Canadian Solar Inc. (CSIQ)

Canadian Solar Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	5,595	5,993	7,614	7,469	5,277
Revenue Growth (YoY)	-6.65%	-21.28%	1.94%	41.53%	51.80%
Operations and Maintenance Expenses	4,569	4,994	6,334	6,205	4,368
Gross Profit	1,026	999.32	1,280	1,263	909.31
Other Operating Expenses	983.07	1,029	826.66	907.08	718.93
Operating Income	43.16	-30.08	453.32	356.06	190.38
Interest Income	46.05	88.47	51.62	40.62	11.05
Interest Expense	-178.17	-137.47	-114.1	-74.27	-58.15
Other Non-Operating Income (Expense)	-51.78	-3.22	17.68	34.06	-4.82
Total Non-Operating Income (Expense)	-183.9	-52.22	-44.8	0.41	-51.92
Pretax Income	-140.74	-82.3	408.53	356.47	138.46
Provision for Income Taxes	-14.15	16.58	-59.5	-73.35	35.84
Net Income	-104.13	36.05	274.19	239.97	95.25
Minority Interest in Earnings	-79.64	-113.91	89.45	58.59	14.63
Net Income to Common	-104.13	36.05	274.19	239.97	95.25
Net Income Growth	-	-86.85%	14.26%	151.94%	-35.07%
Shares Outstanding (Basic)	67	67	65	64	62
Shares Outstanding (Diluted)	67	67	72	71	69
Shares Change (YoY)	0.64%	-7.28%	1.42%	3.36%	10.54%
EPS (Basic)	-2.50	0.54	4.19	3.73	1.55
EPS (Diluted)	-2.50	0.54	3.87	3.44	1.46
EPS Growth	-	-86.05%	12.50%	135.62%	-38.66%
Free Cash Flow	-1,644	-2,756	-840.85	289.52	-837.75
Free Cash Flow Per Share	-24.41	-41.17	-11.65	4.07	-12.16
Gross Margin	18.34%	16.67%	16.81%	16.91%	17.23%
Operating Margin	0.77%	-0.50%	5.95%	4.77%	3.61%
Profit Margin	-3.28%	-1.30%	4.78%	4.00%	2.08%
FCF Margin	-29.39%	-45.98%	-11.04%	3.88%	-15.88%
EBITDA	43.16	471.36	760.36	590.62	473.15
EBITDA Margin	0.77%	7.86%	9.99%	7.91%	8.97%
EBIT	43.16	-30.08	453.32	356.06	190.38
EBIT Margin	0.77%	-0.50%	5.95%	4.77%	3.61%
Effective Tax Rate	10.05%	-20.14%	-14.56%	-20.58%	25.89%

Updated Mar 19, 2026. Data Source: Fiscal.ai. Utilities template. Financial Sources.

SEC Filings: 10-K · 10-Q