Canadian Solar Inc. (CSIQ)
NASDAQ: CSIQ · Real-Time Price · USD
12.33
-0.81 (-6.16%)
At close: Aug 31, 2026, 4:00 PM EDT
12.40
+0.07 (0.57%)
After-hours: Aug 31, 2026, 7:25 PM EDT

Canadian Solar Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
4,9905,5955,9937,6147,4695,277
Revenue Growth
-15.70%-6.65%-21.28%1.94%41.53%51.80%
Gross Profit
880.241,0861,0321,2961,265926.46
Operating Income
102.87173.6990.55470.16413.81205.02
Net Income
-186.3-104.1336.05274.19239.9795.25
Earnings Per Share
-3.84-2.500.543.873.441.46
EPS Growth
---86.05%12.41%135.90%-38.63%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Manufacturing
4,7375,6126,4607,2316,9764,372
Recurrent Energy
428.78403.62323.47497.65821.531,124
Eliminations
-175.84-420.64-790.06-114.58-328.53-218.52
Revenue (Total)
4,9905,5955,9937,6147,4695,277

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
1,4611,6251,7951,9581,004890.03
Total Debt
7,3076,8915,4663,7582,5792,410
Net Cash (Debt)
-5,845-5,266-3,671-1,800-1,576-1,520
Net Cash Growth
------
Net Cash Per Share
-86.26-78.17-54.84-24.93-22.14-22.07

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-566.51-252.74-885.32684.62916.63-408.25
Capital Expenditures
-1,001-1,391-1,870-1,525-628-429.5
Free Cash Flow
-1,568-1,644-2,756-840.85288.63-837.75
Free Cash Flow Growth
------

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
17.64%19.42%17.22%17.03%16.93%17.56%
Operating Margin
2.06%3.10%1.51%6.17%5.54%3.89%
Pretax Margin
-4.31%-3.03%-1.58%5.56%4.98%2.76%
Profit Margin
-3.73%-1.86%0.60%3.60%3.21%1.80%
FCF Margin
-31.42%-29.39%-45.98%-11.04%3.86%-15.88%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
--20.416.188.2820.91
Forward PE
-145.1254.4815.7310.2428.03
P/FCF Ratio
----6.88-
PS Ratio
0.170.280.120.220.270.38