Canadian Solar (CSIQ) Operating Expenses (2009 - 2026)
Canadian Solar's Operating Expenses came in at $239.53 million for Q2 2026, down 36.6% from $377.6 million a year earlier but up 21.0% from the prior quarter.
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Analysis
Canadian Solar (CSIQ) Operating Expenses (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Canadian Solar reported Operating Expenses of $847.66 million, down 27.2% year-over-year; for FY2025, it was $983.07 million, down 4.5% from FY2024.
- Operating Expenses carries a five-year compound annual growth rate of 15.9% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $1.03 billion in FY2024 (+24.5%), $826.66 million in FY2023 (-8.9%), $907.08 million in FY2022 (+26.2%) and $718.93 million in FY2021 (+53.1%).
- The five-year range for quarterly Operating Expenses is $165.38 million (Q1 2022) to $377.6 million (Q2 2025).
- Year-over-year, Operating Expenses increased in four of the last eight quarters, with growth averaging 4.7%.
- The fastest year-over-year change in Operating Expenses over five years came in Q4 2021 (growth of 68.7%), and the weakest in Q4 2025 (a decline of 45.2%).
- Business Quant data shows CSIQ's Operating Expenses at $197.95 million (Q1 2026), $188.46 million (Q4 2025) and $221.71 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 18.07 Bn | 9.02 Bn | 605.00 Mn | 154.62 Mn |
| 2 | Canadian Solar | 600.12 Mn | -4.27 Bn | 168.48 Mn | 239.53 Mn |
| 3 | Ads-Tec Energy Public | 560.85 Mn | 478.54 Mn | - | - |
| 4 | Hyliion Holdings | 530.43 Mn | 196.33 Mn | 366,000.00 | 15.66 Mn |
| 5 | Array Technologies | 485.12 Mn | -488.78 Mn | 99.60 Mn | 64.84 Mn |
| 6 | Energy Vault Holdings | 471.44 Mn | 258.00 Mn | 5.38 Mn | 30.04 Mn |
| 7 | Ballard Power Systems | 430.12 Mn | -1.65 Bn | 4.08 Mn | 20.92 Mn |
| 8 | JinkoSolar Holding | 427.24 Mn | -10.55 Bn | 75.62 Mn | 287.32 Mn |
| 9 | Wallbox | 416.11 Mn | 290.14 Mn | - | - |
| 10 | Terra Innovatum Global | 222.66 Mn | -70.13 Mn | - | 6.08 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 239.53 Mn |
| Mar 31, 2026 | 197.95 Mn |
| Dec 31, 2025 | 188.46 Mn |
| Sep 30, 2025 | 221.71 Mn |
| Jun 30, 2025 | 377.60 Mn |
| Mar 31, 2025 | 195.30 Mn |
| Dec 31, 2024 | 344.13 Mn |
| Sep 30, 2024 | 247.14 Mn |
| Jun 30, 2024 | 234.44 Mn |
| Mar 31, 2024 | 203.68 Mn |
| Dec 31, 2023 | 212.83 Mn |
| Sep 30, 2023 | 224.99 Mn |
| Jun 30, 2023 | 216.45 Mn |
| Mar 31, 2023 | 172.40 Mn |
| Dec 31, 2022 | 212.87 Mn |
| Sep 30, 2022 | 273.90 Mn |
| Jun 30, 2022 | 254.93 Mn |
| Mar 31, 2022 | 165.38 Mn |
| Dec 31, 2021 | 233.87 Mn |
| Sep 30, 2021 | 175.54 Mn |
API Access
Canadian Solar Operating Expenses 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=operating-expenses&ticker=CSIQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=CSIQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();