Canadian Solar (CSIQ) Tops Q1 EPS by 11c, Beats on Revenue; Offers Guidance

Canadian Solar (NASDAQ: CSIQ) reported Q1 EPS of ($0.71), $0.11 better than the analyst estimate of ($0.82). Revenue for the quarter came in at $1.1 billion versus the consensus estimate of $950.39 million.

In Q2 2026, the Company expects total revenue to be in the range of $1.0 billion to $1.2 billion. Gross margin is expected to be between 13% and 15%. Total module shipments recognized as revenue are expected to be in the range of 3.1 GW to 3.3 GW. Total battery energy storage shipments in Q2 2026 are expected to be in the range of 2.8 GWh to 3.2 GWh, including approximately 400 MWh to internal and external projects under execution.

The Company is reiterating its guidance of 6.5 to 7.0 GW of solar modules and 4.5 to 5.5 GWh of battery energy storage solutions for the U.S. market in 2026.

For earnings history and earnings-related data on Canadian Solar (CSIQ) click here.

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