Canadian Solar's stock experienced a pre-market plunge of 5.51% following the release of its fourth-quarter and full-year 2025 financial results.
The solar company reported a net loss attributable to shareholders of USD 86.34 million for the quarter, with revenues of USD 1.2 billion falling short of analyst estimates of USD 1.355 billion. Solar module shipments dropped 47% year over year to 4.3 GW, contributing to an 18% sequential and 20% year-over-year decline in net revenues.
Gross margin contracted to 10.2%, down 7 percentage points from the previous quarter, primarily due to impairment charges related to certain project assets. The weak quarterly performance likely prompted the negative investor reaction in pre-market trading.
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