First Solar (FSLR) Work In Process (2009 - 2026)
First Solar posted quarterly Work In Process of $116.1 million for Q1 2026, down 15.51% year-on-year from $137.4 million in Q1 2025, and up 10.2% on a QoQ basis from $105.3 million in Q4 2025.
First Solar (FSLR) has 18 years of Work In Process data on file, last reported at $116.1 million in Q1 2026.
- For the quarter ending Q1 2026, Work In Process fell 15.51% year-over-year to $116.1 million; the trailing twelve-month figure through Mar 2026 stood at $116.1 million (down 15.51% YoY), and the FY2025 full-year result was $105.3 million, down 8.96% from the prior year.
- Work In Process for Q1 2026 stood at $116.1 million, 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.
- The 5-year median for Work In Process is $92.5 million (2023), against an average of $93.5 million.
- The widest annual swing landed in 2023, when Work In Process soared 54.77%; it then retreated 15.51% in 2026.
- A 5-year view of Work In Process shows it stood at $66.6 million in 2022, then climbed by 17.74% to $78.5 million in 2023, then surged by 47.45% to $115.7 million in 2024, then slipped by 8.96% to $105.3 million in 2025, then advanced by 10.2% to $116.1 million in 2026.
- The last three Work In Process figures came in at $116.1 million (Q1 2026), $105.3 million (Q4 2025), and $119.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 62.90 Mn |
| Dec 31, 2020 | 64.71 Mn |
| Sep 30, 2020 | 67.27 Mn |
| Jun 30, 2020 | 68.24 Mn |
| Mar 31, 2020 | 63.94 Mn |
| Dec 31, 2019 | 59.92 Mn |
| Sep 30, 2019 | 68.86 Mn |
| Jun 30, 2019 | 91.73 Mn |
| Mar 31, 2019 | 59.89 Mn |
| Dec 31, 2018 | 56.91 Mn |
| Sep 30, 2018 | 51.45 Mn |
| Jun 30, 2018 | 72.41 Mn |
| Mar 31, 2018 | 65.37 Mn |
| Dec 31, 2017 | 28.84 Mn |
| Sep 30, 2017 | 20.89 Mn |
| Jun 30, 2017 | 26.15 Mn |
| Mar 31, 2017 | 33.27 Mn |
| Dec 31, 2016 | 62.78 Mn |
| Sep 30, 2016 | 77.94 Mn |
| Jun 30, 2016 | 92.80 Mn |
| Mar 31, 2016 | 155.23 Mn |
| Dec 31, 2015 | 136.89 Mn |
| Sep 30, 2015 | 104.39 Mn |
| Jun 30, 2015 | 94.36 Mn |
| Mar 31, 2015 | 119.96 Mn |
| Dec 31, 2014 | 125.08 Mn |
| Sep 30, 2014 | 101.12 Mn |
| Jun 30, 2014 | 58.82 Mn |
| Mar 31, 2014 | 82.56 Mn |
| Dec 31, 2013 | 133.73 Mn |
| Sep 30, 2013 | 139.94 Mn |
| Jun 30, 2013 | 128.38 Mn |
| Mar 31, 2013 | 135.37 Mn |
| Dec 31, 2012 | 98.90 Mn |
| Sep 30, 2012 | 125.01 Mn |
| Jun 30, 2012 | 152.66 Mn |
| Mar 31, 2012 | 122.96 Mn |
| Dec 31, 2011 | 53.78 Mn |
| Sep 30, 2011 | 43.29 Mn |
| Jun 30, 2011 | 33.66 Mn |
| Mar 31, 2011 | 27.47 Mn |
| Dec 31, 2010 | 21.53 Mn |
| Sep 25, 2010 | 22.54 Mn |
| Jun 26, 2010 | 5.86 Mn |
| Dec 26, 2009 | 6.25 Mn |