CSIQ
Income statement / Annual
Last year (2023), Canadian Solar Inc.'s total revenue was $7.61 B,
an increase of 1.94% from the previous year.
In 2023, Canadian Solar Inc.'s net income was $274.19 M.
See Canadian Solar Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$7.61 B
|
$7.47 B
|
$5.28 B
|
$3.48 B
|
$3.20 B
|
$3.74 B
|
$3.39 B
|
$2.85 B
|
$3.47 B
|
$2.96 B
|
| Cost of Revenue |
$6.33 B |
$6.21 B |
$4.37 B |
$2.79 B |
$2.48 B |
$2.97 B |
$2.75 B |
$2.44 B |
$2.89 B |
$2.38 B |
| Gross Profit |
$1.28 B |
$1.26 B |
$909.31 M |
$689.91 M |
$718.50 M |
$775.08 M |
$637.60 M |
$417.19 M |
$576.77 M |
$580.99 M |
| Gross Profit Ratio |
0.17 |
0.17 |
0.17 |
0.2 |
0.22 |
0.21 |
0.19 |
0.15 |
0.17 |
0.2 |
| Research and Development
Expenses |
$100.84 M
|
$69.82 M
|
$58.41 M
|
$45.17 M
|
$47.05 M
|
$44.19 M
|
$28.78 M
|
$17.41 M
|
$17.06 M
|
$12.06 M
|
| General & Administrative
Expenses |
$440.49 M
|
$342.13 M
|
$308.94 M
|
$225.60 M
|
$242.78 M
|
$245.38 M
|
$231.00 M
|
$203.79 M
|
$162.63 M
|
$76.83 M
|
| Selling & Marketing
Expenses |
$369.67 M
|
$558.93 M
|
$398.65 M
|
$224.24 M
|
$180.33 M
|
$165.40 M
|
$156.03 M
|
$145.37 M
|
$149.71 M
|
$125.80 M
|
| Selling, General &
Administrative Expenses |
$810.16 M
|
$901.06 M
|
$707.59 M
|
$449.84 M
|
$423.11 M
|
$410.78 M
|
$387.03 M
|
$349.16 M
|
$312.34 M
|
$202.62 M
|
| Other Expenses |
$0.00 |
-$63.80 M |
-$47.07 M |
-$25.52 M |
-$10.54 M |
-$11.01 M |
-$6.47 M |
-$2.73 M |
$389,000.00 |
$1.62 M |
| Operating Expenses |
$911.00 M |
$907.08 M |
$718.93 M |
$469.48 M |
$459.62 M |
$410.43 M |
$368.25 M |
$324.02 M |
$329.40 M |
$214.68 M |
| Cost And Expenses |
$7.24 B |
$7.11 B |
$5.09 B |
$3.26 B |
$2.94 B |
$3.38 B |
$3.12 B |
$2.76 B |
$3.22 B |
$2.59 B |
| Interest Income |
$51.62 M |
$40.62 M |
$11.05 M |
$9.31 M |
$12.04 M |
$11.21 M |
$10.48 M |
$10.24 M |
$16.83 M |
$14.36 M |
| Interest Expense |
$114.10 M |
$74.27 M |
$58.15 M |
$71.87 M |
$81.33 M |
$106.03 M |
$117.97 M |
$69.72 M |
$54.15 M |
$48.91 M |
| Depreciation &
Amortization |
$627.54 M
|
$244.42 M
|
$297.69 M
|
$217.15 M
|
$178.62 M
|
$129.26 M
|
$99.27 M
|
$95.85 M
|
$94.22 M
|
$82.63 M
|
| EBITDA |
$877.30 M
|
$675.15 M
|
$494.31 M
|
$423.51 M
|
$439.62 M
|
$533.78 M
|
$351.77 M
|
$253.23 M
|
$371.84 M
|
$452.36 M
|
| EBITDA Ratio |
0.12 |
0.05 |
0.04 |
0.07 |
0.08 |
0.1 |
0.08 |
0.04 |
0.08 |
0.13 |
| Operating Income Ratio
|
0.06
|
0.05
|
-0.02
|
0.01
|
0.03
|
0.1
|
0.08
|
0.03
|
0.07
|
0.12
|
| Total Other
Income/Expenses Net |
-$44.80 M
|
$407,000.00
|
-$51.92 M
|
-$85.95 M
|
-$79.21 M
|
-$63.60 M
|
-$105.37 M
|
$11.54 M
|
-$23.90 M
|
-$45.48 M
|
| Income Before Tax |
$408.53 M |
$356.47 M |
$138.46 M |
$134.48 M |
$179.67 M |
$298.49 M |
$134.52 M |
$87.66 M |
$223.47 M |
$320.83 M |
| Income Before Tax Ratio
|
0.05
|
0.05
|
0.03
|
0.04
|
0.06
|
0.08
|
0.04
|
0.03
|
0.06
|
0.11
|
| Income Tax Expense |
$59.50 M |
$73.35 M |
$35.84 M |
-$1.98 M |
$42.07 M |
$61.97 M |
$40.95 M |
$17.98 M |
$49.51 M |
$77.43 M |
| Net Income |
$274.19 M |
$239.97 M |
$95.25 M |
$146.70 M |
$171.59 M |
$237.07 M |
$99.57 M |
$65.25 M |
$171.86 M |
$239.50 M |
| Net Income Ratio |
0.04 |
0.03 |
0.02 |
0.04 |
0.05 |
0.06 |
0.03 |
0.02 |
0.05 |
0.08 |
| EPS |
4.27 |
3.73 |
1.55 |
2.46 |
2.88 |
3.88 |
1.71 |
1.13 |
3.08 |
4.4 |
| EPS Diluted |
3.87 |
3.44 |
1.46 |
2.38 |
2.84 |
3.81 |
1.69 |
1.12 |
2.93 |
4.11 |
| Weighted Average Shares
Out |
$65.38 M
|
$64.32 M
|
$61.61 M
|
$59.58 M
|
$59.63 M
|
$61.09 M
|
$58.17 M
|
$57.52 M
|
$55.73 M
|
$54.41 M
|
| Weighted Average Shares
Out Diluted |
$72.19 M
|
$71.18 M
|
$68.87 M
|
$62.31 M
|
$60.78 M
|
$62.29 M
|
$61.55 M
|
$58.06 M
|
$60.43 M
|
$59.35 M
|
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