Canadian Solar (MEX:CSIQN) Net Income: MXN-1,833 Mil (TTM As of Mar. 2026)

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MEX:CSIQN Canadian Solar Inc MEX:CSIQN
65 GF Score
Price MXN272.63
GF Value MXN255.81
Valuation Fairly Valued
! 9 Warning Signs
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What is Canadian Solar Net Income?

Canadian Solar MEX:CSIQN 65 Net Income is MXN-1,833 Mil as of Mar. 2026. GuruFocus rates MEX:CSIQN with a GF Score™ of 65/100 and a GF Value™ of MXN255.81 (Fairly Valued). The stock has 9 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Canadian Solar's Net Income for the three months ended in Mar. 2026 was MXN-579 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was MXN-1,833 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Canadian Solar's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was MXN-8.53.


Canadian Solar  (MEX:CSIQN) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Canadian Solar's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Canadian Solar Net Income Related Terms


Canadian Solar Net Income Historical Data

* Premium members only.

The historical data trend for Canadian Solar's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Canadian Solar Net Income Chart

Canadian Solar Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,953.92 4,678.42 4,654.12 751.87 -1,874.86

Canadian Solar Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -694.99 135.51 164.84 -1,554.58 -578.72
MEX:CSIQN
65GF Score
Canadian Solar Inc MEX:CSIQN
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Canadian Solar Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Canadian Solar's Net Income for the fiscal year that ended in Dec. 2025 is calculated as

Net Income(A: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-2534.104+-254.763+0+914.005
=-1,875

Canadian Solar's Net Income for the quarter that ended in Mar. 2026 is calculated as

Net Income(Q: Mar. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=156.614+-305.438+0+-429.899
=-579

Net Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-1,833 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of MXN-1,833 Mil mean?
Canadian Solar (MEX:CSIQN) has a Net Income of MXN-1,833 Mil as of Mar. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Canadian Solar and its competitors.
Is Canadian Solar's Net Income too high?
Canadian Solar's current Net Income is MXN-1,833 Mil. Overall, Canadian Solar has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Canadian Solar's Net Income compare to ARRY and JKS?
Canadian Solar's Net Income of MXN-1,833 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for a Semiconductors company?
A good Net Income depends on the Semiconductors industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Canadian Solar and its competitors. Canadian Solar's current Net Income is MXN-1,833 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Solar stock overvalued right now?
Based on GuruFocus' analysis, Canadian Solar (MEX:CSIQN) is currently considered Fairly Valued. The stock's GF Value™ is MXN255.81, compared to a current price of MXN272.63 — trading 6.6% above its estimated fair value. The current Net Income is MXN-1,833 Mil. Canadian Solar's overall GF Score™ is 65/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Canadian Solar (MEX:CSIQN), the current Net Income is MXN-1,833 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Canadian Solar (MEX:CSIQN) Overvalued in 2026?

Based on GuruFocus' analysis, Canadian Solar stock appears to be overvalued. The current stock price of MXN272.63 is trading 6.6% above its estimated GF Value™ of MXN255.81. GuruFocus considers Canadian Solar to be Fairly Valued.

Key valuation signals for MEX:CSIQN:

  • Net Income: MXN-1,833 Mil
  • GF Value™: MXN255.81 vs. price of MXN272.63 (6.6% above fair value)
  • GF Score™: 65/100 with 9 warning signs

No single metric tells the full story. See the MEX:CSIQN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Canadian Solar Business Description

Other Exchanges CSIQ:USAL5A:Germany
Address 4273 King Street East, Suite 102, Kitchener, ON, CAN, N2P 2E9
Canadian Solar Inc is a Canadian solar technology and renewable energy company. It is a manufacturer of solar photovoltaic modules, a provider of battery energy storage solutions, and a developer of utility-scale solar power and battery energy storage projects. The company is organized in two segments: Manufacturing segment, comprising CS PowerTech, which focuses on manufacturing and sales of solar products, battery energy storage products, and other power technology products for the U.S. market and CSI Solar, which serves all other world-wide markets; and Recurrent Energy segment, which focuses on solar power and battery storage project development, asset sales, power services, and electricity revenue from its operating portfolio. It derives maximum revenue from Manufacturing segment.
65GF Score

Get the complete analysis for MEX:CSIQN

Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN272.63
Price
MXN255.81
GF Value