Canadian Solar (CSIQ) EBT Margin (2009 - 2025)
Canadian Solar (CSIQ) posted quarterly EBT Margin of 9.74% for Q4 2025, down 6.0% year-on-year from 10.36% in Q4 2024, and down 1801.73% on a QoQ basis from 0.51% in Q3 2025.
Canadian Solar (CSIQ) EBT Margin (2009 - 2025) Analysis & Trends
Canadian Solar (CSIQ) has reported EBT Margin for 17 consecutive years, with 9.74% the latest figure, recorded in Q4 2025.
- Quarterly EBT Margin fell 6.0% year-over-year to 9.74% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 2.52% (down 114.0% YoY) and the FY2025 annual result came in at 2.52%, down 114.0% from the prior year.
- EBT Margin retreated to 9.74% in Q4 2025 per CSIQ's latest filing, from 0.51% in the prior quarter.
- Over the last five years, EBT Margin for CSIQ reached as high as 10.1% in Q2 2023 and fell as low as 9.74% in Q4 2025.
- A 5-year average of 1.45% and a median of 2.52% in 2024 frame the typical range for EBT Margin.
- Annual changes were most pronounced in 2023 — EBT Margin soared 738 bps — and 2025, when it tumbled 1138 bps.
- Year by year, EBT Margin stood at 4.22% in 2021, then soared by 35 bps to 5.68% in 2022, then slumped by 116 bps to 0.88% in 2023, then sank by 994 bps to 9.68% in 2024, then slipped by 1 bps to 9.74% in 2025.
- According to Business Quant data, EBT Margin over the past three periods registered 9.74%, 0.51%, and 4.79% for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 33.93% |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 18.13% |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | -4.91% |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | -9.84% |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | -18.06% |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | -40.19% |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | -0.27% |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | -9.74% |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 1.85% |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | 23.78% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -9.74% |
| Sep 30, 2025 | -0.51% |
| Jun 30, 2025 | 4.79% |
| Mar 31, 2025 | -8.00% |
| Dec 31, 2024 | -9.68% |
| Sep 30, 2024 | -1.36% |
| Jun 30, 2024 | 2.48% |
| Mar 31, 2024 | 3.38% |
| Dec 31, 2023 | -0.88% |
| Sep 30, 2023 | 3.06% |
| Jun 30, 2023 | 10.10% |
| Mar 31, 2023 | 7.54% |
| Dec 31, 2022 | 5.68% |
| Sep 30, 2022 | 6.64% |
| Jun 30, 2022 | 4.93% |
| Mar 31, 2022 | 0.16% |
| Dec 31, 2021 | 4.22% |
| Sep 30, 2021 | 2.56% |
| Jun 30, 2021 | 1.14% |
| Mar 31, 2021 | 2.41% |