Canadian Solar (CSIQ) Tax Rate (2009 - 2025)
Canadian Solar's (CSIQ) quarterly Tax Rate came in at 3.52% in Q4 2025, up 443.0% YoY from 0.65% in Q4 2024, and down 103.76% on a QoQ basis from 93.72% in Q3 2025.
Canadian Solar (CSIQ) Tax Rate (2009 - 2025) Analysis & Trends
Canadian Solar (CSIQ) has 17 years of Tax Rate data on file, last reported at 3.52% in Q4 2025.
- Quarterly Tax Rate rose 443.0% year-over-year to 3.52% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 10.05% (up 3019.0% YoY) and the FY2025 annual result came in at 25.0%, up 486.0% from the prior year.
- Tax Rate retreated to 3.52% in Q4 2025, from 93.72% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 255.95% in Q1 2022 to a low of 96.97% in Q3 2024.
- A 5-year average of 2.73% and a median of 20.53% in 2022 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate surged 30873 bps — and 2023, when it slumped 27834 bps.
- Tracing CSIQ's Tax Rate over 5 years: stood at 41.12% in 2021, then soared by 53 bps to 19.51% in 2022, then sank by 58 bps to 30.89% in 2023, then soared by 74 bps to 7.95% in 2024, then soared by 56 bps to 3.52% in 2025.
- The last three Tax Rate figures came in at 3.52% (Q4 2025), 93.72% (Q3 2025), and 42.29% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 8.01% |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | 16.88% |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 41.71% |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | 1.87% |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | -8.19% |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 21.67% |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | -3.52% |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | -31.47% |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | 23.33% |
| 10 | Toyo | 181.99 Mn | 105.35 Mn | 47.76 Mn | -16.30% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -3.52% |
| Dec 31, 2025 | -3.52% |
| Dec 31, 2025 | -3.52% |
| Sep 30, 2025 | 93.72% |
| Sep 30, 2025 | 93.72% |
| Sep 30, 2025 | 93.72% |
| Jun 30, 2025 | -42.29% |
| Jun 30, 2025 | -42.29% |
| Jun 30, 2025 | -42.29% |
| Mar 31, 2025 | -24.15% |
| Mar 31, 2025 | -24.15% |
| Mar 31, 2025 | -24.15% |
| Dec 31, 2024 | -7.95% |
| Dec 31, 2024 | -7.95% |
| Dec 31, 2024 | -7.95% |
| Sep 30, 2024 | -96.97% |
| Sep 30, 2024 | -96.97% |
| Sep 30, 2024 | -96.97% |
| Jun 30, 2024 | -13.05% |
| Jun 30, 2024 | -13.05% |