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Canadian Solar (CSIQ) Revenue by Segment

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Revenue by Segment

Shows how revenue is distributed across different business segments, highlighting which areas are driving growth and which may need strategic focus or improvement.

-$500.00M$0.00$500.00M$1.00B$1.50B$2.00B$2.50BMar 21Jun 21Sep 21Dec 21Mar 22Jun 22Sep 22Dec 22Mar 23Jun 23Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Chart Insights

CSI Solar is the clear, lumpy revenue engine while Recurrent Energy is volatile and relatively small — and increasingly a near‑term earnings drag: management flagged Recurrent operating losses and cash burn from project monetization. Growing negative elimination/unallocated items suggest rising intersegment/internal project financing tied to U.S. reshoring efforts, adding noise to reported revenue. The large backlog and planned capacity ramps support medium‑term growth (notably storage), but higher debt, capex and commodity/logistics risks mean margins and cash flow could remain pressured before H2 upside materializes.

CSIQ Revenue by Segment

DateCSI Solar Recurrent EnergyElimination and Unallocated Items
Jun 30, 2026$1.10B$117.31M-$7.13M
Mar 31, 2026$949.66M$139.23M-$11.02M
Dec 31, 2025$1.26B$67.04M-$113.41M
Sep 30, 2025$1.43B$105.20M-$44.29M
Jun 30, 2025$1.73B$106.14M-$144.07M
Mar 31, 2025$1.19B$125.24M-$118.88M
Dec 31, 2024$1.67B$188.46M-$337.26M
Sep 30, 2024$1.72B$45.06M-$253.76M
Jun 30, 2024$1.73B$50.52M-$146.56M
Mar 31, 2024$1.34B$39.43M-$52.48M
Dec 31, 2023$1.70B$53.75M-$53.03M
Sep 30, 2023$1.81B$63.81M-$23.03M
Jun 30, 2023$2.01B$360.05M-$10.02M
Mar 31, 2023$1.71B$20.05M-$28.50M
Dec 31, 2022$1.98B$73.65M-$78.10M
Sep 30, 2022$1.97B$100.92M-$141.61M
Jun 30, 2022$1.82B$553.98M-$56.21M
Mar 31, 2022$1.21B$92.97M-$52.61M
Dec 31, 2021$1.34B$232.42M-$46.98M
Sep 30, 2021$1.15B$139.99M-$59.75M
Jun 30, 2021$1.18B$280.61M-$34.91M
Mar 31, 2021$695.15M$471.06M-$76.88M
Dec 31, 2020$784.59M$372.62M-$116.55M
Sep 30, 2020$921.53M$78.57M-$85.74M
Jun 30, 2020$709.18M$32.43M-$45.77M
Mar 31, 2020$689.75M$242.55M-$106.66M