Canadian Solar (CSIQ)
Manufactures solar and storage products while developing and operating utility-scale energy projects.
$11.79
After hours+0.02 (+0.17%)
At close$11.77(0.00%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,846 | 1,702 | 1,329 | 1,635 | 1,508 | 1,521 | 1,197 | 1,694 | 1,487 | 1,217 | 1,078 | 1,208 |
| Cost of revenue | 1,538 | 1,489 | 1,076 | 1,353 | 1,260 | 1,304 | 1,056 | 1,189 | 1,231 | 1,093 | 807 | 1,039 |
| Gross profit | 308 | 213 | 253 | 282 | 247 | 217 | 140 | 505 | 256 | 124 | 271 | 168 |
| 225 | 234 | 217 | 234 | 247 | 344 | 195 | 378 | 222 | 188 | 198 | 240 | |
| Research & development | 29 | 32 | 34 | 26 | 30 | 30 | 24 | 25 | 20 | 22 | 21 | 21 |
| 214 | 202 | 183 | 233 | 236 | 351 | 196 | 362 | 218 | 188 | 190 | 227 | |
| Selling & marketing | 100 | 94 | 88 | 132 | 136 | 132 | 91 | 109 | 101 | 81 | 54 | 75 |
| General & administrative | 114 | 108 | 95 | 101 | 100 | 220 | 106 | 253 | 117 | 107 | 135 | 152 |
| Other expenses | −18 | 0 | 0 | −24 | −19 | −38 | −25 | −9 | −16 | −21 | −13 | −8 |
| Operating income | 83 | −20 | 35 | 48 | 0 | −127 | −55 | 127 | 35 | −64 | 73 | −71 |
| −31 | 5 | 11 | −7 | −26 | −20 | −45 | −48 | −49 | −71 | −69 | 2 | |
| Interest income | 19 | 16 | 34 | 14 | 14 | 26 | 12 | 10 | 15 | 9 | 17 | 76 |
| Interest expense | 30 | 33 | 35 | 33 | 34 | 35 | 40 | 45 | 44 | 48 | 52 | 64 |
| Other non-operating income | −3 | −38 | −44 | −26 | −13 | −15 | 0 | 1 | −2 | 6 | 12 | −67 |
| Income before tax | 52 | −15 | 46 | 40 | −26 | −147 | −100 | 79 | −14 | −135 | 3 | −69 |
| Income tax expense | −11 | −5 | 10 | 5 | −20 | −12 | −23 | 34 | 7 | −4 | 17 | 16 |
| Net income from continuing operations | 62 | −10 | 36 | 35 | −6 | −136 | −77 | 45 | −21 | −131 | −14 | −86 |
| Other adjustments | 0 | 7 | 0 | −8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 22 | −1 | 12 | 4 | −14 | 34 | −34 | 7 | 9 | −86 | −32 | −77 |
| EPS, basic | $0.33 | −$0.02 | $0.19 | $0.06 | −$0.21 | $0.51 | −$0.69 | $0.11 | $0.13 | −$1.28 | −$0.47 | −$1.13 |
| EPS, diluted | $0.32 | −$0.02 | $0.19 | $0.06 | −$0.21 | $0.48 | −$0.69 | $0.11 | $0.13 | −$1.28 | −$0.47 | −$1.13 |
| Weighted average shares, basic | 66 | 66 | 66 | 66 | 67 | 67 | 67 | 67 | 68 | 68 | 68 | 55 |
| Weighted average shares, diluted | 73 | 66 | 67 | 67 | 67 | 73 | 67 | 67 | 68 | 68 | 68 | 68 |
| EBITDA | 86 | 429 | 190 | 196 | 14 | 97 | −55 | 272 | 37 | −70 | 61 | 57 |
| Depreciation & amortization | 0 | 411 | 110 | 122 | 0 | 208 | 0 | 146 | 0 | 0 | 0 | 128 |
| EBIT | 86 | 18 | 80 | 74 | 14 | −112 | −55 | 126 | 37 | −70 | 61 | −71 |
