Canadian Solar (CSIQ) Total Debt (2009 - 2025)
Canadian Solar's (CSIQ) quarterly Total Debt came in at $8.4 billion in Q4 2025, up 115.21% YoY from $3.9 billion in Q4 2024, and down 99.86% on a QoQ basis from $5927.9 billion in Q3 2025.
Canadian Solar (CSIQ) Total Debt (2009 - 2025) Analysis & Trends
Canadian Solar (CSIQ) has 17 years of Total Debt data on file, last reported at $8.4 billion in Q4 2025.
- Quarterly Total Debt rose 115.21% year-over-year to $8.4 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $8.4 billion (up 115.21% YoY) and the FY2025 annual result came in at $8.4 billion, up 115.21% from the prior year.
- Total Debt eased to $8.4 billion in Q4 2025, from $5927.9 billion in the prior quarter.
- In the past five years, Total Debt ranged from a high of $5927.9 billion in Q3 2025 to a low of $523.8 million in Q4 2021.
- A 5-year average of $299.4 billion and a median of $2.7 billion in 2023 frame the typical range for Total Debt.
- Annual changes were most pronounced in 2021 — Total Debt declined 12.4% — and 2025, when it surged 124795.35%.
- 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 climbed by 16.1% to $2.6 billion in 2023, then surged by 48.92% to $3.9 billion in 2024, then surged by 115.21% to $8.4 billion in 2025.
- The last three Total Debt figures came in at $8.4 billion (Q4 2025), $5927.9 billion (Q3 2025), and $5.7 billion (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 37.64 Mn |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn | 572.84 Mn |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn | 14.53 Bn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | - |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | 196.75 Mn |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn | 8.40 Bn |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn | 2.75 Bn |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn | 668.72 Mn |
| 10 | Toyo | 170.12 Mn | 93.48 Mn | 47.76 Mn | 2.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 8.40 Bn |
| Sep 30, 2025 | 5,927.86 Bn |
| Jun 30, 2025 | 5.73 Bn |
| Mar 31, 2025 | 5.14 Bn |
| Dec 31, 2024 | 3.90 Bn |
| Sep 30, 2024 | 4.75 Bn |
| Jun 30, 2024 | 3.66 Bn |
| Mar 31, 2024 | 3.77 Bn |
| Dec 31, 2023 | 2.62 Bn |
| Sep 30, 2023 | 2.78 Bn |
| Jun 30, 2023 | 2.91 Bn |
| Mar 31, 2023 | 2.62 Bn |
| Dec 31, 2022 | 2.26 Bn |
| Sep 30, 2022 | 2.17 Bn |
| Jun 30, 2022 | 2.15 Bn |
| Mar 31, 2022 | 2.04 Bn |
| Dec 31, 2021 | 523.78 Mn |
| Sep 30, 2021 | 1.66 Bn |
| Jun 30, 2021 | 1.40 Bn |
| Mar 31, 2021 | 1.68 Bn |