Canadian Solar (CSIQ) EBITDA (2009 - 2025)
Canadian Solar (CSIQ) reported EBITDA of -$64.1 million for Q4 2025, up 49.6% year-on-year from -$42.8 million in Q4 2024, and down 285.21% quarter-over-quarter from $34.6 million in Q3 2025.
Canadian Solar (CSIQ) has 17 years of EBITDA data on file, last reported at -$64.1 million in Q4 2025.
- For the quarter ending Q4 2025, EBITDA rose 49.6% year-over-year to -$64.1 million; the trailing twelve-month figure through Dec 2025 stood at $43.2 million (up 243.47% YoY), and the FY2025 full-year result was -$35.2 million, down 16.97% from the prior year.
- EBITDA for Q4 2025 stood at -$64.1 million, down from $34.6 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.
- A 5-year average of $50.6 million and a median of $48.4 million in 2024 frame the typical range for EBITDA.
- Across the five-year window, EBITDA slumped 22127.21% in 2024 and jumped 11664.97% in 2025, its largest moves.
- Tracing CSIQ's EBITDA over 5 years: stood at $67.4 million in 2021, then jumped by 101.35% to $135.8 million in 2022, then plunged by 99.57% to $577000.0 in 2023, then slumped by 22127.21% to -$127.1 million in 2024, then surged by 49.6% to -$64.1 million in 2025.
- According to Business Quant data, EBITDA over the past three periods registered -$64.1 million, $34.6 million, and $127.4 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 345.30 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 153.59 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | -64.06 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | -29.64 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | -55.04 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | -43.51 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 9.92 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 9.51 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | -84.91 Mn |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | -2.41 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2020 | 2.48 Mn |
| Sep 30, 2020 | 59.05 Mn |
| Jun 30, 2020 | 45.47 Mn |
| Mar 31, 2020 | 113.44 Mn |
| Dec 31, 2019 | 111.43 Mn |
| Sep 30, 2019 | 80.11 Mn |
| Jun 30, 2019 | 60.74 Mn |
| Mar 31, 2019 | 6.61 Mn |
| Dec 31, 2018 | 136.56 Mn |
| Sep 30, 2018 | 97.65 Mn |
| Jun 30, 2018 | -44.18 Mn |
| Mar 31, 2018 | 72.20 Mn |
| Dec 31, 2017 | 66.47 Mn |
| Sep 30, 2017 | 36.28 Mn |
| Jun 30, 2017 | 40.58 Mn |
| Mar 31, 2017 | -3.13 Mn |
| Dec 31, 2016 | -41.81 Mn |
| Sep 30, 2016 | 5.72 Mn |
| Jun 30, 2016 | 23.94 Mn |
| Mar 31, 2016 | 48.10 Mn |
| Dec 31, 2015 | 55.58 Mn |
| Sep 30, 2015 | -20.35 Mn |
| Jun 30, 2015 | 39.58 Mn |
| Mar 31, 2015 | 24.90 Mn |
| Dec 31, 2014 | 64.90 Mn |
| Sep 30, 2014 | 91.47 Mn |
| Jun 30, 2014 | 62.99 Mn |
| Mar 31, 2014 | -7.91 Mn |
| Dec 31, 2013 | 20.64 Mn |
| Sep 30, 2013 | 38.72 Mn |
| Jun 30, 2013 | 6.02 Mn |
| Mar 31, 2013 | 5.90 Mn |
| Dec 31, 2012 | -102.28 Mn |
| Sep 30, 2012 | 40.57 Mn |
| Jun 30, 2012 | 30.52 Mn |
| Mar 31, 2012 | 13.46 Mn |
| Dec 31, 2011 | 51.89 Mn |
| Sep 30, 2011 | 43.97 Mn |
| Jun 30, 2011 | 25.01 Mn |
| Mar 31, 2011 | 34.04 Mn |
| Dec 31, 2010 | 42.10 Mn |
| Sep 3, 2010 | 38.23 Mn |
| Jun 30, 2010 | 17.02 Mn |
| Mar 31, 2010 | 21.21 Mn |
| Dec 31, 2009 | -15.52 Mn |
| Sep 30, 2009 | 19.88 Mn |
| Jun 30, 2009 | 12.91 Mn |
| Mar 31, 2009 | -10.76 Mn |