JinkoSolar Holding Co., Ltd., together with its subsidiaries, engages in the design, development, production, and marketing of photovoltaic products. The company provides solar modules, silicon wafers, solar cells, recovered silicon materials, and silicon ingots. It offers solar system integration services; solar power generation and solar system EPC services; and energy storage system, as well as undertakes solar power projects. The company sells its products to distributors, project developers, system integrators, and manufacturers of solar power products under the JinkoSolar brand. As of December 31, 2025, it had an integrated annual…
| Quarter | Revenue | YoY | Net Income | EPS (dil.) | YoY | Gross Margin | Op. Margin |
|---|---|---|---|---|---|---|---|
| Q1 2026 Mar 2026 | $12.25B | -11.5% | $-463.5M | $-8.84 | +65.5% | 8.3% | -2.1% |
| Q4 2025 Dec 2025 | $17.51B | -15.2% | $-1.50B | $-28.64 | -210.0% | 0.3% | -11.1% |
| Q3 2025 Sep 2025 | $16.16B | — | $-749.8M | $-14.32 | — | 7.3% | -3.0% |
| Q1 2025 Mar 2025 | $13.84B | — | $-1.32B | $-25.60 | — | -2.6% | -16.8% |
| Q4 2024 Dec 2024 | $20.65B | — | $-476.7M | $-9.24 | — | 3.8% | -3.3% |
Data from Yahoo Finance. YoY compares the same quarter of the prior fiscal year.
Can JinkoSolar’s record shipments and new solar tech overcome collapsing margins and a double-sized annual loss after the latest earnings shock?