Canadian Solar (CSIQ) Payables (2009 - 2025)
Canadian Solar's (CSIQ) quarterly Payables came in at $3.3 billion in Q4 2025, up 14.37% YoY from $2.9 billion in Q4 2024, and down 99.82% on a QoQ basis from $1815.9 billion in Q3 2025.
Canadian Solar (CSIQ) Payables (2009 - 2025) Analysis & Trends
Canadian Solar (CSIQ) has 17 years of Payables data on file, last reported at $3.3 billion in Q4 2025.
- Quarterly Payables rose 14.37% year-over-year to $3.3 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $3.3 billion (up 14.37% YoY) and the FY2025 annual result came in at $3.3 billion, up 14.37% from the prior year.
- Payables declined to $3.3 billion in Q4 2025, from $1815.9 billion in the prior quarter.
- In the past five years, Payables ranged from a high of $1815.9 billion in Q3 2025 to a low of $706.1 million in Q1 2021.
- A 5-year average of $92.6 billion and a median of $2.1 billion in 2021 frame the typical range for Payables.
- Annual changes were most pronounced in 2024 — Payables tumbled 35.03% — and 2025, when it surged 115892.37%.
- Tracing CSIQ's Payables over 5 years: stood at $2.1 billion in 2021, then advanced by 11.96% to $2.3 billion in 2022, then decreased by 4.62% to $2.2 billion in 2023, then climbed by 27.68% to $2.9 billion in 2024, then advanced by 14.37% to $3.3 billion in 2025.
- The last three Payables figures came in at $3.3 billion (Q4 2025), $1815.9 billion (Q3 2025), and $1.6 billion (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 346.33 Mn |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn | 535.97 Mn |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn | 124.59 Mn |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn | 321.42 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 460.14 Mn |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | 65.98 Mn |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn | 3.27 Bn |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn | 3.45 Bn |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn | 161.09 Mn |
| 10 | Toyo | 170.12 Mn | 93.48 Mn | 47.76 Mn | 78.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 3.27 Bn |
| Sep 30, 2025 | 1,815.93 Bn |
| Jun 30, 2025 | 1.63 Bn |
| Mar 31, 2025 | 1.61 Bn |
| Dec 31, 2024 | 2.86 Bn |
| Sep 30, 2024 | 1.57 Bn |
| Jun 30, 2024 | 1.61 Bn |
| Mar 31, 2024 | 1.71 Bn |
| Dec 31, 2023 | 2.24 Bn |
| Sep 30, 2023 | 2.19 Bn |
| Jun 30, 2023 | 2.47 Bn |
| Mar 31, 2023 | 2.42 Bn |
| Dec 31, 2022 | 2.35 Bn |
| Sep 30, 2022 | 2.27 Bn |
| Jun 30, 2022 | 2.27 Bn |
| Mar 31, 2022 | 810.40 Mn |
| Dec 31, 2021 | 2.10 Bn |
| Sep 30, 2021 | 792.45 Mn |
| Jun 30, 2021 | 768.33 Mn |
| Mar 31, 2021 | 706.13 Mn |