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

Canadian Solar (CSIQ) recorded quarterly Total Debt of $5.3 billion in Q4 2025, down 99.85% on a QoQ basis from $3504.5 billion in Q3 2025, and up 36.95% year-over-year from $3.9 billion in Q4 2024.

Canadian Solar (CSIQ) Total Debt (2009 - 2025) Analysis & Trends

Canadian Solar has disclosed Total Debt across 17 years of filings, most recently posting $5.3 billion for Q4 2025.

  • Quarterly Total Debt rose 36.95% year-over-year to $5.3 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $5.3 billion (up 36.95% YoY) and the FY2025 annual result came in at $5.3 billion, up 36.95% from the prior year.
  • Total Debt declined to $5.3 billion in Q4 2025, from $3504.5 billion in the prior quarter.
  • Over five years, Total Debt peaked at $3504.5 billion in Q3 2025 and troughed 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.
  • Annual changes were most pronounced in 2021 — Total Debt slumped 31.51% — and 2025, when it soared 155798.81%.
  • Tracing CSIQ's Total Debt over 5 years: stood at $523.8 million in 2021, then soared by 330.95% to $2.3 billion in 2022, then jumped by 36.06% to $3.1 billion in 2023, then climbed by 27.08% to $3.9 billion in 2024, then soared by 36.95% to $5.3 billion in 2025.
  • Business Quant data shows CSIQ's Total Debt at $5.3 billion in Q4 2025, $3504.5 billion in Q3 2025, and $3.5 billion in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 425.78 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn -
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 572.51 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 443.39 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 181.75 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 667.21 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 2.78 Bn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn -
10 Canadian Solar 41,875.00 578.43 Mn 124.40 Mn 5.34 Bn

Historic Data

Download Data
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