Canadian Solar (CSIQ) Work In Process (2011 - 2025)
Canadian Solar's (CSIQ) quarterly Work In Process came in at $80.3 million in Q4 2025, down 48.95% on a YoY basis from $157.3 million in Q4 2024, and down 48.95% quarter-over-quarter from $157.3 million in Q4 2024.
Analysis
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.
- For the quarter ending Q4 2025, Work In Process fell 48.95% year-over-year to $80.3 million; the trailing twelve-month figure through Dec 2025 stood at $80.3 million (down 48.95% YoY), and the FY2025 full-year result was $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.
- Across five years, Work In Process topped out at $265.1 million in Q4 2022 and bottomed at $80.3 million in Q4 2025.
- Historically, Work In Process has averaged $151.9 million across 5 years, with a median of $139.1 million in 2023.
- The sharpest annual moves came in 2022 and 2025: Work In Process surged 125.61% in 2022, then sank 48.95% in 2025.
- Over 5 years, Work In Process stood at $117.5 million in 2021, then surged by 125.61% to $265.1 million in 2022, then tumbled by 47.52% to $139.1 million in 2023, then grew by 13.06% to $157.3 million in 2024, then tumbled 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 22.13 Bn | 20.40 Bn | 605.00 Mn |
| 2 | Nextpower | 12.31 Bn | 11.10 Bn | 335.85 Mn |
| 3 | Enphase Energy | 4.90 Bn | 3.96 Bn | 175.01 Mn |
| 4 | Solaredge Technologies | 2.15 Bn | 1.57 Bn | 95.15 Mn |
| 5 | T1 Energy | 1.31 Bn | 1.10 Bn | 49.10 Mn |
| 6 | Shoals Technologies | 1.18 Bn | 1.16 Bn | 49.53 Mn |
| 7 | Canadian Solar | 879.16 Mn | -587.34 Mn | 168.48 Mn |
| 8 | Array Technologies | 697.78 Mn | 390.48 Mn | 99.60 Mn |
| 9 | JinkoSolar Holding | 609.61 Mn | -2.07 Bn | 75.62 Mn |
| 10 | Toyo | 132.44 Mn | 22.39 Mn | 36.97 Mn |
Historic Data
Download Data
Historic 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 |