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)

Electricity

Main Geography (Y)

Asia and other regions

Canadian Solar Revenue by Period

Canadian Solar Revenue by Year

Date	Revenue	Change
2023-12-31	$7.61B	1.94%
2022-12-31	$7.47B	41.53%
2021-12-31	$5.28B	51.80%
2020-12-31	$3.48B	8.62%
2019-12-31	$3.20B	-14.53%
2018-12-31	$3.74B	10.44%
2017-12-31	$3.39B	18.83%
2016-12-31	$2.85B	-17.72%
2015-12-31	$3.47B	17.12%
2014-12-31	$2.96B	78.96%
2013-12-31	$1.65B	27.77%
2012-12-31	$1.29B	-31.81%
2011-12-31	$1.90B	26.98%
2010-12-31	$1.50B	125.31%
2009-12-31	$663.76M	-5.85%
2008-12-31	$705.01M	132.83%
2007-12-31	$302.80M	343.91%
2006-12-31	$68.21M	272.26%
2005-12-31	$18.32M	89.20%
2004-12-31	$9.68M	135.46%
2003-12-31	$4.11M	1.76%
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

Date	Revenue	Change
2024-03-31	$1.33B	-21.91%
2023-12-31	$1.70B	-7.81%
2023-09-30	$1.85B	-21.90%
2023-06-30	$2.36B	38.96%
2023-03-31	$1.70B	-13.71%
2022-12-31	$1.97B	2.02%
2022-09-30	$1.93B	-16.49%
2022-06-30	$2.31B	85.08%
2022-03-31	$1.25B	-18.21%
2021-12-31	$1.53B	24.34%
2021-09-30	$1.23B	-14.00%
2021-06-30	$1.43B	31.24%
2021-03-31	$1.09B	4.68%
2020-12-31	$1.04B	13.81%
2020-09-30	$914.36M	31.40%
2020-06-30	$695.85M	-15.72%
2020-03-31	$825.63M	-10.23%
2019-12-31	$919.71M	21.03%
2019-09-30	$759.88M	-26.67%
2019-06-30	$1.04B	113.79%
2019-03-31	$484.72M	-46.20%
2018-12-31	$901.04M	17.33%
2018-09-30	$767.97M	18.04%
2018-06-30	$650.59M	-54.34%
2018-03-31	$1.42B	28.51%
2017-12-31	$1.11B	21.55%
2017-09-30	$912.22M	31.75%
2017-06-30	$692.37M	2.26%
2017-03-31	$677.04M	1.29%
2016-12-31	$668.43M	1.69%
2016-09-30	$657.32M	-18.44%
2016-06-30	$805.91M	11.71%
2016-03-31	$721.42M	-35.60%
2015-12-31	$1.12B	31.83%
2015-09-30	$849.81M	33.48%
2015-06-30	$636.65M	-26.05%
2015-03-31	$860.89M	-9.96%
2014-12-31	$956.15M	4.57%
2014-09-30	$914.38M	46.59%
2014-06-30	$623.77M	33.76%
2014-03-31	$466.32M	-10.23%
2013-12-31	$519.47M	5.82%
2013-09-30	$490.90M	29.05%
2013-06-30	$380.38M	44.30%
2013-03-31	$263.61M	-10.59%
2012-12-31	$294.84M	-9.55%
2012-09-30	$325.96M	-6.39%
2012-06-30	$348.22M	6.88%
2012-03-31	$325.80M	-31.27%
2011-12-31	$474.06M	-5.12%
2011-09-30	$499.64M	3.70%
2011-06-30	$481.82M	8.66%
2011-03-31	$443.40M	-2.06%
2010-12-31	$452.72M	20.03%
2010-09-30	$377.18M	14.76%
2010-06-30	$328.68M	-2.45%
2010-03-31	$336.93M	32.55%
2009-12-31	$254.19M	19.27%
2009-09-30	$213.13M	86.66%
2009-06-30	$114.18M	130.82%
2009-03-31	$49.47M	-28.13%
2008-12-31	$68.82M	-72.73%
2008-09-30	$252.36M	18.71%
2008-06-30	$212.59M	24.15%
2008-03-31	$171.24M	34.35%
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/Service	Dec 23	Dec 22	Dec 20	Dec 19	Dec 18
CSI Solar Segment	$3.27M	$2.26M	-	-	-
Electricity	$43.68M	$6.63M	$3.90M	-	-
Global Energy Segment	-	$21.58M	-	-	-
Module Segment	-	-	-	-	$93.25M
Energy Segment	-	-	-	-	$1.54B

Canadian Solar's latest annual revenue breakdown by segment (product or service), as of Dec 23: Electricity (93.03%), and CSI Solar Segment (6.97%).

Canadian Solar Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 20	Dec 19	Dec 18
PHILIPPINES	$40.61M	-	-	-	-
Other Countries Europe	$192.29M	$216.59M	$85.41M	$66.39M	$55.73M
Other Countries Asia	$65.81M	$89.61M	$118.74M	$89.54M	$88.38M
Other Countries America	$112.84M	$87.93M	$21.40M	$60.06M	$67.16M
Netherlands	$81.82M	$136.38M	-	-	-
NORWAY	$139.77M	-	-	-	-
Mexico	$50.88M	$31.91M	-	-	-
Japan	$597.19M	$325.34M	-	-	-
India	$91.02M	$197.77M	-	-	-
Canada	$52.52M	$49.15M	-	-	-
Czech	$62.08M	$79.41M	-	-	-
Europe	$1.87B	$1.94B	$634.55M	$780.46M	$698.57M
France	$22.34M	$31.15M	-	-	-
Germany	$291.38M	$322.19M	-	-	-
Hong Kong	$32.71M	$46.25M	-	-	-
Asia and other regions	$3.13B	$2.74B	-	-	-
Australia	$128.25M	$393.96M	-	-	-
Brazil	$846.39M	$623.33M	-	-	-
Britain	$144.99M	$106.66M	-	-	-
CHILE	$29.66M	$37.37M	-	-	-
ITALY	$79.04M	-	-	-	-
IRELAND	$41.61M	$63.74M	-	-	-
Vietnam	$16.21M	$9.08M	-	-	-
United States	$1.49B	$1.96B	-	-	-
U.A.E	$22.91M	$15.97M	-	-	-
The Americas	$2.62B	$2.79B	-	-	-
Thailand	$10.22M	$9.94M	-	-	-
TAIWAN	$19.37M	$67.41M	-	-	-
Spain	$445.32M	$434.84M	-	-	-
South Africa	$218.60M	$118.46M	-	-	-
ROMANIA	$24.49M	$31.80M	-	-	-
Pakistan	$78.20M	$73.53M	-	-	-
PUERTO RICO	$37.92M	-	-	-	-
PRC	$2.15B	$1.90B	-	-	-
E	-	-	$138.97M	$78.23M	$58.81M
G	-	-	$8.84M	$33.16M	$101.48M
I	-	-	$61.14M	$70.89M	$145.87M
J	-	-	$560.70M	$372.69M	$483.04M
K	-	-	$25.90M	$72.55M	$46.70M
Z	-	-	$49.38M	$93.91M	$53.74M
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	-
M	-	-	$118.85M	$94.45M	-
V	-	-	$289.62M	$39.27M	-
America	-	-	$1.22B	$1.40B	$1.47B
Asia	-	-	$1.62B	$1.02B	$1.57B
N	-	-	$96.37M	$68.77M	$83.47M
S	-	-	-	-	$8.43M

Canadian Solar's latest annual revenue breakdown by geography, as of Dec 23: Asia and other regions (20.53%), The Americas (17.18%), PRC (14.13%), Europe (12.29%), United States (9.76%), Brazil (5.56%), Japan (3.92%), Spain (2.92%), Germany (1.91%), South Africa (1.44%), Other Countries Europe (1.26%), Britain (0.95%), NORWAY (0.92%), Australia (0.84%), Other Countries America (0.74%), India (0.60%), Netherlands (0.54%), ITALY (0.52%), Pakistan (0.51%), Other Countries Asia (0.43%), Czech (0.41%), Canada (0.34%), Mexico (0.33%), IRELAND (0.27%), PHILIPPINES (0.27%), PUERTO RICO (0.25%), Hong Kong (0.21%), CHILE (0.19%), ROMANIA (0.16%), U.A.E (0.15%), France (0.15%), TAIWAN (0.13%), Vietnam (0.11%), and Thailand (0.07%).

Canadian Solar Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
CSIQ	Canadian Solar	$7.61B	$1.33B
FSLR	First Solar	$4.21B	$887.67M
ENPH	Enphase Energy	$2.29B	$356.08M
RUN	Sunrun	$2.04B	$537.17M
MAXN	Maxeon Solar	$1.12B	$187.46M
SEDG	SolarEdge	$901.46M	$265.40M
NOVA	Sunnova Energy	$839.92M	$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, and Electricity. CSI Solar Segment generated $3.27M in revenue, accounting 6.97% of the company's total revenue, up 45.08% year-over-year. Electricity generated $43.68M in revenue, accounting 93.03% of the company's total revenue, up 559.04% year-over-year.

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 Electricity. This segment made a revenue of $43.68M, representing 93.03% of the company's total revenue.