Canadian Solar (CSIQ) Tax Rate (2009 - 2025)
Canadian Solar (CSIQ) posted quarterly Tax Rate of 3.52% for Q4 2025, up 443.0% year-on-year 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 reported Tax Rate for 17 consecutive years, with 3.52% the latest figure, recorded 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 declined to 3.52% in Q4 2025 per CSIQ's latest filing, from 93.72% in the prior quarter.
- Over the last five years, Tax Rate for CSIQ reached as high as 255.95% in Q1 2022 and fell as low as 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 soared 30873 bps — and 2023, when it sank 27834 bps.
- Year by year, Tax Rate 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 soared by 74 bps to 7.95% in 2024, then soared by 56 bps to 3.52% in 2025.
- According to Business Quant data, Tax Rate over the past three periods registered 3.52%, 93.72%, and 42.29% for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 2.18% |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 5.66% |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 46.76% |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | -31.47% |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | -2.29% |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | -2.43% |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 23.06% |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | -3.52% |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 51.59% |
| 10 | Toyo | 182.74 Mn | 106.10 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% |