Canadian Solar (CSIQ) Revenue & Revenue Breakdown


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Canadian Solar Revenue Highlights


Latest Revenue (Y)

$7.61B

Latest Revenue (Q)

$1.33B

Main Segment (Y)

CSI Solar Segment

Main Geography (Y)

Asia

Canadian Solar Revenue by Period


Canadian Solar Revenue by Year

DateRevenueChange
2023-12-31$7.61B1.94%
2022-12-31$7.47B41.53%
2021-12-31$5.28B51.80%
2020-12-31$3.48B8.62%
2019-12-31$3.20B-14.53%
2018-12-31$3.74B10.44%
2017-12-31$3.39B18.83%
2016-12-31$2.85B-17.72%
2015-12-31$3.47B17.12%
2014-12-31$2.96B78.96%
2013-12-31$1.65B27.77%
2012-12-31$1.29B-31.81%
2011-12-31$1.90B26.98%
2010-12-31$1.50B125.31%
2009-12-31$663.76M-5.85%
2008-12-31$705.01M132.83%
2007-12-31$302.80M343.91%
2006-12-31$68.21M272.26%
2005-12-31$18.32M89.20%
2004-12-31$9.68M135.46%
2003-12-31$4.11M1.76%
2002-12-31$4.04M-

Canadian Solar generated $7.61B in revenue during NA 2023, up 1.94% compared to the previous quarter, and up 203.33% compared to the same period a year ago.

Canadian Solar Revenue by Quarter

DateRevenueChange
2024-03-31$1.33B-21.91%
2023-12-31$1.70B-7.81%
2023-09-30$1.85B-21.90%
2023-06-30$2.36B38.96%
2023-03-31$1.70B-13.71%
2022-12-31$1.97B2.02%
2022-09-30$1.93B-16.49%
2022-06-30$2.31B85.08%
2022-03-31$1.25B-18.21%
2021-12-31$1.53B24.34%
2021-09-30$1.23B-14.00%
2021-06-30$1.43B31.24%
2021-03-31$1.09B4.68%
2020-12-31$1.04B13.81%
2020-09-30$914.36M31.40%
2020-06-30$695.85M-15.72%
2020-03-31$825.63M-10.23%
2019-12-31$919.71M21.03%
2019-09-30$759.88M-26.67%
2019-06-30$1.04B113.79%
2019-03-31$484.72M-46.20%
2018-12-31$901.04M17.33%
2018-09-30$767.97M18.04%
2018-06-30$650.59M-54.34%
2018-03-31$1.42B28.51%
2017-12-31$1.11B21.55%
2017-09-30$912.22M31.75%
2017-06-30$692.37M2.26%
2017-03-31$677.04M1.29%
2016-12-31$668.43M1.69%
2016-09-30$657.32M-18.44%
2016-06-30$805.91M11.71%
2016-03-31$721.42M-35.60%
2015-12-31$1.12B31.83%
2015-09-30$849.81M33.48%
2015-06-30$636.65M-26.05%
2015-03-31$860.89M-9.96%
2014-12-31$956.15M4.57%
2014-09-30$914.38M46.59%
2014-06-30$623.77M33.76%
2014-03-31$466.32M-10.23%
2013-12-31$519.47M5.82%
2013-09-30$490.90M29.05%
2013-06-30$380.38M44.30%
2013-03-31$263.61M-10.59%
2012-12-31$294.84M-9.55%
2012-09-30$325.96M-6.39%
2012-06-30$348.22M6.88%
2012-03-31$325.80M-31.27%
2011-12-31$474.06M-5.12%
2011-09-30$499.64M3.70%
2011-06-30$481.82M8.66%
2011-03-31$443.40M-2.06%
2010-12-31$452.72M20.03%
2010-09-30$377.18M14.76%
2010-06-30$328.68M-2.45%
2010-03-31$336.93M32.55%
2009-12-31$254.19M19.27%
2009-09-30$213.13M86.66%
2009-06-30$114.18M130.82%
2009-03-31$49.47M-28.13%
2008-12-31$68.82M-72.73%
2008-09-30$252.36M18.71%
2008-06-30$212.59M24.15%
2008-03-31$171.24M34.35%
2007-12-31$127.46M-

Canadian Solar generated $1.33B in revenue during Q1 2024, up -21.91% compared to the previous quarter, and up 67.41% compared to the same period a year ago.

Canadian Solar Revenue Breakdown


Canadian Solar Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 20Dec 19Dec 18
CSI Solar Segment$3.27M$2.26M---
Global Energy Segment-$21.58M---
Electricity--$6.63M$3.90M-
Energy Segment----$1.54B
Module Segment----$93.25M

Canadian Solar's latest annual revenue breakdown by segment (product or service), as of Dec 23: CSI Solar Segment (100.00%).

Canadian Solar Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 20Dec 19Dec 18
Other Countries Europe$85.41M$66.39M$55.73M
Other Countries Asia$118.74M$89.54M$88.38M
Other Countries America$21.40M$60.06M$67.16M
J$560.70M$372.69M$483.04M
I$61.14M$70.89M$145.87M
G$8.84M$33.16M$101.48M
Europe$634.55M$780.46M$698.57M
E$138.97M$78.23M$58.81M
Asia$1.62B$1.02B$1.57B
America$1.22B$1.40B$1.47B
Z$49.38M$93.91M$53.74M
V$289.62M$39.27M-
M$118.85M$94.45M-
K$25.90M$72.55M$46.70M
N$96.37M$68.77M$83.47M
D$119.03M$109.12M$95.51M
C$504.66M$317.08M$17.41M
U$696.10M$852.23M$999.14M
T$6.11M$12.75M-
S--$8.43M

Canadian Solar's latest annual revenue breakdown by geography, as of Dec 20: Asia (25.41%), America (19.15%), U (10.91%), Europe (9.95%), J (8.79%), C (7.91%), V (4.54%), E (2.18%), D (1.87%), M (1.86%), Other Countries Asia (1.86%), N (1.51%), Other Countries Europe (1.34%), I (0.96%), Z (0.77%), K (0.41%), Other Countries America (0.34%), G (0.14%), and T (0.10%).

Canadian Solar Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
CSIQCanadian Solar$7.61B$1.33B
FSLRFirst Solar$3.32B$887.67M
SEDGSolarEdge$2.98B$265.40M
ENPHEnphase Energy$2.29B$380.87M
RUNSunrun$2.26B$537.17M
SPWRSunPower$1.69B$356.90M
MAXNMaxeon Solar$1.12B$187.46M
NOVASunnova Energy$720.65M$235.29M

CSIQ Revenue FAQ


What is Canadian Solar’s yearly revenue?

Canadian Solar's yearly revenue for 2023 was $7.61B, representing an increase of 1.94% compared to 2022. The company's yearly revenue for 2022 was $7.47B, representing an increase of 41.53% compared to 2021. CSIQ's yearly revenue for 2021 was $5.28B, representing an increase of 51.80% compared to 2020.

What is Canadian Solar’s quarterly revenue?

Canadian Solar's quarterly revenue for Q1 2024 was $1.33B, a -21.91% decrease from the previous quarter (Q4 2023), and a -21.88% decrease year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $1.7B, a -7.81% decrease from the previous quarter (Q3 2023), and a -13.67% decrease year-over-year (Q4 2022). CSIQ's quarterly revenue for Q3 2023 was $1.85B, a -21.90% decrease from the previous quarter (Q2 2023), and a -4.46% decrease year-over-year (Q3 2022).

What is Canadian Solar’s revenue growth rate?

Canadian Solar's revenue growth rate for the last 3 years (2021-2023) was 44.27%, and for the last 5 years (2019-2023) was 137.88%.

What are Canadian Solar’s revenue streams?

Canadian Solar's revenue streams in c 23 are CSI Solar Segment

What is Canadian Solar’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Canadian Solar was CSI Solar Segment. This segment made a revenue of $3.27M, representing 100.00% of the company's total revenue.