JinkoSolar Holding (JKS) Net Margin (2009 - 2026)
JinkoSolar Holding (JKS) posted Net Margin of 129.61% for Q1 2026, up 1412.7% sequentially from 8.57% in Q4 2025, and down 333.0% YoY from 55.63% in Q1 2025.
JinkoSolar Holding (JKS) Net Margin (2009 - 2026) Analysis & Trends
JinkoSolar Holding has reported Net Margin for 18 years, with the latest figure at 129.61% in Q1 2026.
- Quarterly Net Margin fell 333.0% year-over-year to 129.61% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 25.4% (up 1151.0% YoY) and the FY2025 annual result came in at 24.01%, up 2395.0% from the prior year.
- Net Margin improved to 129.61% in Q1 2026 per JKS's latest filing, from 8.57% in the prior quarter.
- Over five years, Net Margin peaked at 132.94% in Q1 2025 and troughed at 4.64% in Q3 2025.
- A 5-year average of 49.44% and a median of 28.09% in 2024 frame the typical range for Net Margin.
- The sharpest annual moves came in 2023 and 2025: Net Margin sank 7334 bps in 2023, then surged 9548 bps in 2025.
- Over 5 years, Net Margin stood at 2.36% in 2022, then plunged by 96 bps to 0.09% in 2023, then slumped by 2668 bps to 2.29% in 2024, then soared by 473 bps to 8.57% in 2025, then jumped by 1413 bps to 129.61% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 129.61%, 8.57%, and 4.64% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.21 Bn | 21.48 Bn | 605.00 Mn | 40.01% |
| 2 | Nextpower | 13.24 Bn | 12.03 Bn | 335.85 Mn | 17.68% |
| 3 | Enphase Energy | 5.16 Bn | 4.23 Bn | 175.01 Mn | 12.36% |
| 4 | Sunrun | 2.26 Bn | 2.26 Bn | 527.54 Mn | -23.93% |
| 5 | Solaredge Technologies | 1.93 Bn | 1.35 Bn | 95.15 Mn | -8.88% |
| 6 | Shoals Technologies | 1.21 Bn | 1.20 Bn | 49.53 Mn | 7.43% |
| 7 | Canadian Solar | 992.00 Mn | -596.29 Mn | 124.40 Mn | -7.09% |
| 8 | JinkoSolar Holding | 843.16 Mn | -2.47 Bn | 147.66 Mn | 129.61% |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | 2.47% |
| 10 | Toyo | 174.08 Mn | 97.43 Mn | 47.76 Mn | 19.90% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 129.61% |
| Dec 31, 2025 | 8.57% |
| Sep 30, 2025 | -4.64% |
| Jun 30, 2025 | 95.06% |
| Mar 31, 2025 | 132.94% |
| Dec 31, 2024 | -2.29% |
| Sep 30, 2024 | 28.09% |
| Jun 30, 2024 | -0.42% |
| Mar 31, 2024 | 90.93% |
| Dec 31, 2023 | 0.09% |
| Sep 30, 2023 | 23.33% |
| Jun 30, 2023 | 4.26% |
| Mar 31, 2023 | 75.46% |
| Dec 31, 2022 | 2.36% |
| Sep 30, 2022 | 79.55% |
| Jun 30, 2022 | 77.60% |
| Mar 31, 2022 | 99.90% |
| Dec 31, 2021 | 1.46% |
| Sep 30, 2021 | 127.52% |
| Jun 30, 2021 | 134.97% |