Canadian Solar (CSIQ) Total Debt (2009 - 2025)
Canadian Solar (CSIQ) posted quarterly Total Debt of $8.4 billion for Q4 2025, up 115.21% year-on-year 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 reported Total Debt for 17 consecutive years, with $8.4 billion the latest figure, recorded 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 retreated to $8.4 billion in Q4 2025 per CSIQ's latest filing, from $5927.9 billion in the prior quarter.
- Over the last five years, Total Debt for CSIQ reached as high as $5927.9 billion in Q3 2025 and fell as low as $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 fell 12.4% — and 2025, when it soared 124795.35%.
- Year by year, Total Debt stood at $523.8 million in 2021, then jumped by 330.95% to $2.3 billion in 2022, then rose 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.
- According to Business Quant data, Total Debt over the past three periods registered $8.4 billion, $5927.9 billion, and $5.7 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 | 22.08 Bn | 19.65 Bn | 486.13 Mn | 425.78 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 572.51 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 2.75 Bn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | - |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 443.39 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 181.75 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 8.40 Bn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 667.21 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | 1.36 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 |