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

Canadian Solar (CSIQ) has reported Change in Working Capital for 4 consecutive years, with -$93.2 million the latest figure, recorded in 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 per CSIQ's latest filing, from -$304.3 million in the prior quarter.
• Over the last five years, Change in Working Capital for CSIQ reached as high as $175.7 million in Q4 2022 and fell as low as -$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 surged 111.72% — and 2024, when it tumbled 2098.8%.
• Year by year, Change in Working Capital stood at $175.7 million in 2022, then tumbled by 87.4% to $22.1 million in 2023, then slumped by 1241.0% to -$252.7 million in 2024, then jumped by 63.13% to -$93.2 million in 2025.
• According to Business Quant data, Change in Working Capital over the past three periods registered -$93.2 million, -$304.3 million, and -$222.3 million for Q4 2025, Q3 2025, and Q2 2025 respectively.