KPIs & Operating Metrics(New)
Growth Metrics

Canadian Solar (CSIQ) Receivables Refunds (2009 - 2025)

Canadian Solar (CSIQ) reported Receivables Refunds of $252.3 million for Q4 2025, up 13.86% year-on-year from $221.5 million in Q4 2024, and down 99.9% quarter-over-quarter from $253.7 billion in Q3 2025.

Canadian Solar (CSIQ) has 17 years of Receivables Refunds data on file, last reported at $252.3 million in Q4 2025.

  • For the quarter ending Q4 2025, Receivables Refunds rose 13.86% year-over-year to $252.3 million; the trailing twelve-month figure through Dec 2025 stood at $252.3 million (up 13.86% YoY), and the FY2025 full-year result was $252.3 million, up 13.86% from the prior year.
  • Receivables Refunds for Q4 2025 stood at $252.3 million, down from $253.7 billion in the prior quarter.
  • Across five years, Receivables Refunds topped out at $253.7 billion in Q3 2025 and bottomed at $101.9 million in Q2 2022.
  • A 5-year average of $12.8 billion and a median of $165.7 million in 2023 frame the typical range for Receivables Refunds.
  • Across the five-year window, Receivables Refunds retreated 16.44% in 2022 and jumped 121166.89% in 2025, its largest moves.
  • Tracing CSIQ's Receivables Refunds over 5 years: stood at $125.9 million in 2021, then grew by 26.13% to $158.8 million in 2022, then advanced by 2.5% to $162.7 million in 2023, then surged by 36.13% to $221.5 million in 2024, then climbed by 13.86% to $252.3 million in 2025.
  • According to Business Quant data, Receivables Refunds over the past three periods registered $252.3 million, $253.7 billion, and $232.7 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Refund Receivables (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 252.25 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 252.25 Mn
Sep 30, 2025 253.73 Bn
Jun 30, 2025 232.74 Mn
Mar 31, 2025 245.40 Mn
Dec 31, 2024 221.54 Mn
Sep 30, 2024 209.24 Mn
Jun 30, 2024 171.86 Mn
Mar 31, 2024 168.62 Mn
Dec 31, 2023 162.74 Mn
Sep 30, 2023 151.73 Mn
Jun 30, 2023 186.35 Mn
Mar 31, 2023 192.81 Mn
Dec 31, 2022 158.77 Mn
Sep 30, 2022 122.06 Mn
Jun 30, 2022 101.90 Mn
Mar 31, 2022 147.59 Mn
Dec 31, 2021 125.88 Mn
Sep 30, 2021 117.98 Mn
Jun 30, 2021 121.96 Mn
Mar 31, 2021 116.71 Mn
Dec 31, 2020 102.46 Mn
Sep 30, 2020 92.76 Mn
Jun 30, 2020 109.36 Mn
Mar 31, 2020 106.22 Mn
Dec 31, 2019 108.92 Mn
Sep 30, 2019 100.09 Mn
Jun 30, 2019 100.51 Mn
Mar 31, 2019 129.02 Mn
Dec 31, 2018 107.22 Mn
Sep 30, 2018 111.10 Mn
Jun 30, 2018 105.35 Mn
Mar 31, 2018 88.05 Mn
Dec 31, 2017 94.50 Mn
Sep 30, 2017 85.48 Mn
Jun 30, 2017 76.75 Mn
Mar 31, 2017 76.08 Mn
Dec 31, 2016 55.68 Mn
Sep 30, 2016 41.49 Mn
Jun 30, 2016 46.40 Mn
Mar 31, 2016 66.36 Mn
Dec 31, 2015 44.62 Mn
Sep 30, 2015 42.82 Mn
Jun 30, 2015 49.68 Mn
Mar 31, 2015 34.51 Mn
Dec 31, 2014 20.27 Mn
Sep 30, 2014 26.09 Mn
Jun 30, 2014 22.07 Mn
Mar 31, 2014 16.08 Mn
Dec 31, 2013 15.70 Mn
Sep 30, 2013 16.15 Mn
Jun 30, 2013 20.24 Mn
Mar 31, 2013 21.46 Mn
Dec 31, 2012 14.48 Mn
Sep 30, 2012 9.35 Mn
Jun 30, 2012 17.62 Mn
Mar 31, 2012 23.79 Mn
Dec 31, 2011 16.97 Mn
Sep 30, 2011 91.15 Mn
Jun 30, 2011 98.42 Mn
Mar 31, 2011 61.79 Mn
Dec 31, 2010 42.30 Mn
Jun 30, 2010 33.09 Mn
Mar 31, 2010 30.09 Mn
Dec 31, 2009 39.50 Mn
Sep 30, 2009 -1.10 Mn
Jun 30, 2009 -1.16 Mn
Mar 31, 2009 -820,000.00