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Side-by-side financial comparison of Canadian Solar Inc. (CSIQ) and Triumph Financial, Inc. (TFIN). 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× Triumph Financial, Inc.). Canadian Solar Inc. runs the higher net margin — 1.3% vs 0.3%, a 1.0% 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 Triumph Motor Company was a British car and motor manufacturing company in the 19th and 20th centuries. The marque had its origins in 1885 when Siegfried Bettmann of Nuremberg formed S. Bettmann & Co. and started importing bicycles from Europe and selling them under his own trade name in London. The trade name became "Triumph" the following year, and in 1887 Bettmann was joined by a partner, Moritz Schulte, also from Germany. In 1889, the businessmen started producing their own bicycles i...

CSIQ vs TFIN — Head-to-Head

Bigger by revenue
CSIQ
CSIQ
1.9× larger
CSIQ
$4.5B
$2.4B
TFIN
Higher net margin
CSIQ
CSIQ
1.0% more per $
CSIQ
1.3%
0.3%
TFIN

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
CSIQ
CSIQ
TFIN
TFIN
Revenue
$4.5B
$2.4B
Net Profit
$57.6M
$6.4M
Gross Margin
17.5%
86.1%
Operating Margin
2.2%
Net Margin
1.3%
0.3%
Revenue YoY
2.6%
Net Profit YoY
-66.9%
EPS (diluted)
$0.23

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
TFIN
TFIN
Q1 26
$2.4B
Q4 25
$120.1M
Q3 25
$4.5B
$109.3M
Q2 25
$3.0B
$108.1M
Q1 25
$1.3B
$101.6M
Q4 24
$103.6M
Q3 24
$5.9B
$106.2M
Q2 24
$4.1B
$105.1M
Net Profit
CSIQ
CSIQ
TFIN
TFIN
Q1 26
$6.4M
Q4 25
Q3 25
$57.6M
$1.7M
Q2 25
$63.6M
$4.4M
Q1 25
$36.2M
$17.0K
Q4 24
$3.8M
Q3 24
$366.8M
$5.3M
Q2 24
$304.4M
$2.7M
Gross Margin
CSIQ
CSIQ
TFIN
TFIN
Q1 26
86.1%
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
TFIN
TFIN
Q1 26
Q4 25
Q3 25
2.2%
1.2%
Q2 25
3.3%
7.3%
Q1 25
3.7%
0.1%
Q4 24
5.6%
Q3 24
7.7%
5.9%
Q2 24
9.1%
3.4%
Net Margin
CSIQ
CSIQ
TFIN
TFIN
Q1 26
0.3%
Q4 25
Q3 25
1.3%
1.6%
Q2 25
2.1%
4.1%
Q1 25
2.7%
0.0%
Q4 24
3.7%
Q3 24
6.2%
5.0%
Q2 24
7.5%
2.6%
EPS (diluted)
CSIQ
CSIQ
TFIN
TFIN
Q1 26
$0.23
Q4 25
Q3 25
$0.04
Q2 25
$0.15
Q1 25
$-0.03
Q4 24
$0.13
Q3 24
$0.19
Q2 24
$0.08

Balance Sheet & Financial Strength

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

Metric
CSIQ
CSIQ
TFIN
TFIN
Cash + ST InvestmentsLiquidity on hand
$1.7B
Total DebtLower is stronger
Stockholders' EquityBook value
$3.9B
$950.7M
Total Assets
$13.5B
$6.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CSIQ
CSIQ
TFIN
TFIN
Q1 26
Q4 25
$248.5M
Q3 25
$1.7B
$147.2M
Q2 25
$1.7B
$282.3M
Q1 25
$1.7B
$502.9M
Q4 24
$330.1M
Q3 24
$1.9B
$489.3M
Q2 24
$1.9B
$500.7M
Stockholders' Equity
CSIQ
CSIQ
TFIN
TFIN
Q1 26
$950.7M
Q4 25
$941.8M
Q3 25
$3.9B
$919.3M
Q2 25
$3.9B
$912.4M
Q1 25
$3.9B
$893.9M
Q4 24
$890.9M
Q3 24
$3.7B
$885.8M
Q2 24
$3.7B
$874.2M
Total Assets
CSIQ
CSIQ
TFIN
TFIN
Q1 26
$6.9B
Q4 25
$6.4B
Q3 25
$13.5B
$6.4B
Q2 25
$13.5B
$6.5B
Q1 25
$13.5B
$6.3B
Q4 24
$5.9B
Q3 24
$11.9B
$5.9B
Q2 24
$11.9B
$5.8B

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
TFIN
TFIN
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
TFIN
TFIN
Q1 26
Q4 25
$67.1M
Q3 25
$-187.7M
$24.4M
Q2 25
$9.8M
Q1 25
$-3.6M
Q4 24
$58.5M
Q3 24
$26.6M
Q2 24
$21.9M
Free Cash Flow
CSIQ
CSIQ
TFIN
TFIN
Q1 26
Q4 25
Q3 25
$22.4M
Q2 25
$6.8M
Q1 25
$-7.9M
Q4 24
Q3 24
$25.8M
Q2 24
$-31.9M
FCF Margin
CSIQ
CSIQ
TFIN
TFIN
Q1 26
Q4 25
Q3 25
20.5%
Q2 25
6.2%
Q1 25
-7.7%
Q4 24
Q3 24
24.3%
Q2 24
-30.3%
Capex Intensity
CSIQ
CSIQ
TFIN
TFIN
Q1 26
Q4 25
Q3 25
1.8%
Q2 25
2.8%
Q1 25
4.2%
Q4 24
Q3 24
0.8%
Q2 24
51.1%
Cash Conversion
CSIQ
CSIQ
TFIN
TFIN
Q1 26
Q4 25
Q3 25
-3.26×
14.29×
Q2 25
2.22×
Q1 25
-212.82×
Q4 24
15.25×
Q3 24
4.97×
Q2 24
7.95×

Financial Flow Comparison

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

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