JinkoSolar Holding (JKS) Gross Margin (2009 - 2026)
JinkoSolar Holding's (JKS) quarterly Gross Margin came in at 4.15% in Q2 2026, up 123.0% year-over-year from 1.86% in Q2 2025, and down 50.07% quarter-over-quarter from 8.32% in Q1 2026.
Analysis
JinkoSolar Holding (JKS) Gross Margin (2009 - 2026) Analysis & Trends
JinkoSolar Holding has disclosed Gross Margin across 18 years of filings, most recently posting 4.15% for Q2 2026.
- In Q2 2026, Gross Margin rose 123.0% year-over-year to 4.15%; the TTM figure through Jun 2026 stood at 4.75% (down 355.0% YoY), while the FY2025 annual figure was 2.15%, down 875.0% from the prior year.
- Gross Margin came in at 4.15% for Q2 2026 at JinkoSolar Holding, down from 8.32% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 17.42% in Q3 2023 to a low of 2.55% in Q1 2025.
- Average Gross Margin over 5 years is 10.13%, with a median of 12.16% recorded in 2024.
- Year-over-year, Gross Margin tumbled 1442 bps in 2025 and surged 1086 bps in 2026.
- Over 5 years, Gross Margin stood at 14.07% in 2022, then retreated by 11 bps to 12.46% in 2023, then plunged by 71 bps to 3.62% in 2024, then sank by 91 bps to 0.31% in 2025, then soared by 1220 bps to 4.15% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 4.15% in Q2 2026, 8.32% in Q1 2026, and 0.31% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 21.97 Bn | 20.25 Bn | 605.00 Mn | 57.28% |
| 2 | Nextpower | 12.81 Bn | 11.60 Bn | 335.85 Mn | 35.91% |
| 3 | Enphase Energy | 4.81 Bn | 3.87 Bn | 175.01 Mn | 59.97% |
| 4 | Solaredge Technologies | 2.10 Bn | 1.52 Bn | 95.15 Mn | 27.48% |
| 5 | T1 Energy | 1.29 Bn | 1.14 Bn | 49.10 Mn | 19.63% |
| 6 | Shoals Technologies | 1.20 Bn | 1.18 Bn | 49.53 Mn | 30.31% |
| 7 | Canadian Solar | 896.45 Mn | 597.20 Mn | 168.48 Mn | 13.95% |
| 8 | Array Technologies | 708.44 Mn | 401.13 Mn | 99.60 Mn | 29.12% |
| 9 | JinkoSolar Holding | 627.24 Mn | -480.04 Mn | 75.62 Mn | 4.15% |
| 10 | Toyo | 133.94 Mn | 23.90 Mn | 36.97 Mn | 31.28% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.15% |
| Mar 31, 2026 | 8.32% |
| Dec 31, 2025 | 0.31% |
| Sep 30, 2025 | 7.31% |
| Jun 30, 2025 | 2.93% |
| Mar 31, 2025 | -2.55% |
| Dec 31, 2024 | 3.62% |
| Sep 30, 2024 | 12.94% |
| Jun 30, 2024 | 11.13% |
| Mar 31, 2024 | 11.87% |
| Dec 31, 2023 | 12.46% |
| Sep 30, 2023 | 17.42% |
| Jun 30, 2023 | 15.59% |
| Mar 31, 2023 | 17.32% |
| Dec 31, 2022 | 14.07% |
| Sep 30, 2022 | 15.74% |
| Jun 30, 2022 | 14.71% |
| Mar 31, 2022 | 15.08% |
| Dec 31, 2021 | 16.14% |
| Sep 30, 2021 | 15.12% |