vs

Side-by-side financial comparison of Canadian Solar Inc. (CSIQ) and DaVita (DVA). Click either name above to swap in a different company.

Canadian Solar Inc. is the larger business by last-quarter revenue ($4.5B vs $3.6B, roughly 1.2× DaVita). DaVita runs the higher net margin — 6.5% vs 1.3%, a 5.2% gap on every dollar of revenue.

Canadian Solar Inc. is a global renewable energy company. Headquartered in Kitchener, Ontario, the company manufactures solar PV modules, provides battery energy storage solutions and develops utility-scale solar power and battery energy storage projects.

DaVita Inc. is an American company that provides kidney dialysis services through a network of 2,675 outpatient centers in the United States, serving 200,800 patients, and 367 outpatient centers in 11 other countries serving 49,400 patients. The company primarily treats end-stage renal disease (ESRD), which requires patients to undergo kidney dialysis, often 3 times per week for the rest of their lives unless they receive a kidney transplant via organ donation.

CSIQ vs DVA — Head-to-Head

Bigger by revenue
CSIQ
CSIQ
1.2× larger
CSIQ
$4.5B
$3.6B
DVA
Higher net margin
DVA
DVA
5.2% more per $
DVA
6.5%
1.3%
CSIQ

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
CSIQ
CSIQ
DVA
DVA
Revenue
$4.5B
$3.6B
Net Profit
$57.6M
$234.2M
Gross Margin
17.5%
Operating Margin
2.2%
15.5%
Net Margin
1.3%
6.5%
Revenue YoY
12.3%
Net Profit YoY
43.8%
EPS (diluted)
$3.22

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CSIQ
CSIQ
DVA
DVA
Q1 26
$3.6B
Q4 25
$3.6B
Q3 25
$4.5B
$3.4B
Q2 25
$3.0B
$3.4B
Q1 25
$1.3B
$3.2B
Q4 24
$3.3B
Q3 24
$5.9B
$3.3B
Q2 24
$4.1B
$3.2B
Net Profit
CSIQ
CSIQ
DVA
DVA
Q1 26
$234.2M
Q4 25
$234.2M
Q3 25
$57.6M
$150.3M
Q2 25
$63.6M
$199.3M
Q1 25
$36.2M
$162.9M
Q4 24
$259.3M
Q3 24
$366.8M
$214.7M
Q2 24
$304.4M
$222.7M
Gross Margin
CSIQ
CSIQ
DVA
DVA
Q1 26
Q4 25
Q3 25
17.5%
Q2 25
18.0%
Q1 25
19.0%
Q4 24
Q3 24
18.0%
Q2 24
18.7%
Operating Margin
CSIQ
CSIQ
DVA
DVA
Q1 26
15.5%
Q4 25
15.5%
Q3 25
2.2%
14.8%
Q2 25
3.3%
15.9%
Q1 25
3.7%
13.6%
Q4 24
17.2%
Q3 24
7.7%
16.4%
Q2 24
9.1%
15.9%
Net Margin
CSIQ
CSIQ
DVA
DVA
Q1 26
6.5%
Q4 25
6.5%
Q3 25
1.3%
4.4%
Q2 25
2.1%
5.9%
Q1 25
2.7%
5.1%
Q4 24
7.9%
Q3 24
6.2%
6.6%
Q2 24
7.5%
7.0%
EPS (diluted)
CSIQ
CSIQ
DVA
DVA
Q1 26
$3.22
Q4 25
$3.22
Q3 25
$2.04
Q2 25
$2.58
Q1 25
$2.00
Q4 24
$3.08
Q3 24
$2.50
Q2 24
$2.50

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CSIQ
CSIQ
DVA
DVA
Cash + ST InvestmentsLiquidity on hand
$1.7B
$700.7M
Total DebtLower is stronger
$10.2B
Stockholders' EquityBook value
$3.9B
$-651.1M
Total Assets
$13.5B
$17.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CSIQ
CSIQ
DVA
DVA
Q1 26
$700.7M
Q4 25
$700.7M
Q3 25
$1.7B
$736.5M
Q2 25
$1.7B
$739.4M
Q1 25
$1.7B
$511.9M
Q4 24
$846.0M
Q3 24
$1.9B
$1.1B
Q2 24
$1.9B
$437.2M
Total Debt
CSIQ
CSIQ
DVA
DVA
Q1 26
$10.2B
Q4 25
$10.2B
Q3 25
$10.2B
Q2 25
$10.1B
Q1 25
$9.6B
Q4 24
$9.2B
Q3 24
$9.3B
Q2 24
$8.5B
Stockholders' Equity
CSIQ
CSIQ
DVA
DVA
Q1 26
$-651.1M
Q4 25
$-651.1M
Q3 25
$3.9B
$-571.9M
Q2 25
$3.9B
$-369.6M
Q1 25
$3.9B
$-267.1M
Q4 24
$121.1M
Q3 24
$3.7B
$386.7M
Q2 24
$3.7B
$632.9M
Total Assets
CSIQ
CSIQ
DVA
DVA
Q1 26
$17.5B
Q4 25
$17.5B
Q3 25
$13.5B
$17.6B
Q2 25
$13.5B
$17.5B
Q1 25
$13.5B
$17.1B
Q4 24
$17.3B
Q3 24
$11.9B
$17.5B
Q2 24
$11.9B
$17.0B
Debt / Equity
CSIQ
CSIQ
DVA
DVA
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
75.76×
Q3 24
23.95×
Q2 24
13.35×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CSIQ
CSIQ
DVA
DVA
Operating Cash FlowLast quarter
$-187.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-3.26×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CSIQ
CSIQ
DVA
DVA
Q1 26
Q4 25
$540.7M
Q3 25
$-187.7M
$841.5M
Q2 25
$324.2M
Q1 25
$180.0M
Q4 24
$547.6M
Q3 24
$810.4M
Q2 24
$798.8M
Free Cash Flow
CSIQ
CSIQ
DVA
DVA
Q1 26
Q4 25
$395.3M
Q3 25
$675.4M
Q2 25
$203.1M
Q1 25
$36.8M
Q4 24
$377.0M
Q3 24
$671.4M
Q2 24
$674.1M
FCF Margin
CSIQ
CSIQ
DVA
DVA
Q1 26
Q4 25
10.9%
Q3 25
19.7%
Q2 25
6.0%
Q1 25
1.1%
Q4 24
11.4%
Q3 24
20.6%
Q2 24
21.2%
Capex Intensity
CSIQ
CSIQ
DVA
DVA
Q1 26
Q4 25
4.0%
Q3 25
4.9%
Q2 25
3.6%
Q1 25
4.4%
Q4 24
5.2%
Q3 24
4.3%
Q2 24
3.9%
Cash Conversion
CSIQ
CSIQ
DVA
DVA
Q1 26
Q4 25
2.31×
Q3 25
-3.26×
5.60×
Q2 25
1.63×
Q1 25
1.10×
Q4 24
2.11×
Q3 24
3.77×
Q2 24
3.59×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons