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FIRST SOLAR, INC. Inventory 2008-2026 | FSLR

Annual FY2008–FY2025 · quarterly through Q1 FY2026

Latest annual · FY2025

$736.7M

−32.1%YoY vs FY2024Source: 10-KFY2025

From $121.6M in FY2008 to $736.7M in FY2025: 6.1× in 17 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$894M−30.5%Not reportedNot reportedNot reported
FY25$1.3B+32.5%$1.4B+37.6%$1.1B−12.0%$737M−32.1%
FY24$971M+29.2%$1.0B+35.9%$1.3B+41.7%$1.1B+32.3%
FY23$751M−10.6%$756M−6.7%$883M+8.9%$820M+31.9%
FY22$841M+52.8%$810M+34.4%$811M+25.2%$621M−6.7%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date.

Key Statistics

Trend DirectionStable
CAGR

+5.4%

FY2020
$567.6M
FY2025
$736.7M

5 years selected · on the chart

Inventory History

Year-over-year comparison from 10-K annual reports

  1. $736.7M
YoY changeLargest recent move+125.0%in FY18Latest −32.1%

Inventory, period by period

PeriodValueChangeSource
FY2025$736.7M−32.1%10-K
FY2024$1.08B+32.3%10-K
FY2023$819.9M+31.9%10-K
FY2022$621.4M−6.7%10-K
FY2021$666.3M+17.4%10-K
FY2020$567.6M+28.0%10-K
FY2019$443.5M+14.3%10-K
FY2018$387.9M+125.0%10-K
FY2017$172.4M−52.5%10-K
FY2016$363.2M−4.5%10-K
FY2015$380.4M−24.7%10-K
FY2014$505.1M+29.9%10-K
FY2013$389.0M−10.6%10-K
FY2012$434.9M−8.6%10-K
FY2011$475.9M+143.0%10-K
FY2010$195.9M+28.2%10-K
FY2009$152.8M+25.7%10-K
FY2008$121.6M—10-K

What is inventory?

Inventory includes raw materials, work-in-progress, and finished goods held for sale in the ordinary course of business.

What is FIRST SOLAR, INC.'s current inventory?

FIRST SOLAR, INC. (FSLR) annual inventory for 2025 was $736.7M, a 32.06% decline from 2024. FIRST SOLAR, INC. inventory for the quarter ending March 31, 2026 was $893.9M.

What was FIRST SOLAR, INC.'s inventory in 2024?

FIRST SOLAR, INC. annual inventory for 2024 was $1.08B, a 32.26% increase from 2023.

What was FIRST SOLAR, INC.'s inventory in 2023?

FIRST SOLAR, INC. annual inventory for 2023 was $819.9M, a 31.95% increase from 2022.

What is FIRST SOLAR, INC.'s 5-year inventory CAGR?

FIRST SOLAR, INC. inventory grew at a compound annual growth rate (CAGR) of 5.36% from FY2020 to FY2025, going from $567.6M to $736.7M over 5 years.

Company
FIRST SOLAR, INC.
Ticker
FSLR
Sector
Technology
Industry
Semiconductors & Related Devices