KPIs & Operating Metrics(New)
Growth Metrics

Canadian Solar (CSIQ) Capital Expenditures (2012 - 2025)

Canadian Solar (CSIQ) reported Capital Expenditures of -$266.4 million for Q4 2025, down 25.59% year-on-year from -$358.0 million in Q4 2024, and little changed quarter-over-quarter from -$266.8 million in Q3 2025.

Canadian Solar (CSIQ) has 6 years of Capital Expenditures data on file, last reported at -$266.4 million in Q4 2025.

  • For the quarter ending Q4 2025, Capital Expenditures fell 25.59% year-over-year to -$266.4 million; the trailing twelve-month figure through Dec 2025 stood at -$962.3 million (up 13.36% YoY), and the FY2025 full-year result was $962.3 million, down 13.53% from the prior year.
  • Capital Expenditures for Q4 2025 stood at -$266.4 million, roughly flat from -$266.8 million in the prior quarter.
  • Across five years, Capital Expenditures topped out at -$127.4 million in Q3 2022 and bottomed at -$390.2 million in Q2 2024.
  • A 4-year average of -$248.6 million and a median of -$264.1 million in 2022 frame the typical range for Capital Expenditures.
  • Across the five-year window, Capital Expenditures plunged 139.65% in 2023 and surged 55.74% in 2025, its largest moves.
  • Tracing CSIQ's Capital Expenditures over 4 years: stood at -$264.1 million in 2022, then declined by 11.73% to -$295.1 million in 2023, then gained by 28.12% to -$212.1 million in 2024, then retreated by 25.59% to -$266.4 million in 2025.
  • According to Business Quant data, Capital Expenditures over the past three periods registered -$266.4 million, -$266.8 million, and -$172.7 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 118.53 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 48.11 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn -266.38 Mn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 12.04 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 26.16 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 409,000.00
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 329,000.00
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 7.51 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn -
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn 209,000.00

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 -266.38 Mn
Dec 31, 2025 -266.38 Mn
Sep 30, 2025 -266.77 Mn
Sep 30, 2025 -266.77 Mn
Jun 30, 2025 -172.73 Mn
Jun 30, 2025 -172.73 Mn
Mar 31, 2025 -256.38 Mn
Mar 31, 2025 -256.38 Mn
Dec 31, 2024 -212.10 Mn
Dec 31, 2024 -212.10 Mn
Sep 30, 2024 -238.16 Mn
Sep 30, 2024 -238.16 Mn
Jun 30, 2024 -390.25 Mn
Jun 30, 2024 -390.25 Mn
Mar 31, 2024 -270.06 Mn
Mar 31, 2024 -270.06 Mn
Dec 31, 2023 -295.09 Mn
Dec 31, 2023 -295.09 Mn
Sep 30, 2023 -305.28 Mn
Sep 30, 2023 -305.28 Mn
Jun 30, 2023 -283.07 Mn
Jun 30, 2023 -283.07 Mn
Mar 31, 2023 -233.03 Mn
Mar 31, 2023 -233.03 Mn
Dec 31, 2022 -264.10 Mn
Dec 31, 2022 -264.10 Mn
Sep 30, 2022 -127.39 Mn
Sep 30, 2022 -127.39 Mn
Jun 30, 2022 -147.63 Mn
Jun 30, 2022 -147.63 Mn
Dec 31, 2013 36.43 Mn
Dec 31, 2013 36.43 Mn
Dec 31, 2012 66.91 Mn
Dec 31, 2012 66.91 Mn