KPIs & Operating Metrics(New)
Growth Metrics

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

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DateValue
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