Income Before Tax

Pre-Tax Income

First Solar Pre-Tax Income decreased by 35.7% to $354.33M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 63.2%, from $217.06M to $354.33M. Over 3 years (FY 2021 to FY 2025), Pre-Tax Income shows an upward trend with a 40.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionIncome Before Tax
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2026

How to read this metric

Higher values indicate stronger overall profitability and operational efficiency before tax impacts.

Detailed definition

Measures the profitability of the company after all operating and non-operating expenses have been deducted, but before...

Peer comparison

A standard GAAP metric used universally to compare pre-tax performance across different industries.

Metric ID: income_before_tax

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$102.80M$46.04M$167.17M-$62.75M$139.60M-$61.68M$35.67M$188.47M$290.47M$376.68M$255.52M$377.13M$327.34M$446.35M$217.06M$352.17M$460.35M$551.34M$354.33M
QoQ Change-55.2%+263.1%-137.5%+322.5%-144.2%+157.8%+428.3%+54.1%+29.7%-32.2%+47.6%-13.2%+36.4%-51.4%+62.2%+30.7%+19.8%-35.7%
YoY Change+35.8%-234.0%+156.8%+35.0%+570.9%+616.3%+100.1%+12.7%+18.5%-15.1%-6.6%+40.6%+23.5%+63.2%
Range-$62.75M$551.34M
CAGR+31.7%
Avg YoY Growth+101.3%
Median YoY Growth+35.4%

Pre-Tax Income at Other Companies

Frequently Asked Questions

What is First Solar's pre-tax income?
First Solar (FSLR) reported pre-tax income of $354.33M in Q1 2026.
How has First Solar's pre-tax income changed year-over-year?
First Solar's pre-tax income increased by 63.2% year-over-year, from $217.06M to $354.33M.
What is the long-term trend for First Solar's pre-tax income?
Over 3 years (2021 to 2025), First Solar's pre-tax income has grown at a 40.3% compound annual growth rate (CAGR), from $572.16M to $1.58B.
What does pre-tax income mean?
Total profit earned before accounting for income tax obligations.