Canadian Solar (CSIQ) Gross Margin (2009 - 2025)

Canadian Solar has disclosed Gross Margin across 17 years of filings, most recently posting 10.22% for Q4 2025.

• Quarterly Gross Margin fell 405.0% year-over-year to 10.22% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 18.34% (up 167.0% YoY) and the FY2025 annual result came in at 18.34%, up 167.0% from the prior year.
• Gross Margin retreated to 10.22% in Q4 2025, from 17.23% in the prior quarter.
• Over five years, Gross Margin peaked at 29.82% in Q2 2025 and troughed at 10.22% in Q4 2025.
• A 5-year average of 16.93% and a median of 17.24% in 2024 frame the typical range for Gross Margin.
• Annual changes were most pronounced in 2021 — Gross Margin sank 917 bps — and 2025, when it jumped 1257 bps.
• Tracing CSIQ's Gross Margin over 5 years: stood at 19.71% in 2021, then fell by 10 bps to 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.
• Business Quant data shows CSIQ's Gross Margin at 10.22% in Q4 2025, 17.23% in Q3 2025, and 29.82% in Q2 2025.