Canadian Solar (CSIQ) Operating Leases (2019 - 2025)
Canadian Solar's (CSIQ) quarterly Operating Leases came in at $354.5 million in Q4 2025, up 30.41% on a YoY basis from $271.8 million in Q4 2024, and up 30.41% quarter-over-quarter from $271.8 million in Q4 2024.
Analysis
Canadian Solar (CSIQ) Operating Leases (2019 - 2025) Analysis & Trends
Canadian Solar (CSIQ) has reported Operating Leases for 7 consecutive years, with $354.5 million the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Operating Leases rose 30.41% year-over-year to $354.5 million; the trailing twelve-month figure through Dec 2025 stood at $354.5 million (up 30.41% YoY), and the FY2025 full-year result was $354.5 million, up 30.41% from the prior year.
- Operating Leases rose to $354.5 million in Q4 2025 per CSIQ's latest filing, from $271.8 million in the prior quarter.
- Across five years, Operating Leases topped out at $354.5 million in Q4 2025 and bottomed at $23.2 million in Q4 2021.
- Historically, Operating Leases has averaged $158.4 million across 5 years, with a median of $116.8 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Operating Leases increased 10.76% in 2022, then jumped 354.41% in 2023.
- Over 5 years, Operating Leases stood at $23.2 million in 2021, then advanced by 10.76% to $25.7 million in 2022, then soared by 354.41% to $116.8 million in 2023, then surged by 132.66% to $271.8 million in 2024, then jumped by 30.41% to $354.5 million in 2025.
- According to Business Quant data, Operating Leases over the past three periods registered $354.5 million, $271.8 million, and $116.8 million for Q4 2025, Q4 2024, and Q4 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 21.97 Bn | 20.25 Bn | 605.00 Mn |
| 2 | Nextpower | 12.81 Bn | 11.60 Bn | 335.85 Mn |
| 3 | Enphase Energy | 4.81 Bn | 3.87 Bn | 175.01 Mn |
| 4 | Solaredge Technologies | 2.10 Bn | 1.52 Bn | 95.15 Mn |
| 5 | T1 Energy | 1.29 Bn | 1.14 Bn | 49.10 Mn |
| 6 | Shoals Technologies | 1.20 Bn | 1.18 Bn | 49.53 Mn |
| 7 | Canadian Solar | 896.45 Mn | 597.20 Mn | 168.48 Mn |
| 8 | Array Technologies | 708.44 Mn | 401.13 Mn | 99.60 Mn |
| 9 | JinkoSolar Holding | 627.24 Mn | -480.04 Mn | 75.62 Mn |
| 10 | Toyo | 133.94 Mn | 23.90 Mn | 36.97 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 354.51 Mn |
| Dec 31, 2024 | 271.85 Mn |
| Dec 31, 2023 | 116.85 Mn |
| Dec 31, 2022 | 25.71 Mn |
| Dec 31, 2021 | 23.22 Mn |
| Dec 31, 2020 | 13.23 Mn |
| Dec 31, 2019 | 20.72 Mn |
| Sep 30, 2019 | 17.35 Mn |
| Jun 30, 2019 | 17.24 Mn |
| Mar 31, 2019 | 19.28 Mn |