Stocktoria
Canadian Solar Inc. CSIQ
Canadian Solar Inc. financials (annual)
Bars are annual figures from 2016 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.6B | $6.0B | $7.6B | $7.5B | $5.3B | $3.5B | $3.2B | $3.7B | $3.4B | $2.9B |
| Gross profit | $1.0B | $999.3M | $1.3B | $1.3B | $909.3M | $689.9M | $718.5M | $775.1M | $637.6M | $417.2M |
| R&D expense | $90.7M | $120.8M | $100.8M | $69.8M | $58.4M | $45.2M | $47.0M | $44.2M | $28.8M | $17.4M |
| Operating income | $43.2M | -$30.1M | $453.3M | $356.1M | $190.4M | $220.4M | $258.9M | $364.7M | $269.3M | $93.2M |
| Interest expense | — | — | $114.1M | $74.3M | $58.2M | $71.9M | $81.3M | $106.0M | $118.0M | $69.7M |
| Income tax | $14.1M | -$16.6M | $59.5M | $73.4M | $35.8M | -$2.0M | $42.1M | $62.0M | $41.0M | $18.0M |
| Net income | -$104.1M | $36.1M | $274.2M | — | — | — | — | — | — | — |
| EPS (diluted) | $-2.50 | $0.54 | $3.87 | $3.44 | $1.46 | $2.38 | $2.83 | $3.88 | $1.69 | $1.12 |
| Operating cash flow | -$252.7M | -$885.3M | $684.6M | $916.6M | -$408.3M | -$120.5M | $600.1M | $216.3M | $203.9M | -$278.1M |
| Free cash flow | — | — | -$431.8M | $289.5M | -$837.0M | — | — | -$100.0M | -$73.1M | -$564.8M |
| Cash & equivalents | $1.4B | $1.7B | $1.9B | $981.4M | $869.8M | $1.2B | $668.8M | $444.3M | $561.7M | $511.0M |
| Inventory | $1.1B | $1.2B | $1.2B | $1.5B | $1.2B | $696.0M | $554.1M | $262.0M | $346.1M | $295.4M |
| Total assets | $15.2B | $13.5B | $11.9B | $9.0B | $7.4B | $6.5B | $5.5B | $4.9B | $5.9B | $5.4B |
| Total liabilities | $10.9B | $9.4B | $8.2B | $6.7B | $5.3B | $4.6B | $4.0B | $3.6B | $4.8B | $4.5B |
| Shareholders' equity | $3.9B | $3.9B | $3.7B | $2.3B | $2.1B | $1.9B | $1.4B | $1.3B | $1.1B | $899.4M |
Growth · year-over-year · Revenue CAGR 7.8%
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth | -6.6% | -21.3% | +1.9% | +41.5% | +51.8% | +8.6% | -14.5% | +10.4% | +18.8% | -17.7% |
| Net income growth | -388.8% | -86.9% | — | — | — | — | — | — | — | — |
| EPS growth | -563.0% | -86.0% | +12.5% | +135.6% | -38.7% | -15.9% | -27.1% | +129.6% | +50.9% | -61.8% |
| Free cash flow growth | — | — | -249.2% | — | — | — | — | — | — | -275.0% |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.