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

Canadian Solar (CSIQ) posted quarterly 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% on a QoQ basis from -$30.1 million in Q3 2025.

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

Canadian Solar (CSIQ) has reported Income from Non-Controlling Interests for 17 consecutive years, with -$44.5 million the latest figure, recorded in 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 per CSIQ's latest filing, from -$30.1 million in the prior quarter.
  • Over the last five years, Income from Non-Controlling Interests for CSIQ reached as high as $40.6 million in Q3 2023 and fell as low as -$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 surged 16147.62% — and 2024, when it slumped 9235.28%.
  • Year by year, Income from Non-Controlling Interests 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 22.08 Bn 19.65 Bn 486.13 Mn -
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn -
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn -
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn 65.15 Mn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn -
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn -464.98 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn -
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn -44.46 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn -
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn -

Historic Data

Download Data
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