Canadian Solar Inc. Financial Summary

Complete Filing Data

Canadian Solar Inc. reported Stockholders Equity Including Portion Attributable To Noncontrolling Interest of $3.90 billion for FY2024.

All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean Canadian Solar Inc. did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.

Income Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015FY2014FY2013FY2012FY2011FY2010FY2009
Revenue *$5.99B$7.61B$7.47B$5.28B$3.48B$3.20B$3.74B$3.39B$2.85B$3.47B$2.96B$1.65B$1.29B$1.90B$1.50B$631.0M
Research And Development Expense$120.8M$100.8M$69.8M$58.4M$45.2M$47.0M$44.2M$28.8M$17.4M$17.1M$12.1M$11.7M$13.0M$19.8M$6.8M$3.2M
Profit Loss-$77.9M$363.6M$298.6M$109.9M$147.2M$166.6M$242.4M$103.0M$65.3M$173.3M$243.9M$45.6M-$195.2M-$90.9M$50.8M$22.8M
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax-$112.9M$8.1M-$150.1M-$26.3M$76.2M$319.0K-$50.6M$39.3M-$41.8M-$75.7M-$32.4M$1.9M$5.5M$17.1M$13.3M$211.8K
Operating Income Loss-$30.1M$453.3M$356.1M$190.4M$220.4M$258.9M$364.7M$269.3M$93.2M$247.4M$366.3M$130.8M-$142.5M$6.8M$120.3M$6.5M
Operating Expenses$1.03B$826.7M$907.1M$718.9M$469.5M$459.6M$410.4M$368.3M$324.0M$329.4M$214.7M$144.9M$232.9M$175.4M$108.5M$71.6M
Net Income Loss Available To Common Stockholders Basic$36.1M$274.2M$240.0M$95.2M$146.7M$171.6M$237.1M$99.6M$65.2M$171.9M$239.5M$31.7M-$195.5M-$90.8M$50.6M$22.6M
Net Income Loss Attributable To Noncontrolling Interest-$113.9M$89.4M$58.6M$14.6M$543.0K-$5.0M$5.4M$3.4M$26.0K$1.5M$4.4M$13.9M$313.6K-$99.2K$259.5K$132.3K
Income Taxes Paid Net$113.9M$83.1M$77.4M$57.4M$38.2M$40.5M$32.1M$45.5M$187.9M$87.3M$14.0M$23.8M$9.7M$30.9M$13.6M$4.4M
Income Tax Expense Benefit-$16.6M$59.5M$73.4M$35.8M-$2.0M$42.1M$62.0M$41.0M$18.0M$49.5M$77.4M$7.6M-$5.4M$16.5M$16.8M-$1.3M
Gross Profit$999.3M$1.28B$1.26B$909.3M$689.9M$718.5M$775.1M$637.6M$417.2M$576.8M$581.0M$275.7M$90.4M$182.3M$228.8M$78.1M
General And Administrative Expense$515.2M$440.5M$342.1M$308.9M$225.6M$242.8M$245.4M$231.0M$203.8M$168.0M$81.1M$44.8M$128.8M$86.3M$54.5M$46.3M
Cost Of Goods And Services Sold$4.99B$6.33B$6.21B$4.37B$2.79B$2.48B$2.97B$2.75B$2.44B$2.89B$2.38B$1.38B$1.20B$1.72B$1.27B$552.9M
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest-$189.5M$378.4M$153.8M$83.6M$230.0M$161.0M$189.2M$140.2M$35.9M$99.7M$211.4M$47.4M-$189.7M-$73.8M$64.1M$23.0M
Interest Expense$114.1M$74.3M$58.2M$71.9M$81.3M$106.0M$118.0M$69.7M$54.1M$48.9M$46.2M$53.3M$43.8M$22.2M$9.5M
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest-$145.9M$90.8M$34.3M$10.3M$2.4M-$11.1M$8.2M$2.8M$2.7M$7.8M$5.8M$12.7M$578.8K-$81.9K$228.2K
Comprehensive Income Net Of Tax-$43.6M$287.6M$119.5M$73.3M$227.6M$172.1M$181.0M$137.4M$33.3M$91.9M$205.6M$34.8M-$190.2M-$73.7M$63.9M
Nonoperating Income Expense-$52.2M-$44.8M$407.0K-$51.9M-$85.9M-$79.2M-$66.2M-$134.8M-$5.5M-$23.9M-$45.5M-$74.5M-$56.1M-$81.2M
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments-$82.3M$408.5M$356.5M$138.5M$134.5M$179.7M$298.5M$134.5M$87.7M$223.5M$320.8M$56.3M-$198.6M-$74.3M
Asset Impairment Charges$65.3M$5.9M$60.3M$6.1M$11.9M$21.9M$31.0M$11.6M$22.8M$7.0M$1.6M$3.7M$0.00$0.00
Project Assets Impairment Charge$33.1M$16.2M$1.7M$17.2M$369.0K$20.2M$9.0M$0.00$3.0M$0.00$2.3M$1.6M$0.00$0.00
Revenue From Nonrelated Parties$3.41B$3.10B$3.62B$3.22B$2.61B$3.36B$2.96B$1.64B$1.28B$1.88B$1.50B$631.0M
Income Loss From Equity Method Investments-$12.1M$14.6M$15.4M$7.3M$10.8M$28.9M$5.9M$9.4M-$4.4M-$643.0K$487.0K
Cost Of Goods And Services Sold Nonrelated Parties$2.76B$2.42B$2.89B$2.64B$2.22B$2.82B$2.38B$1.36B$1.19B$1.70B$1.27B$552.9M

Balance Sheet

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015FY2014FY2013FY2012FY2011FY2010FY2009FY2008
Stockholders Equity *$2.82B$2.56B$1.94B$1.80B$1.57B$1.39B$1.23B$1.03B$884.7M$819.0M$716.6M$390.5M$290.9M$465.9M$534.3M$466.0M$332.3M
Inventory Write Down$152.0M$113.1M$7.5M$14.1M$42.9M$19.4M$14.6M$17.8M$19.5M$23.0M$17.0M$715.0K$3.1M$8.5M$2.1M$12.5M
Cash And Cash Equivalents At Carrying Value$1.70B$1.94B$981.4M$869.8M$1.18B$668.8M$444.3M$561.7M$511.0M$553.1M$549.5M$228.3M$142.0M$344.0M$288.7M$160.1M$115.7M
Gain Loss On Sale Of Property Plant Equipment$5.3M$4.3M-$83.0K$253.0K-$1.2M-$2.6M-$14.0M-$8.1M-$1.8M-$1.5M-$3.6M-$2.0M-$1.2M-$194.2K-$174.3K
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss-$51.4M-$27.5M-$44.5M$23.8M$50.0M-$22.2M-$19.2M-$272.0K$27.3M-$12.2M$19.7M$10.8M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$2.26B$2.95B$1.97B$1.43B$1.64B$1.64B$941.0M$1.19B$1.01B$1.13B
Restricted Cash And Cash Equivalents At Carrying Value$551.4M$999.9M$978.1M$560.6M$458.3M$526.7M$481.0M$617.8M$487.5M$534.7M$440.0M$451.2M$422.4M$178.3M$187.6M
Value Added Tax Receivable Current$221.5M$162.7M$158.8M$125.9M$102.5M$108.9M$107.2M$94.5M$55.7M$44.6M$20.3M$15.7M$14.5M$17.0M$42.3M
Retained Earnings Accumulated Deficit$1.59B$1.55B$1.28B$1.04B$940.3M$793.6M$622.0M$383.7M$284.1M$218.9M$47.0M-$192.5M-$224.2M-$28.7M$62.1M
Property Plant And Equipment Net$3.17B$3.09B$1.83B$1.40B$1.16B$1.05B$885.0M$747.2M$462.3M$331.1M$372.5M$407.6M$469.6M$510.1M$330.5M
Prepaid Expense And Other Assets Current$436.6M$283.6M$267.9M$434.2M$353.8M$253.5M$289.5M$296.1M$266.8M$78.1M$142.7M$71.1M$108.0M$45.2M$43.5M
Other Assets Noncurrent$232.5M$254.1M$187.5M$174.5M$185.0M$153.3M$129.6M$143.1M$117.2M$138.9M$56.6M$44.0M$39.5M$15.1M$5.8M
Minority Interest$1.09B$1.15B$365.1M$325.4M$322.4M$31.9M$47.4M$27.5M$14.7M$13.5M$13.0M$11.0M$10.7M$1.0M$658.1K
Liability For Uncertain Tax Positions Noncurrent$5.8M$5.7M$5.7M$7.4M$14.7M$15.4M$20.1M$9.3M$8.4M$14.5M$15.6M$17.2M$14.8M$12.3M$11.5M
Liabilities Current$5.42B$5.86B$5.26B$4.04B$3.59B$3.09B$2.95B$4.11B$3.72B$2.66B$1.95B$1.78B$1.54B$1.24B$775.3M
Liabilities And Stockholders Equity$13.51B$11.90B$9.04B$7.39B$6.54B$5.47B$4.89B$5.89B$5.41B$4.41B$3.07B$2.45B$2.26B$1.88B$1.42B
Liabilities$9.36B$8.19B$6.73B$5.26B$4.64B$4.04B$3.62B$4.83B$4.51B$3.58B$2.34B$2.04B$1.91B$1.41B$888.4M
Inventory Net$1.21B$1.18B$1.52B$1.19B$696.0M$554.1M$262.0M$346.1M$295.4M$334.5M$432.3M$231.2M$274.5M$296.6M$272.1M
Finite Lived Intangible Assets Net$31.0M$19.7M$17.5M$19.0M$22.4M$22.8M$14.9M$11.0M$8.4M$78.9M$6.6M$5.7M$4.3M$8.5M$2.7M
Equity Method Investments$233.0M$236.9M$115.8M$98.8M$78.3M$152.8M$126.1M$414.2M$368.5M$187.1M$38.8M$34.1M$26.7M$11.0M$5.7M
Common Stock Value$835.5M$835.5M$835.5M$835.5M$687.0M$703.8M$702.9M$702.2M$701.3M$677.1M$675.2M$561.2M$502.6M$502.4M$501.1M
Assets Current$5.92B$6.10B$5.64B$4.77B$4.19B$3.25B$3.07B$4.09B$3.79B$2.26B$2.32B$1.72B$1.44B$1.30B$1.03B
Assets$13.51B$11.90B$9.04B$7.39B$6.54B$5.47B$4.89B$5.89B$5.41B$4.41B$3.07B$2.45B$2.26B$1.88B$1.42B
Advances On Inventory Purchases Non Current$118.1M$132.2M$65.4M$34.2M$97.2M$40.9M$48.9M$38.3M$54.1M$27.7M$481.0K$506.4K$478.4K$257.8K$13.9M

Cash Flow Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015FY2014FY2013FY2012FY2011FY2010FY2009
Financing Cash Flow *$2.32B$2.05B$428.6M$614.1M$823.5M-$34.6M-$463.6M$165.3M$1.30B$619.5M$191.9M-$104.9M$249.6M$177.7M$312.6M$228.2M
Investing Cash Flow *-$1.96B-$1.67B-$630.5M-$429.6M-$319.7M-$294.1M$29.1M-$239.2M-$1.09B-$999.1M-$116.0M-$37.5M-$306.5M-$193.6M-$134.0M-$234.6M
Operating Cash Flow *-$885.3M$684.6M$916.6M-$408.3M-$120.5M$600.1M$216.3M$203.9M-$278.1M$413.7M$265.1M$229.5M-$147.8M$60.1M-$58.5M$50.9M
Share Based Compensation$21.4M$55.3M$9.4M$8.8M$12.4M$10.7M$10.3M$9.3M$7.8M$6.0M$5.1M$6.2M$5.2M$4.1M$3.9M$5.4M
Payments To Acquire Equity Method Investments$28.8M$113.4M$19.4M$54.0M$17.8M$7.7M$11.0M$92.9M$124.7M$84.4M$72.0K$4.3M$3.4M$5.7M$1.5M$4.1M
Increase Decrease In Prepaid Deferred Expense And Other Assets$99.7M$22.3M-$151.7M$85.8M$72.2M-$33.3M$2.2M$49.8M$135.4M-$36.7M$38.5M$2.3M$70.6M$3.0M$6.4M$15.1M
Increase Decrease In Other Accounts Payable$90.8M$169.9M-$417.0K$126.2M$10.4M$42.8M$39.8M-$5.9M$63.8M$12.5M$14.5M-$2.6M$36.9M$20.7M$11.0M$9.1M
Increase Decrease In Notes Payable Current-$221.2M-$590.4M$721.0M$151.0M$120.4M$185.8M-$173.1M$243.7M-$141.4M$116.5M$30.6M$117.7M$99.1M$118.2M-$96.0M$104.6M
Increase Decrease In Inventories$312.5M-$182.8M$406.3M$518.7M$181.0M$312.8M-$55.4M$49.0M$50.6M-$50.8M$252.7M-$34.7M-$4.0M$28.8M$103.6M$84.0M
Increase Decrease In Advance To Suppliers-$62.5M-$54.9M$52.9M$30.4M$138.9M$27.1M-$29.0M$16.0M$30.6M-$8.0M$3.6M$5.7M$17.9M-$13.5M-$2.2M$6.8M
Increase Decrease In Accounts Receivable$221.5M-$59.0M$357.3M$284.8M-$65.4M-$51.7M$179.6M-$46.3M$33.1M$63.4M$73.8M$11.8M$7.0M$103.7M$5.7M$116.5M
Depreciation Depletion And Amortization$501.4M$307.0M$234.6M$282.8M$209.1M$159.7M$129.3M$99.3M$95.8M$94.2M$82.6M$80.8M$81.4M$56.1M$31.3M$20.5M
Increase Decrease In Due To Related Parties Current$427.0K-$54.0K-$171.0K-$9.8M-$5.8M$10.5M$33.9M-$43.8M$47.5M-$2.2M$14.5M$2.0M$484.6K$2.2M$166.9K
Increase Decrease In Project Assets$697.8M$349.8M$302.8M$73.4M$443.7M-$28.5M$30.5M$129.0M$6.8M-$70.9M-$89.5M$152.9M$300.7M$37.1M
Increase Decrease In Other Noncurrent Assets$33.6M$17.4M-$20.4M$11.9M$24.0M-$9.4M$23.8M$1.3M$6.1M$8.4M$4.4M$24.4M$9.3M$5.8M
Increase Decrease In Due From Related Parties Current-$9.2M$4.5M$68.9M-$26.8M$17.3M-$9.2M$10.1M$4.2M$99.9M-$480.0K-$5.3M-$9.9M$18.1M$1.3M
Proceeds From Stock Options Exercised$1.0M$875.0K$769.0K$879.0K$707.0K$1.9M$3.3M$10.8M$158.8K$1.3M$823.6K$674.4K
Increase Decrease In Prepaid Land Use Right-$1.6M-$452.0K-$2.6M-$6.6M$30.1M$19.7M$16.3M-$5.3M-$397.0K$4.8M-$229.2K$454.8K-$258.5K
Increase Decrease In Other Operating Liabilities-$104.3M$337.1M$68.5M$51.2M$160.8M-$10.9M-$29.7M-$18.8M-$995.0K$56.5M-$16.3M$14.7M
Increase Decrease In Value Added Tax Receivable$65.2M$6.0M$43.9M$21.9M-$2.7M$849.0K$9.2M$38.2M$11.5M$22.7M$4.2M

Per-Share & Share Counts

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015FY2014FY2013FY2012FY2011FY2010FY2009
Weighted Average Number Of Shares Outstanding Basic66.6M65.4M64.3M61.6M59.6M59.6M58.9M58.2M57.5M55.7M54.4M46.3M43.2M43.1M42.8M37.1M
Weighted Average Number Of Diluted Shares Outstanding66.9M72.2M71.2M68.9M62.3M60.8M62.3M61.5M58.1M60.4M59.4M50.4M43.2M43.1M43.7M37.7M
Earnings Per Share Diluted$0.54$3.87$3.44$1.46$2.38$2.83$3.88$1.69$1.12$2.93$4.11$0.63$-4.53$-2.11$1.16$0.60
Earnings Per Share Basic$0.54$4.19$3.73$1.55$2.46$2.88$4.02$1.71$1.13$3.08$4.40$0.68$-4.53$-2.11$1.18$0.61
Common Stock Shares Outstanding67.0M66.2M64.5M64.0M59.8M59.4M59.2M58.5M57.8M56.0M55.2M51.0M43.2M43.2M42.9M
Common Stock Shares Issued67.0M66.2M64.5M64.0M59.8M59.4M59.2M58.5M57.8M56.0M55.2M51.0M43.2M43.2M42.9M

Other Metrics

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015FY2014FY2013FY2012FY2011FY2010FY2009
Product Warranty Accrual Noncurrent$45.1M$37.7M$55.9M$50.6M$55.7M$61.1M$65.2M$54.6M$40.6M$58.3M$47.0M$31.2M$16.9M
Investment Income Interest$88.5M$51.6M$40.6M$11.1M$9.3M$12.0M$11.2M$10.5M$10.2M$16.8M$14.4M$12.0M$13.4M$8.4M$6.9M$5.1M
Interest Paid Net$131.0M$121.7M$76.5M$71.0M$78.7M$85.4M$103.2M$113.5M$70.8M$49.6M$47.2M$47.3M$53.3M$46.3M$21.2M$10.7M
Gain Loss On Sale Of Derivatives$49.1M$39.1M$31.9M-$31.9M-$33.1M$27.0M-$28.7M$1.5M$1.9M-$24.9M-$17.2M-$5.1M$2.6M$8.9M-$1.3M-$17.4M
Foreign Currency Transaction Gain Loss Before Tax$46.8M$30.6M$77.7M-$47.2M-$64.8M$10.4M$6.5M-$23.4M$25.4M$22.9M-$32.2M-$51.5M-$10.7M-$40.0M-$36.3M$7.7M
Capital Expenditures Incurred But Not Yet Paid$478.6M$933.0M$549.9M$299.7M$244.5M$244.5M$229.0M$153.0M$120.9M$34.2M$23.5M$14.1M$16.8M$36.5M$22.2M$18.9M
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value$21.4M$55.3M$9.4M$8.8M$12.4M$10.7M$10.3M$9.3M$7.8M$6.0M$5.1M$6.2M$5.2M$4.1M$3.9M$5.4M
Provision For Doubtful Accounts$12.0M$5.8M$7.6M$9.9M$1.3M$2.8M$7.3M-$280.0K$3.7M-$8.5M-$975.0K$43.6M$23.2M$3.0M$18.1M
Stock Issued During Period Value Stock Options Exercised$1.0M$875.0K$769.0K$879.0K$707.0K$1.9M$3.3M$10.8M$158.8K$1.3M$823.6K$674.4K

Most recent annual filing with the SEC: April 30, 2025

Data sourced from SEC EDGAR public filings as of August 5, 2026.