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
12.43
+0.10 (0.81%)
After-hours: Aug 31, 2026, 7:56 PM EDT
Canadian Solar Income Statement
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 | Jun '26 Jun 30, 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 |
| 4,990 | 5,595 | 5,993 | 7,614 | 7,469 | 5,277 | |
Revenue Growth | -15.70% | -6.65% | -21.28% | 1.94% | 41.53% | 51.80% |
Cost of Revenue | 4,110 | 4,509 | 4,961 | 6,317 | 6,204 | 4,351 |
Gross Profit | 880.24 | 1,086 | 1,032 | 1,296 | 1,265 | 926.46 |
Selling, General & Admin | 757.71 | 899.32 | 916.47 | 804.22 | 840.73 | 701.51 |
Research & Development | 83.2 | 90.69 | 120.79 | 100.84 | 69.82 | 58.41 |
Other Operating Expenses | -63.54 | -77.23 | -95.44 | -79 | -59.54 | -38.47 |
Operating Expenses | 777.37 | 912.78 | 941.82 | 826.07 | 851 | 721.45 |
Operating Income | 102.87 | 173.69 | 90.55 | 470.16 | 413.81 | 205.02 |
Interest Expense | -208.87 | -178.17 | -137.47 | -114.1 | -74.27 | -58.15 |
Interest & Investment Income | 121.69 | 53.44 | 89.9 | 66.25 | 41.47 | 29.69 |
Earnings From Equity Investments | -30.13 | -28.88 | -12.14 | 14.61 | 15.44 | 7.26 |
Currency Exchange Gain (Loss) | -61.94 | -16.75 | 46.75 | 30.56 | 77.69 | -47.23 |
Other Non Operating Income (Expenses) | -8.02 | -42.42 | -51.4 | -27.5 | -44.49 | 23.79 |
EBT Excluding Unusual Items | -84.39 | -39.08 | 26.2 | 439.97 | 429.65 | 160.36 |
Gain (Loss) on Sale of Assets | -5.21 | -5.21 | -0.9 | 5.34 | 4.26 | 10.01 |
Asset Writedown | -125.32 | -125.32 | -119.74 | -22.18 | -62 | -23.24 |
Other Unusual Items | - | - | - | - | - | -1.41 |
Pretax Income | -214.92 | -169.61 | -94.44 | 423.14 | 371.91 | 145.72 |
Income Tax Expense | 36.24 | 14.15 | -16.58 | 59.5 | 73.35 | 35.84 |
Earnings From Continuing Operations | -251.16 | -183.76 | -77.86 | 363.63 | 298.56 | 109.88 |
Minority Interest in Earnings | 64.86 | 79.64 | 113.91 | -89.45 | -58.59 | -14.63 |
Net Income | -186.3 | -104.13 | 36.05 | 274.19 | 239.97 | 95.25 |
Net Income to Common | -186.3 | -104.13 | 36.05 | 274.19 | 239.97 | 95.25 |
Net Income Growth | - | - | -86.85% | 14.26% | 151.94% | -35.07% |
Shares Outstanding (Basic) | 68 | 67 | 67 | 65 | 64 | 62 |
Shares Outstanding (Diluted) | 68 | 67 | 67 | 72 | 71 | 69 |
Shares Change | 1.14% | 0.64% | -7.28% | 1.42% | 3.36% | 10.54% |
EPS (Basic) | -2.75 | -1.55 | 0.54 | 4.19 | 3.73 | 1.55 |
EPS (Diluted) | -3.84 | -2.50 | 0.54 | 3.87 | 3.44 | 1.46 |
EPS Growth | - | - | -86.05% | 12.41% | 135.90% | -38.63% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Free Cash Flow | -1,568 | -1,644 | -2,756 | -840.85 | 288.63 | -837.75 |
Free Cash Flow Per Share | -23.14 | -24.41 | -41.17 | -11.65 | 4.05 | -12.16 |
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% |
Profit Margin | -3.73% | -1.86% | 0.60% | 3.60% | 3.21% | 1.80% |
Free Cash Flow Margin | -31.42% | -29.39% | -45.98% | -11.04% | 3.86% | -15.88% |
EBITDA | 626.93 | 728.75 | 592 | 777.2 | 648.37 | 487.79 |
EBITDA Margin | 12.56% | 13.03% | 9.88% | 10.21% | 8.68% | 9.24% |
D&A For EBITDA | 524.06 | 555.05 | 501.44 | 307.04 | 234.56 | 282.77 |
EBIT | 102.87 | 173.69 | 90.55 | 470.16 | 413.81 | 205.02 |
EBIT Margin | 2.06% | 3.10% | 1.51% | 6.17% | 5.54% | 3.89% |
Effective Tax Rate | - | - | - | 14.06% | 19.72% | 24.60% |