Canadian Solar (CSIQ) Notes Payables (2009 - 2025)
Canadian Solar (CSIQ) posted quarterly Notes Payables of $2.4 billion for Q4 2025, up 27.53% year-on-year 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 reported Notes Payables for 17 consecutive years, with $2.4 billion the latest figure, recorded 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 eased to $2.4 billion in Q4 2025 per CSIQ's latest filing, from $745.8 billion in the prior quarter.
- Over the last five years, Notes Payables for CSIQ reached as high as $745.8 billion in Q3 2025 and fell as low as $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 sank 94.46% — and 2022, when it soared 190024.65%.
- Year by year, Notes Payables stood at $1.6 billion in 2021, then dropped by 6.24% to $1.5 billion in 2022, then tumbled by 41.19% to $878.3 million in 2023, then soared by 113.29% to $1.9 billion in 2024, then increased by 27.53% to $2.4 billion in 2025.
- According to Business Quant data, Notes Payables over the past three periods registered $2.4 billion, $745.8 billion, and $610.3 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 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 |