Canadian Solar (CSIQ) EBITDA (2009 - 2026)
Canadian Solar's (CSIQ) quarterly EBITDA came in at -$71.1 million in Q2 2026, down 155.76% on a YoY basis from $127.4 million in Q2 2025, and down 197.52% quarter-over-quarter from $72.9 million in Q1 2026.
Analysis
Canadian Solar (CSIQ) EBITDA (2009 - 2026) Analysis & Trends
Canadian Solar (CSIQ) has reported EBITDA for 18 consecutive years, with -$71.1 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBITDA fell 155.76% year-over-year to -$71.1 million; the trailing twelve-month figure through Jun 2026 stood at -$27.7 million (up 48.93% YoY), and the FY2025 full-year result was $43.2 million, up 243.47% from the prior year.
- EBITDA declined to -$71.1 million in Q2 2026 per CSIQ's latest filing, from $72.9 million in the prior quarter.
- Across five years, EBITDA topped out at $224.1 million in Q2 2023 and bottomed at -$127.1 million in Q4 2024.
- Historically, EBITDA has averaged $45.8 million across 5 years, with a median of $48.4 million in 2024.
- The sharpest annual moves came in 2024 and 2025: EBITDA sank 22127.21% in 2024, then surged 11664.97% in 2025.
- Over 5 years, EBITDA stood at $135.8 million in 2022, then sank by 99.57% to $577000.0 in 2023, then tumbled by 22127.21% to -$127.1 million in 2024, then jumped by 49.6% to -$64.1 million in 2025, then decreased by 10.92% to -$71.1 million in 2026.
- According to Business Quant data, EBITDA over the past three periods registered -$71.1 million, $72.9 million, and -$64.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | 450.39 Mn |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | 190.91 Mn |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | 51.52 Mn |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | -16.05 Mn |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | -22.78 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 21.42 Mn |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | -71.06 Mn |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | 37.47 Mn |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | -210.95 Mn |
| 10 | Toyo | 131.54 Mn | 21.49 Mn | 36.97 Mn | 22.56 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -71.06 Mn |
| Mar 31, 2026 | 72.87 Mn |
| Dec 31, 2025 | -64.06 Mn |
| Sep 30, 2025 | 34.59 Mn |
| Jun 30, 2025 | 127.43 Mn |
| Mar 31, 2025 | -54.81 Mn |
| Dec 31, 2024 | -127.10 Mn |
| Sep 30, 2024 | 294,000.00 |
| Jun 30, 2024 | 47.65 Mn |
| Mar 31, 2024 | 49.07 Mn |
| Dec 31, 2023 | 577,000.00 |
| Sep 30, 2023 | 83.02 Mn |
| Jun 30, 2023 | 224.12 Mn |
| Mar 31, 2023 | 145.60 Mn |
| Dec 31, 2022 | 135.76 Mn |
| Sep 30, 2022 | 88.67 Mn |
| Jun 30, 2022 | 116.12 Mn |
| Mar 31, 2022 | 15.52 Mn |
| Dec 31, 2021 | 67.43 Mn |
| Sep 30, 2021 | 53.09 Mn |