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
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