Canadian Solar (CSIQ) Retained Earnings (2009 - 2025)

Canadian Solar (CSIQ) posted quarterly Retained Earnings of -$78.1 million for Q4 2025, down 104.93% year-on-year from $1.6 billion in Q4 2024, and up 99.93% on a QoQ basis from -$114.8 billion in Q3 2025.

Canadian Solar (CSIQ) Retained Earnings (2009 - 2025) Analysis & Trends

Canadian Solar (CSIQ) has reported Retained Earnings for 17 consecutive years, with -$78.1 million the latest figure, recorded in Q4 2025.

  • Quarterly Retained Earnings fell 104.93% year-over-year to -$78.1 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$78.1 million (down 104.93% YoY) and the FY2025 annual result came in at -$78.1 million, down 104.93% from the prior year.
  • Retained Earnings rose to -$78.1 million in Q4 2025 per CSIQ's latest filing, from -$114.8 billion in the prior quarter.
  • Over the last five years, Retained Earnings for CSIQ reached as high as $1.6 billion in Q4 2024 and fell as low as -$114.8 billion in Q3 2025.
  • A 5-year average of -$5.8 billion and a median of -$134.2 million in 2023 frame the typical range for Retained Earnings.
  • Annual changes were most pronounced in 2024 — Retained Earnings soared 1435.44% — and 2025, when it plunged 113026.55%.
  • Year by year, Retained Earnings stood at -$50.6 million in 2021, then slumped by 237.16% to -$170.6 million in 2022, then soared by 30.38% to -$118.7 million in 2023, then surged by 1435.44% to $1.6 billion in 2024, then tumbled by 104.93% to -$78.1 million in 2025.
  • According to Business Quant data, Retained Earnings over the past three periods registered -$78.1 million, -$114.8 billion, and -$115.2 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn -168.20 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn -1.97 Bn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn -5.82 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn -
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn -1.49 Bn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 64.41 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 131.86 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn -78.13 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn -8.16 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn 118.39 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -78.13 Mn
Sep 30, 2025 -114.81 Bn
Jun 30, 2025 -115.18 Mn
Mar 31, 2025 -199.86 Mn
Dec 31, 2024 1.59 Bn
Sep 30, 2024 -101.49 Mn
Jun 30, 2024 -215.62 Mn
Mar 31, 2024 -166.04 Mn
Dec 31, 2023 -118.74 Mn
Sep 30, 2023 -179.65 Mn
Jun 30, 2023 -158.78 Mn
Mar 31, 2023 -149.72 Mn
Dec 31, 2022 -170.55 Mn
Sep 30, 2022 -236.60 Mn
Jun 30, 2022 -152.21 Mn
Mar 31, 2022 -44.28 Mn
Dec 31, 2021 -50.58 Mn
Sep 30, 2021 -68.02 Mn
Jun 30, 2021 -45.72 Mn
Mar 31, 2021 -53.87 Mn