Canadian Solar disclosed its 2026 semi-annual report on August 28. In the first half of the year, total operating revenue was 12.784 billion yuan, down 39.27% year-on-year. Net profit attributable to the parent company was 300 million yuan, down 59.02% year-on-year. Non-GAAP net profit was a loss of 253 million yuan, compared with a profit of 836 million yuan in the same period last year. Net cash flow from operating activities was negative 894 million yuan, compared with 3.782 billion yuan in the same period last year. During the reporting period, the company's total non-recurring gains and losses were 552 million yuan, of which fair value changes and investment income from holding trading financial assets and other items were 514 million yuan. As of the end of the first half of 2026, the company's inventory book value was 4.97 billion yuan, accounting for 21.87% of net assets, a decrease of 721 million yuan from the end of last year.
Canadian Solar IncCSI Solar Co. Ltd. ANet profit down 59% YoY, non-GAAP loss, negative operating cash flow
