Canadian Solar Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	5,899	5,993	7,614	7,469	5,277	3,476
Revenue Growth (YoY)	-4.46%	-21.28%	1.94%	41.53%	51.80%	8.62%
Operations and Maintenance Expenses	4,780	4,994	6,334	6,205	4,368	2,787
Gross Profit	1,119	999.32	1,280	1,263	909.31	689.91
Other Operating Expenses	1,139	1,029	826.66	907.08	718.93	469.48
Operating Income	-19.88	-30.08	453.32	356.06	190.38	220.43
Interest Income	63.4	88.47	51.62	40.62	11.05	9.31
Interest Expense	-165.1	-137.47	-114.1	-74.27	-58.15	-71.87
Other Non-Operating Income (Expense)	-47.86	-3.22	17.68	34.06	-4.82	-23.38
Total Non-Operating Income (Expense)	-149.56	-52.22	-44.8	0.41	-51.92	-85.95
Pretax Income	-169.44	-82.3	408.53	356.47	138.46	134.48
Provision for Income Taxes	-6.62	16.58	-59.5	-73.35	35.84	1.98
Net Income	16.12	36.05	274.19	239.97	95.25	146.7
Minority Interest in Earnings	-204.52	-113.91	89.45	58.59	14.63	0.54
Net Income to Common	16.12	36.05	274.19	239.97	95.25	146.7
Net Income Growth	2014.83%	-86.85%	14.26%	151.94%	-35.07%	-14.50%
Shares Outstanding (Basic)	67	67	65	64	62	60
Shares Outstanding (Diluted)	69	67	72	71	69	62
Shares Change (YoY)	3.19%	-7.28%	1.42%	3.36%	10.54%	2.52%
EPS (Basic)	-0.33	0.54	4.19	3.73	1.55	2.46
EPS (Diluted)	-0.36	0.54	3.87	3.44	1.46	2.38
EPS Growth	-	-86.05%	12.50%	135.62%	-38.66%	-15.90%
Free Cash Flow	-1,734	-2,756	-840.85	289.52	-837.75	-455.48
Free Cash Flow Per Share	-25.21	-41.17	-11.65	4.07	-12.16	-7.31
Gross Margin	18.97%	16.67%	16.81%	16.91%	17.23%	19.85%
Operating Margin	-0.34%	-0.50%	5.95%	4.77%	3.61%	6.34%
Profit Margin	-3.19%	-1.30%	4.78%	4.00%	2.08%	4.24%
FCF Margin	-29.39%	-45.98%	-11.04%	3.88%	-15.88%	-13.10%
EBITDA	-19.88	471.36	760.36	590.62	473.15	429.55
EBITDA Margin	-0.34%	7.86%	9.99%	7.91%	8.97%	12.36%
EBIT	-19.88	-30.08	453.32	356.06	190.38	220.43
EBIT Margin	-0.34%	-0.50%	5.95%	4.77%	3.61%	6.34%
Effective Tax Rate	3.91%	-20.14%	-14.56%	-20.58%	25.89%	1.47%

Updated Sep 30, 2025. Data Source: Fiscal.ai. Utilities template. Financial Sources.