CSIQ
Income statement / Annual
Last year (2025), Canadian Solar Inc's total revenue was $5.60 B,
a decrease of 6.65% from the previous year.
In 2025, Canadian Solar Inc's net income was -$104.13 M.
See Canadian Solar Inc,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2025
|
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
| Period Ended |
12/31/2025 |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
| Operating Revenue |
$5.60 B |
$5.99 B |
$7.61 B |
$7.47 B |
$5.28 B |
$3.48 B |
$3.20 B |
$3.74 B |
$3.39 B |
$2.85 B |
| Cost of Revenue |
$4.57 B
|
$4.99 B
|
$6.33 B
|
$6.21 B
|
$4.37 B
|
$2.79 B
|
$2.48 B
|
$2.97 B
|
$2.75 B
|
$2.44 B
|
| Gross Profit |
$1.03 B
|
$999.32 M
|
$1.28 B
|
$1.26 B
|
$909.31 M
|
$689.91 M
|
$718.50 M
|
$775.08 M
|
$637.60 M
|
$417.19 M
|
| Gross Profit Ratio |
0.18
|
0.17
|
0.17
|
0.17
|
0.17
|
0.2
|
0.22
|
0.21
|
0.19
|
0.15
|
| Research and Development Expenses |
$90.69 M
|
$120.79 M
|
$100.84 M
|
$69.82 M
|
$58.41 M
|
$45.17 M
|
$47.05 M
|
$44.19 M
|
$28.78 M
|
$17.41 M
|
| General & Administrative Expenses |
$0.00
|
$515.20 M
|
$440.49 M
|
$342.13 M
|
$308.94 M
|
$225.60 M
|
$242.78 M
|
$245.38 M
|
$231.00 M
|
$203.79 M
|
| Selling & Marketing Expenses |
$0.00
|
$487.95 M
|
$369.67 M
|
$558.93 M
|
$398.65 M
|
$224.24 M
|
$180.33 M
|
$165.40 M
|
$156.03 M
|
$145.37 M
|
| Selling, General & Administrative Expenses |
$964.40 M
|
$1.00 B
|
$810.16 M
|
$901.06 M
|
$707.59 M
|
$449.84 M
|
$423.11 M
|
$410.78 M
|
$387.03 M
|
$349.16 M
|
| Other Expenses |
$0.00
|
-$94.54 M
|
-$84.34 M
|
-$63.80 M
|
-$47.07 M
|
-$25.52 M
|
-$10.54 M
|
-$11.01 M
|
-$6.47 M
|
-$2.73 M
|
| Operating Expenses |
$1.06 B
|
$1.03 B
|
$826.66 M
|
$907.08 M
|
$718.93 M
|
$469.48 M
|
$459.62 M
|
$410.43 M
|
$368.25 M
|
$324.02 M
|
| Cost And Expenses |
$5.62 B
|
$6.02 B
|
$7.16 B
|
$7.11 B
|
$5.09 B
|
$3.26 B
|
$2.94 B
|
$3.38 B
|
$3.12 B
|
$2.76 B
|
| Interest Income |
$53.44 M
|
$88.47 M
|
$51.62 M
|
$40.62 M
|
$11.05 M
|
$9.31 M
|
$12.04 M
|
$11.21 M
|
$10.48 M
|
$10.24 M
|
| Interest Expense |
$178.17 M
|
$137.47 M
|
$114.10 M
|
$74.27 M
|
$58.15 M
|
$71.87 M
|
$81.33 M
|
$106.03 M
|
$117.97 M
|
$69.72 M
|
| Depreciation & Amortization |
$0.00
|
$501.44 M
|
$307.04 M
|
$244.42 M
|
$282.77 M
|
$217.15 M
|
$178.62 M
|
$129.26 M
|
$99.27 M
|
$95.85 M
|
| EBITDA |
-$28.86 M |
$556.61 M |
$829.66 M |
$675.15 M |
$479.39 M |
$423.51 M |
$439.62 M |
$533.78 M |
$351.77 M |
$253.23 M |
| EBITDA Ratio |
-0.01
|
0.09
|
0.11
|
0.09
|
0.09
|
0.12
|
0.14
|
0.14
|
0.1
|
0.09
|
| Operating Income Ratio |
-0.01
|
-0.01
|
0.06
|
0.05
|
0.04
|
0.06
|
0.08
|
0.1
|
0.08
|
0.03
|
| Total Other Income/Expenses Net |
-$140.76 M
|
-$64.36 M
|
-$30.19 M
|
$15.85 M
|
-$44.66 M
|
-$85.95 M
|
-$79.21 M
|
-$63.60 M
|
-$105.37 M
|
$11.54 M
|
| Income Before Tax |
-$169.61 M
|
-$94.44 M
|
$423.14 M
|
$371.91 M
|
$145.72 M
|
$134.48 M
|
$179.67 M
|
$298.49 M
|
$134.52 M
|
$87.66 M
|
| Income Before Tax Ratio |
-0.03
|
-0.02
|
0.06
|
0.05
|
0.03
|
0.04
|
0.06
|
0.08
|
0.04
|
0.03
|
| Income Tax Expense |
$14.15 M
|
-$16.58 M
|
$59.50 M
|
$73.35 M
|
$35.84 M
|
-$1.98 M
|
$13.12 M
|
$61.97 M
|
$40.95 M
|
$17.98 M
|
| Net Income |
-$104.13 M
|
$36.05 M
|
$274.19 M
|
$239.97 M
|
$95.25 M
|
$146.70 M
|
$171.59 M
|
$237.07 M
|
$99.57 M
|
$65.25 M
|
| Net Income Ratio |
-0.02
|
0.01
|
0.04
|
0.03
|
0.02
|
0.04
|
0.05
|
0.06
|
0.03
|
0.02
|
| EPS |
-1.55 |
0.54 |
4.27 |
3.73 |
1.55 |
2.46 |
2.88 |
3.88 |
1.71 |
1.13 |
| EPS Diluted |
-1.55 |
0.54 |
3.87 |
3.44 |
1.46 |
2.38 |
2.84 |
3.81 |
1.69 |
1.12 |
| Weighted Average Shares Out |
$67.37 M
|
$66.62 M
|
$65.38 M
|
$64.32 M
|
$61.61 M
|
$59.58 M
|
$59.63 M
|
$61.09 M
|
$58.17 M
|
$57.52 M
|
| Weighted Average Shares Out Diluted |
$67.37 M
|
$66.94 M
|
$72.19 M
|
$71.18 M
|
$68.87 M
|
$62.31 M
|
$60.78 M
|
$62.29 M
|
$61.55 M
|
$58.06 M
|
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