JinkoSolar Holding (JKS) Gross Margin (2009 - 2026)
JinkoSolar Holding (JKS) reported Gross Margin of 8.32% for Q1 2026, up 1086.0% on a YoY basis from 0.7% in Q1 2025, and up 2542.82% sequentially from 0.31% in Q4 2025.
JinkoSolar Holding (JKS) Gross Margin (2009 - 2026) Analysis & Trends
JinkoSolar Holding (JKS) has 18 years of Gross Margin data on file, last reported at 8.32% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 1086.0% year-over-year to 8.32%; the trailing twelve-month figure through Mar 2026 stood at 4.36% (down 519.0% YoY), and the FY2025 full-year result was 2.15%, down 875.0% from the prior year.
- Gross Margin advanced to 8.32% in Q1 2026, from 0.31% 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.
- A 5-year average of 10.48% and a median of 12.46% in 2023 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin slumped 1442 bps in 2025 and jumped 1086 bps in 2026, its largest moves.
- Tracing JKS's Gross Margin over 5 years: stood at 14.03% in 2022, then retreated by 11 bps to 12.46% in 2023, then tumbled by 71 bps to 3.62% in 2024, then plunged by 91 bps to 0.31% in 2025, then surged by 2543 bps to 8.32% in 2026.
- Business Quant data shows JKS's Gross Margin at 8.32% in Q1 2026, 0.31% in Q4 2025, and 7.31% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 46.55% |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 33.77% |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 35.49% |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 8.32% |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 21.99% |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 56.42% |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 29.18% |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 10.22% |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 28.20% |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | 33.45% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 14.03% |
| 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% |
| Jun 30, 2021 | 17.14% |