Canadian Solar (CSIQ) Cost of Revenue (2009 - 2025)

Canadian Solar (CSIQ) has 17 years of Cost of Revenue data on file, last reported at $1.1 billion in Q4 2025.

• Quarterly Cost of Revenue fell 16.21% year-over-year to $1.1 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $4.6 billion (down 8.51% YoY) and the FY2025 annual result came in at $4.6 billion, down 8.51% from the prior year.
• Cost of Revenue eased to $1.1 billion in Q4 2025, from $1.2 billion in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $1.9 billion in Q2 2022 to a low of $894.7 million in Q1 2021.
• A 5-year average of $1.3 billion and a median of $1.3 billion in 2021 frame the typical range for Cost of Revenue.
• Annual changes were most pronounced in 2021 — Cost of Revenue surged 126.9% — and 2024, when it retreated 29.64%.
• Tracing CSIQ's Cost of Revenue over 5 years: stood at $1.2 billion in 2021, then jumped by 32.23% to $1.6 billion in 2022, then slipped by 8.28% to $1.5 billion in 2023, then slipped by 12.39% to $1.3 billion in 2024, then slipped by 16.21% to $1.1 billion in 2025.
• The last three Cost of Revenue figures came in at $1.1 billion (Q4 2025), $1.2 billion (Q3 2025), and $1.2 billion (Q2 2025), per Business Quant data.