Canadian Solar CSIQ
NASDAQ CSIQ
$13.09 -0.37 (-2.75%)
As of: Sep 10, 2026 · 12:56 PM EDT

Canadian Solar (CSIQ) Research & Development (2009 - 2026)

Canadian Solar's (CSIQ) quarterly Research & Development came in at $20.8 million in Q2 2026, down 15.87% on a YoY basis from $24.7 million in Q2 2025, and little changed quarter-over-quarter from $20.7 million in Q1 2026.

Analysis

Canadian Solar (CSIQ) Research & Development (2009 - 2026) Analysis & Trends

Canadian Solar (CSIQ) has reported Research & Development for 18 consecutive years, with $20.8 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Research & Development fell 15.87% year-over-year to $20.8 million; the trailing twelve-month figure through Jun 2026 stood at $83.2 million (down 24.32% YoY), and the FY2025 full-year result was $90.7 million, down 24.92% from the prior year.
  • Research & Development was little changed at $20.8 million in Q2 2026 per CSIQ's latest filing, from $20.7 million in the prior quarter.
  • Across five years, Research & Development topped out at $34.3 million in Q1 2024 and bottomed at $13.3 million in Q1 2022.
  • Historically, Research & Development has averaged $23.5 million across 5 years, with a median of $22.4 million in 2023.
  • The sharpest annual moves came in 2024 and 2025: Research & Development surged 98.06% in 2024, then sank 34.34% in 2025.
  • Over 5 years, Research & Development stood at $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, then retreated by 4.09% to $20.8 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $20.8 million, $20.7 million, and $21.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 First Solar 22.28 Bn 20.56 Bn 605.00 Mn 76.24 Mn
2 Nextpower 12.28 Bn 11.07 Bn 335.85 Mn 44.51 Mn
3 Enphase Energy 4.86 Bn 3.93 Bn 175.01 Mn 45.66 Mn
4 Solaredge Technologies 2.08 Bn 1.50 Bn 95.15 Mn 52.75 Mn
5 T1 Energy 1.31 Bn 1.10 Bn 49.10 Mn -
6 Shoals Technologies 1.17 Bn 1.16 Bn 49.53 Mn -
7 Canadian Solar 881.85 Mn -584.65 Mn 168.48 Mn 20.80 Mn
8 Array Technologies 696.24 Mn 388.94 Mn 99.60 Mn -
9 JinkoSolar Holding 614.82 Mn -2.07 Bn 75.62 Mn -34.10 Mn
10 Toyo 132.44 Mn 22.39 Mn 36.97 Mn -1.56 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 20.80 Mn
Mar 31, 2026 20.72 Mn
Dec 31, 2025 21.68 Mn
Sep 30, 2025 20.00 Mn
Jun 30, 2025 24.72 Mn
Mar 31, 2025 24.28 Mn
Dec 31, 2024 30.48 Mn
Sep 30, 2024 30.46 Mn
Jun 30, 2024 25.58 Mn
Mar 31, 2024 34.28 Mn
Dec 31, 2023 31.50 Mn
Sep 30, 2023 28.90 Mn
Jun 30, 2023 23.14 Mn
Mar 31, 2023 17.31 Mn
Dec 31, 2022 20.61 Mn
Sep 30, 2022 17.89 Mn
Jun 30, 2022 18.05 Mn
Mar 31, 2022 13.28 Mn
Dec 31, 2021 19.31 Mn
Sep 30, 2021 13.49 Mn