Canadian Solar (CSIQ) Invested Capital (2009 - 2026)
Canadian Solar (CSIQ) recorded Invested Capital of $10.3 billion in Q2 2026, up 6.2% from $9.7 billion a year earlier but down 26.4% from the prior quarter.
Canadian Solar (CSIQ) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Canadian Solar reported Invested Capital of $9.95 billion, up 17.0% from FY2024.
- Annual Invested Capital has increased for three straight years, with a five-year compound annual growth rate of 23.0% (FY2020 to FY2025).
- Across earlier years, Invested Capital came in at $8.51 billion in FY2024 (+25.5%), $6.78 billion in FY2023 (+48.5%), $4.56 billion in FY2022 (-17.2%) and $5.51 billion in FY2021 (+55.7%).
- Quarterly Invested Capital has ranged from $3.44 billion in Q3 2021 to $14 billion in Q1 2026 over the past five years.
- On a year-over-year basis, Invested Capital has increased for 14 consecutive quarters, with growth averaging 26.3% over the last eight quarters.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 72.4% in Q1 2025, against a decline of 17.2% in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $14 billion (Q1 2026), $9.95 billion (Q4 2025) and $9.92 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 15.91 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 1.64 Bn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 10.36 Bn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 3.35 Bn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 4.21 Bn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | - |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 3.01 Bn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 1.75 Bn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 2.32 Bn |
| 10 | Canadian Solar | 781.17 Mn | -5.03 Bn | 168.48 Mn | 10.30 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.30 Bn |
| Mar 31, 2026 | 14.00 Bn |
| Dec 31, 2025 | 9.95 Bn |
| Sep 30, 2025 | 9.92 Bn |
| Jun 30, 2025 | 9.70 Bn |
| Mar 31, 2025 | 12.86 Bn |
| Dec 31, 2024 | 8.51 Bn |
| Sep 30, 2024 | 8.78 Bn |
| Jun 30, 2024 | 7.45 Bn |
| Mar 31, 2024 | 7.46 Bn |
| Dec 31, 2023 | 6.78 Bn |
| Sep 30, 2023 | 6.40 Bn |
| Jun 30, 2023 | 6.35 Bn |
| Mar 31, 2023 | 5.06 Bn |
| Dec 31, 2022 | 4.56 Bn |
| Sep 30, 2022 | 4.29 Bn |
| Jun 30, 2022 | 4.26 Bn |
| Mar 31, 2022 | 4.24 Bn |
| Dec 31, 2021 | 5.51 Bn |
| Sep 30, 2021 | 3.44 Bn |
Canadian Solar Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=CSIQ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "CSIQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=CSIQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();