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

Canadian Solar (CSIQ) has reported Gross Margin for 17 consecutive years, with 10.22% the latest figure, recorded in 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 per CSIQ's latest filing, from 17.23% in the prior quarter.
• Over the last five years, Gross Margin for CSIQ reached as high as 29.82% in Q2 2025 and fell as low as 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 plunged 917 bps — and 2025, when it surged 1257 bps.
• Year by year, Gross Margin stood at 19.71% in 2021, then retreated by 10 bps to 17.68% in 2022, then dropped by 29 bps to 12.54% in 2023, then rose by 14 bps to 14.27% in 2024, then retreated by 28 bps to 10.22% in 2025.
• According to Business Quant data, Gross Margin over the past three periods registered 10.22%, 17.23%, and 29.82% for Q4 2025, Q3 2025, and Q2 2025 respectively.