Canadian Solar (CSIQ) FCF Margin (2012 - 2026)
Canadian Solar's (CSIQ) quarterly FCF Margin came in at 0.74% in Q2 2026, down 2207.0% on a YoY basis from 0.04% in Q2 2025, and up 77.54% quarter-over-quarter from 3.29% in Q1 2026.
Analysis
Canadian Solar (CSIQ) FCF Margin (2012 - 2026) Analysis & Trends
Canadian Solar (CSIQ) has reported FCF Margin for 9 consecutive years, with 0.74% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, FCF Margin fell 2207.0% year-over-year to 0.74%; the trailing twelve-month figure through Jun 2026 stood at 6.25% (down 455.0% YoY), and the FY2025 full-year result was 12.68%, up 888.0% from the prior year.
- FCF Margin improved to 0.74% in Q2 2026 per CSIQ's latest filing, from 3.29% in the prior quarter.
- Across five years, FCF Margin topped out at 33.45% in Q4 2022 and bottomed at 3.29% in Q1 2026.
- Historically, FCF Margin has averaged 12.66% across 5 years, with a median of 16.47% in 2023.
- The sharpest annual moves came in 2024 and 2025: FCF Margin tumbled 2661 bps in 2024, then jumped 2372 bps in 2025.
- Over 5 years, FCF Margin stood at 33.45% in 2022, then fell by 15 bps to 28.5% in 2023, then tumbled by 36 bps to 18.31% in 2024, then slipped by 10 bps to 16.54% in 2025, then plunged by 104 bps to 0.74% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 0.74%, 3.29%, and 16.54% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | -24.16% |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | 11.25% |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | 8.88% |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | 3.30% |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | -52.45% |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | -0.13% |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | -0.74% |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | 33.22% |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | - |
| 10 | Toyo | 131.54 Mn | 21.49 Mn | 36.97 Mn | 43.31% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.74% |
| Mar 31, 2026 | -3.29% |
| Dec 31, 2025 | 16.54% |
| Sep 30, 2025 | 10.40% |
| Jun 30, 2025 | 21.33% |
| Mar 31, 2025 | -0.65% |
| Dec 31, 2024 | 18.31% |
| Sep 30, 2024 | 0.48% |
| Jun 30, 2024 | -2.39% |
| Mar 31, 2024 | -1.61% |
| Dec 31, 2023 | 28.50% |
| Sep 30, 2023 | 25.09% |
| Jun 30, 2023 | 24.22% |
| Mar 31, 2023 | 16.47% |
| Dec 31, 2022 | 33.45% |
| Sep 30, 2022 | 10.14% |
| Jun 30, 2022 | 19.05% |
| Dec 31, 2015 | -10.49% |
| Dec 31, 2014 | 8.01% |
| Dec 31, 2013 | -25.80% |