Canadian Solar (CSIQ) Change in Working Capital (2022 - 2025)

Canadian Solar has disclosed Change in Working Capital across 4 years of filings, most recently posting -$93.2 million for Q4 2025.

• Quarterly Change in Working Capital rose 63.13% year-over-year to -$93.2 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$969.1 million (up 41.34% YoY) and the FY2025 annual result came in at -$969.1 million, up 41.34% from the prior year.
• Change in Working Capital grew to -$93.2 million in Q4 2025, from -$304.3 million in the prior quarter.
• Over five years, Change in Working Capital peaked at $175.7 million in Q4 2022 and troughed at -$631.0 million in Q2 2024.
• A 4-year average of -$173.9 million and a median of -$127.4 million in 2023 frame the typical range for Change in Working Capital.
• Annual changes were most pronounced in 2023 — Change in Working Capital jumped 111.72% — and 2024, when it plunged 2098.8%.
• Tracing CSIQ's Change in Working Capital over 4 years: stood at $175.7 million in 2022, then plunged by 87.4% to $22.1 million in 2023, then tumbled by 1241.0% to -$252.7 million in 2024, then soared by 63.13% to -$93.2 million in 2025.
• Business Quant data shows CSIQ's Change in Working Capital at -$93.2 million in Q4 2025, -$304.3 million in Q3 2025, and -$222.3 million in Q2 2025.