Other

Prepaid expenses

First Solar Prepaid expenses increased by 14.2% to $113.40M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 23.7%, from $91.64M to $113.40M. Over 5 years (FY 2020 to FY 2025), Prepaid expenses shows a downward trend with a -9.2% CAGR.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryLiquidity
SignalContext dependent
VolatilityStable
First reportedQ4 2024
Last reportedQ1 2026

How to read this metric

Significant fluctuations may indicate changes in the timing of large annual contracts or operational scaling.

Detailed definition

These are payments made in advance for goods or services that will be received or consumed within the next twelve months...

Peer comparison

Standard across all industries; generally represents a small portion of total current assets.

Metric ID: other_prepaid_expense_current

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$169.88M$172.11M$28.23M$30.19M$39.13M$47.29M$43.26M$45.47M$53.30M$51.74M$62.48M$63.54M$78.93M$74.99M$75.25M$91.64M$95.14M$86.04M$99.28M$113.40M
QoQ Change+1.3%-83.6%+6.9%+29.6%+20.9%-8.5%+5.1%+17.2%-2.9%+20.8%+1.7%+24.2%-5.0%+0.4%+21.8%+3.8%-9.6%+15.4%+14.2%
YoY Change-77.0%-72.5%+53.2%+50.6%+36.2%+9.4%+44.4%+39.7%+48.1%+44.9%+20.4%+44.2%+20.5%+14.7%+31.9%+23.7%
Range$28.23M$172.11M
CAGR-8.2%
Avg YoY Growth+20.8%
Median YoY Growth+34.1%
Current Streak2 quarters growth

Frequently Asked Questions

What is First Solar's prepaid expenses?
First Solar (FSLR) reported prepaid expenses of $113.40M in Q1 2026.
How has First Solar's prepaid expenses changed year-over-year?
First Solar's prepaid expenses increased by 23.7% year-over-year, from $91.64M to $113.40M.
What is the long-term trend for First Solar's prepaid expenses?
Over 5 years (2020 to 2025), First Solar's prepaid expenses has grown at a -9.2% compound annual growth rate (CAGR), from $160.53M to $99.28M.
What does prepaid expenses mean?
Payments made in advance for services or goods that the company will receive within a year.