Canadian Solar ( (CSIQ) ) has released its Q3 earnings. Here is a breakdown of the information Canadian Solar presented to its investors.
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Canadian Solar Inc., a leading global solar technology and renewable energy company, specializes in manufacturing solar photovoltaic modules and providing solar energy and battery storage solutions. The company also develops, owns, and operates utility-scale solar power and battery energy storage projects worldwide.
In its third-quarter 2025 earnings report, Canadian Solar reported net revenues of $1.5 billion, reaching the high end of its guidance range. The company exceeded its gross margin expectations, achieving 17.2% due to strong energy storage deliveries and a favorable mix of module shipments. The company’s e-STORAGE division achieved record quarterly shipments of 2.7 GWh in battery energy storage, surpassing guidance.
Key financial highlights include a gross profit of $256 million and net income attributable to shareholders of $9 million. Canadian Solar’s strategic focus on the North American market and its ongoing expansion in the U.S. with new manufacturing facilities in Indiana and Kentucky are notable. The company also maintains a strong project development pipeline with 25.1 GWp of solar and 80.6 GWh of battery energy storage projects.
Looking ahead, Canadian Solar expects continued growth in its energy storage business and further improvements in profitability. The company plans to commence production at its new U.S. facilities in 2026, which is expected to enhance its market position and operational resilience. Management remains committed to financial discipline and strategic investments to support long-term growth.