Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling Expenses

General and administrative Expenses

Research and development Expenses

Other operating income

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Canadian Solar

Canadian Solar, Inc. engages in the manufacture of solar photovoltaic modules and provides solar energy solutions. It operates through the Module and System Solutions (MSS) and Energy segments. The MSS segment involves in the design, development, manufacture, and sales of solar power products and solar system kits, and operation and maintenance services. The Energy segment comprises primarily of the development and sale of solar projects, operating solar power projects and the sale of electricity. The company was founded by Shawn Qu in October 2001 and is headquartered in Guelph, Canada.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Canadian Solar achieves record revenue in Q4 2022, eyes strategic expansion

Canadian Solar's Q4 2022 performance reflects strong financial growth and operational excellence, driven by increased shipments and revenue.
The company's strategic strengths lie in cost control, expansion initiatives, and innovative product offerings, positioning it for future success.
While facing challenges such as market volatility and rising costs, Canadian Solar can leverage opportunities in fundraising, market expansion, and product innovation.
Overall, Canadian Solar's focus on profitability, technology advancements, and strategic growth initiatives sets a positive trajectory for future success.

Canadian Solar excels in Q1 2023, eyes growth and sustainability

Canadian Solar had a stellar Q1 performance, exceeding revenue expectations and improving margins.
The company is committed to sustainability, growth, and profitability in the solar energy sector.
Despite supply chain challenges, Canadian Solar remains optimistic about the future.
Investors can expect continued focus on innovation, project expansion, and financial strength.

Canadian Solar achieves record Q2 performance and outlines strong Q3 guidance

Canadian Solar delivered robust financial performance in Q2 2023, driven by record module shipments and revenue growth. Strategic initiatives like the IPO and expansion into Texas position the company for future success. Despite challenges in gross margins and debt levels, opportunities in renewable energy projects and strong Q3 guidance offer growth prospects.

Canadian Solar reports strong Q3 results, eyes long-term growth

Canadian Solar and CSI Solar posted solid Q3 results, focusing on market expansions and technology investments for future growth.
Recurrent Energy is shifting towards holding assets longer to enhance their value and capitalize on strategic portfolio sales.
Challenges include margin expectations for Q4, interest rate impacts, and securing desired PPAs in a competitive market.
Opportunities lie in the battery energy storage sector, strategic investments, and transitioning to a dividend home model for stable cash flows.

Canadian Solar reports record-breaking Q4 results and eyes future growth

Canadian Solar delivered exceptional performance in Q4 2023, exceeding guidance and achieving record results across key metrics.
The company's strategic focus on solar and battery energy storage, backed by investments and technology transitions, positions it for sustainable growth.
While facing pricing challenges and regulatory compliance, Canadian Solar is leveraging market opportunities and aiming to enhance shareholder value.
Anticipated revenue growth, margin improvements, and expansion into new technologies highlight Canadian Solar's positive outlook for 2024 and beyond.

Canadian Solar excels in Q1 2024, eyes growth amidst challenges

Canadian Solar's Q1 2024 earnings call showcased strong financial performance, a focus on profitable growth, and strategic initiatives to navigate industry challenges. The company's emphasis on ESG practices and innovation positions it well for future growth and sustainability.

Canadian Solar excels in Q2, eyes energy storage growth

Canadian Solar's Q2 2024 earnings call showcased robust performance, strategic focus on energy storage, and a commitment to sustainability. Despite challenges in pricing and margins, the company is poised for growth with opportunities in the e-STORAGE business and expansion of project pipelines.

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Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

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Net PPE

Intangibles

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Total liabilities & equity

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Book value per share

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Purchase/sale of investments

Purchase/sale of business

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Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Canadian Solar, Inc. engages in the manufacture of solar photovoltaic modules, provision of solar energy and battery storage solutions, and development of utility-scale solar and battery storage products. It operates through the CSI Solar and Global Energy segments. The CSI Solar segment designs, develops, and manufactures solar ingots, wafers, cells, modules, and other solar power and battery storage products. The Global Energy segment includes solar and battery storage project development and sale, asset management services for operational projects, sale of electricity, and investment in retained assets. The company was founded by Shawn Qu in October 2001 and is headquartered in Guelph, Canada.

Canadian Solar is positioned in a high-growth sector, with the solar market expected to grow at a CAGR of 19% for the next five years. The company operates in both solar panel manufacturing and energy storage solutions, with the latter expected to contribute significantly to earnings. CSIQ stock has a potential upside, with a forward P/E ratio of 6.7x assuming no further growth and a price target of $45 per share if EPS reaches $5.

Canadian Solar Has Become Undervalued On Fears Of Lower Guidance

Papago Storage will be the largest standalone energy storage project in Arizona GUELPH, ON , Aug. 16, 2023 /PRNewswire/ --  Canadian Solar Inc.  (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) announced today that  Recurrent Energy , its wholly-owned subsidiary for global project development and power services, secured a 20-year tolling agreement with Arizona Public Service Company ("APS") for Papago Storage, a 1,200 MWh energy storage project under development in Maricopa County, Arizona. Construction of Papago Storage is expected to begin in the third quarter of 2024 with planned commercial operation in the second quarter of 2025.

Arizona Public Service Awards Recurrent Energy With 1,200 MWh Energy Storage Tolling Agreement

Canadian Solar (CSIQ) signs an agreement to supply 7 GW of high-efficiency N-type TOPCon solar modules.

Canadian Solar (CSIQ) Inks Supply Deal for 7 GW of Solar Modules

SAN DIEGO and GUELPH, ON , Aug. 9, 2023 /PRNewswire/ -- Canadian Solar Inc. (NASDAQ: CSIQ) and EDF Renewables North America today announced the signing of a multi-year module supply agreement to deliver up to 7-gigawatts (GW) of high efficiency N-type TOPCon solar modules to be produced at Canadian Solar's new factory in Mesquite, Texas. Under the agreement, Canadian Solar will be supplying its latest high efficiency N-Type TOPCon (Tunnel Oxide Passivated Contact) solar modules to support EDF Renewables' project pipeline in the U.S. between 2024 and 2030.

EDF Renewables North America Places Multi-Year Order for up to 7 GW of Canadian Solar's Made-in-USA Modules

iShares Global Clean Energy ETF

JinkoSolar Holding

Solar stocks had a great year so far, with the 2022 Inflation Reduction Act including multiple incentives for homeowners to jump on the solar bandwagon. Provisions that included tax credits led to a 40% jump in U.S. household solar installation.

Dark Cloud Warning: 3 Solar Stocks for Your Must-Sell List

GUELPH, ON , July 31, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) today announces the release of its 2022 Sustainability Report, which highlights the Company's progress toward advancing its sustainability strategy from an environmental, social, and governance (ESG) perspective. The sustainability disclosure in this report are aligned with global standards set by the TCFD (Task Force on Climate-Related Disclosures), SASB (the Sustainability Accounting Standards Board) and GRI (Global Reporting Initiative).

Canadian Solar Releases 2022 Corporate Sustainability Report

GUELPH, ON , July 26, 2023 /PRNewswire/ -- Canadian Solar Inc. ("the Company", "Canadian Solar") (NASDAQ: CSIQ) today announced that it will hold a conference call on Tuesday, August 22, 2023, at 8:00 a.m. U.S. Eastern Daylight Time (8:00 p.m.

Canadian Solar Schedules Second Quarter 2023 Earnings Conference Call for August 22

GUELPH, ON , July 19, 2023 /PRNewswire/ --  Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ), today announced that its majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar") has entered into a multi-year investment agreement with the municipal government of Hohhot, in Inner Mongolia, China, to invest and execute on its previously announced capacity expansion and vertical integration plans.

Canadian Solar's Subsidiary CSI Solar Executes on Capacity Additions Across Its Solar Supply Chain

Solar energy stocks have been underperforming the market YTD compared to the S&P 500. The decline of polysilicon prices is a catalyst for solar module makers with the likelihood of margin expansion. Canadian Solar trades close to an all-time low in price to sales, any adjustment in profitability could boost EPS immensely.

Canadian Solar: Higher Margins Imminent But I Like Another Stock Even More

Guelph, ON , July 17, 2023 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced that, in connection with the initial public offering ("IPO") of its majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar"), CSI Solar has issued an additional 81,158,500 shares at the IPO price of RMB11.10 per share to cover over-allotments.

Canadian Solar's Subsidiary CSI Solar Announces Full Exercise of the Over-Allotment Option

Canadian Solar is considered a leader in the global solar energy market, with solid revenue growth and stable profitability metrics. Despite the headwinds due to the harsh macro environment, the demonstrates solid momentum and the near-term outlook is positive. My analysis suggests the stock is massively undervalued.

Canadian Solar: A Good High Risk-High Reward Play

GUELPH, ON , July 14, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced Mr. Jianyi Zhang's retirement as the Company's Chief Legal Officer, Chief Compliance Officer and Corporate Secretary, effective immediately.

Canadian Solar Inc. Announces Retirement of Mr. Jianyi Zhang, the Company's Chief Legal Officer, Chief Compliance Officer and Corporate Secretary

Canadian Solar (CSIQ) declares that it is renaming its CSI Solar energy storage division to e-STORAGE.

Canadian Solar (CSIQ) Renames CSI Solar Energy Storage Unit

e-STORAGE, a subsidiary of CSI Solar, deploys leading-edge, flexible, turnkey energy storage solutions across the globe GUELPH, ON , July 10, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) and its majority-owned subsidiary CSI Solar (SSE: 688472), today announced the re-branding of e-STORAGE, CSI Solar's utility-scale battery energy storage subsidiary and platform. With e-STORAGE, Canadian Solar will accelerate its growth in the global energy storage market and operate as a distinct business unit, under CSI Solar.

Canadian Solar announces the rebranding of its CSI Solar energy storage division to e-STORAGE and accelerates growth in deployment of utility-scale energy storage

Analysts at UBS have upgraded their rating on Canadian Solar from ‘Neutral' to ‘Buy' on their belief that its stake in its majority-owned subsidiary CSI Solar A-Shares is unappreciated by the market. “With the stock currently pricing in just 17% of the value of the A-Shares, we see upside potential driven by a narrowing of the valuation gap,” the analysts wrote in a note to clients.

Canadian Solar upgraded to ‘Buy' on undervalued holdings in CSI Solar

Atlantica Sustainable Infrastructure

Bargain Hunting in Energy Stocks: 2 Renewable Stocks on Sale Right Now

GUELPH, ON , June 28, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ), today announced that it held its Annual Meeting of Shareholders on June 28, 2023. Each of the proposals submitted for shareholder approval was approved.

Canadian Solar Inc. Announces Results of 2023 Annual Meeting of Shareholders

GUELPH, ON , June 26, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) announced today that Recurrent Energy, its wholly-owned subsidiary for global project development and power services, has secured a €150 million multicurrency facility with Santander Corporate & Investment Banking (Santander CIB). The facility will support Recurrent Energy's growth and strategy to retain greater asset ownership in select markets.

Recurrent Energy secures a new EUR 150 million multi-currency facility with Santander CIB to support growth and its transition to IPP

Canadian Solar (CSIQ) declares that it is constructing its first PV module manufacturing base in the United States.

Canadian Solar (CSIQ) Builds First Manufacturing Base in the US

GUELPH, ON , June 15, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ), headquartered in Guelph, Ontario, today announced that it is establishing a solar PV module production facility in Mesquite, Texas. Canadian Solar is building a state-of-the-art solar photovoltaic module manufacturing plant with an annual output of 5 GW, equivalent to approximately 20,000 high-power modules per day.

Canadian Solar Announces U.S. Module Manufacturing Facility in Mesquite, Texas

Canadian Solar reported Q1 revenue of $1.7 billion and a gross margin of 18.7%, with a 2023 fiscal year top-line sales outlook narrowed toward the high end of guidance. The company's majority-owned subsidiary, CSI Solar Co, recently completed its IPO process, raising approximately $844 million and trading at a premium compared to Canadian Solar's valuation. The Inflation Reduction Act might be an additional positive catalyst to sustain medium-term growth.

Canadian Solar: IPO Catalyst To Price In

Canadian Solar Inc (NASDAQ:CSIQ) stock is on track for its 10th daily loss in the last 11 sessions, after its May rally lost steam above the $45 level.

Solar Stock Ripe for Short-Term Bounce

GUELPH, ON , June 13, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that it will present EP Cube at Intersolar, one of the world's leading solar energy exhibitions in Munich, Germany, on June 14-16, 2023. EP Cube is an all-in-one energy storage solution for residential applications.

Canadian Solar Will Present EP Cube Residential Energy Storage Solution at Intersolar in Munich

Canadian Solar's (CSIQ) arm, CSI Energy Storage, signs a deal to supply 40MWh battery storage to Unibal in the United Kingdom.

Canadian Solar (CSIQ) Arm to Supply Battery Storage in the UK

GUELPH, ON , June 9, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announces that its majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar") has completed its initial public offering ("IPO") process and its shares started trading on the Shanghai Stock Exchange's Sci-Tech Innovation Board on June 9, 2023 under the stock code 688472.

News for Canadian Solar Stock (CSIQ)