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Growth Metrics

Canadian Solar (CSIQ) Income from Non-Controlling Interests (2009 - 2025)

Canadian Solar (CSIQ) reported Income from Non-Controlling Interests of -$44.5 million for Q4 2025, up 73.74% year-on-year from -$25.6 million in Q4 2024, and down 47.89% quarter-over-quarter from -$30.1 million in Q3 2025.

Canadian Solar (CSIQ) has 17 years of Income from Non-Controlling Interests data on file, last reported at -$44.5 million in Q4 2025.

  • For the quarter ending Q4 2025, Income from Non-Controlling Interests rose 73.74% year-over-year to -$44.5 million; the trailing twelve-month figure through Dec 2025 stood at -$79.6 million (up 30.09% YoY), and the FY2025 full-year result was $122.6 million, up 207.6% from the prior year.
  • Income from Non-Controlling Interests for Q4 2025 stood at -$44.5 million, down from -$30.1 million in the prior quarter.
  • Across five years, Income from Non-Controlling Interests topped out at $40.6 million in Q3 2023 and bottomed at -$169.3 million in Q4 2024.
  • A 5-year average of -$1.5 million and a median of $10.8 million in 2021 frame the typical range for Income from Non-Controlling Interests.
  • Across the five-year window, Income from Non-Controlling Interests jumped 16147.62% in 2021 and sank 9235.28% in 2024, its largest moves.
  • Tracing CSIQ's Income from Non-Controlling Interests over 5 years: stood at $13.6 million in 2021, then surged by 53.8% to $21.0 million in 2022, then sank by 108.64% to -$1.8 million in 2023, then sank by 9235.28% to -$169.3 million in 2024, then surged by 73.74% to -$44.5 million in 2025.
  • According to Business Quant data, Income from Non-Controlling Interests over the past three periods registered -$44.5 million, -$30.1 million, and $37.6 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inc. Minority (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn -
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn -
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn -44.46 Mn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn -
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn -
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn -464.98 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn -
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn -
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 65.15 Mn
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn -

Historic Data

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DateValue
Dec 31, 2025 -44.46 Mn
Sep 30, 2025 -30.06 Mn
Jun 30, 2025 37.57 Mn
Mar 31, 2025 -42.68 Mn
Dec 31, 2024 -169.34 Mn
Sep 30, 2024 7.96 Mn
Jun 30, 2024 23.60 Mn
Mar 31, 2024 23.87 Mn
Dec 31, 2023 -1.81 Mn
Sep 30, 2023 40.58 Mn
Jun 30, 2023 27.57 Mn
Mar 31, 2023 23.12 Mn
Dec 31, 2022 20.99 Mn
Sep 30, 2022 23.78 Mn
Jun 30, 2022 14.09 Mn
Mar 31, 2022 -273,000.00
Dec 31, 2021 13.65 Mn
Sep 30, 2021 2.88 Mn
Jun 30, 2021 7.28 Mn
Mar 31, 2021 -9.18 Mn
Dec 31, 2020 84,000.00
Sep 30, 2020 34,000.00
Jun 30, 2020 -191,000.00
Mar 31, 2020 616,000.00
Dec 31, 2019 191,000.00
Sep 30, 2019 -3.11 Mn
Jun 30, 2019 -2.43 Mn
Mar 31, 2019 309,000.00
Dec 31, 2018 2.52 Mn
Sep 30, 2018 1.93 Mn
Jun 30, 2018 404,000.00
Mar 31, 2018 509,000.00
Dec 31, 2017 1.38 Mn
Sep 30, 2017 299,000.00
Jun 30, 2017 2.14 Mn
Mar 31, 2017 -408,000.00
Dec 31, 2016 -448,000.00
Sep 30, 2016 -429,000.00
Jun 30, 2016 -302,000.00
Mar 31, 2016 1.21 Mn
Dec 31, 2015 31,000.00
Sep 30, 2015 271,000.00
Jun 30, 2015 707,000.00
Mar 31, 2015 447,000.00
Dec 31, 2014 436,000.00
Sep 30, 2014 4.32 Mn
Jun 30, 2014 -661,000.00
Mar 31, 2014 289,000.00
Dec 31, 2013 3.11 Mn
Sep 30, 2013 5.66 Mn
Jun 30, 2013 4.68 Mn
Mar 31, 2013 459,000.00
Dec 31, 2012 120,000.00
Sep 30, 2012 315,000.00
Jun 30, 2012 -69,000.00
Mar 31, 2012 -52,000.00
Dec 31, 2011 306,000.00
Sep 30, 2011 348,000.00
Jun 30, 2011 115,000.00
Mar 31, 2011 58,000.00
Dec 31, 2010 248,477.00
Sep 3, 2010 -214,000.00
Jun 30, 2010 -101,000.00
Mar 31, 2010 -113,000.00
Dec 31, 2009 157,000.00
Sep 30, 2009 -25,000.00