Canadian Solar (CSIQ) Net Margin (2009 - 2025)
Canadian Solar (CSIQ) reported Net Margin of 7.09% for Q4 2025, down 932.0% year-on-year from 0.85% in Q4 2024, and down 1274.08% quarter-over-quarter from 0.6% in Q3 2025.
Canadian Solar (CSIQ) has 17 years of Net Margin data on file, last reported at 7.09% in Q4 2025.
- For the quarter ending Q4 2025, Net Margin fell 932.0% year-over-year to 7.09%; the trailing twelve-month figure through Dec 2025 stood at 0.65% (down 172.0% YoY), and the FY2025 full-year result was 1.86%, up 126.0% from the prior year.
- Net Margin for Q4 2025 stood at 7.09%, down from 0.6% in the prior quarter.
- Across five years, Net Margin topped out at 7.19% in Q2 2023 and bottomed at 7.09% in Q4 2025.
- A 5-year average of 1.69% and a median of 1.44% in 2023 frame the typical range for Net Margin.
- Across the five-year window, Net Margin plunged 1131 bps in 2021 and jumped 418 bps in 2023, its largest moves.
- Tracing CSIQ's Net Margin over 5 years: 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 slumped by 418 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 33.19% |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 17.10% |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | -7.09% |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | -2.63% |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | -18.48% |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | -41.17% |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | -0.21% |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | -6.06% |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | -3.78% |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | -6.95% |
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% |
| Dec 31, 2020 | 0.64% |
| Sep 30, 2020 | 0.97% |
| Jun 30, 2020 | 2.96% |
| Mar 31, 2020 | 13.40% |
| Dec 31, 2019 | 7.37% |
| Sep 30, 2019 | 7.68% |
| Jun 30, 2019 | 6.05% |
| Mar 31, 2019 | -3.54% |
| Dec 31, 2018 | 12.38% |
| Sep 30, 2018 | 8.66% |
| Jun 30, 2018 | 2.39% |
| Mar 31, 2018 | 3.04% |
| Dec 31, 2017 | 5.54% |
| Sep 30, 2017 | 1.46% |
| Jun 30, 2017 | 5.52% |
| Mar 31, 2017 | -1.97% |
| Dec 31, 2016 | -1.99% |
| Sep 30, 2016 | 2.38% |
| Jun 30, 2016 | 5.01% |
| Mar 31, 2016 | 3.13% |
| Dec 31, 2015 | 5.56% |
| Sep 30, 2015 | 3.57% |
| Jun 30, 2015 | 2.81% |
| Mar 31, 2015 | 7.12% |
| Dec 31, 2014 | 7.92% |
| Sep 30, 2014 | 11.40% |
| Jun 30, 2014 | 8.94% |
| Mar 31, 2014 | 0.81% |
| Dec 31, 2013 | 4.03% |
| Sep 30, 2013 | 5.64% |
| Jun 30, 2013 | -3.31% |
| Mar 31, 2013 | -1.66% |
| Dec 31, 2012 | -35.61% |
| Sep 30, 2012 | -13.40% |
| Jun 30, 2012 | -7.32% |
| Mar 31, 2012 | -6.55% |
| Dec 31, 2011 | 12.63% |
| Sep 30, 2011 | -10.20% |
| Jun 30, 2011 | 1.47% |
| Mar 31, 2011 | 1.33% |
| Dec 31, 2010 | 5.64% |
| Sep 3, 2010 | 0.68% |
| Jun 30, 2010 | 0.95% |
| Mar 31, 2010 | 0.44% |
| Dec 31, 2009 | -3.63% |
| Sep 30, 2009 | 11.88% |
| Jun 30, 2009 | 15.48% |
| Mar 31, 2009 | -6.36% |