Canadian Solar (CSIQ) Net Income (2009 - 2025)
Canadian Solar's (CSIQ) quarterly Net Income came in at $130.8 million in Q4 2025, up 196.58% YoY from $44.1 million in Q4 2024, and up 720.56% on a QoQ basis from -$21.1 million in Q3 2025.
Canadian Solar (CSIQ) Net Income (2009 - 2025) Analysis & Trends
Canadian Solar (CSIQ) has 17 years of Net Income data on file, last reported at $130.8 million in Q4 2025.
- Quarterly Net Income rose 196.58% year-over-year to $130.8 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $231.1 million (up 451.7% YoY) and the FY2025 annual result came in at $183.8 million, up 336.01% from the prior year.
- Net Income rose to $130.8 million in Q4 2025, from -$21.1 million in the prior quarter.
- In the past five years, Net Income ranged from a high of $197.5 million in Q2 2023 to a low of -$135.4 million in Q4 2024.
- A 5-year average of $49.8 million and a median of $42.4 million in 2021 frame the typical range for Net Income.
- Annual changes were most pronounced in 2021 — Net Income surged 8181.44% — and 2024, when it tumbled 4332.47%.
- Tracing CSIQ's Net Income over 5 years: stood at $91.0 million in 2021, then increased by 8.6% to $98.8 million in 2022, then plunged by 96.76% to $3.2 million in 2023, then plunged by 4332.47% to -$135.4 million in 2024, then jumped by 196.58% to $130.8 million in 2025.
- The last three Net Income figures came in at $130.8 million (Q4 2025), -$21.1 million (Q3 2025), and $44.8 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 422.57 Mn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | 165.36 Mn |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 36.08 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | -208.17 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | -30.75 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 12.14 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | 130.80 Mn |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | -228.75 Mn |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | 24.32 Mn |
| 10 | Toyo | 181.99 Mn | 105.35 Mn | 47.76 Mn | 39.48 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 130.80 Mn |
| Sep 30, 2025 | -21.08 Mn |
| Jun 30, 2025 | 44.77 Mn |
| Mar 31, 2025 | 76.65 Mn |
| Dec 31, 2024 | -135.44 Mn |
| Sep 30, 2024 | 6.07 Mn |
| Jun 30, 2024 | 27.42 Mn |
| Mar 31, 2024 | 36.22 Mn |
| Dec 31, 2023 | 3.20 Mn |
| Sep 30, 2023 | 62.47 Mn |
| Jun 30, 2023 | 197.54 Mn |
| Mar 31, 2023 | 106.83 Mn |
| Dec 31, 2022 | 98.82 Mn |
| Sep 30, 2022 | 102.24 Mn |
| Jun 30, 2022 | 88.56 Mn |
| Mar 31, 2022 | -3.16 Mn |
| Dec 31, 2021 | 91.00 Mn |
| Sep 30, 2021 | 28.55 Mn |
| Jun 30, 2021 | 14.67 Mn |
| Mar 31, 2021 | 40.10 Mn |