Canadian Solar (CSIQ) Non-Current Debt (2009 - 2026)
Canadian Solar's (CSIQ) quarterly Non-Current Debt came in at $3.3 billion in Q2 2026, down 4.8% on a YoY basis from $3.5 billion in Q2 2025, and down 7.02% quarter-over-quarter from $3.5 billion in Q1 2026.
Analysis
Canadian Solar (CSIQ) Non-Current Debt (2009 - 2026) Analysis & Trends
Canadian Solar (CSIQ) has reported Non-Current Debt for 18 consecutive years, with $3.3 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Non-Current Debt fell 4.8% year-over-year to $3.3 billion; the trailing twelve-month figure through Jun 2026 stood at $3.3 billion (down 4.8% YoY), and the FY2025 full-year result was $3.6 billion, up 32.57% from the prior year.
- Non-Current Debt eased to $3.3 billion in Q2 2026 per CSIQ's latest filing, from $3.5 billion in the prior quarter.
- Across five years, Non-Current Debt topped out at $3.6 billion in Q4 2025 and bottomed at $753.4 million in Q1 2022.
- Historically, Non-Current Debt has averaged $2.0 billion across 5 years, with a median of $1.6 billion in 2024.
- The sharpest annual moves came in 2024 and 2026: Non-Current Debt soared 115.77% in 2024, then declined 4.8% in 2026.
- Over 5 years, Non-Current Debt stood at $813.4 million in 2022, then soared by 55.64% to $1.3 billion in 2023, then jumped by 115.77% to $2.7 billion in 2024, then soared by 32.57% to $3.6 billion in 2025, then fell by 9.16% to $3.3 billion in 2026.
- According to Business Quant data, Non-Current Debt over the past three periods registered $3.3 billion, $3.5 billion, and $3.6 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.28 Bn | 20.55 Bn | 605.00 Mn | - |
| 2 | Nextpower | 12.28 Bn | 11.07 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 4.87 Bn | 3.93 Bn | 175.01 Mn | 572.84 Mn |
| 4 | Solaredge Technologies | 2.22 Bn | 1.64 Bn | 95.15 Mn | - |
| 5 | T1 Energy | 1.30 Bn | 1.09 Bn | 49.10 Mn | 549.95 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 196.75 Mn |
| 7 | Canadian Solar | 873.77 Mn | -592.73 Mn | 168.48 Mn | 3.29 Bn |
| 8 | Array Technologies | 697.01 Mn | 389.71 Mn | 99.60 Mn | 657.75 Mn |
| 9 | JinkoSolar Holding | 607.00 Mn | -2.08 Bn | 75.62 Mn | 2.23 Bn |
| 10 | Toyo | 132.14 Mn | 22.09 Mn | 36.97 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.29 Bn |
| Mar 31, 2026 | 3.54 Bn |
| Dec 31, 2025 | 3.62 Bn |
| Sep 30, 2025 | 3.50 Bn |
| Jun 30, 2025 | 3.46 Bn |
| Mar 31, 2025 | 3.02 Bn |
| Dec 31, 2024 | 2.73 Bn |
| Sep 30, 2024 | 2.24 Bn |
| Jun 30, 2024 | 1.62 Bn |
| Mar 31, 2024 | 1.59 Bn |
| Dec 31, 2023 | 1.27 Bn |
| Sep 30, 2023 | 1.07 Bn |
| Jun 30, 2023 | 1.01 Bn |
| Mar 31, 2023 | 862.76 Mn |
| Dec 31, 2022 | 813.41 Mn |
| Sep 30, 2022 | 941.84 Mn |
| Jun 30, 2022 | 780.15 Mn |
| Mar 31, 2022 | 753.41 Mn |
| Dec 31, 2021 | 523.63 Mn |
| Sep 30, 2021 | 579.50 Mn |