Canadian Solar, Inc. engages in the manufacture of solar photovoltaic modules, provision of solar energy and battery storage solutions, and development of utility-scale solar and battery storage products. The company is headquartered in Guelph, Ontario and currently employs 17,113 full-time employees. The company went IPO on 2006-11-09. The company is a manufacturer of solar photovoltaic modules, a provider of solar energy and battery energy storage solutions, and a developer of utility-scale solar power and battery energy storage projects with a geographically diversified pipeline in various stages of development. The company operates through two segments: Recurrent Energy, and CSI Solar. The Recurrent Energy segment is vertically integrated and focuses on greenfield origination, development, financing, execution, operations and maintenance, and asset management. The CSI Solar segment consists of solar module and battery energy storage manufacturing, and delivery of total system solutions, including inverters, solar system kits, and engineering, procurement, and construction (EPC) services. The company has developed, built, and connected around 10 Giga Watt peak (GWp) of solar power projects and 3.3 GWh of battery energy storage projects across the world.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue
5,595
5,595
5,993
7,613
7,468
5,277
Revenue Growth (YoY)
-7%
-7%
-21%
2%
42%
52%
Cost of Revenue
4,568
4,568
4,994
6,333
6,205
4,367
Gross Profit
1,026
1,026
999
1,279
1,263
909
Selling, General & Admin
964
964
1,003
810
901
707
Research & Development
90
90
120
100
69
58
Operating Expenses
983
983
1,028
911
970
765
Other Non Operating Income (Expenses)
--
--
--
--
--
--
Pretax Income
-140
-140
-82
408
356
138
Income Tax Expense
14
14
-16
59
73
35
Net Income
-104
-104
36
274
239
95
Net Income Growth
-389%
-389%
-87%
15%
152%
-35%
Shares Outstanding (Diluted)
67.71
67.36
66.93
72.19
71.18
68.87
Shares Change (YoY)
-1%
1%
-7%
1%
3%
11%
EPS (Diluted)
-1.54
-1.54
0.53
3.79
3.37
1.38
EPS Growth
-387%
-387%
-86%
12%
144%
-41%
Free Cash Flow
-1,644
-1,644
-2,755
-840
288
-837
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
18.33%
18.33%
16.66%
16.8%
16.91%
17.22%
Operating Margin
0.76%
0.76%
-0.48%
4.83%
3.91%
2.7%
Profit Margin
-1.85%
-1.85%
0.6%
3.59%
3.2%
1.8%
Free Cash Flow Margin
-29.38%
-29.38%
-45.97%
-11.03%
3.85%
-15.86%
EBITDA
--
--
472
675
526
425
EBITDA Margin
--
--
7.87%
8.86%
7.04%
8.05%
D&A For EBITDA
--
--
501
307
234
282
EBIT
43
43
-29
368
292
143
EBIT Margin
0.76%
0.76%
-0.48%
4.83%
3.91%
2.7%
Effective Tax Rate
-10%
-10%
19.51%
14.46%
20.5%
25.36%
Follow-Up Questions
What are Canadian Solar Inc's key financial statements?
According to the latest financial statement (Form-10K), Canadian Solar Inc has a total asset of $15,171, Net loss of $-104
What are the key financial ratios for CSIQ?
Canadian Solar Inc's Current ratio is 1.22, has a Net margin is -1.85, sales per share of $83.05.
How is Canadian Solar Inc's revenue broken down by segment or geography?
Canadian Solar Inc largest revenue segment is Manufacturing, at a revenue of 5,612,124,000 in the most earnings release.For geography, Americas is the primary market for Canadian Solar Inc, at a revenue of 3,103,775,000.
Is Canadian Solar Inc profitable?
no, according to the latest financial statements, Canadian Solar Inc has a net loss of $-104
Does Canadian Solar Inc have any liabilities?
yes, Canadian Solar Inc has liability of 12,363
How many outstanding shares for Canadian Solar Inc?
Canadian Solar Inc has a total outstanding shares of 66.97