Non-Current Assets

PP&E (Net)

First Solar PP&E (Net) decreased by 0.2% to $5.67B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.5%, from $5.64B to $5.67B. Over 5 years (FY 2020 to FY 2025), PP&E (Net) shows an upward trend with a 18.8% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2015
Last reportedQ1 2026

How to read this metric

An increase indicates ongoing investment in physical capacity, whereas a decline may suggest aging assets or a strategy of asset-light operations.

Detailed definition

This metric represents the book value of tangible assets after subtracting accumulated depreciation from the total histo...

Peer comparison

Standard line item for all manufacturing and industrial companies; directly comparable across peers.

Metric ID: property_plant_equipment_net

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$2.40B$2.51B$2.65B$2.79B$2.99B$3.12B$3.54B$3.86B$4.02B$4.07B$4.40B$4.92B$5.14B$5.33B$5.41B$5.64B$5.72B$5.76B$5.68B$5.67B
QoQ Change+4.6%+5.7%+5.1%+7.3%+4.5%+13.2%+9.1%+4.2%+1.3%+8.0%+11.8%+4.5%+3.6%+1.6%+4.1%+1.5%+0.7%-1.5%-0.2%
YoY Change+24.7%+24.7%+33.5%+38.5%+34.5%+30.4%+24.3%+27.4%+27.8%+30.8%+23.1%+14.7%+11.4%+8.1%+4.8%+0.5%
Range$2.40B$5.76B
CAGR+19.9%
Avg YoY Growth+22.5%
Median YoY Growth+24.7%
Current Streak2 quarters decline

Geographic Breakdown

View all
SegmentQ4 '21Q4 '22Q4 '23Q4 '24Q4 '25
All other foreign countries$21.87M$15.37M$50.49M$52.35M$62.34M
Total$2.65B$3.54B$4.40B$5.41B$5.68B

Frequently Asked Questions

What is First Solar's pp&e (net)?
First Solar (FSLR) reported pp&e (net) of $5.67B in Q1 2026.
How has First Solar's pp&e (net) changed year-over-year?
First Solar's pp&e (net) increased by 0.5% year-over-year, from $5.64B to $5.67B.
What is the long-term trend for First Solar's pp&e (net)?
Over 5 years (2020 to 2025), First Solar's pp&e (net) has grown at a 18.8% compound annual growth rate (CAGR), from $2.40B to $5.68B.
What does pp&e (net) mean?
The current book value of physical assets after accounting for wear and tear.