First Solar SG&A increased by 28.9% to $65.33M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 22.9%, from $53.16M to $65.33M. Over 4 years (FY 2021 to FY 2025), SG&A shows an upward trend with a 4.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
A rising ratio of SG&A to revenue may indicate inefficiency or aggressive expansion, while a falling ratio suggests improved operating leverage.
Selling, general, and administrative expenses encompass the costs associated with the day-to-day operation of the busine...
Standard operating expense category; peers with larger global sales forces typically show higher absolute SG&A levels.
selling_general_and_administrative| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $36.35M | $43.48M | $38.41M | $36.73M | $38.89M | $46.37M | $42.73M | $44.03M | $46.33M | $50.17M | $57.09M | $45.83M | $46.56M | $46.29M | $49.58M | $53.16M | $52.59M | $47.32M | $50.68M | $65.33M |
| QoQ Change | — | +19.6% | -11.7% | -4.4% | +5.9% | +19.2% | -7.8% | +3.0% | +5.2% | +8.3% | +13.8% | -19.7% | +1.6% | -0.6% | +7.1% | +7.2% | -1.1% | -10.0% | +7.1% | +28.9% |
| YoY Change | — | — | — | — | +7.0% | +6.7% | +11.3% | +19.9% | +19.1% | +8.2% | +33.6% | +4.1% | +0.5% | -7.7% | -13.2% | +16.0% | +13.0% | +2.2% | +2.2% | +22.9% |