Canadian Solar (CSIQ) Income from Non-Controlling Interests (2009 - 2025)
Canadian Solar (CSIQ) recorded quarterly Income from Non-Controlling Interests of -$44.5 million in Q4 2025, down 47.89% on a QoQ basis from -$30.1 million in Q3 2025, and up 73.74% year-over-year from -$25.6 million in Q4 2024.
Canadian Solar (CSIQ) Income from Non-Controlling Interests (2009 - 2025) Analysis & Trends
Canadian Solar has disclosed Income from Non-Controlling Interests across 17 years of filings, most recently posting -$44.5 million for Q4 2025.
- Quarterly Income from Non-Controlling Interests rose 73.74% year-over-year to -$44.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$79.6 million (up 30.09% YoY) and the FY2025 annual result came in at $122.6 million, up 207.6% from the prior year.
- Income from Non-Controlling Interests retreated to -$44.5 million in Q4 2025, from -$30.1 million in the prior quarter.
- Over five years, Income from Non-Controlling Interests peaked at $40.6 million in Q3 2023 and troughed 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.
- Annual changes were most pronounced in 2021 — Income from Non-Controlling Interests jumped 16147.62% — and 2024, when it tumbled 9235.28%.
- Tracing CSIQ's Income from Non-Controlling Interests over 5 years: stood at $13.6 million in 2021, then jumped by 53.8% to $21.0 million in 2022, then slumped by 108.64% to -$1.8 million in 2023, then slumped by 9235.28% to -$169.3 million in 2024, then jumped by 73.74% to -$44.5 million in 2025.
- Business Quant data shows CSIQ's Income from Non-Controlling Interests at -$44.5 million in Q4 2025, -$30.1 million in Q3 2025, and $37.6 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inc. Minority (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | - |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | - |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | - |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | -464.98 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | - |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | - |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | 65.15 Mn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | - |
| 10 | Canadian Solar | 41,875.00 | 578.43 Mn | 124.40 Mn | -44.46 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |