Canadian Solar Inc. (CSIQ) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 1.08B | 1.22B | 1.49B | 1.69B | 1.2B | 1.52B | 1.51B | 1.64B | 1.33B | 1.7B | 1.85B | 2.36B |
| Revenue Growth % | -9.92% | -19.99% | -1.34% | 3.57% | -9.97% | -10.62% | -18.34% | -30.82% | -21.88% | -13.67% | -4.46% | 2.15% |
| Cost of Goods Sold | 807.06M | 1.09B | 1.23B | 1.19B | 1.06B | 1.3B | 1.26B | 1.35B | 1.08B | 1.49B | 1.54B | 1.92B |
| COGS % of Revenue | 74.87% | 89.78% | 82.77% | 70.18% | 88.26% | 85.73% | 83.59% | 82.75% | 80.98% | 87.46% | 83.32% | 81.36% |
| Gross Profit | 270.82M | 124.4M | 256.3M | 505.03M | 140.49M | 217.04M | 247.44M | 282.09M | 252.75M | 213.4M | 308M | 440.57M |
| Gross Margin % | 25.13% | 10.22% | 17.23% | 29.82% | 11.74% | 14.27% | 16.41% | 17.25% | 19.02% | 12.54% | 16.68% | 18.64% |
| Gross Profit Growth % | 92.76% | -42.68% | 3.58% | 79.03% | -44.41% | 1.7% | -19.66% | -35.97% | -20.52% | -38.79% | -15.05% | 18.74% |
| Operating Expenses | 197.95M | 188.46M | 221.71M | 377.6M | 195.3M | 344.13M | 247.14M | 234.44M | 217.38M | 233.59M | 224.99M | 216.45M |
| OpEx % of Revenue | 18.37% | 15.48% | 14.91% | 22.29% | 16.32% | 22.62% | 16.39% | 14.34% | 16.36% | 13.72% | 12.19% | 9.16% |
| Selling, General & Admin | 189.75M | 187.99M | 217.84M | 362.15M | 196.42M | 351.28M | 236.16M | 232.6M | 183.1M | 202.08M | 213.8M | 227.26M |
| SG&A % of Revenue | 17.6% | 15.44% | 14.65% | 21.38% | 16.41% | 23.09% | 15.66% | 14.22% | 13.78% | 11.87% | 11.58% | 9.61% |
| Research & Development | 20.72M | 21.68M | 20M | 24.72M | 24.28M | 30.48M | 30.46M | 25.58M | 34.28M | 31.5M | 28.9M | 23.14M |
| R&D % of Revenue | 1.92% | 1.78% | 1.34% | 1.46% | 2.03% | 2% | 2.02% | 1.56% | 2.58% | 1.85% | 1.57% | 0.98% |
| Other Operating Expenses | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | 0 | 0 | -1000K | -1000K |
| Operating Income | 72.87M | -64.06M | 34.59M | 127.43M | -54.8M | -127.1M | 294K | 47.65M | 35.37M | -20.18M | 83.02M | 224.12M |
| Operating Margin % | 6.76% | -5.26% | 2.33% | 7.52% | -4.58% | -8.35% | 0.02% | 2.91% | 2.66% | -1.19% | 4.5% | 9.48% |
| Operating Income Growth % | 232.95% | 49.6% | 11664.97% | 167.44% | -254.95% | -529.75% | -99.65% | -78.74% | -75.71% | -114.87% | -6.37% | 93.01% |
| EBITDA | 61.05M | -70.07M | 36.8M | 273.21M | -55.24M | -111.84M | 13.74M | 169.65M | 145.37M | 390.35M | 86.46M | 269.29M |
| EBITDA Margin % | 5.66% | -5.76% | 2.47% | 16.13% | -4.62% | -7.35% | 0.91% | 10.37% | 10.94% | 22.93% | 4.68% | 11.39% |
| EBITDA Growth % | 210.52% | 37.35% | 167.89% | 61.04% | -138% | -128.65% | -84.11% | -37% | -31.94% | 110.14% | -40.24% | 101.29% |
| D&A (Non-Cash Add-back) | 0 | 0 | 0 | 145.78M | 0 | 0 | 0 | 122M | 110M | 410.54M | 0 | 0 |
| EBIT | 61.05M | -70.07M | 36.8M | 125.94M | -55.24M | -111.84M | 13.74M | 73.5M | 79.76M | 18.19M | 86.46M | 269.29M |
| Net Interest Income | -35.71M | -39.5M | -29.34M | -34.89M | -28.39M | -9.09M | -20.44M | -18.9M | -565K | -17.61M | -11.37M | -21M |
| Interest Income | 16.66M | 8.96M | 15.08M | 9.92M | 12.1M | 26.3M | 13.74M | 14.12M | 34.3M | 15.63M | 18.58M | 9.46M |
| Interest Expense | 52.37M | 48.46M | 44.41M | 44.81M | 40.49M | 35.4M | 34.18M | 33.02M | 34.87M | 33.25M | 29.95M | 30.45M |
| Other Income/Expense | -69.44M | -70.92M | -48.53M | -48.35M | -44.97M | -20.13M | -26.19M | -7.17M | 10.53M | 5.13M | -31.13M | 19.43M |
| Pretax Income | 3.43M | -134.98M | -13.94M | 79.08M | -99.78M | -147.23M | -25.9M | 40.48M | 45.9M | -15.05M | 51.89M | 243.56M |
| Pretax Margin % | 0.32% | -11.09% | -0.94% | 4.67% | -8.34% | -9.68% | -1.72% | 2.48% | 3.45% | -0.88% | 2.81% | 10.3% |
| Income Tax | 16.94M | -4.18M | 7.14M | 34.31M | -23.12M | -11.71M | -19.83M | 5.28M | 9.68M | -4.65M | -10.58M | 46.02M |
| Effective Tax Rate % | 493.82% | 3.1% | -51.21% | 43.39% | 23.17% | 7.95% | 76.56% | 13.05% | 21.08% | 30.89% | -20.4% | 18.89% |
| Net Income | -32.09M | -86.34M | 8.99M | 7.2M | -33.97M | 33.9M | -14.03M | 3.82M | 12.35M | -1.39M | 21.89M | 169.97M |
| Net Margin % | -2.98% | -7.09% | 0.6% | 0.42% | -2.84% | 2.23% | -0.93% | 0.23% | 0.93% | -0.08% | 1.19% | 7.19% |
| Net Income Growth % | 5.53% | -354.66% | 164.07% | 88.3% | -375.02% | 2546.1% | -164.07% | -97.75% | -85.24% | -101.78% | -72.1% | 128.26% |
| Net Income (Continuing) | -13.51M | -130.8M | -21.08M | 44.77M | -76.65M | -135.52M | -6.07M | 35.2M | 36.22M | -10.4M | 62.47M | 197.54M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 1.47B | 1.46B | 1.49B | 1.32B | 1.3B | 1.33B | 1.16B | 1.2B | 1.16B | 1.15B | 1.13B | 993.75M |
| EPS (Diluted) | -0.47 | -1.28 | 0.13 | 0.11 | -0.69 | 0.48 | -0.21 | 0.06 | 0.19 | -0.02 | 0.32 | 2.37 |
| EPS Growth % | 31.88% | -366.67% | 161.9% | 92.64% | -463.16% | 2385.71% | -165.63% | -97.59% | -83.76% | -101.89% | -70.91% | 125.71% |
| EPS (Basic) | -0.47 | -1.28 | 0.13 | 0.11 | -0.69 | 0.51 | -0.21 | 0.06 | 0.19 | -0.02 | 0.33 | 2.62 |
| Diluted Shares Outstanding | 67.82M | 67.71M | 67.62M | 66.96M | 66.96M | 73.36M | 66.93M | 66.98M | 66.64M | 66.04M | 72.93M | 71.69M |
| Basic Shares Outstanding | 67.82M | 67.71M | 67.62M | 66.96M | 66.96M | 66.95M | 66.52M | 66.41M | 66.16M | 66.04M | 66.01M | 64.91M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - |