Canadian Solar (CSIQ) FCF Margin (2012 - 2026)
Canadian Solar (CSIQ) recorded FCF Margin of -0.74% in Q2 2026, down 22.07 percentage points from 21.33% a year earlier but up 2.55 percentage points from the prior quarter.
Powered by 
Analysis
Canadian Solar (CSIQ) FCF Margin (2012 - 2026) Analysis & Trends
On a TTM basis, Canadian Solar's FCF Margin came in at 6.25% as of Jun 30, 2026, down 4.55 percentage points year-over-year; for FY2025, it was 12.68%, up 8.88 percentage points from FY2024.
- Annual FCF Margin has a five-year change of +6.52 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at 3.80% in FY2024 (-19.86 pp), 23.66% in FY2023 (+2.99 pp), 20.67% in FY2022 (+20.28 pp) and 0.39% in FY2021 (-5.77 pp).
- Quarterly FCF Margin has ranged from -3.29% in Q1 2026 to 33.45% in Q4 2022 over the past five years.
- On a year-over-year basis, FCF Margin has declined for three consecutive quarters, with an average year-over-year change of -3.33 percentage points over the last eight quarters.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 23.72 percentage points in Q2 2025, against a drop of 26.61 percentage points in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at -3.29% (Q1 2026), 16.54% (Q4 2025) and 10.40% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 45.98% |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 16.41% |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | -28.99% |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 12.75% |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 5.36% |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 11.25% |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 23.27% |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 8.88% |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 18.03% |
| 10 | Canadian Solar | 781.17 Mn | -5.03 Bn | 168.48 Mn | -0.74% |
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 | 29.48% |
| Dec 31, 2013 | 0.15% |
API Access
Canadian Solar FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=CSIQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "CSIQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=CSIQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();