Shares of Canadian Solar (CSIQ) are tumbling in pre-market trading, down 10.51% following the release of the company's second-quarter 2025 financial results that fell far short of analysts' expectations.

The solar panel manufacturer reported an adjusted earnings per share (EPS) loss of $0.53, a stark contrast to the $1.61 profit that analysts had forecast. Revenue for the quarter came in at $1.7 billion, significantly below the consensus estimate of $1.948 billion. The company's net income for the quarter was a mere $7 million, while operating expenses reached $378 million.

Despite reporting a gross profit of $505 million, the substantial revenue miss and unexpected loss have clearly spooked investors. The solar energy sector has been facing challenges, including supply chain disruptions and increased competition, which may have contributed to Canadian Solar's underwhelming performance. As the market digests this disappointing earnings report, investors will be closely watching for any forward guidance or strategic initiatives from the company to address these shortfalls.