Quick Answer
Canadian Solar Inc. reported R&D Expense of $120.79 million for fiscal year 2024.
Canadian Solar Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2024 | $120.79M | +19.8% |
| 2023 | $100.84M | +44.4% |
| 2022 | $69.82M | +19.5% |
| 2021 | $58.41M | +29.3% |
| 2020 | $45.17M | -4.0% |
| 2019 | $47.05M | +6.5% |
| 2018 | $44.19M | +53.6% |
| 2017 | $28.78M | +65.3% |
| 2016 | $17.41M | +2.1% |
| 2015 | $17.06M | +41.5% |
| 2014 | $12.06M | +3.2% |
| 2013 | $11.69M | -10.1% |
| 2012 | $13.00M | -34.5% |
| 2011 | $19.84M | +189.9% |
| 2010 | $6.84M | +115.2% |
| 2009 | $3.18M | — |
- Canadian Solar Inc. showed an increase of +19.8% in R&D Expense compared to the prior fiscal year.
- Over the 2009–2024 period, Canadian Solar Inc.’s r&d expense has grown by 3698.0% (from $3.18 million to $120.79 million).
- The most recent figure is from Canadian Solar Inc.’s fiscal year 2024 report (Form 20-F), filed with the SEC on April 30, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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