Canadian Solar (CSIQ) Tax Rate (2009 - 2023)
Canadian Solar (CSIQ) recorded Tax Rate of -120.07% in Q2 2026, down 101.23 percentage points from -18.84% a year earlier and down 108.13 percentage points from the prior quarter.
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Analysis
Canadian Solar (CSIQ) Tax Rate (2009 - 2023) Analysis & Trends
On a TTM basis, Canadian Solar's Tax Rate came in at -14.92% as of Jun 30, 2026, down 27.42 percentage points year-over-year; for FY2025, it was 10.05%, up 30.19 percentage points from FY2024.
- Annual Tax Rate has a five-year change of +8.58 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at -20.14% in FY2024 (-5.58 pp), -14.56% in FY2023 (+6.01 pp), -20.58% in FY2022 (+5.31 pp) and -25.89% in FY2021 (-27.36 pp).
- The Q2 2026 figure is the lowest quarterly Tax Rate since Q1 2025.
- On a year-over-year basis, Tax Rate rose in three of the last eight quarters, with an average year-over-year change of -19.47 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 1028.66 percentage points in Q1 2026, against a drop of 1019.04 percentage points in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at -11.94% (Q1 2026), -62.89% (Q4 2025) and -7.59% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | 27.67% |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | 0.33% |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | - |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | 23.07% |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | 22.68% |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | 23.89% |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | 27.54% |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | 12.64% |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | 28.44% |
| 10 | Canadian Solar | 669.96 Mn | -4.20 Bn | 168.48 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 18.73% |
| Mar 31, 2022 | 255.95% |
| Sep 30, 2021 | 9.16% |
| Jun 30, 2021 | 10.09% |
| Dec 31, 2020 | 184.22% |
| Mar 31, 2020 | 35.35% |
| Sep 30, 2015 | 14.35% |
| Dec 31, 2010 | 28.52% |
| Sep 30, 2010 | 19.24% |
| Jun 30, 2010 | 3.71% |
| Mar 31, 2010 | 51.23% |
| Sep 30, 2009 | 4.17% |
| Jun 30, 2009 | 6.17% |
API Access
Canadian Solar Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=CSIQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "CSIQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=CSIQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();