Canadian Solar (CSIQ) Gross Margin (2009 - 2026)
Canadian Solar's (CSIQ) quarterly Gross Margin came in at 13.95% in Q2 2026, down 1587.0% on a YoY basis from 0.94% in Q2 2025, and down 44.48% quarter-over-quarter from 25.13% in Q1 2026.
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Canadian Solar (CSIQ) Gross Margin (2009 - 2026) Analysis & Trends
Canadian Solar (CSIQ) has reported Gross Margin for 18 consecutive years, with 13.95% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin fell 1587.0% year-over-year to 13.95%; the trailing twelve-month figure through Jun 2026 stood at 16.43% (down 232.0% YoY), and the FY2025 full-year result was 18.34%, up 167.0% from the prior year.
- Gross Margin declined to 13.95% in Q2 2026 per CSIQ's latest filing, from 25.13% in the prior quarter.
- Across five years, Gross Margin topped out at 29.82% in Q2 2025 and bottomed at 10.22% in Q4 2025.
- Historically, Gross Margin has averaged 17.14% across 5 years, with a median of 16.96% in 2023.
- The widest YoY moves for Gross Margin: up 1338 bps in 2026, down 1587 bps in 2026.
- Over 5 years, Gross Margin stood at 17.68% in 2022, then slipped by 29 bps to 12.54% in 2023, then increased by 14 bps to 14.27% in 2024, then fell by 28 bps to 10.22% in 2025, then soared by 36 bps to 13.95% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 13.95%, 25.13%, and 10.22% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 21.97 Bn | 20.25 Bn | 605.00 Mn | 57.28% |
| 2 | Nextpower | 12.81 Bn | 11.60 Bn | 335.85 Mn | 35.91% |
| 3 | Enphase Energy | 4.81 Bn | 3.87 Bn | 175.01 Mn | 59.97% |
| 4 | Solaredge Technologies | 2.10 Bn | 1.52 Bn | 95.15 Mn | 27.48% |
| 5 | T1 Energy | 1.29 Bn | 1.14 Bn | 49.10 Mn | 19.63% |
| 6 | Shoals Technologies | 1.20 Bn | 1.18 Bn | 49.53 Mn | 30.31% |
| 7 | Canadian Solar | 896.45 Mn | 597.20 Mn | 168.48 Mn | 13.95% |
| 8 | Array Technologies | 708.44 Mn | 401.13 Mn | 99.60 Mn | 29.12% |
| 9 | JinkoSolar Holding | 627.24 Mn | -480.04 Mn | 75.62 Mn | 4.15% |
| 10 | Toyo | 133.94 Mn | 23.90 Mn | 36.97 Mn | 31.28% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.95% |
| Mar 31, 2026 | 25.13% |
| Dec 31, 2025 | 10.22% |
| Sep 30, 2025 | 17.23% |
| Jun 30, 2025 | 29.82% |
| Mar 31, 2025 | 11.74% |
| Dec 31, 2024 | 14.27% |
| Sep 30, 2024 | 16.41% |
| Jun 30, 2024 | 17.25% |
| Mar 31, 2024 | 19.02% |
| Dec 31, 2023 | 12.54% |
| Sep 30, 2023 | 16.68% |
| Jun 30, 2023 | 18.64% |
| Mar 31, 2023 | 18.69% |
| Dec 31, 2022 | 17.68% |
| Sep 30, 2022 | 18.76% |
| Jun 30, 2022 | 16.03% |
| Mar 31, 2022 | 14.47% |
| Dec 31, 2021 | 19.71% |
| Sep 30, 2021 | 18.60% |