Canadian Solar (CSIQ) Payables (2009 - 2025)

Canadian Solar (CSIQ) recorded quarterly Payables of $3.2 billion in Q4 2025, down 99.87% on a QoQ basis from $2428.2 billion in Q3 2025, and up 145.26% year-over-year from $1.3 billion in Q4 2024.

Canadian Solar (CSIQ) Payables (2009 - 2025) Analysis & Trends

Canadian Solar has disclosed Payables across 17 years of filings, most recently posting $3.2 billion for Q4 2025.

  • Quarterly Payables rose 145.26% year-over-year to $3.2 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $3.2 billion (up 145.26% YoY) and the FY2025 annual result came in at $3.2 billion, up 145.26% from the prior year.
  • Payables slipped to $3.2 billion in Q4 2025, from $2428.2 billion in the prior quarter.
  • Over five years, Payables peaked at $2428.2 billion in Q3 2025 and troughed at $867.4 million in Q2 2021.
  • A 5-year average of $123.2 billion and a median of $2.0 billion in 2023 frame the typical range for Payables.
  • Annual changes were most pronounced in 2024 — Payables slumped 50.67% — and 2025, when it jumped 96925.68%.
  • Tracing CSIQ's Payables over 5 years: stood at $2.3 billion in 2021, then retreated by 0.51% to $2.2 billion in 2022, then rose by 16.44% to $2.6 billion in 2023, then slumped by 50.67% to $1.3 billion in 2024, then soared by 145.26% to $3.2 billion in 2025.
  • Business Quant data shows CSIQ's Payables at $3.2 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) Payables (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 306.83 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 533.49 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 113.46 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 404.51 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 343.23 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 80.43 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 142.17 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 3.45 Bn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 14.09 Mn
10 Canadian Solar 41,875.00 578.43 Mn 124.40 Mn 3.17 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 3.17 Bn
Sep 30, 2025 2,428.15 Bn
Jun 30, 2025 2.28 Bn
Mar 31, 2025 2.12 Bn
Dec 31, 2024 1.29 Bn
Sep 30, 2024 2.50 Bn
Jun 30, 2024 2.04 Bn
Mar 31, 2024 2.18 Bn
Dec 31, 2023 2.62 Bn
Sep 30, 2023 1.71 Bn
Jun 30, 2023 1.90 Bn
Mar 31, 2023 1.76 Bn
Dec 31, 2022 2.25 Bn
Sep 30, 2022 1.23 Bn
Jun 30, 2022 1.37 Bn
Mar 31, 2022 1.28 Bn
Dec 31, 2021 2.26 Bn
Sep 30, 2021 1.08 Bn
Jun 30, 2021 867.45 Mn
Mar 31, 2021 1.22 Bn