Canadian Solar Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,441	1,370	1,701	1,939	981.43	869.83
Cash & Short-Term Investments	1,441	1,370	1,701	1,939	981.43	869.83
Cash Growth	-8.63%	-19.46%	-12.23%	97.54%	12.83%	-26.21%
Accounts Receivable	946.84	1,058	1,261	1,006	1,029	688.62
Other Receivables	13.9	17.96	5.22	40.58	48.61	73.04
Total Trade Receivables	960.74	1,076	1,267	1,047	1,077	761.66
Inventory	1,519	1,134	1,207	1,180	1,524	1,192
Other Current Assets	2,542	2,399	1,742	1,930	2,062	1,948
Total Current Assets	6,463	5,979	5,917	6,095	5,645	4,772
Net Property, Plant & Equipment	6,000	5,883	5,530	4,277	2,295	1,616
Other Intangible Assets	31.28	31.98	31.03	19.73	17.53	18.99
Long-Term Investments	307.26	289.6	232.98	236.93	115.78	98.82
Other Long-Term Assets	2,734	2,988	1,800	1,267	964.1	882.27
Total Assets	15,535	15,172	13,512	11,896	9,037	7,388
Accounts Payable	1,031	878.83	1,063	813.68	805.3	503
Accrued Expenses	827.82	786.68	987.95	1,360	853.04	667.85
Short-Term Debt	3,327	3,329	2,511	2,683	1,444	1,593
Current Portion of Long-Term Debt	151.14	153.15	228.92	-	-	-
Current Portion of Leases	32.6	26.78	21.33	20.2	9.81	12.19
Unearned Revenue	216.08	162.59	204.83	392.31	334.94	135.51
Other Current Liabilities	485.08	513.77	402.2	594.53	324.1	252.85
Total Current Liabilities	6,071	5,850	5,419	5,864	5,259	4,038
Long-Term Debt	3,957	3,817	2,878	1,655	1,071	748.31
Long-Term Leases	338.66	354.51	271.85	116.85	25.71	76.86
Other Long-Term Liabilities	871.71	880.66	792.9	554.28	369.2	391.14
Total Long-Term Liabilities	5,167	5,052	3,943	2,326	1,466	1,216
Total Liabilities	11,238	10,902	9,362	8,191	6,730	5,262
Common Stock	835.54	835.54	835.54	835.54	835.54	835.54
Additional Paid-in Capital	569.86	568.92	590.58	292.74	1.13	-19.43
Accumulated Other Comprehensive Income	-25.12	-78.13	-196.38	-118.74	-170.55	-50.58
Retained Earnings	1,450	1,482	1,586	1,550	1,276	1,036
Total Common Shareholders' Equity	2,830	2,808	2,816	2,559	1,942	1,801
Minority Interest	1,467	1,462	1,334	1,146	365.06	325.36
Shareholders' Equity	4,297	4,270	4,150	3,705	2,307	2,126
Total Liabilities & Equity	15,535	15,172	13,512	11,896	9,037	7,388
Total Debt	7,806	7,680	5,911	4,476	2,550	2,430
Net Cash (Debt)	-6,365	-6,309	-4,210	-2,537	-1,569	-1,560
Net Cash Per Share	-94.19	-93.65	-62.88	-35.14	-22.04	-22.66
Book Value	2,830	2,808	2,816	2,559	1,942	1,801
Book Value Per Share	41.87	41.68	42.06	35.45	27.28	26.15
Tangible Book Value	2,799	2,776	2,784	2,540	1,924	1,782
Tangible Book Value Per Share	41.41	41.21	41.60	35.18	27.03	25.88

Updated May 15, 2026. Data Source: Fiscal.ai. Utilities template. Financial Sources.

SEC Filings: 10-K · 10-Q