YouTube · Q2 2026 · 2026-08-29
CSIQ · NasdaqGS
Canadian Solar Inc.
Solar · Canada
USD 11.40-3.0% daily changeQuote 2026-09-18 · USD
- Market cap (USD)
- US$774.02M
- Trailing P/E
- —
- Forward P/E
- —
- Quarterly revenue growth
- -28.7%
- Trailing net margin
- -3.7%
- Indicated dividend yield
- —
Snapshot 2026-09-20 · Latest financial period 2026-06-30 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.
Next earnings: 2026-11-12 (provider estimate, not issuer-confirmed).
Company background
Canadian Solar Inc., together with its subsidiaries, provides solar energy and battery energy storage products and solutions in Asia, the United States, Europe, and internationally. It operates through two segments, Manufacturing and Recurrent Energy. The Manufacturing Segment focuses on manufacturing and selling solar, battery energy storage and other power technology products, and CSI Solar. It also offers standard solar modules, battery storage solutions, solar system kits, such as inverters, racking systems, and other accessories; power electronic products; and engineering, procurement, and construction services, as well as operates battery energy storage projects. The Recurrent Energy Segment develops, builds, sells, and operates solar power and battery energy storage projects; operates solar power plants; and sells electricity and other services. This segment also provides power operation and maintenance services, including monitor, inspects, repair, and replace of plant equipment, and site management and administrative support services for solar projects, as well as asset management services. The company offers power plant level, commercial, household products, inverter, photovoltaic modules; and sells electricity and smart energy. It serves distributors, system integrators, project developers, installers, and EPC companies, as well as caters to utility companies, public utilities, licensed suppliers, corporate offtakers, and commercial, industrial, or government end users primarily under its Canadian Solar brand name. The company sells its products under CSI, CS PowerTech, CSI Solar, Recurrent Energy, e-STORAGE, SolBank, KuBank, and EP Cube brand names. Canadian Solar Inc. was incorporated in 2001 and is based in Kitchener, Canada.
Company websiteQ2 2026
Go beyond the headline.
Canadian Solar (CSIQ): The 27 Cents That Sits On No Line Of The Income Statement
Published 2026-08-29
Comparable businesses
CSIQ peer comparison
Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.
| Metric | CSIQCanadian Solar Inc.Snapshot 2026-09-20Financial period: 2026-06-30 | JKSJinkoSolar Holding Co., Ltd.Snapshot 2026-09-20Financial period: 2026-06-30 | SEDGSolarEdge Technologies, Inc.Snapshot 2026-09-20Financial period: 2026-06-30 | Peer medianSimilar-size peers only |
|---|---|---|---|---|
| Market capMarket value, converted to USD | US$774.02M | US$544.13M | US$2.13B | US$1.34Bn=2 |
| Forward P/EProvider forward earnings estimate | — | 15.16x | 37.47x | 26.31xn=2 |
| EV / EBITDAEnterprise value / trailing EBITDA | 12.93x | — | — | — |
| Revenue growthLatest quarter vs prior-year quarter | -28.7% | -31.3% | 19.6% | -5.8%n=2 |
| Operating marginLatest reported quarter | -5.9% | -11.5% | -6.5% | -9.0%n=2 |
| Free cash flow yieldTrailing cash flow / market cap | -166.4% | — | 5.3% | — |
| Net debt / EBITDANet debt / trailing EBITDA | 9.32x | 8.14x | — | — |
| Debt / equityTotal debt / positive book equity | 1.72x | 1.44x | 0.99x | 1.21xn=2 |
| Trailing P/ETrailing twelve-month earnings | — | — | — | — |
| Price / bookPrice / positive book equity per share | 0.28x | 0.25x | 5.18x | 2.71xn=2 |
| EV / salesEnterprise value / trailing revenue | 1.62x | — | 1.50x | — |
| Earnings growthLatest quarter vs prior-year quarter | — | — | — | — |
| Gross marginTrailing twelve months | 17.6% | 4.8% | 21.3% | 13.0%n=2 |
| Net marginTrailing twelve months | -3.7% | -5.9% | -20.3% | -13.1%n=2 |
| Return on equityProvider trailing return; positive equity only | -6.0% | — | -58.4% | — |
| Free cash flow marginTrailing free cash flow / revenue | -25.8% | — | 8.5% | — |
| Dividend yieldIndicated annual dividend / price | — | 14.4% | — | — |
| Earnings payoutProvider trailing dividend payout | 0.0% | 388.5% | 0.0% | 194.2%n=2 |
| Current ratioCurrent assets / current liabilities | 1.02x | 1.13x | 2.03x | 1.58xn=2 |
| BetaProvider historical market sensitivity | 1.51 | 0.48 | 1.44 | 0.96n=2 |
YouTube · Q2 2026 · 2026-08-29
YouTube · Q1 2026 · 2026-05-07
Comparison methodology & limitations
Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.
Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.
Reported performance
Financial trends
Periods are grouped by their ending calendar year or quarter, not identical fiscal calendars. Exact period-end dates appear in tooltips and reported figures. When reporting currencies differ and a recent captured FX rate is available, money and EPS are normalized to USD for comparison. This is not a historical FX restatement. Gaps are not estimated.
Financial statements load separately from the research page.
Source: . Window ends at the latest available reporting period.
Revenue
Reported figures
Financial data & calculation notes
Standalone charts use the stated reporting currency. When a chart comparison spans currencies, money and EPS can be normalized to USD using a recent captured FX snapshot; this is for comparison only, not a historical FX restatement. Stock-based compensation is noncash. Free cash flow is operating cash flow less capital spending, which may include capitalized software. Missing metrics are not estimated or assumed to be zero. Banking and insurance ratios require industry-specific interpretation. Latest restatements may differ from figures in older episodes.
Market context
Valuation & price history
Adjusted closing price
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Price figures
Earnings-multiple scenario
Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.
Starting assumptions, when available, use provider forward estimates as of 2026-09-20. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.
THE RESEARCH RECORD
Research history for CSIQ
Q2 20262026-08-29
Canadian Solar (CSIQ): The 27 Cents That Sits On No Line Of The Income Statement
Presentation · 2026-08-29 · YouTube