Canadian Solar (CSIQ) Notes Payables (2009 - 2025)
Canadian Solar's (CSIQ) quarterly Notes Payables came in at $2.4 billion in Q4 2025, up 27.53% YoY from $1.9 billion in Q4 2024, and down 99.68% on a QoQ basis from $745.8 billion in Q3 2025.
Canadian Solar (CSIQ) Notes Payables (2009 - 2025) Analysis & Trends
Canadian Solar (CSIQ) has 17 years of Notes Payables data on file, last reported at $2.4 billion in Q4 2025.
- Quarterly Notes Payables rose 27.53% year-over-year to $2.4 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $2.4 billion (up 27.53% YoY) and the FY2025 annual result came in at $2.4 billion, up 27.53% from the prior year.
- Notes Payables fell to $2.4 billion in Q4 2025, from $745.8 billion in the prior quarter.
- In the past five years, Notes Payables ranged from a high of $745.8 billion in Q3 2025 to a low of $714000.0 in Q3 2021.
- A 5-year average of $38.2 billion and a median of $1.1 billion in 2023 frame the typical range for Notes Payables.
- Annual changes were most pronounced in 2021 — Notes Payables slumped 94.46% — and 2022, when it surged 190024.65%.
- Tracing CSIQ's Notes Payables over 5 years: stood at $1.6 billion in 2021, then retreated by 6.24% to $1.5 billion in 2022, then slumped by 41.19% to $878.3 million in 2023, then soared by 113.29% to $1.9 billion in 2024, then advanced by 27.53% to $2.4 billion in 2025.
- The last three Notes Payables figures came in at $2.4 billion (Q4 2025), $745.8 billion (Q3 2025), and $610.3 million (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn |
| 10 | Toyo | 170.12 Mn | 93.48 Mn | 47.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 2.39 Bn |
| Sep 30, 2025 | 745.79 Bn |
| Jun 30, 2025 | 610.29 Mn |
| Mar 31, 2025 | 573.38 Mn |
| Dec 31, 2024 | 1.87 Bn |
| Sep 30, 2024 | 607.92 Mn |
| Jun 30, 2024 | 765.51 Mn |
| Mar 31, 2024 | 895.61 Mn |
| Dec 31, 2023 | 878.29 Mn |
| Sep 30, 2023 | 1.27 Bn |
| Jun 30, 2023 | 1.70 Bn |
| Mar 31, 2023 | 1.62 Bn |
| Dec 31, 2022 | 1.49 Bn |
| Sep 30, 2022 | 1.36 Bn |
| Jun 30, 2022 | 1.41 Bn |
| Mar 31, 2022 | 19.18 Mn |
| Dec 31, 2021 | 1.59 Bn |
| Sep 30, 2021 | 714,000.00 |
| Jun 30, 2021 | 6.06 Mn |
| Mar 31, 2021 | 988,000.00 |