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
DateValue
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