Canadian Solar (CSIQ) Construction in Progress (2015 - 2025)
Canadian Solar (CSIQ) recorded quarterly Construction in Progress of $1.1 billion in Q4 2025, up 83.64% on a QoQ basis from $579.2 million in Q4 2024, and up 83.64% year-over-year from $579.2 million in Q4 2024.
Canadian Solar (CSIQ) Construction in Progress (2015 - 2025) Analysis & Trends
Canadian Solar has disclosed Construction in Progress across 11 years of filings, most recently posting $1.1 billion for Q4 2025.
- Quarterly Construction in Progress rose 83.64% year-over-year to $1.1 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $1.1 billion (up 83.64% YoY) and the FY2025 annual result came in at $1.1 billion, up 83.64% from the prior year.
- Construction in Progress advanced to $1.1 billion in Q4 2025, from $579.2 million in the prior quarter.
- Over five years, Construction in Progress peaked at $1.1 billion in Q4 2025 and troughed at $101.0 million in Q4 2021.
- A 5-year average of $555.6 million and a median of $579.2 million in 2024 frame the typical range for Construction in Progress.
- Annual changes were most pronounced in 2021 — Construction in Progress slumped 47.87% — and 2022, when it surged 255.87%.
- Tracing CSIQ's Construction in Progress over 5 years: stood at $101.0 million in 2021, then jumped by 255.87% to $359.4 million in 2022, then surged by 87.73% to $674.6 million in 2023, then retreated by 14.14% to $579.2 million in 2024, then surged by 83.64% to $1.1 billion in 2025.
- Business Quant data shows CSIQ's Construction in Progress at $1.1 billion in Q4 2025, $579.2 million in Q4 2024, and $674.6 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | - |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | - |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | - |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | - |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | - |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | - |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | - |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | - |
| 10 | Canadian Solar | 41,875.00 | 578.43 Mn | 124.40 Mn | 1.06 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.06 Bn |
| Dec 31, 2024 | 579.21 Mn |
| Dec 31, 2023 | 674.62 Mn |
| Dec 31, 2022 | 359.36 Mn |
| Dec 31, 2021 | 100.98 Mn |
| Dec 31, 2020 | 193.72 Mn |
| Dec 31, 2019 | 56.45 Mn |
| Dec 31, 2018 | 75.46 Mn |
| Dec 31, 2017 | 92.69 Mn |
| Dec 31, 2016 | 165.37 Mn |
| Dec 31, 2015 | 54.58 Mn |