Canadian Solar (CSIQ) Raw Materials (2011 - 2025)
Canadian Solar (CSIQ) posted quarterly Raw Materials of $273.0 million for Q4 2025, up 17.17% year-on-year from $233.0 million in Q4 2024, and up 17.17% on a QoQ basis from $233.0 million in Q4 2024.
Canadian Solar (CSIQ) Raw Materials (2011 - 2025) Analysis & Trends
Canadian Solar (CSIQ) has reported Raw Materials for 15 consecutive years, with $273.0 million the latest figure, recorded in Q4 2025.
- Quarterly Raw Materials rose 17.17% year-over-year to $273.0 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $273.0 million (up 17.17% YoY) and the FY2025 annual result came in at $273.0 million, up 17.17% from the prior year.
- Raw Materials grew to $273.0 million in Q4 2025 per CSIQ's latest filing, from $233.0 million in the prior quarter.
- Over the last five years, Raw Materials for CSIQ reached as high as $310.4 million in Q4 2022 and fell as low as $155.4 million in Q4 2021.
- A 5-year average of $238.9 million and a median of $233.0 million in 2024 frame the typical range for Raw Materials.
- Annual changes were most pronounced in 2022 — Raw Materials jumped 99.7% — and 2023, when it fell 28.21%.
- Year by year, Raw Materials stood at $155.4 million in 2021, then soared by 99.7% to $310.4 million in 2022, then declined by 28.21% to $222.8 million in 2023, then rose by 4.58% to $233.0 million in 2024, then gained by 17.17% to $273.0 million in 2025.
- According to Business Quant data, Raw Materials over the past three periods registered $273.0 million, $233.0 million, and $222.8 million for Q4 2025, Q4 2024, and Q4 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 273.05 Mn |
| Dec 31, 2024 | 233.03 Mn |
| Dec 31, 2023 | 222.83 Mn |
| Dec 31, 2022 | 310.39 Mn |
| Dec 31, 2021 | 155.43 Mn |
| Dec 31, 2020 | 90.31 Mn |
| Dec 31, 2019 | 75.72 Mn |
| Dec 31, 2018 | 47.76 Mn |
| Dec 31, 2017 | 90.30 Mn |
| Dec 31, 2016 | 71.66 Mn |
| Dec 31, 2015 | 97.33 Mn |
| Dec 31, 2014 | 95.22 Mn |
| Dec 31, 2013 | 52.61 Mn |
| Dec 31, 2012 | 40.20 Mn |
| Dec 31, 2011 | 50.06 Mn |