Canadian Solar (CSIQ) Notes Payables (2009 - 2026)
Canadian Solar's Notes Payables came in at $3.09 billion for Q2 2026, up 35.8% from $2.28 billion a year earlier and up 18.7% from the prior quarter.
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Analysis
Canadian Solar (CSIQ) Notes Payables (2009 - 2026) Analysis & Trends
At the end of FY2025, Canadian Solar's Notes Payables was $2.39 billion, up 27.5% from FY2024.
- Notes Payables has increased in each of the last three years, with a five-year compound annual growth rate of 14.7% (FY2020 to FY2025).
- Going back by year, Notes Payables was $1.87 billion in FY2024 (+3.8%), $1.81 billion in FY2023 (+25.0%), $1.44 billion in FY2022 (-9.4%) and $1.59 billion in FY2021 (+32.5%).
- The Q2 2026 figure represents the highest quarterly Notes Payables in data going back to Q1 2009.
- Year-over-year, Notes Payables has increased for three consecutive quarters, with growth averaging 17.8% over the last eight quarters.
- The fastest year-over-year change in Notes Payables over five years came in Q1 2022 (growth of 94.1%), and the weakest in Q4 2022 (a decline of 9.4%).
- Business Quant data shows CSIQ's Notes Payables at $2.6 billion (Q1 2026), $2.39 billion (Q4 2025) and $2.43 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn |
| 10 | Canadian Solar | 781.17 Mn | -5.03 Bn | 168.48 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.09 Bn |
| Mar 31, 2026 | 2.60 Bn |
| Dec 31, 2025 | 2.39 Bn |
| Sep 30, 2025 | 2.43 Bn |
| Jun 30, 2025 | 2.28 Bn |
| Mar 31, 2025 | 2.12 Bn |
| Dec 31, 2024 | 1.87 Bn |
| Sep 30, 2024 | 2.50 Bn |
| Jun 30, 2024 | 2.04 Bn |
| Mar 31, 2024 | 2.18 Bn |
| Dec 31, 2023 | 1.81 Bn |
| Sep 30, 2023 | 1.71 Bn |
| Jun 30, 2023 | 1.90 Bn |
| Mar 31, 2023 | 1.76 Bn |
| Dec 31, 2022 | 1.44 Bn |
| Sep 30, 2022 | 1.23 Bn |
| Jun 30, 2022 | 1.37 Bn |
| Mar 31, 2022 | 1.34 Bn |
| Dec 31, 2021 | 1.59 Bn |
| Sep 30, 2021 | 824.84 Mn |
API Access
Canadian Solar Notes Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=notes-payables&ticker=CSIQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "notes-payables", "ticker": "CSIQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=notes-payables&ticker=CSIQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();