Canadian Solar (CSIQ) Revenue (2009 - 2025)
Canadian Solar (CSIQ) posted quarterly Revenue of $1.2 billion for Q4 2025, down 19.99% year-on-year from $1.5 billion in Q4 2024, and down 18.17% on a QoQ basis from $1.5 billion in Q3 2025.
Canadian Solar (CSIQ) Revenue (2009 - 2025) Analysis & Trends
Canadian Solar (CSIQ) has reported Revenue for 17 consecutive years, with $1.2 billion the latest figure, recorded in Q4 2025.
- Quarterly Revenue fell 19.99% year-over-year to $1.2 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $5.6 billion (down 6.65% YoY) and the FY2025 annual result came in at $5.6 billion, down 6.65% from the prior year.
- Revenue eased to $1.2 billion in Q4 2025 per CSIQ's latest filing, from $1.5 billion in the prior quarter.
- Over the last five years, Revenue for CSIQ reached as high as $2.4 billion in Q2 2023 and fell as low as $1.1 billion in Q1 2021.
- A 5-year average of $1.6 billion and a median of $1.5 billion in 2021 frame the typical range for Revenue.
- Annual changes were most pronounced in 2021 — Revenue surged 105.46% — and 2024, when it plunged 30.82%.
- Year by year, Revenue stood at $1.5 billion in 2021, then climbed by 28.97% to $2.0 billion in 2022, then decreased by 13.67% to $1.7 billion in 2023, then fell by 10.62% to $1.5 billion in 2024, then slipped by 19.99% to $1.2 billion in 2025.
- According to Business Quant data, Revenue over the past three periods registered $1.2 billion, $1.5 billion, and $1.7 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 1.04 Bn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 880.52 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 282.90 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 1.78 Bn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 310.50 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 722.23 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 140.56 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 1.22 Bn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 223.41 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | 142.77 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.22 Bn |
| Sep 30, 2025 | 1.49 Bn |
| Jun 30, 2025 | 1.69 Bn |
| Mar 31, 2025 | 1.20 Bn |
| Dec 31, 2024 | 1.52 Bn |
| Sep 30, 2024 | 1.51 Bn |
| Jun 30, 2024 | 1.64 Bn |
| Mar 31, 2024 | 1.33 Bn |
| Dec 31, 2023 | 1.70 Bn |
| Sep 30, 2023 | 1.85 Bn |
| Jun 30, 2023 | 2.36 Bn |
| Mar 31, 2023 | 1.70 Bn |
| Dec 31, 2022 | 1.97 Bn |
| Sep 30, 2022 | 1.93 Bn |
| Jun 30, 2022 | 2.31 Bn |
| Mar 31, 2022 | 1.25 Bn |
| Dec 31, 2021 | 1.53 Bn |
| Sep 30, 2021 | 1.23 Bn |
| Jun 30, 2021 | 1.43 Bn |
| Mar 31, 2021 | 1.09 Bn |