Canadian Solar Inc.
CSIQFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
5,993
Cost of Revenue
4,994
Gross Profit
999
Gross Margin
16.7%
Operating Income
-30
Operating Margin
-0.5%
Net Income
36
Net Margin
0.6%
EPS (Basic)
$0.54
EPS (Diluted)
$0.54
EBITDA
557
EBITDA Margin
9.3%
2023
12/31/2023
Revenue
7,614
Cost of Revenue
6,334
Gross Profit
1,280
Gross Margin
16.8%
Operating Income
453
Operating Margin
6.0%
Net Income
274
Net Margin
3.6%
EPS (Basic)
$4.27
EPS (Diluted)
$3.87
EBITDA
830
EBITDA Margin
10.9%
2022
12/31/2022
Revenue
7,469
Cost of Revenue
6,205
Gross Profit
1,263
Gross Margin
16.9%
Operating Income
356
Operating Margin
4.8%
Net Income
240
Net Margin
3.2%
EPS (Basic)
$3.73
EPS (Diluted)
$3.44
EBITDA
675
EBITDA Margin
9.0%
2021
12/31/2021
Revenue
5,277
Cost of Revenue
4,368
Gross Profit
909
Gross Margin
17.2%
Operating Income
190
Operating Margin
3.6%
Net Income
95
Net Margin
1.8%
EPS (Basic)
$1.55
EPS (Diluted)
$1.46
EBITDA
479
EBITDA Margin
9.1%
2020
12/31/2020
Revenue
3,476
Cost of Revenue
2,787
Gross Profit
690
Gross Margin
19.8%
Operating Income
21
Operating Margin
0.6%
Net Income
147
Net Margin
4.2%
EPS (Basic)
$2.46
EPS (Diluted)
$2.38
EBITDA
424
EBITDA Margin
12.2%