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

Canadian Solar Inc. is the larger business by last-quarter revenue ($4.5B vs $2.4B, roughly 1.9× SEABOARD CORP). SEABOARD CORP runs the higher net margin — 10.6% vs 1.3%, a 9.3% 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.

Seaboard Corporation is a diverse multinational agribusiness and transportation conglomerate with integrated operations in several industries. In the United States, the company mainly engages in pork production and processing and ocean transportation. Internationally, Seaboard is primarily engaged in commodity merchandising, grain processing, sugar production and electrical power generation. The parent company, Seaboard Corporation is based in the Kansas City suburb of Merriam, Kansas. Its su...

CSIQ vs SEB — Head-to-Head

Bigger by revenue
CSIQ
CSIQ
1.9× larger
CSIQ
$4.5B
$2.4B
SEB
Higher net margin
SEB
SEB
9.3% more per $
SEB
10.6%
1.3%
CSIQ

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
CSIQ
CSIQ
SEB
SEB
Revenue
$4.5B
$2.4B
Net Profit
$57.6M
$255.0M
Gross Margin
17.5%
7.9%
Operating Margin
2.2%
2.7%
Net Margin
1.3%
10.6%
Revenue YoY
-2.9%
Net Profit YoY
63.5%
EPS (diluted)
$262.58

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
SEB
SEB
Q4 25
$2.4B
Q3 25
$4.5B
$2.5B
Q2 25
$3.0B
$2.5B
Q1 25
$1.3B
$2.3B
Q4 24
$2.5B
Q3 24
$5.9B
$2.2B
Q2 24
$4.1B
$2.2B
Q1 24
$2.2B
Net Profit
CSIQ
CSIQ
SEB
SEB
Q4 25
$255.0M
Q3 25
$57.6M
$110.0M
Q2 25
$63.6M
$104.0M
Q1 25
$36.2M
$32.0M
Q4 24
$156.0M
Q3 24
$366.8M
$-149.0M
Q2 24
$304.4M
$61.0M
Q1 24
$22.0M
Gross Margin
CSIQ
CSIQ
SEB
SEB
Q4 25
7.9%
Q3 25
17.5%
7.8%
Q2 25
18.0%
6.5%
Q1 25
19.0%
6.1%
Q4 24
9.0%
Q3 24
18.0%
6.2%
Q2 24
18.7%
5.8%
Q1 24
4.0%
Operating Margin
CSIQ
CSIQ
SEB
SEB
Q4 25
2.7%
Q3 25
2.2%
3.3%
Q2 25
3.3%
2.1%
Q1 25
3.7%
1.6%
Q4 24
4.6%
Q3 24
7.7%
1.4%
Q2 24
9.1%
1.4%
Q1 24
-0.9%
Net Margin
CSIQ
CSIQ
SEB
SEB
Q4 25
10.6%
Q3 25
1.3%
4.3%
Q2 25
2.1%
4.2%
Q1 25
2.7%
1.4%
Q4 24
6.3%
Q3 24
6.2%
-6.7%
Q2 24
7.5%
2.8%
Q1 24
1.0%
EPS (diluted)
CSIQ
CSIQ
SEB
SEB
Q4 25
$262.58
Q3 25
$113.71
Q2 25
$105.22
Q1 25
$32.95
Q4 24
$158.58
Q3 24
$-153.44
Q2 24
$62.82
Q1 24
$22.66

Balance Sheet & Financial Strength

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

Metric
CSIQ
CSIQ
SEB
SEB
Cash + ST InvestmentsLiquidity on hand
$1.7B
$1.2B
Total DebtLower is stronger
Stockholders' EquityBook value
$3.9B
$5.2B
Total Assets
$13.5B
$8.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CSIQ
CSIQ
SEB
SEB
Q4 25
$1.2B
Q3 25
$1.7B
$1.2B
Q2 25
$1.7B
$1.1B
Q1 25
$1.7B
$1.1B
Q4 24
$1.2B
Q3 24
$1.9B
$1.2B
Q2 24
$1.9B
$1.2B
Q1 24
$1.2B
Stockholders' Equity
CSIQ
CSIQ
SEB
SEB
Q4 25
$5.2B
Q3 25
$3.9B
$5.0B
Q2 25
$3.9B
$4.8B
Q1 25
$3.9B
$4.7B
Q4 24
$4.7B
Q3 24
$3.7B
$4.5B
Q2 24
$3.7B
$4.7B
Q1 24
$4.6B
Total Assets
CSIQ
CSIQ
SEB
SEB
Q4 25
$8.2B
Q3 25
$13.5B
$8.0B
Q2 25
$13.5B
$7.9B
Q1 25
$13.5B
$7.6B
Q4 24
$7.7B
Q3 24
$11.9B
$7.5B
Q2 24
$11.9B
$7.7B
Q1 24
$7.6B

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
SEB
SEB
Operating Cash FlowLast quarter
$-187.7M
$188.0M
Free Cash FlowOCF − Capex
$53.0M
FCF MarginFCF / Revenue
2.2%
Capex IntensityCapex / Revenue
5.6%
Cash ConversionOCF / Net Profit
-3.26×
0.74×
TTM Free Cash FlowTrailing 4 quarters
$6.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CSIQ
CSIQ
SEB
SEB
Q4 25
$188.0M
Q3 25
$-187.7M
$319.0M
Q2 25
$81.0M
Q1 25
$-20.0M
Q4 24
$300.0M
Q3 24
$194.0M
Q2 24
$6.0M
Q1 24
$19.0M
Free Cash Flow
CSIQ
CSIQ
SEB
SEB
Q4 25
$53.0M
Q3 25
$152.0M
Q2 25
$-70.0M
Q1 25
$-129.0M
Q4 24
$162.0M
Q3 24
$58.0M
Q2 24
$-127.0M
Q1 24
$-85.0M
FCF Margin
CSIQ
CSIQ
SEB
SEB
Q4 25
2.2%
Q3 25
6.0%
Q2 25
-2.8%
Q1 25
-5.6%
Q4 24
6.5%
Q3 24
2.6%
Q2 24
-5.7%
Q1 24
-3.9%
Capex Intensity
CSIQ
CSIQ
SEB
SEB
Q4 25
5.6%
Q3 25
6.6%
Q2 25
6.1%
Q1 25
4.7%
Q4 24
5.6%
Q3 24
6.1%
Q2 24
6.0%
Q1 24
4.7%
Cash Conversion
CSIQ
CSIQ
SEB
SEB
Q4 25
0.74×
Q3 25
-3.26×
2.90×
Q2 25
0.78×
Q1 25
-0.63×
Q4 24
1.92×
Q3 24
Q2 24
0.10×
Q1 24
0.86×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CSIQ
CSIQ

Segment breakdown not available.

SEB
SEB

Commodity Trading And Milling$1.3B52%
Pork Segment$469.0M19%
Marine$444.0M18%
Other$108.0M4%
Energy Service$56.0M2%
Product And Service Other Services$15.0M1%
Transportation$6.0M0%

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