Canadian Solar (CSIQ) EBITDA (2009 - 2025)

Canadian Solar (CSIQ) recorded quarterly EBITDA of -$64.1 million in Q4 2025, down 285.21% on a QoQ basis from $34.6 million in Q3 2025, and up 49.6% year-over-year from -$42.8 million in Q4 2024.

Canadian Solar (CSIQ) EBITDA (2009 - 2025) Analysis & Trends

Canadian Solar has disclosed EBITDA across 17 years of filings, most recently posting -$64.1 million for Q4 2025.

  • Quarterly EBITDA rose 49.6% year-over-year to -$64.1 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $43.2 million (up 243.47% YoY) and the FY2025 annual result came in at -$35.2 million, down 16.97% from the prior year.
  • EBITDA retreated to -$64.1 million in Q4 2025, from $34.6 million in the prior quarter.
  • Over five years, EBITDA peaked at $224.1 million in Q2 2023 and troughed at -$127.1 million in Q4 2024.
  • A 5-year average of $50.6 million and a median of $48.4 million in 2024 frame the typical range for EBITDA.
  • Annual changes were most pronounced in 2024 — EBITDA plunged 22127.21% — and 2025, when it jumped 11664.97%.
  • Tracing CSIQ's EBITDA over 5 years: stood at $67.4 million in 2021, then soared by 101.35% to $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.
  • Business Quant data shows CSIQ's EBITDA at -$64.1 million in Q4 2025, $34.6 million in Q3 2025, and $127.4 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 345.30 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 153.59 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn -29.64 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -55.04 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn -43.51 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 9.92 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 9.51 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn -84.91 Mn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn -2.41 Mn
10 Canadian Solar 41,875.00 578.43 Mn 124.40 Mn -64.06 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 26.38 Mn
Mar 31, 2021 43.48 Mn