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

Schlumberger is the larger business by last-quarter revenue ($8.7B vs $4.5B, roughly 2.0× Canadian Solar Inc.). Schlumberger runs the higher net margin — 8.6% vs 1.3%, a 7.3% 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.

SLB, formerly known as Schlumberger, is an American multinational oilfield services company. Founded in France in 1926, the company is now incorporated as SLB N.V. in Willemstad, Curaçao, with principal executive offices in four cities: Paris, France; Houston, Texas, United States; London, UK; and The Hague, Netherlands. As of 2022, it is both the world's largest offshore drilling company and the world's largest offshore drilling contractor by revenue.

CSIQ vs SLB — Head-to-Head

Bigger by revenue
SLB
SLB
2.0× larger
SLB
$8.7B
$4.5B
CSIQ
Higher net margin
SLB
SLB
7.3% more per $
SLB
8.6%
1.3%
CSIQ

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
CSIQ
CSIQ
SLB
SLB
Revenue
$4.5B
$8.7B
Net Profit
$57.6M
$752.0M
Gross Margin
17.5%
Operating Margin
2.2%
Net Margin
1.3%
8.6%
Revenue YoY
2.7%
Net Profit YoY
-5.6%
EPS (diluted)
$0.50

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
SLB
SLB
Q1 26
$8.7B
Q4 25
$9.7B
Q3 25
$4.5B
$8.9B
Q2 25
$3.0B
$8.5B
Q1 25
$1.3B
$8.5B
Q4 24
$9.3B
Q3 24
$5.9B
$9.2B
Q2 24
$4.1B
$9.1B
Net Profit
CSIQ
CSIQ
SLB
SLB
Q1 26
$752.0M
Q4 25
$824.0M
Q3 25
$57.6M
$739.0M
Q2 25
$63.6M
$1.0B
Q1 25
$36.2M
$797.0M
Q4 24
$1.1B
Q3 24
$366.8M
$1.2B
Q2 24
$304.4M
$1.1B
Gross Margin
CSIQ
CSIQ
SLB
SLB
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
SLB
SLB
Q1 26
Q4 25
9.7%
Q3 25
2.2%
11.2%
Q2 25
3.3%
15.0%
Q1 25
3.7%
12.5%
Q4 24
14.9%
Q3 24
7.7%
16.5%
Q2 24
9.1%
15.5%
Net Margin
CSIQ
CSIQ
SLB
SLB
Q1 26
8.6%
Q4 25
8.5%
Q3 25
1.3%
8.3%
Q2 25
2.1%
11.9%
Q1 25
2.7%
9.4%
Q4 24
11.8%
Q3 24
6.2%
12.9%
Q2 24
7.5%
12.2%
EPS (diluted)
CSIQ
CSIQ
SLB
SLB
Q1 26
$0.50
Q4 25
$0.53
Q3 25
$0.50
Q2 25
$0.74
Q1 25
$0.58
Q4 24
$0.77
Q3 24
$0.83
Q2 24
$0.77

Balance Sheet & Financial Strength

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

Metric
CSIQ
CSIQ
SLB
SLB
Cash + ST InvestmentsLiquidity on hand
$1.7B
$3.4B
Total DebtLower is stronger
$9.7B
Stockholders' EquityBook value
$3.9B
$27.4B
Total Assets
$13.5B
$19.3B
Debt / EquityLower = less leverage
0.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CSIQ
CSIQ
SLB
SLB
Q1 26
$3.4B
Q4 25
$1.2B
Q3 25
$1.7B
$571.0M
Q2 25
$1.7B
$511.0M
Q1 25
$1.7B
$961.0M
Q4 24
$1.1B
Q3 24
$1.9B
$1.4B
Q2 24
$1.9B
$1.1B
Total Debt
CSIQ
CSIQ
SLB
SLB
Q1 26
$9.7B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
CSIQ
CSIQ
SLB
SLB
Q1 26
$27.4B
Q4 25
$26.1B
Q3 25
$3.9B
$25.6B
Q2 25
$3.9B
$20.3B
Q1 25
$3.9B
$19.5B
Q4 24
$21.1B
Q3 24
$3.7B
$21.5B
Q2 24
$3.7B
$21.1B
Total Assets
CSIQ
CSIQ
SLB
SLB
Q1 26
$19.3B
Q4 25
$54.9B
Q3 25
$13.5B
$55.1B
Q2 25
$13.5B
$48.8B
Q1 25
$13.5B
$49.0B
Q4 24
$48.9B
Q3 24
$11.9B
$49.8B
Q2 24
$11.9B
$49.4B
Debt / Equity
CSIQ
CSIQ
SLB
SLB
Q1 26
0.35×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

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
SLB
SLB
Operating Cash FlowLast quarter
$-187.7M
Free Cash FlowOCF − Capex
$103.0M
FCF MarginFCF / Revenue
1.2%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-3.26×
TTM Free Cash FlowTrailing 4 quarters
$4.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CSIQ
CSIQ
SLB
SLB
Q1 26
Q4 25
$3.0B
Q3 25
$-187.7M
$1.7B
Q2 25
$1.1B
Q1 25
$660.0M
Q4 24
$2.4B
Q3 24
$2.4B
Q2 24
$1.4B
Free Cash Flow
CSIQ
CSIQ
SLB
SLB
Q1 26
$103.0M
Q4 25
$2.5B
Q3 25
$1.3B
Q2 25
$771.0M
Q1 25
$262.0M
Q4 24
$1.8B
Q3 24
$2.0B
Q2 24
$973.0M
FCF Margin
CSIQ
CSIQ
SLB
SLB
Q1 26
1.2%
Q4 25
25.5%
Q3 25
14.3%
Q2 25
9.0%
Q1 25
3.1%
Q4 24
19.2%
Q3 24
21.7%
Q2 24
10.6%
Capex Intensity
CSIQ
CSIQ
SLB
SLB
Q1 26
Q4 25
5.3%
Q3 25
4.6%
Q2 25
4.3%
Q1 25
4.7%
Q4 24
6.6%
Q3 24
5.0%
Q2 24
5.1%
Cash Conversion
CSIQ
CSIQ
SLB
SLB
Q1 26
Q4 25
3.65×
Q3 25
-3.26×
2.28×
Q2 25
1.13×
Q1 25
0.83×
Q4 24
2.18×
Q3 24
2.06×
Q2 24
1.29×

Financial Flow Comparison

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

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