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| Date | Value |
|---|---|
| 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 |