Canadian Solar (CSIQ) Tax Rate (2009 - 2025)

Canadian Solar (CSIQ) recorded quarterly Tax Rate of 26.78% in Q4 2025, down 252.93% on a QoQ basis from 7.59% in Q3 2025, and down 1401.0% year-over-year from 2.06% in Q4 2024.

Canadian Solar (CSIQ) Tax Rate (2009 - 2025) Analysis & Trends

Canadian Solar has disclosed Tax Rate across 17 years of filings, most recently posting 26.78% for Q4 2025.

  • Quarterly Tax Rate fell 1401.0% year-over-year to 26.78% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 64.52% (up 14206.0% YoY) and the FY2025 annual result came in at 10.05%, down 3019.0% from the prior year.
  • Tax Rate slipped to 26.78% in Q4 2025, from 7.59% in the prior quarter.
  • Over five years, Tax Rate peaked at 255.95% in Q1 2022 and troughed at 1040.59% in Q1 2025.
  • A 5-year average of 52.06% and a median of 19.39% in 2022 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2022 — Tax Rate surged 27851 bps — and 2025, when it sank 101904 bps.
  • Tracing CSIQ's Tax Rate over 5 years: stood at 41.12% in 2021, then surged by 53 bps to 19.51% in 2022, then tumbled by 58 bps to 30.89% in 2023, then soared by 59 bps to 12.77% in 2024, then plunged by 110 bps to 26.78% in 2025.
  • Business Quant data shows CSIQ's Tax Rate at 26.78% in Q4 2025, 7.59% in Q3 2025, and 18.84% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 2.18%
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 5.66%
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 46.43%
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -2.29%
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn -2.43%
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 23.06%
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 50.91%
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn -31.47%
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 8.57%
10 Canadian Solar 41,875.00 578.43 Mn 124.40 Mn -26.78%

Historic Data

Download Data
DateValue
Dec 31, 2025 -26.78%
Dec 31, 2025 -26.78%
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 -12.77%
Dec 31, 2024 -12.77%
Sep 30, 2024 20.52%
Sep 30, 2024 20.52%
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%