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

Canadian Solar (CSIQ) recorded quarterly Retained Earnings of $1.5 billion in Q4 2025, up 101.29% on a QoQ basis from -$114.8 billion in Q3 2025, and up 854.48% year-over-year from $155.2 million in Q4 2024.

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

Canadian Solar has disclosed Retained Earnings across 17 years of filings, most recently posting $1.5 billion for Q4 2025.

  • Quarterly Retained Earnings rose 854.48% year-over-year to $1.5 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $1.5 billion (up 854.48% YoY) and the FY2025 annual result came in at $1.5 billion, up 854.48% from the prior year.
  • Retained Earnings rose to $1.5 billion in Q4 2025, from -$114.8 billion in the prior quarter.
  • Over five years, Retained Earnings peaked at $1.5 billion in Q4 2023 and troughed at -$114.8 billion in Q3 2025.
  • A 5-year average of -$5.6 billion and a median of -$151.0 million in 2022 frame the typical range for Retained Earnings.
  • Annual changes were most pronounced in 2021 — Retained Earnings jumped 3710.84% — and 2025, when it sank 113026.55%.
  • Tracing CSIQ's Retained Earnings over 5 years: stood at $1.0 billion in 2021, then slumped by 116.47% to -$170.6 million in 2022, then soared by 1008.65% to $1.5 billion in 2023, then sank by 112.67% to -$196.4 million in 2024, then soared by 854.48% to $1.5 billion in 2025.
  • Business Quant data shows CSIQ's Retained Earnings at $1.5 billion in Q4 2025, -$114.8 billion in Q3 2025, and -$115.2 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn -168.20 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 183,000.00
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn -211.30 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 4.94 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn -3.66 Bn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 131.86 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn -420.86 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn -
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn -142.16 Mn
10 Canadian Solar 41,875.00 578.43 Mn 124.40 Mn 1.48 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 1.48 Bn
Sep 30, 2025 -114.81 Bn
Jun 30, 2025 -115.18 Mn
Mar 31, 2025 -199.86 Mn
Dec 31, 2024 -196.38 Mn
Sep 30, 2024 -101.49 Mn
Jun 30, 2024 -215.62 Mn
Mar 31, 2024 -166.04 Mn
Dec 31, 2023 1.55 Bn
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 1.04 Bn
Sep 30, 2021 -68.02 Mn
Jun 30, 2021 -45.72 Mn
Mar 31, 2021 -53.87 Mn