Canadian Solar (CSIQ) Tax Rate (2009 - 2025)
Canadian Solar (CSIQ) reported Tax Rate of 62.89% for Q4 2025, down 4499.0% year-on-year from 1.43% in Q4 2024, and down 728.95% quarter-over-quarter from 7.59% in Q3 2025.
Canadian Solar (CSIQ) has 17 years of Tax Rate data on file, last reported at 62.89% in Q4 2025.
- For the quarter ending Q4 2025, Tax Rate fell 4499.0% year-over-year to 62.89%; the trailing twelve-month figure through Dec 2025 stood at 5.29% (down 2960.0% YoY), and the FY2025 full-year result was 10.05%, down 3019.0% from the prior year.
- Tax Rate for Q4 2025 stood at 62.89%, down from 7.59% in the prior quarter.
- Across five years, Tax Rate topped out at 255.95% in Q1 2022 and bottomed at 1040.59% in Q1 2025.
- A 5-year average of 53.06% and a median of 19.39% in 2022 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate surged 27851 bps in 2022 and tumbled 101904 bps in 2025, its largest moves.
- 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 slumped by 58 bps to 30.89% in 2023, then jumped by 42 bps to 17.9% in 2024, then sank by 251 bps to 62.89% in 2025.
- According to Business Quant data, Tax Rate over the past three periods registered 62.89%, 7.59%, and 18.84% for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 2.18 |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 5.66 |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | -62.89 |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 46.43 |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | -2.29 |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | -2.43 |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 23.06 |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 50.91 |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | -31.47 |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | 8.57 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -62.89 |
| Dec 31, 2025 | -62.89 |
| Sep 30, 2025 | -7.59 |
| Sep 30, 2025 | -7.59 |
| Jun 30, 2025 | -18.84 |
| Jun 30, 2025 | -18.84 |
| Mar 31, 2025 | -1,040.59 |
| Mar 31, 2025 | -1,040.59 |
| Dec 31, 2024 | -17.90 |
| Dec 31, 2024 | -17.90 |
| Sep 30, 2024 | 41.12 |
| Sep 30, 2024 | 41.12 |
| Jun 30, 2024 | -13.05 |
| Jun 30, 2024 | -13.05 |
| Mar 31, 2024 | -21.55 |
| Mar 31, 2024 | -21.55 |
| Dec 31, 2023 | -30.89 |
| Dec 31, 2023 | -30.89 |
| Sep 30, 2023 | 18.73 |
| Sep 30, 2023 | 18.73 |
| Jun 30, 2023 | -19.27 |
| Jun 30, 2023 | -19.27 |
| Mar 31, 2023 | -22.39 |
| Mar 31, 2023 | -22.39 |
| Dec 31, 2022 | -19.51 |
| Dec 31, 2022 | -19.51 |
| Sep 30, 2022 | -22.56 |
| Sep 30, 2022 | -22.56 |
| Jun 30, 2022 | -24.31 |
| Jun 30, 2022 | -24.31 |
| Mar 31, 2022 | 255.95 |
| Mar 31, 2022 | 255.95 |
| Dec 31, 2021 | -41.12 |
| Dec 31, 2021 | -41.12 |
| Sep 30, 2021 | 4.20 |
| Sep 30, 2021 | 4.20 |
| Jun 30, 2021 | 3.74 |
| Jun 30, 2021 | 3.74 |
| Mar 31, 2021 | -22.56 |
| Mar 31, 2021 | -22.56 |
| Dec 31, 2020 | 10.77 |
| Dec 31, 2020 | 10.77 |
| Sep 30, 2020 | -26.12 |
| Sep 30, 2020 | -26.12 |
| Jun 30, 2020 | -13.79 |
| Jun 30, 2020 | -13.79 |
| Mar 31, 2020 | 21.48 |
| Mar 31, 2020 | 21.48 |
| Dec 31, 2019 | 26.63 |
| Dec 31, 2019 | 26.63 |
| Sep 30, 2019 | -16.45 |
| Sep 30, 2019 | -16.45 |
| Jun 30, 2019 | -31.32 |
| Jun 30, 2019 | -31.32 |
| Mar 31, 2019 | -57.63 |
| Mar 31, 2019 | -57.63 |
| Dec 31, 2018 | 31.69 |
| Dec 31, 2018 | 31.69 |
| Sep 30, 2018 | -10.71 |
| Sep 30, 2018 | -10.71 |
| Jun 30, 2018 | -9.31 |
| Jun 30, 2018 | -9.31 |
| Mar 31, 2018 | 7.83 |
| Mar 31, 2018 | 7.83 |
| Dec 31, 2017 | -17.35 |
| Dec 31, 2017 | -17.35 |
| Sep 30, 2017 | -6.50 |
| Sep 30, 2017 | -6.50 |
| Jun 30, 2017 | -15.33 |
| Jun 30, 2017 | -15.33 |
| Mar 31, 2017 | -13.00 |
| Mar 31, 2017 | -13.00 |
| Dec 31, 2016 | -49.32 |
| Dec 31, 2016 | -49.32 |
| Sep 30, 2016 | -0.10 |
| Sep 30, 2016 | -0.10 |
| Jun 30, 2016 | -30.27 |
| Jun 30, 2016 | -30.27 |
| Mar 31, 2016 | -47.80 |
| Mar 31, 2016 | -47.80 |
| Dec 31, 2015 | -32.85 |
| Dec 31, 2015 | -32.85 |
| Sep 30, 2015 | 8.02 |
| Sep 30, 2015 | 8.02 |
| Jun 30, 2015 | 5.42 |
| Jun 30, 2015 | 5.42 |
| Mar 31, 2015 | -20.91 |
| Mar 31, 2015 | -20.91 |
| Dec 31, 2014 | -25.42 |
| Dec 31, 2014 | -25.42 |
| Sep 30, 2014 | -20.00 |
| Sep 30, 2014 | -20.00 |
| Jun 30, 2014 | -14.11 |
| Jun 30, 2014 | -14.11 |
| Mar 31, 2014 | 42.25 |
| Mar 31, 2014 | 42.25 |
| Dec 31, 2013 | 127.36 |
| Dec 31, 2013 | 127.36 |
| Sep 30, 2013 | 26.39 |
| Sep 30, 2013 | 26.39 |
| Jun 30, 2013 | -38.38 |
| Jun 30, 2013 | -38.38 |
| Mar 31, 2013 | -52.45 |
| Mar 31, 2013 | -52.45 |
| Dec 31, 2012 | -3.07 |
| Dec 31, 2012 | -3.07 |
| Sep 30, 2012 | 4.04 |
| Sep 30, 2012 | 4.04 |
| Jun 30, 2012 | -9.14 |
| Jun 30, 2012 | -9.14 |
| Mar 31, 2012 | 10.29 |
| Mar 31, 2012 | 10.29 |
| Dec 31, 2011 | -37.68 |
| Dec 31, 2011 | -37.68 |
| Sep 30, 2011 | -7.10 |
| Sep 30, 2011 | -7.10 |
| Jun 30, 2011 | -21.49 |
| Jun 30, 2011 | -21.49 |
| Mar 31, 2011 | 22.70 |
| Mar 31, 2011 | 22.70 |
| Dec 31, 2010 | 4.36 |
| Dec 31, 2010 | 4.36 |
| Sep 3, 2010 | 25.91 |
| Sep 3, 2010 | 25.91 |
| Jun 30, 2010 | 3.71 |
| Jun 30, 2010 | 3.71 |
| Mar 31, 2010 | 51.23 |
| Mar 31, 2010 | 51.23 |
| Dec 31, 2009 | -15.57 |
| Dec 31, 2009 | -15.57 |
| Sep 30, 2009 | 4.17 |
| Sep 30, 2009 | 4.17 |
| Jun 30, 2009 | 6.17 |
| Jun 30, 2009 | 6.17 |
| Mar 31, 2009 | 20.69 |
| Mar 31, 2009 | 20.69 |