Canadian Solar Earnings Reports

Canadian Solar achieved $1.5 billion in revenue in Q3 2025, supported by strong energy storage performance and a favorable product mix. Net income turned positive despite ongoing adjusted losses, and the company saw record quarterly energy storage shipments.

Canadian Solar delivered solid operational performance in Q2 2025, with strong module shipments and a notable jump in gross profit. However, non-recurring impairments and elevated operating expenses led to a GAAP net income of $7 million and an adjusted net loss.

Canadian Solar reported net revenues of $1.2 billion and a net loss of $34 million for Q1 2025. The company's solar module shipments increased year-over-year, and its e-STORAGE contracted backlog grew significantly. Despite ongoing market challenges, the company met or exceeded its guidance for shipments, revenue, and gross margin.

Canadian Solar reported Q4 2024 revenue of $1.52 billion, reflecting an 11% year-over-year decrease. Net income attributable to shareholders was $33.9 million with EPS of $0.48. Non-GAAP adjusted net loss reached $98.6 million, translating to a loss per share of $1.47. Despite margin pressures from lower module ASPs and impairments, storage shipments hit a record high and contributed positively to overall results.