Canadian Solar/$CSIQ

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About Canadian Solar

Canadian Solar Inc is a Canadian solar technology and renewable energy company. It is a manufacturer of solar photovoltaic modules, a provider of battery energy storage solutions, and a developer of utility-scale solar power and battery energy storage projects.. It operates through two business segments CSI Solar and Recurrent Energy segment. The CSI Solar segment focused on solar modules and battery energy storage manufacturing and products. Its Recurrent segment focused on utility-scale solar power and battery energy storage project development and operation. Key revenue is generated from CSI Solar segment.

Ticker

$CSIQ

Sector

Semiconductors
Primary listing

Employees

17,113

Headquarters

Kitchener, Canada

Canadian Solar Metrics

BasicAdvanced
$1.1B
-
-$0.44
1.16
-

What the Analysts think about Canadian Solar

Analyst ratings (Buy, Hold, Sell) for Canadian Solar stock.

Bulls say / Bears say

In Q2 2025, net revenues reached $1.7 billion, up 42% sequentially and 4% year-over-year, as higher sales of battery energy storage systems and solar modules drove robust top-line growth (PR Newswire).
Gross margin expanded to 29.8% in Q2 2025 from 17.2% a year ago, boosted by a release of unrealized profit on sales-type leasing of a U.S. project, strong battery-storage margins, and an AD/CVD true-up adjustment (PR Newswire).
Total module shipments in Q2 2025 rose 14% quarter-over-quarter to 7.9 GW, demonstrating scale-up in manufacturing capacity and execution of utility-scale project deliveries (PR Newswire).
Canadian Solar swung to a GAAP net loss of $7 million in Q2 2025, driven by $378 million in operating expenses including impairments to project and manufacturing assets, highlighting earnings volatility (PR Newswire).
Long-term borrowings rose to $3.46 billion as of June 30, 2025, up from $2.73 billion at the end of 2024, increasing leverage and financial risk as project and trade uncertainties persist (Nasdaq).
Q3 2025 revenue guidance of $1.3 billion to $1.5 billion and expected gross margins of 14%–16% sit well below Street estimates (consensus ~$1.92 billion revenue), suggesting pressure on top-line growth and profitability in the second half (Nasdaq).
Data summarised monthly by Lightyear AI. Last updated on 8 Oct 2025.

Canadian Solar Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Canadian Solar Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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