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| Date | Value |
|---|---|
| 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 |