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| Date | Value |
|---|---|
| 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 |