Canadian Solar (CSIQ) Net Margin (2009 - 2025)
Canadian Solar (CSIQ) recorded quarterly Net Margin of 7.09% in Q4 2025, down 1274.08% on a QoQ basis from 0.6% in Q3 2025, and down 932.0% year-over-year from 0.85% in Q4 2024.
Canadian Solar (CSIQ) Net Margin (2009 - 2025) Analysis & Trends
Canadian Solar has disclosed Net Margin across 17 years of filings, most recently posting 7.09% for Q4 2025.
- Quarterly Net Margin fell 932.0% year-over-year to 7.09% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 0.65% (down 172.0% YoY) and the FY2025 annual result came in at 1.86%, up 126.0% from the prior year.
- Net Margin fell to 7.09% in Q4 2025, from 0.6% in the prior quarter.
- Over five years, Net Margin peaked at 7.19% in Q2 2023 and troughed 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.
- Annual changes were most pronounced in 2021 — Net Margin slumped 1131 bps — and 2023, when it jumped 418 bps.
- Tracing CSIQ's Net Margin over 5 years: stood at 1.7% in 2021, then surged by 132 bps to 3.95% in 2022, then slumped by 102 bps to 0.08% in 2023, then jumped by 2837 bps to 2.23% in 2024, then tumbled by 418 bps to 7.09% in 2025.
- Business Quant data shows CSIQ's Net Margin at 7.09% in Q4 2025, 0.6% in Q3 2025, and 0.42% in Q2 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 33.19% |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 17.10% |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | -2.63% |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | -18.48% |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | -41.17% |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | -0.21% |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | -6.06% |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | -3.78% |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | -6.95% |
| 10 | Canadian Solar | 41,875.00 | 578.43 Mn | 124.40 Mn | -7.09% |
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% |