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% YoY from $579.2 million in Q4 2024, and up 83.64% on a QoQ basis from $579.2 million in Q4 2024.
Canadian Solar (CSIQ) Construction in Progress (2015 - 2025) Analysis & Trends
Canadian Solar (CSIQ) has 11 years of Construction in Progress data on file, last reported at $1.1 billion in 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 improved to $1.1 billion in Q4 2025, from $579.2 million in the prior quarter.
- In the past five years, Construction in Progress ranged from a high of $1.1 billion in Q4 2025 to a low of $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 surged by 255.87% to $359.4 million in 2022, then soared by 87.73% to $674.6 million in 2023, then declined by 14.14% to $579.2 million in 2024, then soared by 83.64% to $1.1 billion in 2025.
- The last three Construction in Progress figures came in at $1.1 billion (Q4 2025), $579.2 million (Q4 2024), and $674.6 million (Q4 2023), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | - |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn | - |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn | - |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | - |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | - |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn | 1.06 Bn |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn | - |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn | - |
| 10 | Toyo | 170.12 Mn | 93.48 Mn | 47.76 Mn | - |
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 |