Canadian Solar (CSIQ) Research & Development (2009 - 2025)

Canadian Solar has disclosed Research & Development across 17 years of filings, most recently posting $21.7 million for Q4 2025.

• Quarterly Research & Development fell 28.85% year-over-year to $21.7 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $90.7 million (down 24.92% YoY) and the FY2025 annual result came in at $90.7 million, down 24.92% from the prior year.
• Research & Development advanced to $21.7 million in Q4 2025, from $20.0 million in the prior quarter.
• Over five years, Research & Development peaked at $34.3 million in Q1 2024 and troughed at $12.4 million in Q1 2021.
• A 5-year average of $22.0 million and a median of $21.1 million in 2022 frame the typical range for Research & Development.
• Annual changes were most pronounced in 2024 — Research & Development jumped 98.06% — and 2025, when it plunged 34.34%.
• Tracing CSIQ's Research & Development over 5 years: stood at $19.3 million in 2021, then advanced by 6.74% to $20.6 million in 2022, then jumped by 52.88% to $31.5 million in 2023, then dropped by 3.26% to $30.5 million in 2024, then declined by 28.85% to $21.7 million in 2025.
• Business Quant data shows CSIQ's Research & Development at $21.7 million in Q4 2025, $20.0 million in Q3 2025, and $24.7 million in Q2 2025.