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

Canadian Solar (CSIQ) has reported Research & Development for 17 consecutive years, with $21.7 million the latest figure, recorded in 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 $382.6 million, up 216.74% from the prior year.
• Research & Development advanced to $21.7 million in Q4 2025 per CSIQ's latest filing, from $20.0 million in the prior quarter.
• Over the last five years, Research & Development for CSIQ reached as high as $34.3 million in Q1 2024 and fell as low as $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 surged 98.06% — and 2025, when it tumbled 34.34%.
• Year by year, Research & Development stood at $19.3 million in 2021, then climbed by 6.74% to $20.6 million in 2022, then surged by 52.88% to $31.5 million in 2023, then declined by 3.26% to $30.5 million in 2024, then fell by 28.85% to $21.7 million in 2025.
• According to Business Quant data, Research & Development over the past three periods registered $21.7 million, $20.0 million, and $24.7 million for Q4 2025, Q3 2025, and Q2 2025 respectively.