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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

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.

GUELPH, ON , June 21, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ), today announced that it held its Annual Meeting of Shareholders on June 21, 2024. Each of the proposals submitted for shareholder approval was approved.

Canadian Solar Inc. Announces Results of 2024 Annual Meeting of Shareholders

Papago Storage, the largest energy storage project in Arizona, holds a 20-year tolling agreement with Arizona Public Service Company. GUELPH, ON , June 20, 2024 /PRNewswire/ -- Recurrent Energy, a subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ) and a global developer, owner, and operator of solar and energy storage assets, today announced it has secured $513 million in project financing for its landmark Papago Storage project located in Maricopa County, Arizona.

Recurrent Energy Closes $513 Million in Financing for 1,200 MWh Energy Storage Project in Arizona

GUELPH, ON , June 20, 2024 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) announced today that it has entered into a partnership agreement with leading renewable energy supplier Lifestyle Solar Inc. ("Lifestyle Solar") to provide solar and energy storage solutions to homebuilders in California.

Canadian Solar Partners with Lifestyle Solar to Deliver Residential Solar and Energy Storage Solutions to California Homebuilders

GUELPH, ON , June 18, 2024 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that it will present the new three-phase EP Cube and EP Cube Twin Peak at Intersolar in Munich, Germany, on June 19-21, 2024.

Canadian Solar to Present New EP Cube, Showcasing Advanced Safety, at Intersolar in Munich

GUELPH, ON , June 17, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) announced today that its first portfolio of Japan's feed-in premium (FIP) PV projects began commercial operation on June 1, 2024. The projects that have reached commercial operation include a 1.2 MWp project in Tsukuba City, Ibaraki Prefecture and a 1.9 MWp project in Daisen Town, Tottori Prefecture.

Canadian Solar Announces Operation of First FIP Projects in Japan and PPA Signing with Toyota Tsusho

Array Technologies

First Solar

Some of the best solar stocks to buy might not have performed well in the last 12 to 18 months. However, the industry will undoubtedly continue to grow at a steady pace beyond the current decade.

The 3 Best Solar Stocks to Buy in June 2024

GUELPH, ON , June 13, 2024 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) announced today that it has entered into an agreement with U.S. homebuilder D.R.

D.R. Horton Offers Canadian Solar PV Panels and Residential Batteries to Power California Communities

GUELPH, ON , June 10, 2024 /PRNewswire/ -- Recurrent Energy, a subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ) and a global developer, owner, and operator of solar and energy storage assets, announced today the inauguration of the 446 MWp / 360 MWac Marangatu Solar Complex in Brasileira, Brazil. SPIC owns 70% of the project, while Recurrent Energy owns the remaining 30%.

Recurrent Energy and SPIC Inaugurate 446 MWp Solar Complex in Brazil

SoFi Technologies

A high-growth fintech superstar and a deeply discounted global solar giant.

2 Top Stocks to Buy on the Dip Before They Skyrocket

JinkoSolar Holding

The solar energy market is growing rapidly due to a variety of factors. These include improved solar cell efficiency, continued research into the betterment of solar panels and decreasing costs of panel installation.

The 2027 Millionaire's Club: 3 Solar Stocks to Buy Now

NEW YORK and GUELPH, ON , June 3, 2024 /PRNewswire/ -- Recurrent Energy, a subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ) and a global developer, owner, and operator of solar and energy storage assets, announced today the initial closing and funding of an investment in Recurrent Energy's platform by BlackRock through a fund managed by its Climate Infrastructure business ("BlackRock"). The initial closing of the transaction, first announced in January 2024, was contingent on requisite regulatory approvals and other conditions, which have now been met.

Recurrent Energy Announces Initial Closing of Investment from BlackRock

GUELPH, ON , May 31, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) today announced the release of its 2023 Sustainability Report. This report showcases the Company's ongoing progress and achievements in its environmental, social, and governance (ESG) initiatives.

Canadian Solar Releases 2023 Corporate Sustainability Report

Canadian Solar is a global solar power company operating in a cyclical sector, resulting in volatile swings in the share price. CSIQ stock price has plummeted due to rising interest rates and a softening market for solar panels. CSIQ stock is extremely undervalued, especially relative to its ownership stake in its Chinese subsidiary.

Canadian Solar: Risky, But Huge Potential Upside

Recurrent Energy, a unit of solar technology firm Canadian Solar , said on Thursday it has secured multi-currency revolving credit facility of up to 1.3 billion euros ($1.41 billion) with 10 banks.

Canadian Solar unit secures up to $1.4 bln financing for European renewable energy business

The revolving credit facility will provide flexible financing for the construction of solar and battery energy storage projects across Spain, Italy, the United Kingdom, the Netherlands, France, and Germany GUELPH, ON , May 23, 2024 /PRNewswire/ -- Recurrent Energy, a subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ) and a global developer and owner of solar and energy storage assets, today announced that it has secured a landmark multi-currency revolving credit facility valued at up to €1.3 billion with ten banks for the construction of renewable energy projects in several European countries. Recurrent Energy and the participating financial institutions signed the agreement in Seville, Spain.

Recurrent Energy Secures Landmark Green, Multi-currency Financing for up to €1.3 Billion to Accelerate European Renewable Energy Portfolio

Tesla

SunPower

Invesco Solar ETF

Solar stocks jumped on Wednesday, with SunPower Corp. shares leading the way after the solar-power company unveiled a deal with Tesla, Inc. for stationary batteries.

Solar stocks are rallying, with boosts from Tesla and China

NextEra Energy

The renewable energy space has seen better days. The iShares Global Clean Energy ETF (NASDAQ: ICLN ) is down about 23.9% over the past 12 months per trading data from Tuesday's session.

The 3 Most Undervalued Renewable Energy Stocks to Buy in May 2024

Canadian Solar's (CSIQ) Q1 earnings top estimates. Its revenues fall 21.9% year over year, driven by a decline in module ASP.

Canadian Solar (CSIQ) Q1 Earnings Beat, Revenues Fall Y/Y

Canadian Solar Inc. (NASDAQ:CSIQ ) Q1 2024 Earnings Conference Call May 9, 2024 8:00 AM ET Company Participants Wina Huang - Head of IR Shawn Qu - President, Chairman, and CEO Yan Zhuang - President, CSI Solar Ismael Guerrero Arias - CEO, Recurrent Energy Huifeng Chang - SVP and CFO Xinbo Zhu - Chief Supply and Risk Officer Conference Call Participants Colin Rusch - Oppenheimer Praneeth Satish - Wells Fargo Philip Shen - ROTH MKM Brian Lee - Goldman Sachs Operator Ladies and gentlemen, thank you for standing by. Welcome to Canadian Solar's First Quarter 2024 Earnings Call.

Canadian Solar Inc. (CSIQ) Q1 2024 Earnings Call Transcript

Canadian Solar (CSIQ) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of a loss of $0.34 per share. This compares to earnings of $1.19 per share a year ago.

Canadian Solar (CSIQ) Q1 Earnings and Revenues Surpass Estimates

GUELPH, ON, May 9, 2024 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the first quarter ended March 31, 2024. Highlights Solar module shipments of 6.3 GW, in line with guidance of 6.1 GW to 6.4 GW.

Canadian Solar Reports First Quarter 2024 Results and Announces Appointment of Chief Financial Officer

GUELPH, ON , May 8, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) announced today that it has won three battery energy storage system ("BESS") projects, totaling 193 MW, in Japan's first Long-Term Decarbonization Power Source Auction ("LTDA"). The winners of this auction were announced on April 26, 2024, with the Company securing a 13.3% of the total awarded energy storage projects.

Canadian Solar Secures 193 MW of BESS Projects in Japan's Inaugural Long-term Decarbonization Power Source Auction

Canadian Solar's (CSIQ) Q1 results are likely to reflect the adverse impacts of declining module average selling price as well as higher research and development expenses.

Canadian Solar (CSIQ) to Report Q1 Earnings: What's in Store?

Canadian Solar (CSIQ) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Canadian Solar (CSIQ) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

GUELPH, ON , April 29, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) today announced that it has won Environmental Finance's Green Project Bond of the Year award for its JPY 18.5 billion green samurai private placement. Canadian Solar completed its three-year, JPY 18.5 billion ($120 million) private placement in 2023.

News for Canadian Solar Stock (CSIQ)