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| Date | Value |
|---|---|
| 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% |