The table below shows Canadian Solar Inc.'s income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$5.60B
$5.99B
$7.61B
$7.47B
$5.28B
$3.48B
Cost of revenue
$4.57B
$4.99B
$6.33B
$6.21B
$4.37B
$2.79B
Gross profit
$1.03B
$999.32M
$1.28B
$1.26B
$909.31M
$689.91M
R&D
$90.69M
$120.79M
$100.84M
$69.82M
$58.41M
$45.17M
CSIQ annual revenue (10-K history)
Canadian Solar Inc. reported annual revenue of $5.60B for fiscal year 2025. That is down 6.6% from $5.99B in fiscal 2024. Over the 10 fiscal years shown, annual revenue grew from $2.85B (FY 2016) to $5.60B. Figures come from the company's audited annual reports as filed with the SEC.
