Canadian Solar Financial and Operational Summary Q1 2022
Canadian Solar at a glance
OUR MISSION
To power the world with solar energy and create a
better and cleaner Earth for future generations
SUMMARY FINANCIAL AND OPERATIONAL METRICS (1Q22)
Revenue
$1.25
billion
Gross
margin
14.5%
EBITDA
$81
million
Net income
to CSIQ
$9 million
OUR ORIGINS
Founded in 2001 in Ontario, Canada
Listed on the NASDAQ as CSIQ in 2006
OUR PERFORMANCE
Top 5 global module brand with 30% annual growth in
shipments since 2013
19.8% 5-year average gross margin
4.1% 5-year average net profit margin
Global presence in 25 countries/territories, focusing on
premium markets
1. CSI Solar:
Solar
module
shipments
3.63 GW
Battery
storage
shipments
290 MWh
2. Global Energy:
Power
project
sales
24 GWP
27 GWh
solar
battery
350 MWP
project
pipeline
storage
pipeline
Global
Energy,
$93 mn
Revenue Breakdown 1Q22
CSI Solar,
$1,157 mn
China,
18%
North
America,
29%
Asia ex.
China,
20%
EMEA,
19%
Latin
America,
14%
CanadianSolar
MAKE THE DIFFERENCE
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