Canadian Solar (CSIQ) Payables (2009 - 2025)
Canadian Solar (CSIQ) posted quarterly Payables of $3.3 billion for Q4 2025, up 14.37% year-on-year 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 reported Payables for 17 consecutive years, with $3.3 billion the latest figure, recorded 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 slipped to $3.3 billion in Q4 2025 per CSIQ's latest filing, from $1815.9 billion in the prior quarter.
- Over the last five years, Payables for CSIQ reached as high as $1815.9 billion in Q3 2025 and fell as low as $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 slumped 35.03% — and 2025, when it soared 115892.37%.
- Year by year, Payables stood at $2.1 billion in 2021, then increased by 11.96% to $2.3 billion in 2022, then declined by 4.62% to $2.2 billion in 2023, then rose by 27.68% to $2.9 billion in 2024, then increased by 14.37% to $3.3 billion in 2025.
- According to Business Quant data, Payables over the past three periods registered $3.3 billion, $1815.9 billion, and $1.6 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 306.83 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 533.49 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 113.46 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 3.45 Bn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 404.51 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 343.23 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 80.43 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 3.27 Bn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 142.17 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 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 |