Canadian Solar Q2 FY26 net loss widens to USD 77 million; revenue drops 29% year over year to USD 1.2 billion

Reuters2026/08/27 10:02

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Canadian Solar posted a Q2 GAAP net loss attributable to shareholders of USD 77 million, or USD 1.40 a share.
Net revenues fell 29% year-over-year to USD 1.2 billion, even as they rose 12% from Q1.
Gross margin dropped 11.2 percentage points from Q1 to 13.9%, due to no IEEPA tariff refund benefit and normalized storage margins.
Battery storage shipments recognized as revenue climbed 82% quarter-over-quarter to 3.7 GWh; solar module shipments rose 25% to 3.1 GW.
Q3 outlook calls for revenue of USD 1.3 billion-USD 1.5 billion, gross margin of 13.5%-15.5%, module shipments of 3.5-3.8 GW.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Canadian Solar Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608270600PR_NEWS_USPR_____CN34505) on August 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Japanese NAND flash memory manufacturer Kioxia Holdings and its manufacturing partner SanDisk plan to invest over 5 trillion yen (approximately 31.4 billions USD) in Japan to significantly boost production capacity, aiming to alleviate the supply shortage of critical storage components for AI data centers.

智通财经•2026/08/27 11:02