Canadian Solar (CSIQ) Net Margin (2009 - 2025)
Canadian Solar (CSIQ) posted quarterly Net Margin of 7.09% for Q4 2025, up 486.0% year-on-year from 1.21% in Q4 2024, and up 1074.08% on a QoQ basis from 0.6% in Q3 2025.
Canadian Solar (CSIQ) Net Margin (2009 - 2025) Analysis & Trends
Canadian Solar (CSIQ) has reported Net Margin for 17 consecutive years, with 7.09% the latest figure, recorded in Q4 2025.
- Quarterly Net Margin rose 486.0% year-over-year to 7.09% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 1.23% (up 62.0% YoY) and the FY2025 annual result came in at 1.86%, up 126.0% from the prior year.
- Net Margin rose to 7.09% in Q4 2025 per CSIQ's latest filing, from 0.6% in the prior quarter.
- Over the last five years, Net Margin for CSIQ reached as high as 7.19% in Q2 2023 and fell as low as 2.84% in Q1 2025.
- A 5-year average of 2.02% and a median of 1.44% in 2023 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2021 — Net Margin sank 1131 bps — and 2025, when it soared 486 bps.
- Year by year, Net Margin stood at 1.7% in 2021, then soared by 132 bps to 3.95% in 2022, then sank by 102 bps to 0.08% in 2023, then surged by 2837 bps to 2.23% in 2024, then soared by 218 bps to 7.09% in 2025.
- According to Business Quant data, Net Margin over the past three periods registered 7.09%, 0.6%, and 0.42% for Q4 2025, Q3 2025, and Q2 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 33.19% |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 17.10% |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | -2.62% |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 129.61% |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | -18.48% |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | -41.17% |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | -0.21% |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 7.09% |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | -6.06% |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | 19.90% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 7.09% |
| Sep 30, 2025 | 0.60% |
| Jun 30, 2025 | 0.42% |
| Mar 31, 2025 | -2.84% |
| Dec 31, 2024 | 2.23% |
| Sep 30, 2024 | -0.93% |
| Jun 30, 2024 | 0.23% |
| Mar 31, 2024 | 0.93% |
| Dec 31, 2023 | -0.08% |
| Sep 30, 2023 | 1.19% |
| Jun 30, 2023 | 7.19% |
| Mar 31, 2023 | 4.92% |
| Dec 31, 2022 | 3.95% |
| Sep 30, 2022 | 4.06% |
| Jun 30, 2022 | 3.22% |
| Mar 31, 2022 | 0.74% |
| Dec 31, 2021 | 1.70% |
| Sep 30, 2021 | 2.87% |
| Jun 30, 2021 | 0.79% |
| Mar 31, 2021 | 2.09% |