Canadian Solar (CSIQ) Tax Provisions (2009 - 2026)
Canadian Solar's (CSIQ) quarterly Tax Provisions came in at -$16.3 million in Q2 2026, up 52.38% on a YoY basis from -$10.7 million in Q2 2025, and up 3.54% quarter-over-quarter from -$16.9 million in Q1 2026.
Analysis
Canadian Solar (CSIQ) Tax Provisions (2009 - 2026) Analysis & Trends
Canadian Solar (CSIQ) has reported Tax Provisions for 18 consecutive years, with -$16.3 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Provisions rose 52.38% year-over-year to -$16.3 million; the trailing twelve-month figure through Jun 2026 stood at -$36.2 million (down 278.1% YoY), and the FY2025 full-year result was -$14.1 million, down 185.36% from the prior year.
- Tax Provisions rose to -$16.3 million in Q2 2026 per CSIQ's latest filing, from -$16.9 million in the prior quarter.
- Across five years, Tax Provisions topped out at $23.1 million in Q1 2025 and bottomed at -$46.0 million in Q2 2023.
- Historically, Tax Provisions has averaged -$9.1 million across 5 years, with a median of -$8.4 million in 2024.
- The sharpest annual moves came in 2022 and 2025: Tax Provisions slumped 1785.78% in 2022, then soared 338.94% in 2025.
- Over 5 years, Tax Provisions stood at -$21.8 million in 2022, then surged by 121.28% to $4.6 million in 2023, then jumped by 151.76% to $11.7 million in 2024, then plunged by 64.31% to $4.2 million in 2025, then plunged by 491.07% to -$16.3 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered -$16.3 million, -$16.9 million, and $4.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 21.88 Bn | 20.15 Bn | 605.00 Mn | 36.81 Mn |
| 2 | Nextpower | 12.39 Bn | 11.18 Bn | 335.85 Mn | 33.57 Mn |
| 3 | Enphase Energy | 4.85 Bn | 3.91 Bn | 175.01 Mn | 25.82 Mn |
| 4 | Solaredge Technologies | 2.15 Bn | 1.57 Bn | 95.15 Mn | 2.33 Mn |
| 5 | T1 Energy | 1.36 Bn | 1.15 Bn | 49.10 Mn | 781,000.00 |
| 6 | Shoals Technologies | 1.18 Bn | 1.17 Bn | 49.53 Mn | 3.36 Mn |
| 7 | Canadian Solar | 910.82 Mn | -555.68 Mn | 168.48 Mn | -16.34 Mn |
| 8 | Array Technologies | 687.01 Mn | 379.71 Mn | 99.60 Mn | 7.40 Mn |
| 9 | JinkoSolar Holding | 638.26 Mn | -2.04 Bn | 75.62 Mn | 24.12 Mn |
| 10 | Toyo | 131.23 Mn | 21.19 Mn | 36.97 Mn | -4.03 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -16.34 Mn |
| Mar 31, 2026 | -16.94 Mn |
| Dec 31, 2025 | 4.18 Mn |
| Sep 30, 2025 | -7.14 Mn |
| Jun 30, 2025 | -34.31 Mn |
| Mar 31, 2025 | 23.12 Mn |
| Dec 31, 2024 | 11.71 Mn |
| Sep 30, 2024 | 19.83 Mn |
| Jun 30, 2024 | -5.28 Mn |
| Mar 31, 2024 | -9.68 Mn |
| Dec 31, 2023 | 4.65 Mn |
| Sep 30, 2023 | 10.58 Mn |
| Jun 30, 2023 | -46.02 Mn |
| Mar 31, 2023 | -28.72 Mn |
| Dec 31, 2022 | -21.85 Mn |
| Sep 30, 2022 | -28.96 Mn |
| Jun 30, 2022 | -27.73 Mn |
| Mar 31, 2022 | 5.18 Mn |
| Dec 31, 2021 | -26.52 Mn |
| Sep 30, 2021 | 2.88 Mn |