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SEGMENT INFORMATION (Details) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2022
Revenues and gross profit generated from each segment |  |  |
Net revenues | $ 5,993,409 | $ 7,613,626 | $ 7,468,610
Cost of revenues | 4,994,090 | 6,333,643 | 6,205,474
Gross profit | 999,319 | 1,279,983 | 1,263,136
Operating expenses | 1,029,400 | 826,663 | 907,075
Income (loss) from operations | (30,081) | 453,320 | 356,061
Other segment items | $ (52,221) | $ (44,795) | $ 407
Other segment items, description | Includes interest expense, net, loss on change in fair value of derivatives, net, foreign exchange gain, net and investment income, net. | Includes interest expense, net, loss on change in fair value of derivatives, net, foreign exchange gain, net and investment income, net. | Includes interest expense, net, loss on change in fair value of derivatives, net, foreign exchange gain, net and investment income, net.
Income (loss) before income taxes and equity in earnings (losses) of affiliates | $ (82,302) | $ 408,525 | $ 356,468
Supplementary information: |  |  |
Interest expense | (137,468) | (114,099) | (74,266)
Interest income | 88,470 | 51,621 | 40,615
Depreciation and amortization, included in cost of revenues and operating expenses | 501,443 | 307,040 | 234,559
Operating segment | CSI Solar Segment |  |  |
Revenues and gross profit generated from each segment |  |  |
Net revenues | 6,460,003 | 7,230,550 | 6,975,612
Cost of revenues | 5,272,722 | 6,121,332 | 5,824,855
Gross profit | 1,187,281 | 1,109,218 | 1,150,757
Operating expenses | 850,499 | 653,135 | 806,959
Income (loss) from operations | 336,782 | 456,083 | 343,798
Supplementary information: |  |  |
Interest expense | (63,698) | (60,413) | (50,756)
Interest income | 63,107 | 43,788 | 36,085
Depreciation and amortization, included in cost of revenues and operating expenses | 463,893 | 290,346 | 227,839
Operating segment | Recurrent Energy Segment |  |  |
Revenues and gross profit generated from each segment |  |  |
Net revenues | 323,469 | 497,653 | 821,525
Cost of revenues | 257,976 | 292,926 | 660,161
Gross profit | 65,493 | 204,727 | 161,364
Operating expenses | 155,573 | 108,106 | 81,000
Income (loss) from operations | (90,080) | 96,621 | 80,364
Supplementary information: |  |  |
Interest expense | (63,465) | (46,489) | (16,358)
Interest income | 25,281 | 7,797 | 4,382
Depreciation and amortization, included in cost of revenues and operating expenses | 37,550 | 16,694 | 6,720
Elimination and unallocated items |  |  |
Revenues and gross profit generated from each segment |  |  |
Net revenues | (790,063) | (114,577) | (328,527)
Cost of revenues | (536,608) | (80,615) | (279,542)
Gross profit | (253,455) | (33,962) | (48,985)
Operating expenses | 23,328 | 65,422 | 19,116
Income (loss) from operations | (276,783) | (99,384) | (68,101)
Supplementary information: |  |  |
Interest expense | (10,305) | (7,197) | (7,152)
Interest income | $ 82 | $ 36 | $ 148

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