Canadian Solar (CSIQ) Operating Margin (2009 - 2026)
Canadian Solar's (CSIQ) quarterly Operating Margin came in at 5.88% in Q2 2026, down 1341.0% on a YoY basis from 0.47% in Q2 2025, and down 187.04% quarter-over-quarter from 6.76% in Q1 2026.
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Canadian Solar (CSIQ) Operating Margin (2009 - 2026) Analysis & Trends
Canadian Solar (CSIQ) has reported Operating Margin for 18 consecutive years, with 5.88% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin fell 1341.0% year-over-year to 5.88%; the trailing twelve-month figure through Jun 2026 stood at 0.55% (up 36.0% YoY), and the FY2025 full-year result was 0.77%, up 127.0% from the prior year.
- Operating Margin retreated to 5.88% in Q2 2026 per CSIQ's latest filing, from 6.76% in the prior quarter.
- Across five years, Operating Margin topped out at 9.48% in Q2 2023 and bottomed at 8.35% in Q4 2024.
- Historically, Operating Margin has averaged 2.19% across 5 years, with a median of 3.3% in 2024.
- The widest YoY moves for Operating Margin: up 1134 bps in 2026, down 1341 bps in 2026.
- Over 5 years, Operating Margin stood at 6.89% in 2022, then slumped by 100 bps to 0.03% in 2023, then plunged by 24745 bps to 8.35% in 2024, then soared by 37 bps to 5.26% in 2025, then retreated by 12 bps to 5.88% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 5.88%, 6.76%, and 5.26% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | 42.64% |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | 20.41% |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | 17.65% |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | -4.63% |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | -9.11% |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 11.46% |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | -5.88% |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | 10.16% |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | -11.62% |
| 10 | Toyo | 131.54 Mn | 21.49 Mn | 36.97 Mn | 19.08% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -5.88% |
| Mar 31, 2026 | 6.76% |
| Dec 31, 2025 | -5.26% |
| Sep 30, 2025 | 2.33% |
| Jun 30, 2025 | 7.52% |
| Mar 31, 2025 | -4.58% |
| Dec 31, 2024 | -8.35% |
| Sep 30, 2024 | 0.02% |
| Jun 30, 2024 | 2.91% |
| Mar 31, 2024 | 3.69% |
| Dec 31, 2023 | 0.03% |
| Sep 30, 2023 | 4.50% |
| Jun 30, 2023 | 9.48% |
| Mar 31, 2023 | 8.56% |
| Dec 31, 2022 | 6.89% |
| Sep 30, 2022 | 4.59% |
| Jun 30, 2022 | 5.02% |
| Mar 31, 2022 | 1.24% |
| Dec 31, 2021 | 4.41% |
| Sep 30, 2021 | 4.32% |