Canadian Solar (CSIQ) EBT (2009 - 2025)
Canadian Solar (CSIQ) posted quarterly EBT of -$118.5 million for Q4 2025, up 19.5% year-on-year from -$99.2 million in Q4 2024, and down 1456.28% on a QoQ basis from -$7.6 million in Q3 2025.
Canadian Solar (CSIQ) EBT (2009 - 2025) Analysis & Trends
Canadian Solar (CSIQ) has reported EBT for 17 consecutive years, with -$118.5 million the latest figure, recorded in Q4 2025.
- Quarterly EBT rose 19.5% year-over-year to -$118.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$140.7 million (down 71.0% YoY) and the FY2025 annual result came in at -$140.7 million, down 71.0% from the prior year.
- EBT fell to -$118.5 million in Q4 2025 per CSIQ's latest filing, from -$7.6 million in the prior quarter.
- Over the last five years, EBT for CSIQ reached as high as $238.8 million in Q2 2023 and fell as low as -$147.2 million in Q4 2024.
- A 5-year average of $34.0 million and a median of $36.0 million in 2021 frame the typical range for EBT.
- Annual changes were most pronounced in 2023 — EBT soared 6232.49% — and 2024, when it tumbled 878.02%.
- Year by year, EBT stood at $64.5 million in 2021, then soared by 73.73% to $112.0 million in 2022, then plunged by 113.44% to -$15.1 million in 2023, then slumped by 878.02% to -$147.2 million in 2024, then grew by 19.5% to -$118.5 million in 2025.
- According to Business Quant data, EBT over the past three periods registered -$118.5 million, -$7.6 million, and $81.1 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 354.33 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 159.64 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | -13.90 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | -174.72 Mn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | -56.08 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | -290.27 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | -386,000.00 |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | -118.53 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 4.13 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | 33.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -118.53 Mn |
| Sep 30, 2025 | -7.62 Mn |
| Jun 30, 2025 | 81.13 Mn |
| Mar 31, 2025 | -95.73 Mn |
| Dec 31, 2024 | -147.23 Mn |
| Sep 30, 2024 | -20.45 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 | 31.43 Mn |
| Jun 30, 2021 | 16.31 Mn |
| Mar 31, 2021 | 26.25 Mn |