JinkoSolar Holding (JKS) Operating Expenses (2009 - 2026)
JinkoSolar Holding's (JKS) quarterly Operating Expenses came in at -$232.9 million in Q1 2026, up 32.72% year-on-year from -$175.5 million in Q1 2025, and down 149.18% quarter-over-quarter from $473.6 million in Q4 2025.
JinkoSolar Holding (JKS) Operating Expenses (2009 - 2026) Analysis & Trends
JinkoSolar Holding has disclosed Operating Expenses across 18 years of filings, most recently posting -$232.9 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at -$232.9 million, up 32.72% year-over-year; the trailing twelve-month figure through Mar 2026 was -$388.6 million (up 78.28% YoY), and the FY2025 annual result 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.
- The 5-year median for Operating Expenses is -$422.9 million (2022), against an average of -$362.7 million.
- Across the five-year window, Operating Expenses slumped 330.0% in 2022 and jumped 224.84% in 2025, its largest moves.
- JinkoSolar Holding's Operating Expenses stood at -$521.1 million in 2022, then decreased by 1.05% to -$526.5 million in 2023, then gained by 27.95% to -$379.4 million in 2024, then surged by 224.84% to $473.6 million in 2025, then plunged by 149.18% to -$232.9 million in 2026.
- The last three Operating Expenses figures came in at -$232.9 million (Q1 2026), $473.6 million (Q4 2025), and -$363.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 140.83 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 143.79 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 130.04 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 123.32 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 765.74 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 33.29 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 55.90 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | -232.93 Mn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 13.20 Mn |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 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 | -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 |