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

Canadian Solar Inc. is the larger business by last-quarter revenue ($4.5B vs $3.0B, roughly 1.5× Mosaic Company (The)). Canadian Solar Inc. runs the higher net margin — 1.3% vs -17.5%, a 18.8% 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.

The Mosaic Company is an American chemical company based in Tampa, Florida, which mines phosphate, potash, and collects urea for fertilizer, through various international distribution networks, and Mosaic Fertilizantes. It is the largest U.S. producer of potash and phosphate fertilizer.

CSIQ vs MOS — Head-to-Head

Bigger by revenue
CSIQ
CSIQ
1.5× larger
CSIQ
$4.5B
$3.0B
MOS
Higher net margin
CSIQ
CSIQ
18.8% more per $
CSIQ
1.3%
-17.5%
MOS

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
CSIQ
CSIQ
MOS
MOS
Revenue
$4.5B
$3.0B
Net Profit
$57.6M
$-519.5M
Gross Margin
17.5%
11.5%
Operating Margin
2.2%
-3.4%
Net Margin
1.3%
-17.5%
Revenue YoY
5.6%
Net Profit YoY
-407.4%
EPS (diluted)
$-1.63

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
MOS
MOS
Q4 25
$3.0B
Q3 25
$4.5B
$3.5B
Q2 25
$3.0B
$3.0B
Q1 25
$1.3B
$2.6B
Q4 24
$2.8B
Q3 24
$5.9B
$2.8B
Q2 24
$4.1B
$2.8B
Q1 24
$2.7B
Net Profit
CSIQ
CSIQ
MOS
MOS
Q4 25
$-519.5M
Q3 25
$57.6M
$411.4M
Q2 25
$63.6M
$410.7M
Q1 25
$36.2M
$238.1M
Q4 24
$169.0M
Q3 24
$366.8M
$122.2M
Q2 24
$304.4M
$-161.5M
Q1 24
$45.2M
Gross Margin
CSIQ
CSIQ
MOS
MOS
Q4 25
11.5%
Q3 25
17.5%
16.0%
Q2 25
18.0%
17.3%
Q1 25
19.0%
18.6%
Q4 24
10.7%
Q3 24
18.0%
14.8%
Q2 24
18.7%
14.0%
Q1 24
14.9%
Operating Margin
CSIQ
CSIQ
MOS
MOS
Q4 25
-3.4%
Q3 25
2.2%
9.8%
Q2 25
3.3%
8.1%
Q1 25
3.7%
12.9%
Q4 24
3.5%
Q3 24
7.7%
4.1%
Q2 24
9.1%
8.3%
Q1 24
6.5%
Net Margin
CSIQ
CSIQ
MOS
MOS
Q4 25
-17.5%
Q3 25
1.3%
11.9%
Q2 25
2.1%
13.7%
Q1 25
2.7%
9.1%
Q4 24
6.0%
Q3 24
6.2%
4.3%
Q2 24
7.5%
-5.7%
Q1 24
1.7%
EPS (diluted)
CSIQ
CSIQ
MOS
MOS
Q4 25
$-1.63
Q3 25
$1.29
Q2 25
$1.29
Q1 25
$0.75
Q4 24
$0.53
Q3 24
$0.38
Q2 24
$-0.50
Q1 24
$0.14

Balance Sheet & Financial Strength

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

Metric
CSIQ
CSIQ
MOS
MOS
Cash + ST InvestmentsLiquidity on hand
$1.7B
$276.6M
Total DebtLower is stronger
$4.3B
Stockholders' EquityBook value
$3.9B
$12.1B
Total Assets
$13.5B
$24.5B
Debt / EquityLower = less leverage
0.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CSIQ
CSIQ
MOS
MOS
Q4 25
$276.6M
Q3 25
$1.7B
$153.3M
Q2 25
$1.7B
$286.2M
Q1 25
$1.7B
$259.2M
Q4 24
$272.8M
Q3 24
$1.9B
$301.6M
Q2 24
$1.9B
$322.0M
Q1 24
$336.7M
Total Debt
CSIQ
CSIQ
MOS
MOS
Q4 25
$4.3B
Q3 25
$3.4B
Q2 25
$3.3B
Q1 25
$3.3B
Q4 24
$3.3B
Q3 24
$3.2B
Q2 24
$3.2B
Q1 24
$3.2B
Stockholders' Equity
CSIQ
CSIQ
MOS
MOS
Q4 25
$12.1B
Q3 25
$3.9B
$12.8B
Q2 25
$3.9B
$12.4B
Q1 25
$3.9B
$11.8B
Q4 24
$11.5B
Q3 24
$3.7B
$11.8B
Q2 24
$3.7B
$11.7B
Q1 24
$12.0B
Total Assets
CSIQ
CSIQ
MOS
MOS
Q4 25
$24.5B
Q3 25
$13.5B
$24.7B
Q2 25
$13.5B
$24.3B
Q1 25
$13.5B
$23.2B
Q4 24
$22.9B
Q3 24
$11.9B
$23.3B
Q2 24
$11.9B
$22.6B
Q1 24
$22.9B
Debt / Equity
CSIQ
CSIQ
MOS
MOS
Q4 25
0.35×
Q3 25
0.26×
Q2 25
0.27×
Q1 25
0.28×
Q4 24
0.29×
Q3 24
0.27×
Q2 24
0.27×
Q1 24
0.27×

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
MOS
MOS
Operating Cash FlowLast quarter
$-187.7M
$-56.1M
Free Cash FlowOCF − Capex
$-405.7M
FCF MarginFCF / Revenue
-13.6%
Capex IntensityCapex / Revenue
11.8%
Cash ConversionOCF / Net Profit
-3.26×
TTM Free Cash FlowTrailing 4 quarters
$-534.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CSIQ
CSIQ
MOS
MOS
Q4 25
$-56.1M
Q3 25
$-187.7M
$228.5M
Q2 25
$609.5M
Q1 25
$42.9M
Q4 24
$219.3M
Q3 24
$312.9M
Q2 24
$847.0M
Q1 24
$-80.0M
Free Cash Flow
CSIQ
CSIQ
MOS
MOS
Q4 25
$-405.7M
Q3 25
$-135.9M
Q2 25
$304.9M
Q1 25
$-297.9M
Q4 24
$-74.8M
Q3 24
$72.1M
Q2 24
$513.1M
Q1 24
$-463.0M
FCF Margin
CSIQ
CSIQ
MOS
MOS
Q4 25
-13.6%
Q3 25
-3.9%
Q2 25
10.1%
Q1 25
-11.4%
Q4 24
-2.7%
Q3 24
2.6%
Q2 24
18.2%
Q1 24
-17.3%
Capex Intensity
CSIQ
CSIQ
MOS
MOS
Q4 25
11.8%
Q3 25
10.6%
Q2 25
10.1%
Q1 25
13.0%
Q4 24
10.4%
Q3 24
8.6%
Q2 24
11.9%
Q1 24
14.3%
Cash Conversion
CSIQ
CSIQ
MOS
MOS
Q4 25
Q3 25
-3.26×
0.56×
Q2 25
1.48×
Q1 25
0.18×
Q4 24
1.30×
Q3 24
2.56×
Q2 24
Q1 24
-1.77×

Financial Flow Comparison

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

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