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Growth Metrics

Canadian Solar (CSIQ) Raw Materials (2011 - 2025)

Canadian Solar (CSIQ) reported 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% quarter-over-quarter from $233.0 million in Q4 2024.

Canadian Solar (CSIQ) has 15 years of Raw Materials data on file, last reported at $273.0 million in Q4 2025.

  • For the quarter ending Q4 2025, Raw Materials rose 17.17% year-over-year to $273.0 million; the trailing twelve-month figure through Dec 2025 stood at $273.0 million (up 17.17% YoY), and the FY2025 full-year result was $273.0 million, up 17.17% from the prior year.
  • Raw Materials for Q4 2025 stood at $273.0 million, up from $233.0 million in the prior quarter.
  • Across five years, Raw Materials topped out at $310.4 million in Q4 2022 and bottomed at $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.
  • Across the five-year window, Raw Materials soared 99.7% in 2022 and declined 28.21% in 2023, its largest moves.
  • Tracing CSIQ's Raw Materials over 5 years: 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 26.65 Bn 24.22 Bn 486.13 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn

Historic Data

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DateValue
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