10 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $5.6B | -$104M | 18.3% | 0.8% | -$1.2B | $6.0B | $1.4B |
| 2024 | $6.0B | $36M | 16.7% | -0.5% | -$2.0B | $4.6B | $1.7B |
| 2023 | $7.6B | $274M | 16.8% | 6.0% | -$432M | $3.1B | $1.9B |
| 2022 | $7.5B | — | 16.9% | 4.8% | $290M | $2.3B | $981M |
| 2021 | $5.3B | — | 17.2% | 3.6% | — | $2.1B | $870M |
| 2020 | $3.5B | — | 19.8% | 6.3% | — | $1.8B | $1.2B |
| 2019 | $3.2B | — | 22.4% | 8.1% | — | $1.8B | $669M |
| 2018 | $3.7B | — | 20.7% | 9.7% | — | $1.7B | $444M |
| 2017 | $3.4B | — | 18.8% | 7.9% | — | $2.4B | $562M |
| 2016 | $2.9B | — | 14.6% | 3.3% | — | $2.1B | $511M |
How the market has priced CSIQ against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Canadian Solar Inc.'s revenue has grown 10.0% per year. These are computed facts, not advice.
As of FY2025, Canadian Solar Inc. reported $6.0B of total debt against $1.4B of cash; operating income covered interest expense 0.2×.
In FY2025, gross margin was 18.3%, operating margin 0.8%, and net margin -1.9%.
As of Jun '26, Canadian Solar Inc. traded at a price-to-earnings ratio of about 50.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.