Canadian Solar Inc. 6-K Filing

From the Filing

0001104659-25-110784.txt : 20251113 0001104659-25-110784.hdr.sgml : 20251113 20251113062343 ACCESSION NUMBER: 0001104659-25-110784 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20251113 FILED AS OF DATE: 20251113 DATE AS OF CHANGE: 20251113 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Canadian Solar Inc. CENTRAL INDEX KEY: 0001375877 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] ORGANIZATION NAME: 04 Manufacturing EIN: 000000000 STATE OF INCORPORATION: A6 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33107 FILM NUMBER: 251475257 BUSINESS ADDRESS: STREET 1: 4273 KING STREET EAST, SUITE 102 CITY: KITCHENER STATE: A6 ZIP: N2P 2E9 BUSINESS PHONE: 519-837-1881 MAIL ADDRESS: STREET 1: 66 WELLINGTON STREET WEST STREET 2: SUITE 4100 CITY: TORONTO STATE: A6 ZIP: M5K 1B7 6-K 1 tm2531149d1_6k.htm FORM 6-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of November 2025 Commission File Number: 001-33107 CANADIAN SOLAR INC. 4273 King Street East, Suite 102 Kitchener, Ontario, N2P 2E9 Canada (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F x        Form 40-F ¨ CANADIAN SOLAR INC. Form 6-K TABLE OF CONTENTS Signature Exhibit Index Exhibit 99.1 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. CANADIAN SOLAR INC. By: /s/ Shawn (Xiaohua) Qu Name: Shawn (Xiaohua) Qu Title: Chairman and Chief Executive Officer Date: November 13, 2025 EXHIBIT INDEX Exhibit 99.1 — Canadian Solar Reports Third Quarter 2025 Results EX-99.1 2 tm2531149d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Canadian Solar Reports Third Quarter 2025 Results Kitchener, Ontario, November 13, 2025 – Canadian Solar Inc . (“Canadian Solar” or the “Company”) (NASDAQ: CSIQ) today announced financial results for the third quarter ended September 30, 2025. Third Quarter Highlights · Net revenues of $1.5 billion, at the high end of $1.3 billion to $1.5 billion guidance. · 17.2% gross margin, exceeding guidance of 14% to 16%. · e-STORAGE achieved record 2.7 GWh in quarterly battery energy storage shipments, above guidance of 2.1 GWh to 2.3 GWh. · e-STORAGE’s contracted backlog increased to $3.1 billion, as of October 31, 2025. · Phase I of the solar cell factory in Indiana, U.S. is expected to begin production in March 2026. · Phase I of the lithium battery energy storage factory in Kentucky, U.S. is expected to commence production in December 2026. Dr. Shawn Qu, Chairman and CEO , commented, “Third quarter revenue was at the high end of guidance, while gross margin exceeded expectations, supported by strong energy storage deliveries and a high mix of module shipments to profitable markets. Demand for energy storage continues to grow, driven by emerging applications such as data centers. We are managing the business with discipline, prioritizing profitability and investing strategically to ensure the resilience of our operations. I am pleased to share that our residential energy storage business is on track to become profitable in 2025. At the same time, we are making strong progress on our manufacturing facilities in the U.S. Construction of our solar cell factory in Indiana and our integrated lithium battery cell, pack, and BESS factory in Kentucky is progressing as planned, with production expected to commence in the first and fourth quarters of 2026, respectively.” Yan Zhuang, President of Canadian Solar’s subsidiar