Canadian Solar (CSIQ) Net Margin (2009 - 2026)
Canadian Solar's (CSIQ) quarterly Net Margin came in at 6.36% in Q2 2026, down 679.0% on a YoY basis from 1.1% in Q2 2025, and down 113.74% quarter-over-quarter from 2.98% in Q1 2026.
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Analysis
Canadian Solar (CSIQ) Net Margin (2009 - 2026) Analysis & Trends
Canadian Solar (CSIQ) has reported Net Margin for 18 consecutive years, with 6.36% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin fell 679.0% year-over-year to 6.36%; the trailing twelve-month figure through Jun 2026 stood at 3.73% (down 362.0% YoY), and the FY2025 full-year result was 1.86%, up 126.0% from the prior year.
- Net Margin fell to 6.36% in Q2 2026 per CSIQ's latest filing, from 2.98% 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.
- Historically, Net Margin has averaged 0.52% across 5 years, with a median of 0.67% in 2022.
- The sharpest annual moves came in 2023 and 2025: Net Margin surged 418 bps in 2023, then slumped 932 bps in 2025.
- Over 5 years, Net Margin stood at 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, then rose by 10 bps to 6.36% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 6.36%, 2.98%, and 7.09% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.21 Bn | 20.48 Bn | 605.00 Mn | 40.01% |
| 2 | Nextpower | 12.31 Bn | 11.10 Bn | 335.85 Mn | 17.68% |
| 3 | Enphase Energy | 4.89 Bn | 3.95 Bn | 175.01 Mn | 12.36% |
| 4 | Solaredge Technologies | 2.19 Bn | 1.61 Bn | 95.15 Mn | -8.88% |
| 5 | T1 Energy | 1.31 Bn | 1.10 Bn | 49.10 Mn | -17.80% |
| 6 | Shoals Technologies | 1.19 Bn | 1.17 Bn | 49.53 Mn | 7.43% |
| 7 | Canadian Solar | 878.49 Mn | -588.02 Mn | 168.48 Mn | -6.36% |
| 8 | Array Technologies | 699.32 Mn | 392.02 Mn | 99.60 Mn | 2.47% |
| 9 | JinkoSolar Holding | 609.08 Mn | -2.07 Bn | 75.62 Mn | -5.64% |
| 10 | Toyo | 132.14 Mn | 22.09 Mn | 36.97 Mn | 14.73% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -6.36% |
| Mar 31, 2026 | -2.98% |
| 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% |