Canadian Solar (CSIQ) EBITDA Margin (2009 - 2025)
Canadian Solar (CSIQ) recorded quarterly EBITDA Margin of 5.26% in Q4 2025, down 326.32% on a QoQ basis from 2.33% in Q3 2025, and up 309.0% year-over-year from 1.29% in Q4 2024.
Canadian Solar (CSIQ) EBITDA Margin (2009 - 2025) Analysis & Trends
Canadian Solar has disclosed EBITDA Margin across 17 years of filings, most recently posting 5.26% for Q4 2025.
- Quarterly EBITDA Margin rose 309.0% year-over-year to 5.26% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 0.77% (up 127.0% YoY) and the FY2025 annual result came in at 0.63%, down 13.0% from the prior year.
- EBITDA Margin declined to 5.26% in Q4 2025, from 2.33% in the prior quarter.
- Over five years, EBITDA Margin peaked at 9.48% in Q2 2023 and troughed at 8.35% in Q4 2024.
- A 5-year average of 2.66% and a median of 3.84% in 2021 frame the typical range for EBITDA Margin.
- Annual changes were most pronounced in 2021 — EBITDA Margin plunged 975 bps — and 2023, when it soared 732 bps.
- Tracing CSIQ's EBITDA Margin over 5 years: stood at 4.41% in 2021, then soared by 56 bps to 6.89% in 2022, then slumped by 100 bps to 0.03% in 2023, then plunged by 24745 bps to 8.35% in 2024, then soared by 37 bps to 5.26% in 2025.
- Business Quant data shows CSIQ's EBITDA Margin at 5.26% in Q4 2025, 2.33% in Q3 2025, and 7.52% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 33.07% |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 17.44% |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | -10.48% |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | -17.73% |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | -6.02% |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 7.06% |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 4.26% |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | -4.78% |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | -9.56% |
| 10 | Canadian Solar | 41,875.00 | 578.43 Mn | 124.40 Mn | -5.26% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -5.26% |
| Sep 30, 2025 | 2.33% |
| Jun 30, 2025 | 7.52% |
| Mar 31, 2025 | -4.58% |
| Dec 31, 2024 | -8.35% |
| Sep 30, 2024 | 0.02% |
| Jun 30, 2024 | 2.91% |
| Mar 31, 2024 | 3.69% |
| Dec 31, 2023 | 0.03% |
| Sep 30, 2023 | 4.50% |
| Jun 30, 2023 | 9.48% |
| Mar 31, 2023 | 8.56% |
| Dec 31, 2022 | 6.89% |
| Sep 30, 2022 | 4.59% |
| Jun 30, 2022 | 5.02% |
| Mar 31, 2022 | 1.24% |
| Dec 31, 2021 | 4.41% |
| Sep 30, 2021 | 4.32% |
| Jun 30, 2021 | 1.85% |
| Mar 31, 2021 | 3.99% |