Canadian Solar (CSIQ) Payables (2009 - 2026)
Canadian Solar (CSIQ) posted Payables of $4.13 billion for Q2 2026, up 25.4% from $3.29 billion a year earlier and up 13.6% from the prior quarter.
Analysis
Canadian Solar (CSIQ) Payables (2009 - 2026) Analysis & Trends
At the end of FY2025, Canadian Solar's Payables came in at $3.27 billion, up 11.3% from FY2024.
- Annual Payables has increased for seven consecutive years, with a five-year compound annual growth rate of 13.7% (FY2020 to FY2025).
- In prior years, Canadian Solar's Payables was $2.94 billion in FY2024 (+12.1%), $2.62 billion in FY2023 (+16.4%), $2.25 billion in FY2022 (+7.3%) and $2.1 billion in FY2021 (+22.1%).
- The Q2 2026 figure stands as the highest quarterly Payables in data going back to Q1 2009.
- On a year-over-year basis, Payables has increased in each of the last 27 quarters, with growth averaging 14.6% over the last eight quarters.
- The year-over-year growth in Payables has ranged between 1.1% (Q3 2025) and 52.7% (Q1 2022) over the last five years.
- According to Business Quant data, Payables for the three prior quarters was $3.63 billion (Q1 2026), $3.27 billion (Q4 2025) and $3.5 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 10.10 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 309.93 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 346.33 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 212.88 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 604.41 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 535.97 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 363.83 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 124.59 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 60.20 Mn |
| 10 | Canadian Solar | 781.17 Mn | -5.03 Bn | 168.48 Mn | 4.13 Bn |
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 | 2.94 Bn |
| Sep 30, 2024 | 3.46 Bn |
| Jun 30, 2024 | 2.88 Bn |
| Mar 31, 2024 | 3.00 Bn |
| Dec 31, 2023 | 2.62 Bn |
| Sep 30, 2023 | 2.62 Bn |
| Jun 30, 2023 | 2.67 Bn |
| Mar 31, 2023 | 2.56 Bn |
| Dec 31, 2022 | 2.25 Bn |
| Sep 30, 2022 | 2.14 Bn |
| Jun 30, 2022 | 2.22 Bn |
| Mar 31, 2022 | 2.13 Bn |
| Dec 31, 2021 | 2.10 Bn |
| Sep 30, 2021 | 1.62 Bn |
API Access
Canadian Solar Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payables&ticker=CSIQ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "ticker": "CSIQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=payables&ticker=CSIQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();