Research analysts who have asked questions during Canadian Solar earnings calls.
PS
Philip Shen
ROTH MKM
6 questions for CSIQ
Also covers: ARRY, DQ, ENPH +13 more
CR
Colin Rusch
Oppenheimer & Co. Inc.
5 questions for CSIQ
Also covers: AEVA, ALB, AMPX +25 more
Alan Lau
Jefferies LLC
4 questions for CSIQ
Also covers: DQ, EH, JKS
BL
Brian Lee
Goldman Sachs Group, Inc.
4 questions for CSIQ
Also covers: ARRY, AYI, CCJ +22 more
PS
Praneeth Satish
Wells Fargo
3 questions for CSIQ
Also covers: ARIS, ENB, ENLC +13 more
Vikram Bagri
Citigroup Inc.
3 questions for CSIQ
Also covers: AMPS, ARRY, ENPH +8 more
MM
Maheep Mandloi
Mizuho Financial Group
2 questions for CSIQ
Also covers: ARRY, BE, ENLT +10 more
AL
Allen Lau
Jefferies
1 question for CSIQ
AS
Andre Stillman Adams
Oppenheimer & Co. Inc.
1 question for CSIQ
Also covers: ARRY, ORA, ROK
Recent press releases and 8-K filings for CSIQ.
Canadian Solar Subsidiary CSI Solar Reports Preliminary 2025 Results
CSIQ
Earnings
Profit Warning
Demand Weakening
- CSI Solar Co., Ltd., Canadian Solar Inc.'s majority-owned subsidiary (64% owned), has released its preliminary and unaudited full-year 2025 results.
- For 2025, the subsidiary reported operating revenue of RMB40,255.7 million, a 12.80% year-over-year decrease, and net profit attributable to shareholders of RMB1,021.3 million, a 54.56% year-over-year decrease.
- Basic earnings per share for 2025 were RMB0.28, representing a 54.10% year-over-year decline.
- The decrease in revenue and profit was primarily attributed to a decline in module shipment volume, increased tariff costs, and higher overall product manufacturing costs, partially offset by growth in energy storage revenue.
19 hours ago
Canadian Solar's Recurrent Energy Completes Sale of Battery Storage Facility
CSIQ
M&A
New Projects/Investments
- Recurrent Energy, a subsidiary of Canadian Solar Inc. (NASDAQ: CSIQ), has completed the sale of its 200 MWh Fort Duncan Battery Storage facility to Hunt Energy Network, L.L.C..
- Canadian Solar expects to recognize the revenue from this transaction in the first quarter of 2026.
- This transaction supports Recurrent Energy's strategy to selectively monetize projects to advance its continued growth.
4 days ago
Canadian Solar Delivers First Grid-Connected Battery Energy Storage System in Japan
CSIQ
Product Launch
New Projects/Investments
- Canadian Solar's e-STORAGE business has delivered its first grid-connected battery energy storage system (BESS) in Japan, featuring a rated output of 2 MW and an energy capacity of 8.25 MWh DC.
- The project, located in Sapporo City, Hokkaido, was awarded to Canadian Solar as part of Hokkaido Electric Power Network Company, Inc.'s 2023 public land leasing initiative and will participate in the Japan Electric Power Exchange (JEPX) and the Balancing Market (EPRX).
- e-STORAGE was responsible for the design, engineering, and commissioning of the project, and will also provide long-term maintenance and inspection services throughout its operational life.
- As of September 30, 2025, e-STORAGE has shipped over 16 GWh of battery energy storage solutions globally, boasting a $3.1 billion contracted backlog as of October 31, 2025.
Feb 11, 2026, 12:00 PM
CSI Solar announces execution of related party lease agreements
CSIQ
New Projects/Investments
- CSI Solar Co., Ltd., a majority-owned subsidiary of Canadian Solar Inc. (CSIQ) (64% owned by CSIQ), announced the execution of related party lease agreements.
- These agreements, involving U.S. and Thailand manufacturing assets, were made to comply with the U.S. One, Big, Beautiful Bill Act and maintain eligibility for tax credits.
- Four lease agreements were formally executed by December 31, 2025, with one additional lease agreement pending execution, covering PV cell and module manufacturing equipment, plants, and facilities.
- The simulated annual rental income from these leases is projected to be RMB 5.86 billion for U.S. Module Rent and RMB 5.37 billion for U.S. Cell Rent in 2026, contributing to an estimated pre-tax profit of RMB 4.31 billion in 2026.
Feb 10, 2026, 11:05 AM
Canadian Solar Seeks $350M Loan for U.S. Expansion and Forms JV
CSIQ
Debt Issuance
New Projects/Investments
Legal Proceedings
- Canadian Solar is pursuing a $350 million private credit loan, arranged by HSBC, to bolster its U.S. operations.
- The company formed a joint-venture structure with CSI Solar to acquire 75.1% of three overseas factories serving the U.S. market for approximately US$50 million, aiming to comply with U.S. tariffs and incentives.
- Wall Street analysts have divided opinions: Daiwa upgraded the stock to Outperform with a $30 price target, while Mizuho double-downgraded it to Underperform with a $21 target, warning the recent rally may be "overdone".
- Canadian Solar also secured a favorable patent ruling in a dispute with Maxeon Solar Technologies (MAXN).
Feb 9, 2026, 4:16 AM
CSI Solar Co., Ltd. Forecasts Significant Decline in 2025 Full-Year Net Profit
CSIQ
Guidance Update
Profit Warning
Demand Weakening
- CSI Solar Co., Ltd., a majority-owned subsidiary of Canadian Solar Inc., has issued its 2025 full-year earnings forecast on January 30, 2026.
- The company expects net profit attributable to shareholders for the full year 2025 to be between RMB 900 million and RMB 1,100 million.
- This forecast represents a year-on-year decrease of 60% to 51% compared to 2024, when net profit attributable to shareholders was RMB 2,247.3502 million.
- The primary reasons cited for the projected decline are the overall supply-demand imbalance in the photovoltaic industry, leading to cyclical lows, declining utilization rates, and increased costs.
- This earnings forecast is based on preliminary calculations by the company's finance department and has not been audited by certified public accountants.
Jan 30, 2026, 11:01 AM
Canadian Solar Wins Patent Litigation Against Maxeon
CSIQ
Legal Proceedings
- Canadian Solar Inc. announced a decisive victory in litigation proceedings against Maxeon Solar Pte. Ltd. before the Patent Trial and Appeal Board (PTAB) of the United States Patent and Trademark Office (USPTO).
- The PTAB ruled in Canadian Solar's favor, holding that all claims asserted by Maxeon against Canadian Solar relating to alleged patent infringement are invalid.
- This outcome demonstrates Canadian Solar's solid technological foundation and mature legal capabilities.
Jan 15, 2026, 12:00 PM
Canadian Solar closes US$230 million convertible senior notes offering
CSIQ
Debt Issuance
Convertible Preferred Issuance
- Canadian Solar Inc. (CSIQ) announced the closing of its US$230 million aggregate principal amount of 3.25% convertible senior notes due 2031 on January 13, 2026.
- This amount includes the full exercise of an option by initial purchasers to buy an additional US$30 million aggregate principal amount of the Notes.
- The net proceeds from the offering are approximately US$223.1 million, after deducting initial purchasers' discount and estimated offering expenses.
- The Notes were offered in a private offering to qualified institutional buyers pursuant to Rule 144A.
Jan 13, 2026, 2:30 PM
Canadian Solar closes US$230 million convertible senior notes offering
CSIQ
Debt Issuance
- Canadian Solar Inc. announced the closing of its offering of US$230 million aggregate principal amount of 3.25% convertible senior notes due 2031.
- This amount includes the full exercise of the initial purchasers' option to purchase an additional US$30 million aggregate principal amount of the Notes.
- The net proceeds from the offering are approximately US$223.1 million, after deducting the initial purchasers’ discount and estimated offering expenses.
- The Notes were offered in a private offering to qualified institutional buyers and have not been registered under the Securities Act.
Jan 13, 2026, 2:25 PM
Canadian Solar Prices US$200 Million Convertible Senior Notes
CSIQ
Debt Issuance
New Projects/Investments
Convertible Preferred Issuance
- Canadian Solar Inc. priced an offering of US$200 million aggregate principal amount of convertible senior notes due 2031, with an option for initial purchasers to buy an additional US$30 million.
- The notes will accrue interest at a rate of 3.25% per annum, payable semi-annually, and have an initial conversion price of approximately US$27.63 per common share. This conversion price represents a premium of approximately 42.5% over the last reported sale price of US$19.39 per common share on January 8, 2026.
- The company estimates net proceeds of approximately US$194.6 million (or US$223.9 million if the option for additional notes is fully exercised), which will be used for investments in U.S. manufacturing, the value chain supporting battery energy storage and solar power solutions, working capital, and general corporate purposes.
Jan 9, 2026, 11:15 AM
Quarterly earnings call transcripts for Canadian Solar.
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