Employees: 12,587
Size Canadian Solar (CSIQ) is a United States Information Technology company (Semiconductors) with a market value of $755M, the 2432nd largest of 3,117 United States companies the cockpit tracks. Shares closed at $11.12 on 6 Nov 2026.
Performance Over six months the shares fell 44.6%, against -29.9% for the median peer and -1.1% for the United States market (cap-weighted) — 2nd lowest of 19 in its peer set.
Growth Revenue fell 15.7% over the last twelve months (peer median +28.1%); the operating margin is -1.7% (peer median -5.8%).
Valuation It trades at 1.7× enterprise value to sales against a peer median of 4.5× (5th cheapest of 21).
Capital Return on invested capital runs 6.6 points below its cost of capital (6.0% WACC).
Backlog Backlog (remaining performance obligations) was $456M at 31 Dec 2025, up 9% on a year earlier — 0.1 years of trailing revenue. Backlog detail →
Short interest Short interest is 28.6% of the free float (15 Oct 2026).
Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $4.99B | $5.60B | $5.99B | $7.61B | $7.47B |
| Revenue growth | — | -7% | -21% | +2% | — |
| Gross profit | $820M | $1.09B | $999M | $1.28B | $1.26B |
| EBITDA | $438M | $662M | $450M | $724M | $537M |
| Net income | -$186M | -$104M | $36.1M | $274M | $240M |
| Free cash flow | -$1.87B | -$1.92B | -$2.53B | -$250M | -$425M |
| Capital expenditure | $1.02B | $1.39B | $1.87B | $1.53B | $628M |
| Total debt | $7.97B | $7.82B | $5.91B | $4.48B | $4.01B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | CSIQ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +0.9% | -12.6% | 3rd highest of 21 |
| 6-month return | -44.6% | -29.9% | 2nd lowest of 19 |
| Distance from 52-week high | -67.8% | -55.7% | 3rd lowest of 21 |
| Revenue growth (TTM) | -15.7% | +28.1% | 3rd lowest of 21 |
| Operating margin | -1.7% | -5.8% | 9th highest of 21 |
| EV / Sales | 1.7× | 4.5× | 5th cheapest of 21 |
| ROIC minus cost of capital | -6.6 pp | -7.1 pp | 8th highest of 20 |
| EV / EBITDA | 19.1× | 15.2× | 2nd most expensive of 4 |
| Net debt / EBITDA | 14.0× | 1.0× | most indebted of 6 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Canadian Solar CSIQ | United States | $755M | -45% | -16% | -2% | 1.7× | n/a | n/a |
| Myson Century 5314.TWO | Taiwan | $759M | -39% | +235% | 19% | 5.9× | 9.2% | +172.5% |
| CEVA CEVA | United States | $763M | -27% | +9% | -10% | 4.8× | n/a | n/a |
| Tech Semiconductors 300046.SZ | China | $766M | -33% | +27% | 8% | 9.2× | 45.7% | -1.6% |
| Aeva Technologies AEVA | United States | $767M | -34% | +56% | -611% | 33.4× | n/a | n/a |
| Zhejiang MTCN Technology 003026.SZ | China | $742M | -24% | +29% | 17% | 9.5× | 30.7% | +9.5% |
| Changzhou Shichuang Energy 688429.SS | China | $733M | -13% | +30% | -38% | 5.7× | n/a | n/a |
| SENASIC Electronics Technology 6675.HK | Hong Kong | $779M | n/a | +45% | -11% | 8.4× | n/a | n/a |
| Shenzhen Topray Solar 002218.SZ | China | $779M | -32% | -8% | -17% | 6.7× | 35.9% | -5.6% |
| PixArt Imaging 3227.TWO | Taiwan | $781M | -20% | +5% | 18% | 2.7× | 0.0% | +2.3% |
| Infotmic 000670.SZ | China | $782M | -18% | +38% | 2% | 1.1× | n/a | n/a |
| Yuneng Technology 688348.SS | China | $729M | -39% | -40% | -58% | 5.6× | n/a | n/a |
| SFA Semicon 036540.KS | South Korea | $728M | -27% | +37% | -4% | 2.2× | n/a | n/a |
| Changzhou Galaxy Century Microelectronics 688689.SS | China | $723M | -9% | +29% | 11% | 3.1× | n/a | n/a |
| Crealights Technology 1191.HK | Hong Kong | $790M | n/a | +42% | -7% | 4.2× | n/a | n/a |
| Alpha and Omega Semiconductor L AOSL | United States | $716M | -38% | -2% | -6% | 0.8× | n/a | n/a |
| Henan Ancai Hi-Tech 600207.SS | China | $797M | -13% | -41% | -39% | 4.0× | n/a | n/a |
| Hd Hyundai Energy Solutions 322000.KS | South Korea | $714M | -63% | +39% | 16% | 1.5× | 3.2% | +4.5% |
| Wuxi ETEK Microelectronics 688601.SS | China | $799M | -25% | +15% | -5% | 5.7× | n/a | n/a |
| X-FAB Silicon Foundries XFAB.PA | France | $709M | -38% | -8% | 2% | 1.3× | n/a | n/a |
| Xinte Energy 1799.HK | Hong Kong | $707M | -41% | +12% | -6% | 1.8× | n/a | n/a |
Canadian Solar reported $456M of remaining performance obligations at 31 Dec 2025, up 9% from a year earlier. That is 0.1 years of trailing revenue already under contract.