Cash Flow Statement
Growth Metrics

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

JinkoSolar Holding recorded quarterly Operating Expenses of -$232.9 million in Q1 2026, down 149.18% quarter-over-quarter from $473.6 million in Q4 2025, and up 32.72% year-over-year from -$175.5 million in Q1 2025.

JinkoSolar Holding's Operating Expenses history runs 18 years deep, the most recent figure standing at -$232.9 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 32.72% year-over-year to -$232.9 million; the TTM figure through Mar 2026 stood at -$388.6 million (up 78.28% YoY), while the FY2025 annual figure was $1.5 billion, down 19.66% from the prior year.
  • Operating Expenses came in at -$232.9 million for Q1 2026 at JinkoSolar Holding, down 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 -$538.7 million in Q3 2024.
  • A 5-year average of -$362.7 million and a median of -$422.9 million in 2022 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses sank 330.0% in 2022 and surged 224.84% in 2025, its largest moves.
  • JinkoSolar Holding's Operating Expenses stood at -$521.1 million in 2022, then slipped by 1.05% to -$526.5 million in 2023, then advanced by 27.95% to -$379.4 million in 2024, then soared by 224.84% to $473.6 million in 2025, then tumbled by 149.18% to -$232.9 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered -$232.9 million, $473.6 million, and -$363.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 140.83 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 143.79 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 188.46 Mn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 130.04 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 123.32 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 765.74 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 33.29 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 55.90 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn -232.93 Mn
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn 13.20 Mn

Historic Data

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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 -538.67 Mn
Jun 30, 2024 -524.92 Mn
Mar 31, 2024 -425.84 Mn
Dec 31, 2023 -526.53 Mn
Sep 30, 2023 -430.79 Mn
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
Mar 31, 2021 -184.57 Mn
Dec 31, 2020 -219.97 Mn
Sep 30, 2020 -139,757.00
Jun 30, 2020 -152.62 Mn
Mar 31, 2020 -130.52 Mn
Dec 31, 2019 -531.77 Mn
Sep 30, 2019 -133.60 Mn
Jun 30, 2019 -128.71 Mn
Mar 31, 2019 -108.56 Mn
Dec 31, 2018 -130.18 Mn
Sep 30, 2018 -117.88 Mn
Jun 30, 2018 -95.67 Mn
Mar 31, 2018 -84.67 Mn
Dec 31, 2017 -98.98 Mn
Sep 30, 2017 -102.29 Mn
Jun 30, 2017 -110.56 Mn
Mar 31, 2017 -86.04 Mn
Dec 31, 2016 -362.99 Mn
Sep 30, 2016 -98.52 Mn
Jun 30, 2016 -115.43 Mn
Mar 31, 2016 -91.84 Mn
Dec 31, 2015 -283.63 Mn
Sep 30, 2015 -76.43 Mn
Jun 30, 2015 -68.88 Mn
Mar 31, 2015 -52.77 Mn
Dec 31, 2014 -213.19 Mn
Sep 30, 2014 -47.02 Mn
Jun 30, 2014 -48.14 Mn
Mar 31, 2014 -44.99 Mn
Dec 31, 2013 -46.01 Mn
Sep 30, 2013 -31.59 Mn
Jun 30, 2013 -25.39 Mn
Mar 31, 2013 -26.43 Mn
Dec 31, 2012 -235.27 Mn
Sep 30, 2012 -30.06 Mn
Jun 30, 2012 -29.29 Mn
Mar 31, 2012 -49.70 Mn
Dec 31, 2011 -41.91 Mn
Sep 30, 2011 -41.28 Mn
Jun 30, 2011 -25.76 Mn
Mar 31, 2011 -21.43 Mn
Dec 31, 2010 -21.32 Mn
Sep 30, 2010 -15.33 Mn
Jun 30, 2010 -13.49 Mn
Mar 31, 2010 -4.80 Mn
Dec 31, 2009 -5.88 Mn
Sep 30, 2009 -5.70 Mn
Jun 30, 2009 -2.75 Mn