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

Canadian Solar (CSIQ) posted quarterly Cost of Revenue of $1.1 billion for Q4 2025, down 16.21% year-on-year from $1.3 billion in Q4 2024, and down 11.23% on a QoQ basis from $1.2 billion in Q3 2025.

Canadian Solar (CSIQ) Cost of Revenue (2009 - 2025) Analysis & Trends

Canadian Solar (CSIQ) has reported Cost of Revenue for 17 consecutive years, with $1.1 billion the latest figure, recorded 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 retreated to $1.1 billion in Q4 2025 per CSIQ's latest filing, from $1.2 billion in the prior quarter.
  • Over the last five years, Cost of Revenue for CSIQ reached as high as $1.9 billion in Q2 2022 and fell as low as $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 soared 126.9% — and 2024, when it decreased 29.64%.
  • Year by year, Cost of Revenue stood at $1.2 billion in 2021, then jumped by 32.23% to $1.6 billion in 2022, then fell by 8.28% to $1.5 billion in 2023, then fell by 12.39% to $1.3 billion in 2024, then fell by 16.21% to $1.1 billion in 2025.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $1.1 billion, $1.2 billion, and $1.2 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

Historic Data

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