Canadian Solar Inc. (CSIQ) Q2 2026 Earnings Call Transcript
CSIQ's Q2 loss widens to $1.40 per share as revenues fell 28.7%, while battery storage shipments surged 73% year over year.
Canadian Solar NASDAQ: CSIQ reported second-quarter 2026 revenue of $1.2 billion, reaching the high end of its guidance range, as stronger module shipments in the United States and accelerated energy-storage deliveries supported manufacturing performance. The company recorded a net loss attributable to shareholders of $77 million, or $1.40 per share, amid elevated freight costs and ramp-up expenses at its Jeffersonville, Indiana, solar-cell facility.
Canadian Solar (CSIQ) came out with a quarterly loss of $1.4 per share versus the Zacks Consensus Estimate of a loss of $1.01. This compares to a loss of $0.53 per share a year ago.
Canadian Solar (NASDAQ:CSIQ) was one of the more punishing solar names in the first half of 2026.
CSIQ's expanding manufacturing capacity, robust solar/battery backlog, and growing LTSAs imply the excellent appetite for solar/energy storage offerings. Their vertically integrated manufacturing/operations may drive future top/bottom-line growth prospects, beyond the currently lumpy performance. Despite the mixed near-term guidance, CSIQ signals a 2026 transition year, with H2'26 and FY2027+ poised for delivery growth acceleration.
CSIQ expands U.S. manufacturing and builds a sizable solar and storage pipeline, but oversupply and cost pressures may test margins.
Canadian Solar is rated Buy, driven by a booming e-STORAGE business with a record $3.5B contracted backlog. CSIQ's e-STORAGE revenue is set to accelerate, with shipment guidance raised to 4.5–5.5 GWh in FY2026 and strong growth projected through 2027. Consensus expects CSIQ to return to profitability in FY2027, with EPS reaching $0.98 and revenue growth of 25.76% YoY.
FSLR, ENPH and CSIQ are solar stocks to watch as AI-driven power demand boosts growth despite policy and tariff pressures.
Canadian Solar Inc. (CSIQ) Q1 2026 Earnings Call Transcript
Canadian Solar NASDAQ: CSIQ reported first-quarter 2026 revenue at the high end of its forecast and a stronger-than-expected gross margin, helped by tariff refund accruals, while the company still posted a net loss amid higher operating costs, foreign exchange losses and tax expense accruals.
Looking beyond Wall Street's top-and-bottom-line estimate forecasts for Canadian Solar (CSIQ), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2026.