Canadian Solar (CSIQ) Work In Process (2011 - 2025)
Canadian Solar (CSIQ) posted quarterly Work In Process of $80.3 million for Q4 2025, down 48.95% year-on-year from $157.3 million in Q4 2024, and down 48.95% on a QoQ basis from $157.3 million in Q4 2024.
Canadian Solar (CSIQ) Work In Process (2011 - 2025) Analysis & Trends
Canadian Solar (CSIQ) has reported Work In Process for 15 consecutive years, with $80.3 million the latest figure, recorded in Q4 2025.
- Quarterly Work In Process fell 48.95% year-over-year to $80.3 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $80.3 million (down 48.95% YoY) and the FY2025 annual result came in at $80.3 million, down 48.95% from the prior year.
- Work In Process declined to $80.3 million in Q4 2025 per CSIQ's latest filing, from $157.3 million in the prior quarter.
- Over the last five years, Work In Process for CSIQ reached as high as $265.1 million in Q4 2022 and fell as low as $80.3 million in Q4 2025.
- A 5-year average of $151.9 million and a median of $139.1 million in 2023 frame the typical range for Work In Process.
- Annual changes were most pronounced in 2022 — Work In Process surged 125.61% — and 2025, when it tumbled 48.95%.
- Year by year, Work In Process stood at $117.5 million in 2021, then soared by 125.61% to $265.1 million in 2022, then slumped by 47.52% to $139.1 million in 2023, then increased by 13.06% to $157.3 million in 2024, then slumped by 48.95% to $80.3 million in 2025.
- According to Business Quant data, Work In Process over the past three periods registered $80.3 million, $157.3 million, and $139.1 million for Q4 2025, Q4 2024, and Q4 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 80.30 Mn |
| Dec 31, 2024 | 157.29 Mn |
| Dec 31, 2023 | 139.12 Mn |
| Dec 31, 2022 | 265.11 Mn |
| Dec 31, 2021 | 117.51 Mn |
| Dec 31, 2020 | 69.13 Mn |
| Dec 31, 2019 | 74.11 Mn |
| Dec 31, 2018 | 46.82 Mn |
| Dec 31, 2017 | 59.58 Mn |
| Dec 31, 2016 | 22.78 Mn |
| Dec 31, 2015 | 18.90 Mn |
| Dec 31, 2014 | 33.21 Mn |
| Dec 31, 2013 | 25.18 Mn |
| Dec 31, 2012 | 16.74 Mn |
| Dec 31, 2011 | 49.16 Mn |