Canadian Solar (CSIQ) Retained Earnings (2009 - 2026)
Canadian Solar's (CSIQ) quarterly Retained Earnings came in at $1.4 billion in Q2 2026, down 11.95% on a YoY basis from $1.6 billion in Q2 2025, and down 5.3% quarter-over-quarter from $1.4 billion in Q1 2026.
Analysis
Canadian Solar (CSIQ) Retained Earnings (2009 - 2026) Analysis & Trends
Canadian Solar (CSIQ) has reported Retained Earnings for 18 consecutive years, with $1.4 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Retained Earnings fell 11.95% year-over-year to $1.4 billion; the trailing twelve-month figure through Jun 2026 stood at $1.4 billion (down 11.95% YoY), and the FY2025 full-year result was $1.5 billion, down 6.57% from the prior year.
- Retained Earnings retreated to $1.4 billion in Q2 2026 per CSIQ's latest filing, from $1.4 billion in the prior quarter.
- Across five years, Retained Earnings topped out at $1.6 billion in Q4 2024 and bottomed at $1.0 billion in Q1 2022.
- Historically, Retained Earnings has averaged $1.4 billion across 5 years, with a median of $1.5 billion in 2023.
- The sharpest annual moves came in 2023 and 2026: Retained Earnings jumped 36.63% in 2023, then decreased 11.95% in 2026.
- Over 5 years, Retained Earnings stood at $1.3 billion in 2022, then increased by 21.5% to $1.5 billion in 2023, then climbed by 2.33% to $1.6 billion in 2024, then decreased by 6.57% to $1.5 billion in 2025, then dropped by 7.35% to $1.4 billion in 2026.
- According to Business Quant data, Retained Earnings over the past three periods registered $1.4 billion, $1.4 billion, and $1.5 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | 7.56 Bn |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | 4.36 Bn |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | 1.36 Bn |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | 1.93 Bn |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | 1.37 Bn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 498.50 Mn |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | 1.37 Bn |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | -396.52 Mn |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | - |
| 10 | Toyo | 131.54 Mn | 21.49 Mn | 36.97 Mn | 135.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.37 Bn |
| Mar 31, 2026 | 1.45 Bn |
| Dec 31, 2025 | 1.48 Bn |
| Sep 30, 2025 | 1.57 Bn |
| Jun 30, 2025 | 1.56 Bn |
| Mar 31, 2025 | 1.55 Bn |
| Dec 31, 2024 | 1.59 Bn |
| Sep 30, 2024 | 1.55 Bn |
| Jun 30, 2024 | 1.57 Bn |
| Mar 31, 2024 | 1.56 Bn |
| Dec 31, 2023 | 1.55 Bn |
| Sep 30, 2023 | 1.55 Bn |
| Jun 30, 2023 | 1.53 Bn |
| Mar 31, 2023 | 1.36 Bn |
| Dec 31, 2022 | 1.28 Bn |
| Sep 30, 2022 | 1.20 Bn |
| Jun 30, 2022 | 1.12 Bn |
| Mar 31, 2022 | 1.04 Bn |
| Dec 31, 2021 | 1.04 Bn |
| Sep 30, 2021 | 1.01 Bn |