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| Date | Value |
|---|---|
| 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 |