Canadian Solar (CSIQ) Non-Current Debt (2009 - 2025)
Canadian Solar (CSIQ) posted quarterly Non-Current Debt of $6.0 billion for Q4 2025, up 196.15% year-on-year from $2.0 billion in Q4 2024, and down 99.83% on a QoQ basis from $3499.7 billion in Q3 2025.
Canadian Solar (CSIQ) Non-Current Debt (2009 - 2025) Analysis & Trends
Canadian Solar (CSIQ) has reported Non-Current Debt for 17 consecutive years, with $6.0 billion the latest figure, recorded in Q4 2025.
- Quarterly Non-Current Debt rose 196.15% year-over-year to $6.0 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $6.0 billion (up 196.15% YoY) and the FY2025 annual result came in at $6.0 billion, up 196.15% from the prior year.
- Non-Current Debt retreated to $6.0 billion in Q4 2025 per CSIQ's latest filing, from $3499.7 billion in the prior quarter.
- Over the last five years, Non-Current Debt for CSIQ reached as high as $3499.7 billion in Q3 2025 and fell as low as $467.2 million in Q1 2021.
- A 5-year average of $176.4 billion and a median of $978.0 million in 2022 frame the typical range for Non-Current Debt.
- Annual changes were most pronounced in 2021 — Non-Current Debt decreased 29.82% — and 2025, when it jumped 155881.11%.
- Year by year, Non-Current Debt stood at $523.6 million in 2021, then soared by 55.34% to $813.4 million in 2022, then grew by 0.26% to $815.5 million in 2023, then surged by 148.86% to $2.0 billion in 2024, then surged by 196.15% to $6.0 billion in 2025.
- According to Business Quant data, Non-Current Debt over the past three periods registered $6.0 billion, $3499.7 billion, and $3.5 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 237.18 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 572.51 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 2.76 Bn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | - |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 152.20 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 181.75 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 6.01 Bn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 656.96 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 6.01 Bn |
| Sep 30, 2025 | 3,499.71 Bn |
| Jun 30, 2025 | 3.46 Bn |
| Mar 31, 2025 | 3.02 Bn |
| Dec 31, 2024 | 2.03 Bn |
| Sep 30, 2024 | 2.24 Bn |
| Jun 30, 2024 | 1.62 Bn |
| Mar 31, 2024 | 1.59 Bn |
| Dec 31, 2023 | 815.51 Mn |
| 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 |
| Jun 30, 2021 | 530.76 Mn |
| Mar 31, 2021 | 467.22 Mn |