Canadian Solar Inc.

CSIQ · NASDAQ
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$5,993,409$7,613,626$7,468,610$5,277,169
% Growth-21.3%1.9%41.5%
Cost of Goods Sold$4,994,090$6,333,643$6,205,474$4,367,857
Gross Profit$999,319$1,279,983$1,263,136$909,312
% Margin16.7%16.8%16.9%17.2%
R&D Expenses$120,792$100,844$69,822$58,407
G&A Expenses$515,204$440,488$342,129$308,942
SG&A Expenses$1,003,151$810,158$901,055$707,592
Sales & Mktg Exp.$487,947$369,670$558,926$398,650
Other Operating Expenses-$94,543-$84,339-$63,802-$47,068
Operating Expenses$1,029,400$826,663$907,075$718,931
Operating Income-$30,081$453,320$356,061$190,381
% Margin-0.5%6%4.8%3.6%
Other Income/Exp. Net-$64,357-$30,185$15,847-$44,661
Pre-Tax Income-$94,438$423,135$371,908$145,720
Tax Expense-$16,576$59,501$73,353$35,844
Net Income$36,051$274,187$239,968$95,248
% Margin0.6%3.6%3.2%1.8%
EPS0.544.273.731.55
% Growth-87.4%14.5%140.6%
EPS Diluted0.543.873.441.46
Weighted Avg Shares Out66,61665,37564,32561,614
Weighted Avg Shares Out Dil66,93972,19471,18368,872
Supplemental Information
Interest Income$88,470$51,621$40,615$11,051
Interest Expense$137,468$114,099$74,266$58,153
Depreciation & Amortization$501,443$307,040$244,417$282,769
EBITDA$556,609$829,664$675,151$479,386
% Margin9.3%10.9%9%9.1%