JinkoSolar Holding (JKS) Operating Expenses (2009 - 2026)

JinkoSolar Holding (JKS) reported Operating Expenses of -$232.9 million for Q1 2026, up 32.72% on a YoY basis from -$175.5 million in Q1 2025, and down 149.18% sequentially from $473.6 million in Q4 2025.

JinkoSolar Holding (JKS) Operating Expenses (2009 - 2026) Analysis & Trends

JinkoSolar Holding (JKS) has 18 years of Operating Expenses data on file, last reported at -$232.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 32.72% year-over-year to -$232.9 million; the trailing twelve-month figure through Mar 2026 stood at -$388.6 million (up 85.97% YoY), and the FY2025 full-year result was $1.5 billion, down 19.66% from the prior year.
  • Operating Expenses retreated to -$232.9 million in Q1 2026, from $473.6 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $473.6 million in Q4 2025 to a low of -$1.5 billion in Q3 2024.
  • A 5-year average of -$469.4 million and a median of -$422.9 million in 2022 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses plunged 330.0% in 2022 and jumped 224.84% in 2025, its largest moves.
  • Tracing JKS's Operating Expenses over 5 years: stood at -$521.1 million in 2022, then retreated by 1.05% to -$526.5 million in 2023, then rose by 27.95% to -$379.4 million in 2024, then jumped by 224.84% to $473.6 million in 2025, then sank by 149.18% to -$232.9 million in 2026.
  • Business Quant data shows JKS's Operating Expenses at -$232.9 million in Q1 2026, $473.6 million in Q4 2025, and -$363.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 140.83 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 143.79 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 130.04 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn -232.93 Mn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn 123.32 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 765.74 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 33.29 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 188.46 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 55.90 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn -11.49 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -232.93 Mn
Dec 31, 2025 473.59 Mn
Sep 30, 2025 -363.34 Mn
Jun 30, 2025 -265.95 Mn
Mar 31, 2025 -346.20 Mn
Dec 31, 2024 -379.36 Mn
Sep 30, 2024 -1.52 Bn
Jun 30, 2024 -524.92 Mn
Mar 31, 2024 -425.84 Mn
Dec 31, 2023 -526.53 Mn
Sep 30, 2023 -1.26 Bn
Jun 30, 2023 -447.43 Mn
Mar 31, 2023 -411.97 Mn
Dec 31, 2022 -521.06 Mn
Sep 30, 2022 -422.93 Mn
Jun 30, 2022 -456.97 Mn
Mar 31, 2022 -344.81 Mn
Dec 31, 2021 -338.71 Mn
Sep 30, 2021 183.88 Mn
Jun 30, 2021 -155.31 Mn