Canadian Solar (CSIQ) Notes Payables (2009 - 2025)
Canadian Solar (CSIQ) recorded quarterly Notes Payables of $2.4 billion in Q4 2025, down 99.9% on a QoQ basis from $2428.2 billion in Q3 2025, and up 943.63% year-over-year from $228.9 million in Q4 2024.
Canadian Solar (CSIQ) Notes Payables (2009 - 2025) Analysis & Trends
Canadian Solar has disclosed Notes Payables across 17 years of filings, most recently posting $2.4 billion for Q4 2025.
- Quarterly Notes Payables rose 943.63% year-over-year to $2.4 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $2.4 billion (up 943.63% YoY) and the FY2025 annual result came in at $2.4 billion, up 943.63% from the prior year.
- Notes Payables eased to $2.4 billion in Q4 2025, from $2428.2 billion in the prior quarter.
- Over five years, Notes Payables peaked at $2428.2 billion in Q3 2025 and troughed at $228.9 million in Q4 2024.
- A 5-year average of $123.0 billion and a median of $1.7 billion in 2023 frame the typical range for Notes Payables.
- Annual changes were most pronounced in 2024 — Notes Payables plunged 87.32% — and 2025, when it jumped 96925.68%.
- Tracing CSIQ's Notes Payables over 5 years: stood at $1.6 billion in 2021, then slipped by 9.36% to $1.4 billion in 2022, then grew by 25.03% to $1.8 billion in 2023, then sank by 87.32% to $228.9 million in 2024, then soared by 943.63% to $2.4 billion in 2025.
- Business Quant data shows CSIQ's Notes Payables at $2.4 billion in Q4 2025, $2428.2 billion in Q3 2025, and $2.3 billion in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn |
| 10 | Canadian Solar | 41,875.00 | 578.43 Mn | 124.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 2.39 Bn |
| Sep 30, 2025 | 2,428.15 Bn |
| Jun 30, 2025 | 2.28 Bn |
| Mar 31, 2025 | 2.12 Bn |
| Dec 31, 2024 | 228.92 Mn |
| 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 | 1.28 Bn |
| Dec 31, 2021 | 1.59 Bn |
| Sep 30, 2021 | 1.08 Bn |
| Jun 30, 2021 | 867.45 Mn |
| Mar 31, 2021 | 1.22 Bn |