Canadian Solar Income Statement (2009-2025) | CSIQ

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Income Statement	Mar2021	Jun2021	Sep2021	Dec2021	Mar2022	Jun2022	Sep2022	Dec2022	Mar2023	Jun2023	Sep2023	Dec2023	Mar2024	Jun2024	Sep2024	Dec2024	Mar2025	Jun2025	Sep2025	Dec2025
Revenue & cost
Revenue (Quarter)	1,089.34M	1,429.66M	1,229.45M	1,528.72M	1,250.35M	2,314.19M	1,932.48M	1,971.60M	1,701.28M	2,364.02M	1,846.29M	1,702.04M	1,329.11M	1,635.43M	1,507.62M	1,521.24M	1,196.62M	1,693.87M	1,487.40M	1,217.21M
Cost of Revenue (Quarter)	894.74M	1,244.87M	1,000.82M	1,227.42M	1,069.46M	1,943.14M	1,569.91M	1,622.97M	1,383.28M	1,923.45M	1,538.28M	1,488.63M	1,076.36M	1,353.34M	1,260.19M	1,304.20M	1,056.13M	1,188.84M	1,231.10M	1,092.81M
Gross Profit (Quarter)	194.60M	184.79M	228.63M	301.29M	180.89M	371.05M	362.57M	348.63M	318.00M	440.57M	308.00M	213.40M	252.75M	282.09M	247.44M	217.04M	140.49M	505.03M	256.30M	124.40M
Operating items
Research & Development (Quarter)	12.45M	13.16M	13.49M	19.31M	13.28M	18.05M	17.89M	20.61M	17.31M	23.14M	28.90M	31.50M	34.28M	25.58M	30.46M	30.48M	24.28M	24.72M	20.00M	21.68M
Selling, General & Administrative (Quarter)	67.46M	68.58M	83.24M	89.66M	62.81M	87.92M	102.19M	89.21M	78.65M	139.57M	114.03M	108.24M	94.69M	100.91M	99.99M	219.61M	105.65M	252.67M	116.54M	106.95M
Other Operating Expenses (Quarter)	71.21M	76.67M	78.80M	124.90M	89.29M	148.96M	153.82M	103.05M	76.44M	53.74M	82.06M	73.09M	74.71M	107.95M	116.69M	94.05M	65.36M	100.21M	85.17M	59.83M
Operating Expenses (Quarter)	151.12M	158.41M	175.54M	233.87M	165.38M	254.93M	273.90M	212.87M	172.40M	216.45M	224.99M	212.83M	203.68M	234.44M	247.14M	344.13M	195.30M	377.60M	221.71M	188.46M
Operating Income (Quarter)	43.48M	26.38M	53.09M	67.42M	15.52M	116.12M	88.67M	135.76M	145.60M	224.12M	83.02M	0.58M	49.07M	47.65M	0.29M	-127.10M	-54.80M	127.43M	34.59M	-64.06M
EBIT (Quarter)	43.48M	26.38M	53.09M	67.42M	15.52M	116.12M	88.67M	135.76M	145.60M	224.12M	83.02M	0.58M	49.07M	47.65M	0.29M	-127.10M	-54.80M	127.43M	34.59M	-64.06M
Non-operating items
Non Operating Investment Income (Quarter)	1.26M	5.15M	2.89M	9.33M	-5.52M	6.98M	-3.23M	2.63M	8.38M	1.96M	2.33M	1.97M	0.17M	-0.83M	3.43M	-1.33M	1.09M	1.67M	4.51M	0.12M
Interest & Investment Income (Quarter)	3.25M	2.84M	2.25M	2.71M	4.21M	4.22M	22.90M	9.29M	7.96M	9.46M	18.58M	15.63M	34.30M	14.12M	13.74M	26.30M	12.10M	9.92M	15.08M	8.96M
Other Non Operating Income (Quarter)	-19.65M	8.88M	-23.53M	-12.94M	27.86M	11.33M	26.88M	11.61M	-20.86M	57.53M	-13.18M	7.06M	12.91M	12.49M	-18.66M	40.01M	-4.59M	-7.32M	3.19M	-8.04M
Non Operating Income (Quarter)	-17.24M	-10.07M	-21.66M	-2.94M	-13.49M	-2.04M	39.68M	-23.74M	-17.37M	14.71M	-26.51M	-15.63M	-4.18M	-7.17M	-20.74M	-20.13M	-40.93M	-46.30M	-42.20M	-54.47M
Net income details
EBT (Quarter)	61.40M	44.01M	68.50M	64.48M	2.02M	114.07M	128.35M	112.02M	128.23M	238.84M	56.51M	-15.05M	44.90M	40.48M	48.22M	-65.40M	-2.22M	182.16M	94.08M	-6.64M
Tax Provisions (Quarter)	-13.85M	1.65M	2.88M	-26.52M	5.18M	-27.73M	-28.95M	-21.85M	-28.71M	-46.02M	10.58M	4.65M	-9.68M	-5.28M	19.83M	11.71M	23.12M	-34.31M	-7.14M	4.18M
Profit After Tax (Quarter)	13.60M	18.54M	38.13M	39.61M	8.93M	88.56M	102.24M	98.82M	106.83M	197.54M	62.47M	-3.20M	36.22M	27.42M	-6.07M	-135.44M	76.65M	44.77M	21.08M	130.80M
Equity Income (Quarter)				1.65M	1.73M	2.21M	2.85M	8.65M	7.31M	4.72M	-4.62M	7.20M	1.00M	-7.78M	-5.45M	0.09M	-4.04M	-2.05M	-6.32M	-16.45M
Income from Non-Controlling Interests (Quarter)	-9.18M	7.28M	2.88M	13.65M	-0.27M	14.09M	23.78M	20.99M	23.12M	27.57M	40.58M	-1.81M	23.87M	23.60M	7.96M	-169.34M	-42.68M	37.57M	-30.06M	-44.46M
Income from Continuing Operations (Quarter)	75.26M	42.37M	65.62M	91.00M	-3.16M	141.80M	157.31M	133.87M	156.95M	284.86M	45.93M	-19.70M	54.57M	45.77M	28.39M	-77.11M	-25.34M	216.47M	101.22M	-10.82M
Consolidated Net Income (Quarter)	75.26M	42.37M	65.62M	91.00M	-3.16M	141.80M	157.31M	133.87M	156.95M	284.86M	45.93M	-19.70M	54.57M	45.77M	28.39M	-77.11M	-25.34M	216.47M	101.22M	-10.82M
Income towards Parent Company (Quarter)	75.26M	42.37M	65.62M	91.00M	-3.16M	141.80M	157.31M	133.87M	156.95M	284.86M	45.93M	-19.70M	54.57M	45.77M	28.39M	-77.11M	-25.34M	216.47M	101.22M	-10.82M
Net Income towards Common Stockholders (Quarter)	22.78M	11.26M	35.24M	25.96M	9.21M	74.46M	78.47M	77.83M	83.71M	169.97M	21.89M	-1.39M	12.35M	3.82M	14.03M	33.90M	33.97M	7.20M	8.99M	-86.34M
Additional items
EPS (Basic) (Quarter)	0.03	0.02	0.04	0.03	0.07M	0.06M	0.03M	0.02M	0.10	0.04M	0.01M	0.00	0.01	0.02M	0.05M	0.04	0.05M	0.09M	0.13M	-0.10
EPS (Weighted Average and Diluted) (Quarter)	0.06M	0.02M	0.03M	0.02M	0.07M	0.06M	0.03M	0.02M	0.07M	0.05M	0.01M	-358.14	0.07M	0.02M	0.05M	0.06M	0.05M	0.09M	0.13M	-0.03M
Shares Outstanding (Weighted Average) (Quarter)	687.03M	744.89M	792.73M	835.54M	140.00	0.00M	0.00M	0.00M	835.54M	0.00M	0.00M	835.54M	835.54M	210.00	310.00	835.54M	690.00	80.00	70.00	835.54M
Shares Outstanding (Diluted Average) (Quarter)	360.00	540.00	0.00M	0.00M	140.00	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	190.00	210.00	310.00	540.00	690.00	80.00	70.00	0.00M
EBITDA (Quarter)	43.48M	26.38M	53.09M	67.42M	15.52M	116.12M	88.67M	135.76M	145.60M	224.12M	83.02M	0.58M	49.07M	47.65M	0.29M	-127.10M	-54.80M	127.43M	34.59M	-64.06M
Interest Expenses (Quarter)	-14.67M	-14.79M	-13.15M	-15.53M	-15.30M	-19.71M	-19.06M	-20.20M	-20.45M	-30.45M	-29.95M	-33.25M	-34.87M	-33.02M	-34.18M	-35.40M	-40.49M	-44.81M	-44.41M	-48.46M
Tax Rate (Quarter)	-22.56%	3.74%	4.20%	-41.12%	255.95%	-24.31%	-22.56%	-19.51%	-22.39%	-19.27%	18.73%	-30.89%	-21.55%	-13.05%	41.12%	-17.90%	-1,040.59%	-18.84%	-7.59%	-62.89%

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Canadian Solar Income Statement (2009-2025) | CSIQ

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Canadian Solar Income Statement (2009-2025) | CSIQ

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