XML 129 R115.htm IDEA: XBRL DOCUMENT v3.25.1
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