Canadian Solar (CSIQ) Exchange Rate Effect (2012 - 2026)
Canadian Solar's (CSIQ) quarterly Exchange Rate Effect came in at -$45.3 million in Q2 2026, down 338.75% on a YoY basis from $19.0 million in Q2 2025, and up 14.99% quarter-over-quarter from -$53.3 million in Q1 2026.
Analysis
Canadian Solar (CSIQ) Exchange Rate Effect (2012 - 2026) Analysis & Trends
Canadian Solar (CSIQ) has reported Exchange Rate Effect for 9 consecutive years, with -$45.3 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Exchange Rate Effect fell 338.75% year-over-year to -$45.3 million; the trailing twelve-month figure through Jun 2026 stood at $8.7 million (up 113.53% YoY), and the FY2025 full-year result was $85.1 million, up 155.07% from the prior year.
- Exchange Rate Effect rose to -$45.3 million in Q2 2026 per CSIQ's latest filing, from -$53.3 million in the prior quarter.
- Across five years, Exchange Rate Effect topped out at $102.3 million in Q4 2025 and bottomed at -$133.8 million in Q4 2024.
- Historically, Exchange Rate Effect has averaged -$23.5 million across 5 years, with a median of -$41.2 million in 2025.
- The widest YoY moves for Exchange Rate Effect: up 406.65% in 2024, down 465.96% in 2024.
- Over 5 years, Exchange Rate Effect stood at $63.9 million in 2022, then slumped by 42.77% to $36.6 million in 2023, then slumped by 465.96% to -$133.8 million in 2024, then surged by 176.44% to $102.3 million in 2025, then plunged by 144.32% to -$45.3 million in 2026.
- According to Business Quant data, Exchange Rate Effect over the past three periods registered -$45.3 million, -$53.3 million, and $102.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | 5.86 Mn |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | -620,000.00 |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | 6.43 Mn |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | -117,000.00 |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | - |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | -45.33 Mn |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | 1.18 Mn |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | - |
| 10 | Toyo | 131.54 Mn | 21.49 Mn | 36.97 Mn | -583,641.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -45.33 Mn |
| Mar 31, 2026 | -53.32 Mn |
| Dec 31, 2025 | 102.27 Mn |
| Sep 30, 2025 | 5.04 Mn |
| Jun 30, 2025 | 18.99 Mn |
| Mar 31, 2025 | -41.15 Mn |
| Dec 31, 2024 | -133.80 Mn |
| Sep 30, 2024 | 91.93 Mn |
| Jun 30, 2024 | -61.48 Mn |
| Mar 31, 2024 | -51.25 Mn |
| Dec 31, 2023 | 36.56 Mn |
| Sep 30, 2023 | -29.98 Mn |
| Jun 30, 2023 | -128.77 Mn |
| Mar 31, 2023 | 33.09 Mn |
| Dec 31, 2022 | 63.88 Mn |
| Sep 30, 2022 | -111.15 Mn |
| Jun 30, 2022 | -95.45 Mn |
| Dec 31, 2015 | -11.12 Mn |
| Dec 31, 2014 | 3.12 Mn |
| Dec 31, 2013 | 5.24 Mn |