Canadian Solar (CSIQ) Construction in Progress (2015 - 2025)
Canadian Solar's (CSIQ) quarterly Construction in Progress came in at $1.1 billion in Q4 2025, up 83.64% on a YoY basis from $579.2 million in Q4 2024, and up 83.64% quarter-over-quarter from $579.2 million in Q4 2024.
Analysis
Canadian Solar (CSIQ) Construction in Progress (2015 - 2025) Analysis & Trends
Canadian Solar (CSIQ) has reported Construction in Progress for 11 consecutive years, with $1.1 billion the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Construction in Progress rose 83.64% year-over-year to $1.1 billion; the trailing twelve-month figure through Dec 2025 stood at $1.1 billion (up 83.64% YoY), and the FY2025 full-year result was $1.1 billion, up 83.64% from the prior year.
- Construction in Progress advanced to $1.1 billion in Q4 2025 per CSIQ's latest filing, from $579.2 million in the prior quarter.
- Across five years, Construction in Progress topped out at $1.1 billion in Q4 2025 and bottomed at $101.0 million in Q4 2021.
- Historically, Construction in Progress has averaged $555.6 million across 5 years, with a median of $579.2 million in 2024.
- The sharpest annual moves came in 2021 and 2022: Construction in Progress tumbled 47.87% in 2021, then soared 255.87% in 2022.
- Over 5 years, Construction in Progress 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.
- According to Business Quant data, Construction in Progress over the past three periods registered $1.1 billion, $579.2 million, and $674.6 million for Q4 2025, Q4 2024, and Q4 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.28 Bn | 20.55 Bn | 605.00 Mn | - |
| 2 | Nextpower | 12.28 Bn | 11.07 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 4.87 Bn | 3.93 Bn | 175.01 Mn | - |
| 4 | Solaredge Technologies | 2.22 Bn | 1.64 Bn | 95.15 Mn | - |
| 5 | T1 Energy | 1.30 Bn | 1.09 Bn | 49.10 Mn | 180.62 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | - |
| 7 | Canadian Solar | 873.77 Mn | -592.73 Mn | 168.48 Mn | - |
| 8 | Array Technologies | 697.01 Mn | 389.71 Mn | 99.60 Mn | - |
| 9 | JinkoSolar Holding | 607.00 Mn | -2.08 Bn | 75.62 Mn | - |
| 10 | Toyo | 132.14 Mn | 22.09 Mn | 36.97 Mn | - |
Historic Data
Download Data
Historic 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 |