Canadian Solar (CSIQ) Retained Earnings (2009 - 2025)
Canadian Solar's (CSIQ) quarterly Retained Earnings came in at -$78.1 million in Q4 2025, down 104.93% YoY 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 17 years of Retained Earnings data on file, last reported at -$78.1 million 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 advanced to -$78.1 million in Q4 2025, from -$114.8 billion in the prior quarter.
- In the past five years, Retained Earnings ranged from a high of $1.6 billion in Q4 2024 to a low of -$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 surged 1435.44% — and 2025, when it sank 113026.55%.
- Tracing CSIQ's Retained Earnings over 5 years: stood at -$50.6 million in 2021, then sank 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 slumped by 104.93% to -$78.1 million in 2025.
- The last three Retained Earnings figures came in at -$78.1 million (Q4 2025), -$114.8 billion (Q3 2025), and -$115.2 million (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 7.56 Bn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | 4.36 Bn |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 1.36 Bn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | 6.97 Bn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 1.93 Bn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 498.50 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | 1.48 Bn |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | - |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | -396.52 Mn |
| 10 | Toyo | 181.99 Mn | 105.35 Mn | 47.76 Mn | 118.39 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |