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

Canadian Solar Inc. is the larger business by last-quarter revenue ($4.5B vs $3.9B, roughly 1.2× SONIC AUTOMOTIVE INC). Canadian Solar Inc. runs the higher net margin — 1.3% vs 1.2%, a 0.1% 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.

Sonic Automotive is a Fortune 500 company based in Charlotte, North Carolina, and is the fifth largest automotive retailer in the United States as measured by total revenues. The company was founded by O Bruton Smith and completed its initial public offering on the NYSE in 1997.

CSIQ vs SAH — Head-to-Head

Bigger by revenue
CSIQ
CSIQ
1.2× larger
CSIQ
$4.5B
$3.9B
SAH
Higher net margin
CSIQ
CSIQ
0.1% more per $
CSIQ
1.3%
1.2%
SAH

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
CSIQ
CSIQ
SAH
SAH
Revenue
$4.5B
$3.9B
Net Profit
$57.6M
$46.9M
Gross Margin
17.5%
15.5%
Operating Margin
2.2%
3.2%
Net Margin
1.3%
1.2%
Revenue YoY
-0.6%
Net Profit YoY
-20.0%
EPS (diluted)
$1.39

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
SAH
SAH
Q4 25
$3.9B
Q3 25
$4.5B
$4.0B
Q2 25
$3.0B
$3.7B
Q1 25
$1.3B
$3.7B
Q4 24
$3.9B
Q3 24
$5.9B
$3.5B
Q2 24
$4.1B
$3.5B
Q1 24
$3.4B
Net Profit
CSIQ
CSIQ
SAH
SAH
Q4 25
$46.9M
Q3 25
$57.6M
$46.8M
Q2 25
$63.6M
$-45.6M
Q1 25
$36.2M
$70.6M
Q4 24
$58.6M
Q3 24
$366.8M
$74.2M
Q2 24
$304.4M
$41.2M
Q1 24
$42.0M
Gross Margin
CSIQ
CSIQ
SAH
SAH
Q4 25
15.5%
Q3 25
17.5%
15.5%
Q2 25
18.0%
16.5%
Q1 25
19.0%
15.5%
Q4 24
14.7%
Q3 24
18.0%
15.6%
Q2 24
18.7%
15.6%
Q1 24
15.8%
Operating Margin
CSIQ
CSIQ
SAH
SAH
Q4 25
3.2%
Q3 25
2.2%
3.1%
Q2 25
3.3%
-0.6%
Q1 25
3.7%
4.0%
Q4 24
3.4%
Q3 24
7.7%
3.3%
Q2 24
9.1%
3.1%
Q1 24
3.2%
Net Margin
CSIQ
CSIQ
SAH
SAH
Q4 25
1.2%
Q3 25
1.3%
1.2%
Q2 25
2.1%
-1.2%
Q1 25
2.7%
1.9%
Q4 24
1.5%
Q3 24
6.2%
2.1%
Q2 24
7.5%
1.2%
Q1 24
1.2%
EPS (diluted)
CSIQ
CSIQ
SAH
SAH
Q4 25
$1.39
Q3 25
$1.33
Q2 25
$-1.34
Q1 25
$2.04
Q4 24
$1.67
Q3 24
$2.13
Q2 24
$1.18
Q1 24
$1.20

Balance Sheet & Financial Strength

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

Metric
CSIQ
CSIQ
SAH
SAH
Cash + ST InvestmentsLiquidity on hand
$1.7B
$6.3M
Total DebtLower is stronger
$1.6B
Stockholders' EquityBook value
$3.9B
$1.1B
Total Assets
$13.5B
$6.0B
Debt / EquityLower = less leverage
1.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CSIQ
CSIQ
SAH
SAH
Q4 25
$6.3M
Q3 25
$1.7B
$89.4M
Q2 25
$1.7B
$110.4M
Q1 25
$1.7B
$64.6M
Q4 24
$44.0M
Q3 24
$1.9B
$17.6M
Q2 24
$1.9B
$67.2M
Q1 24
$15.1M
Total Debt
CSIQ
CSIQ
SAH
SAH
Q4 25
$1.6B
Q3 25
$1.5B
Q2 25
$1.5B
Q1 25
$1.6B
Q4 24
$1.6B
Q3 24
$1.7B
Q2 24
$1.7B
Q1 24
$1.7B
Stockholders' Equity
CSIQ
CSIQ
SAH
SAH
Q4 25
$1.1B
Q3 25
$3.9B
$1.1B
Q2 25
$3.9B
$1.0B
Q1 25
$3.9B
$1.1B
Q4 24
$1.1B
Q3 24
$3.7B
$1.0B
Q2 24
$3.7B
$944.7M
Q1 24
$904.4M
Total Assets
CSIQ
CSIQ
SAH
SAH
Q4 25
$6.0B
Q3 25
$13.5B
$6.0B
Q2 25
$13.5B
$5.9B
Q1 25
$13.5B
$5.9B
Q4 24
$5.9B
Q3 24
$11.9B
$5.8B
Q2 24
$11.9B
$5.8B
Q1 24
$5.4B
Debt / Equity
CSIQ
CSIQ
SAH
SAH
Q4 25
1.51×
Q3 25
1.39×
Q2 25
1.48×
Q1 25
1.44×
Q4 24
1.49×
Q3 24
1.67×
Q2 24
1.81×
Q1 24
1.83×

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
SAH
SAH
Operating Cash FlowLast quarter
$-187.7M
$66.9M
Free Cash FlowOCF − Capex
$-195.6M
FCF MarginFCF / Revenue
-5.1%
Capex IntensityCapex / Revenue
6.8%
Cash ConversionOCF / Net Profit
-3.26×
1.43×
TTM Free Cash FlowTrailing 4 quarters
$192.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CSIQ
CSIQ
SAH
SAH
Q4 25
$66.9M
Q3 25
$-187.7M
$167.9M
Q2 25
$136.8M
Q1 25
$195.8M
Q4 24
$87.7M
Q3 24
$87.8M
Q2 24
$-136.4M
Q1 24
$70.1M
Free Cash Flow
CSIQ
CSIQ
SAH
SAH
Q4 25
$-195.6M
Q3 25
$134.4M
Q2 25
$102.7M
Q1 25
$150.8M
Q4 24
$-245.5M
Q3 24
$34.5M
Q2 24
$-185.2M
Q1 24
$26.3M
FCF Margin
CSIQ
CSIQ
SAH
SAH
Q4 25
-5.1%
Q3 25
3.4%
Q2 25
2.8%
Q1 25
4.1%
Q4 24
-6.3%
Q3 24
1.0%
Q2 24
-5.4%
Q1 24
0.8%
Capex Intensity
CSIQ
CSIQ
SAH
SAH
Q4 25
6.8%
Q3 25
0.8%
Q2 25
0.9%
Q1 25
1.2%
Q4 24
8.6%
Q3 24
1.5%
Q2 24
1.4%
Q1 24
1.3%
Cash Conversion
CSIQ
CSIQ
SAH
SAH
Q4 25
1.43×
Q3 25
-3.26×
3.59×
Q2 25
Q1 25
2.77×
Q4 24
1.50×
Q3 24
1.18×
Q2 24
-3.31×
Q1 24
1.67×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CSIQ
CSIQ

Segment breakdown not available.

SAH
SAH

Retail New Vehicles$1.9B48%
Other$1.2B31%
Parts Serviceand Collision Repair$515.2M13%
Finance Insurance And Other Net$202.2M5%
Wholesale Vehicles$63.9M2%
Fleet New Vehicles$24.0M1%

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