First Solar (FSLR) Work In Process (2009 - 2026)
First Solar (FSLR) posted Work In Process of $196.05 million for Q3 2026, up 63.9% from $119.62 million a year earlier and up 37.2% from the prior quarter.
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Analysis
First Solar (FSLR) Work In Process (2009 - 2026) Analysis & Trends
At the end of FY2025, First Solar's Work In Process came in at $105.33 million, down 9.0% from FY2024.
- Annual Work In Process shows a five-year compound annual growth rate of 10.2% (FY2020 to FY2025).
- In prior years, First Solar's Work In Process was $115.7 million in FY2024 (+47.5%), $78.46 million in FY2023 (+17.7%), $66.64 million in FY2022 (+1.6%) and $65.57 million in FY2021 (+1.3%).
- The Q3 2026 figure stands as the highest quarterly Work In Process in data going back to Q4 2009.
- On a year-over-year basis, Work In Process increased in five of the last eight quarters, with growth averaging 22.0%.
- The strongest year-over-year quarter for Work In Process in the past five years was Q3 2026, with growth of 63.9%; the weakest was Q1 2026, with a decline of 15.5%.
- According to Business Quant data, Work In Process for the three prior quarters was $142.88 million (Q2 2026), $116.07 million (Q1 2026) and $105.33 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 209.61 Bn | 160.70 Bn | 3.11 Bn |
| 2 | Bloom Energy | 56.09 Bn | 45.99 Bn | 417.10 Mn |
| 3 | First Solar | 19.82 Bn | 11.19 Bn | 713.06 Mn |
| 4 | Nextpower | 15.58 Bn | 11.28 Bn | 345.32 Mn |
| 5 | BWX Technologies | 11.75 Bn | 9.57 Bn | 227.14 Mn |
| 6 | Generac Holdings | 10.81 Bn | 9.54 Bn | 516.04 Mn |
| 7 | Innio | 10.80 Bn | 10.80 Bn | 367.70 Mn |
| 8 | EnerSys | 5.49 Bn | 3.69 Bn | 313.36 Mn |
| 9 | Mirion Technologies | 4.67 Bn | 3.03 Bn | 131.50 Mn |
| 10 | Enphase Energy | 3.73 Bn | -585.71 Mn | 127.12 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 196.05 Mn |
| Jun 30, 2026 | 142.88 Mn |
| 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 |
API Access
First Solar Work In Process API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=work-in-process&ticker=FSLR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "work-in-process", "ticker": "FSLR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=work-in-process&ticker=FSLR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();