KPIs & Operating Metrics(New)
Growth Metrics

Canadian Solar (CSIQ) Total Debt (2009 - 2025)

Canadian Solar (CSIQ) reported Total Debt of $5.3 billion for Q4 2025, up 36.95% year-on-year from $3.9 billion in Q4 2024, and down 99.85% quarter-over-quarter from $3504.5 billion in Q3 2025.

Canadian Solar (CSIQ) has 17 years of Total Debt data on file, last reported at $5.3 billion in Q4 2025.

  • For the quarter ending Q4 2025, Total Debt rose 36.95% year-over-year to $5.3 billion; the trailing twelve-month figure through Dec 2025 stood at $5.3 billion (up 36.95% YoY), and the FY2025 full-year result was $5.3 billion, up 36.95% from the prior year.
  • Total Debt for Q4 2025 stood at $5.3 billion, down from $3504.5 billion in the prior quarter.
  • Across five years, Total Debt topped out at $3504.5 billion in Q3 2025 and bottomed at $468.2 million in Q1 2021.
  • A 5-year average of $176.9 billion and a median of $1.3 billion in 2023 frame the typical range for Total Debt.
  • Across the five-year window, Total Debt plunged 31.51% in 2021 and soared 155798.81% in 2025, its largest moves.
  • Tracing CSIQ's Total Debt over 5 years: stood at $523.8 million in 2021, then jumped by 330.95% to $2.3 billion in 2022, then surged by 36.06% to $3.1 billion in 2023, then grew by 27.08% to $3.9 billion in 2024, then jumped by 36.95% to $5.3 billion in 2025.
  • According to Business Quant data, Total Debt over the past three periods registered $5.3 billion, $3504.5 billion, and $3.5 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 425.78 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn -
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 5.34 Bn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 572.51 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn -
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 443.39 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 181.75 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 667.21 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 2.78 Bn
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn -

Historic Data

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DateValue
Dec 31, 2025 5.34 Bn
Sep 30, 2025 3,504.48 Bn
Jun 30, 2025 3.46 Bn
Mar 31, 2025 3.03 Bn
Dec 31, 2024 3.90 Bn
Sep 30, 2024 2.25 Bn
Jun 30, 2024 1.63 Bn
Mar 31, 2024 1.60 Bn
Dec 31, 2023 3.07 Bn
Sep 30, 2023 1.08 Bn
Jun 30, 2023 1.03 Bn
Mar 31, 2023 874.68 Mn
Dec 31, 2022 2.26 Bn
Sep 30, 2022 951.54 Mn
Jun 30, 2022 790.63 Mn
Mar 31, 2022 772.59 Mn
Dec 31, 2021 523.78 Mn
Sep 30, 2021 580.21 Mn
Jun 30, 2021 536.82 Mn
Mar 31, 2021 468.21 Mn
Dec 31, 2020 456.85 Mn
Sep 30, 2020 627.95 Mn
Jun 30, 2020 590.90 Mn
Mar 31, 2020 683.59 Mn
Dec 31, 2019 629.96 Mn
Sep 30, 2019 539.47 Mn
Jun 30, 2019 477.39 Mn
Mar 31, 2019 436.82 Mn
Dec 31, 2018 1.03 Bn
Sep 30, 2018 137.87 Mn
Jun 30, 2018 232.39 Mn
Mar 31, 2018 334.47 Mn
Dec 31, 2017 2.01 Bn
Sep 30, 2017 327.15 Mn
Jun 30, 2017 281.22 Mn
Mar 31, 2017 472.87 Mn
Dec 31, 2016 2.09 Bn
Sep 30, 2016 623.59 Mn
Jun 30, 2016 846.75 Mn
Mar 31, 2016 844.47 Mn
Dec 31, 2015 696.58 Mn
Sep 30, 2015 522.02 Mn
Jun 30, 2015 356.52 Mn
Mar 31, 2015 128.71 Mn
Dec 31, 2014 134.75 Mn
Sep 30, 2014 147.57 Mn
Jun 30, 2014 154.44 Mn
Mar 31, 2014 169.17 Mn
Dec 31, 2013 929.90 Mn
Sep 30, 2013 192.07 Mn
Jun 30, 2013 255.39 Mn
Mar 31, 2013 205.94 Mn
Dec 31, 2012 1.07 Bn
Sep 30, 2012 226.69 Mn
Jun 30, 2012 137.89 Mn
Mar 31, 2012 88.34 Mn
Dec 31, 2011 831.94 Mn
Sep 30, 2011 153.90 Mn
Jun 30, 2011 194.41 Mn
Mar 31, 2011 94.32 Mn
Dec 31, 2010 71.90 Mn
Jun 30, 2010 13.25 Mn
Mar 31, 2010 28.06 Mn
Dec 31, 2009 29.81 Mn
Sep 30, 2009 32.60 Mn
Jun 30, 2009 30.91 Mn
Mar 31, 2009 45.35 Mn