Canadian Solar (CSIQ) EBT (2009 - 2025)
Canadian Solar (CSIQ) recorded quarterly EBT of -$15.6 million in Q4 2025, down 116.58% on a QoQ basis from $94.1 million in Q3 2025, and up 82.99% year-over-year from -$8.5 million in Q4 2024.
Canadian Solar (CSIQ) EBT (2009 - 2025) Analysis & Trends
Canadian Solar has disclosed EBT across 17 years of filings, most recently posting -$15.6 million for Q4 2025.
- Quarterly EBT rose 82.99% year-over-year to -$15.6 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$21.9 million (down 2.57% YoY) and the FY2025 annual result came in at -$140.7 million, down 71.0% from the prior year.
- EBT declined to -$15.6 million in Q4 2025, from $94.1 million in the prior quarter.
- Over five years, EBT peaked at $238.8 million in Q2 2023 and troughed at -$91.7 million in Q4 2024.
- A 5-year average of $68.1 million and a median of $62.9 million in 2021 frame the typical range for EBT.
- Annual changes were most pronounced in 2023 — EBT surged 6232.49% — and 2024, when it tumbled 509.15%.
- Tracing CSIQ's EBT over 5 years: stood at $64.5 million in 2021, then surged by 73.73% to $112.0 million in 2022, then sank by 113.44% to -$15.1 million in 2023, then slumped by 509.15% to -$91.7 million in 2024, then jumped by 82.99% to -$15.6 million in 2025.
- Business Quant data shows CSIQ's EBT at -$15.6 million in Q4 2025, $94.1 million in Q3 2025, and $182.2 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 354.33 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 159.64 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | -13.90 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | -56.08 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | -290.27 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | -386,000.00 |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 4.13 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | -174.72 Mn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | -1.91 Mn |
| 10 | Canadian Solar | 41,875.00 | 578.43 Mn | 124.40 Mn | -15.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -15.60 Mn |
| Sep 30, 2025 | 94.08 Mn |
| Jun 30, 2025 | 182.16 Mn |
| Mar 31, 2025 | -2.22 Mn |
| Dec 31, 2024 | -91.70 Mn |
| Sep 30, 2024 | 96.65 Mn |
| Jun 30, 2024 | 40.48 Mn |
| Mar 31, 2024 | 44.90 Mn |
| Dec 31, 2023 | -15.05 Mn |
| Sep 30, 2023 | 56.51 Mn |
| Jun 30, 2023 | 238.84 Mn |
| Mar 31, 2023 | 128.23 Mn |
| Dec 31, 2022 | 112.02 Mn |
| Sep 30, 2022 | 128.35 Mn |
| Jun 30, 2022 | 114.07 Mn |
| Mar 31, 2022 | 2.03 Mn |
| Dec 31, 2021 | 64.48 Mn |
| Sep 30, 2021 | 74.58 Mn |
| Jun 30, 2021 | 47.26 Mn |
| Mar 31, 2021 | 61.40 Mn |