First Solar (FSLR) Work In Process (2009 - 2026)

First Solar (FSLR) posted Work In Process of $116.1 million for Q1 2026, up 10.2% on a QoQ basis from $105.3 million in Q4 2025, and down 15.51% year-over-year from $137.4 million in Q1 2025.

First Solar (FSLR) Work In Process (2009 - 2026) Analysis & Trends

First Solar's Work In Process history runs 18 years deep, the most recent figure standing at $116.1 million for Q1 2026.

  • Quarterly Work In Process fell 15.51% year-over-year to $116.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $116.1 million (down 15.51% YoY) and the FY2025 annual result came in at $105.3 million, down 8.96% from the prior year.
  • Work In Process was $116.1 million for Q1 2026 at First Solar, up from $105.3 million in the prior quarter.
  • Across five years, Work In Process topped out at $137.4 million in Q1 2025 and bottomed at $57.9 million in Q1 2022.
  • A 5-year average of $93.5 million and a median of $92.5 million in 2023 frame the typical range for Work In Process.
  • Annual changes were most pronounced in 2023 — Work In Process soared 54.77% — and 2026, when it dropped 15.51%.
  • First Solar's Work In Process stood at $66.6 million in 2022, then grew by 17.74% to $78.5 million in 2023, then soared by 47.45% to $115.7 million in 2024, then dropped by 8.96% to $105.3 million in 2025, then climbed by 10.2% to $116.1 million in 2026.
  • Business Quant data shows FSLR's Work In Process at $116.1 million in Q1 2026, $105.3 million in Q4 2025, and $119.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 116.07 Mn
Dec 31, 2025 105.33 Mn
Sep 30, 2025 119.62 Mn
Jun 30, 2025 107.55 Mn
Mar 31, 2025 137.37 Mn
Dec 31, 2024 115.70 Mn
Sep 30, 2024 120.05 Mn
Jun 30, 2024 101.78 Mn
Mar 31, 2024 91.05 Mn
Dec 31, 2023 78.46 Mn
Sep 30, 2023 92.49 Mn
Jun 30, 2023 83.16 Mn
Mar 31, 2023 75.73 Mn
Dec 31, 2022 66.64 Mn
Sep 30, 2022 59.76 Mn
Jun 30, 2022 60.09 Mn
Mar 31, 2022 57.85 Mn
Dec 31, 2021 65.57 Mn
Sep 30, 2021 61.20 Mn
Jun 30, 2021 60.84 Mn