Canadian Solar (CSIQ) Interest Expenses (2012 - 2025)
Canadian Solar (CSIQ) reported Interest Expenses of -$48.5 million for Q4 2025, down 36.91% year-on-year from -$76.8 million in Q4 2024, and down 9.11% quarter-over-quarter from -$44.4 million in Q3 2025.
Canadian Solar (CSIQ) has 14 years of Interest Expenses data on file, last reported at -$48.5 million in Q4 2025.
- For the quarter ending Q4 2025, Interest Expenses fell 36.91% year-over-year to -$48.5 million; the trailing twelve-month figure through Dec 2025 stood at -$178.2 million (down 29.61% YoY), and the FY2025 full-year result was $178.2 million, up 29.61% from the prior year.
- Interest Expenses for Q4 2025 stood at -$48.5 million, down from -$44.4 million in the prior quarter.
- Across five years, Interest Expenses topped out at -$13.2 million in Q3 2021 and bottomed at -$48.5 million in Q4 2025.
- A 5-year average of -$28.1 million and a median of -$30.2 million in 2023 frame the typical range for Interest Expenses.
- Across the five-year window, Interest Expenses increased 26.59% in 2021 and plunged 70.52% in 2024, its largest moves.
- Tracing CSIQ's Interest Expenses over 5 years: stood at -$15.5 million in 2021, then plunged by 30.02% to -$20.2 million in 2022, then tumbled by 64.63% to -$33.2 million in 2023, then decreased by 6.46% to -$35.4 million in 2024, then tumbled by 36.91% to -$48.5 million in 2025.
- According to Business Quant data, Interest Expenses over the past three periods registered -$48.5 million, -$44.4 million, and -$44.8 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 7.62 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | - |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | -48.46 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 633,000.00 |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | - |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | - |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 2.90 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 5.56 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | - |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | 1,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -48.46 Mn |
| Dec 31, 2025 | -48.46 Mn |
| Sep 30, 2025 | -44.41 Mn |
| Sep 30, 2025 | -44.41 Mn |
| Jun 30, 2025 | -44.81 Mn |
| Jun 30, 2025 | -44.81 Mn |
| Mar 31, 2025 | -40.49 Mn |
| Mar 31, 2025 | -40.49 Mn |
| Dec 31, 2024 | -35.40 Mn |
| Dec 31, 2024 | -35.40 Mn |
| Sep 30, 2024 | -34.18 Mn |
| Sep 30, 2024 | -34.18 Mn |
| Jun 30, 2024 | -33.02 Mn |
| Jun 30, 2024 | -33.02 Mn |
| Mar 31, 2024 | -34.87 Mn |
| Mar 31, 2024 | -34.87 Mn |
| Dec 31, 2023 | -33.25 Mn |
| Dec 31, 2023 | -33.25 Mn |
| Sep 30, 2023 | -29.95 Mn |
| Sep 30, 2023 | -29.95 Mn |
| Jun 30, 2023 | -30.46 Mn |
| Jun 30, 2023 | -30.46 Mn |
| Mar 31, 2023 | -20.45 Mn |
| Mar 31, 2023 | -20.45 Mn |
| Dec 31, 2022 | -20.20 Mn |
| Dec 31, 2022 | -20.20 Mn |
| Sep 30, 2022 | -19.06 Mn |
| Sep 30, 2022 | -19.06 Mn |
| Jun 30, 2022 | -19.71 Mn |
| Jun 30, 2022 | -19.71 Mn |
| Mar 31, 2022 | -15.30 Mn |
| Mar 31, 2022 | -15.30 Mn |
| Dec 31, 2021 | -15.53 Mn |
| Dec 31, 2021 | -15.53 Mn |
| Sep 30, 2021 | -13.15 Mn |
| Sep 30, 2021 | -13.15 Mn |
| Jun 30, 2021 | -14.80 Mn |
| Jun 30, 2021 | -14.80 Mn |
| Mar 31, 2021 | -14.67 Mn |
| Mar 31, 2021 | -14.67 Mn |
| Dec 31, 2020 | -17.98 Mn |
| Dec 31, 2020 | -17.98 Mn |
| Sep 30, 2020 | -17.92 Mn |
| Sep 30, 2020 | -17.92 Mn |
| Jun 30, 2020 | -16.96 Mn |
| Jun 30, 2020 | -16.96 Mn |
| Mar 31, 2020 | -19.01 Mn |
| Mar 31, 2020 | -19.01 Mn |
| Dec 31, 2019 | 19.73 Mn |
| Dec 31, 2019 | 19.73 Mn |
| Sep 30, 2019 | 19.24 Mn |
| Sep 30, 2019 | 19.24 Mn |
| Jun 30, 2019 | 20.65 Mn |
| Jun 30, 2019 | 20.65 Mn |
| Mar 31, 2019 | 21.70 Mn |
| Mar 31, 2019 | 21.70 Mn |
| Dec 31, 2018 | 23.00 Mn |
| Dec 31, 2018 | 23.00 Mn |
| Sep 30, 2018 | -26.84 Mn |
| Sep 30, 2018 | -26.84 Mn |
| Jun 30, 2018 | -26.60 Mn |
| Jun 30, 2018 | -26.60 Mn |
| Mar 31, 2018 | 29.59 Mn |
| Mar 31, 2018 | 29.59 Mn |
| Dec 31, 2017 | -33.49 Mn |
| Dec 31, 2017 | -33.49 Mn |
| Sep 30, 2017 | -33.66 Mn |
| Sep 30, 2017 | -33.66 Mn |
| Jun 30, 2017 | 26.72 Mn |
| Jun 30, 2017 | 26.72 Mn |
| Mar 31, 2017 | 24.11 Mn |
| Mar 31, 2017 | 24.11 Mn |
| Dec 31, 2016 | 22.90 Mn |
| Dec 31, 2016 | 22.90 Mn |
| Sep 30, 2016 | -18.81 Mn |
| Sep 30, 2016 | -18.81 Mn |
| Jun 30, 2016 | -11.89 Mn |
| Jun 30, 2016 | -11.89 Mn |
| Mar 31, 2016 | 16.13 Mn |
| Mar 31, 2016 | 16.13 Mn |
| Dec 31, 2015 | 17.07 Mn |
| Dec 31, 2015 | 17.07 Mn |
| Sep 30, 2015 | -13.00 Mn |
| Sep 30, 2015 | -13.00 Mn |
| Jun 30, 2015 | -12.88 Mn |
| Jun 30, 2015 | -12.88 Mn |
| Mar 31, 2015 | -11.20 Mn |
| Mar 31, 2015 | -11.20 Mn |
| Dec 31, 2014 | 12.10 Mn |
| Dec 31, 2014 | 12.10 Mn |
| Sep 30, 2014 | -11.98 Mn |
| Sep 30, 2014 | -11.98 Mn |
| Jun 30, 2014 | 12.79 Mn |
| Jun 30, 2014 | 12.79 Mn |
| Mar 31, 2014 | 12.03 Mn |
| Mar 31, 2014 | 12.03 Mn |
| Dec 31, 2013 | -9.95 Mn |
| Dec 31, 2013 | -9.95 Mn |
| Sep 30, 2013 | -11.77 Mn |
| Sep 30, 2013 | -11.77 Mn |
| Jun 30, 2013 | 9.90 Mn |
| Jun 30, 2013 | 9.90 Mn |
| Mar 31, 2013 | 14.63 Mn |
| Mar 31, 2013 | 14.63 Mn |
| Dec 31, 2012 | 96.71 Mn |
| Dec 31, 2012 | 96.71 Mn |