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Income Statement (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Revenue | 1.69B | 41.6% |
| Gross Profit | 505M | 259.5% |
| Cost of Revenue | 1.19B | 12.6% |
| Operating expense | 378M | 93.3% |
| Net Income | 7.2M | 121.2% |
| EBITDA | 126M | 328% |
Balance Sheet (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Total Assets | 14.8B | 6.6% |
| Total Liabilities | 10.6B | 8.3% |
| Total Equity | 2.85B | 3.1% |
| Shares Outstanding | 67M | 0% |
Cash Flow (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Cash from operations | 189M | 171.4% |
| Cash from investing | -448M | 4.4% |
| Cash from financing | 471M | 13.4% |
EPS
Financial Highlights for Canadian Solar in Q2 '25
Canadian Solar reported a revenue of 1.69B, which is a 41.6% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 505M, marking a 259.5% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 1.19B, a 12.6% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 378M, showing a 93.3% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 7.2M, showing a 121.2% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 126M, showing a 328% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Canadian Solar with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
