Canadian Solar (CSIQ) Payables (2009 - 2026)
Canadian Solar's (CSIQ) quarterly Payables came in at $4.1 billion in Q2 2026, up 25.41% on a YoY basis from $3.3 billion in Q2 2025, and up 13.62% quarter-over-quarter from $3.6 billion in Q1 2026.
Analysis
Canadian Solar (CSIQ) Payables (2009 - 2026) Analysis & Trends
Canadian Solar (CSIQ) has reported Payables for 18 consecutive years, with $4.1 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Payables rose 25.41% year-over-year to $4.1 billion; the trailing twelve-month figure through Jun 2026 stood at $4.1 billion (up 25.41% YoY), and the FY2025 full-year result was $3.3 billion, up 207.46% from the prior year.
- Payables grew to $4.1 billion in Q2 2026 per CSIQ's latest filing, from $3.6 billion in the prior quarter.
- Across five years, Payables topped out at $4.1 billion in Q2 2026 and bottomed at $805.3 million in Q4 2022.
- Historically, Payables has averaged $2.6 billion across 5 years, with a median of $2.8 billion in 2023.
- The sharpest annual moves came in 2023 and 2025: Payables grew 1.04% in 2023, then jumped 207.46% in 2025.
- Over 5 years, Payables stood at $805.3 million in 2022, then rose by 1.04% to $813.7 million in 2023, then soared by 30.63% to $1.1 billion in 2024, then surged by 207.46% to $3.3 billion in 2025, then grew by 26.31% to $4.1 billion in 2026.
- According to Business Quant data, Payables over the past three periods registered $4.1 billion, $3.6 billion, and $3.3 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 21.97 Bn | 20.25 Bn | 605.00 Mn | 346.33 Mn |
| 2 | Nextpower | 12.81 Bn | 11.60 Bn | 335.85 Mn | 535.97 Mn |
| 3 | Enphase Energy | 4.81 Bn | 3.87 Bn | 175.01 Mn | 124.59 Mn |
| 4 | Solaredge Technologies | 2.10 Bn | 1.52 Bn | 95.15 Mn | 460.14 Mn |
| 5 | T1 Energy | 1.29 Bn | 1.14 Bn | 49.10 Mn | 127.09 Mn |
| 6 | Shoals Technologies | 1.20 Bn | 1.18 Bn | 49.53 Mn | 65.98 Mn |
| 7 | Canadian Solar | 896.45 Mn | 597.20 Mn | 168.48 Mn | 4.13 Bn |
| 8 | Array Technologies | 708.44 Mn | 401.13 Mn | 99.60 Mn | 161.09 Mn |
| 9 | JinkoSolar Holding | 627.24 Mn | -480.04 Mn | 75.62 Mn | 3.17 Bn |
| 10 | Toyo | 133.94 Mn | 23.90 Mn | 36.97 Mn | 88.74 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.13 Bn |
| Mar 31, 2026 | 3.63 Bn |
| Dec 31, 2025 | 3.27 Bn |
| Sep 30, 2025 | 3.50 Bn |
| Jun 30, 2025 | 3.29 Bn |
| Mar 31, 2025 | 3.15 Bn |
| Dec 31, 2024 | 1.06 Bn |
| Sep 30, 2024 | 3.46 Bn |
| Jun 30, 2024 | 2.88 Bn |
| Mar 31, 2024 | 3.00 Bn |
| Dec 31, 2023 | 813.68 Mn |
| Sep 30, 2023 | 2.62 Bn |
| Jun 30, 2023 | 2.67 Bn |
| Mar 31, 2023 | 2.56 Bn |
| Dec 31, 2022 | 805.30 Mn |
| Sep 30, 2022 | 2.14 Bn |
| Jun 30, 2022 | 2.22 Bn |
| Mar 31, 2022 | 2.07 Bn |
| Dec 31, 2021 | 503.00 Mn |
| Sep 30, 2021 | 1.87 Bn |