Canadian Solar Inc.CSIQNASDAQ
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R&D Expenses Over TimeExpanding
Percentile Rank100
3Y CAGR+27.4%
5Y CAGR+20.8%
Year-over-Year Change
Research and development spending
3Y CAGR
+27.4%/yr
vs +19.4%/yr prior
5Y CAGR
+20.8%/yr
Recent acceleration
Acceleration
+8.0pp
Accelerating
Percentile
P100
Near historical high
vs 5Y Ago
2.6x
Strong expansion
Streak
4 yr
Consecutive growthExpanding
| Period | Value | YoY Change |
|---|---|---|
| 2024 | $120.79M | +19.8% |
| 2023 | $100.84M | +44.4% |
| 2022 | $69.82M | +19.5% |
| 2021 | $58.41M | +29.3% |
| 2020 | $45.17M | -4.0% |
| 2019 | $47.05M | +6.5% |
| 2018 | $44.19M | +53.6% |
| 2017 | $28.78M | +65.3% |
| 2016 | $17.41M | +2.1% |
| 2015 | $17.06M | - |