JinkoSolar Holding (JKS) Operating Margin (2009 - 2026)
JinkoSolar Holding's (JKS) quarterly Operating Margin came in at 11.62% in Q2 2026, down 396.0% year-over-year from 3.93% in Q2 2025, and down 142.09% quarter-over-quarter from 4.8% in Q1 2026.
Analysis
JinkoSolar Holding (JKS) Operating Margin (2009 - 2026) Analysis & Trends
JinkoSolar Holding has disclosed Operating Margin across 18 years of filings, most recently posting 11.62% for Q2 2026.
- In Q2 2026, Operating Margin fell 396.0% year-over-year to 11.62%; the TTM figure through Jun 2026 stood at 0.34% (up 576.0% YoY), while the FY2025 annual figure was 13.6%, down 997.0% from the prior year.
- Operating Margin came in at 11.62% for Q2 2026 at JinkoSolar Holding, down from 4.8% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 18.6% in Q4 2025 to a low of 20.7% in Q1 2025.
- Average Operating Margin over 5 years is 1.93%, with a median of 1.5% recorded in 2024.
- The largest YoY upside for Operating Margin was 2839 bps in 2025 against a maximum downside of 1922 bps in 2025.
- Over 5 years, Operating Margin stood at 2.13% in 2022, then tumbled by 100 bps to 0.0% in 2023, then plunged by 9118960 bps to 9.79% in 2024, then jumped by 290 bps to 18.6% in 2025, then tumbled by 162 bps to 11.62% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 11.62% in Q2 2026, 4.8% in Q1 2026, and 18.6% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | 42.64% |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | 20.41% |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | 17.65% |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | -4.63% |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | -9.11% |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 11.46% |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | -5.88% |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | 10.16% |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | -11.62% |
| 10 | Toyo | 131.54 Mn | 21.49 Mn | 36.97 Mn | 19.08% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -11.62% |
| Mar 31, 2026 | -4.80% |
| Dec 31, 2025 | 18.60% |
| Sep 30, 2025 | -8.69% |
| Jun 30, 2025 | -7.66% |
| Mar 31, 2025 | -20.70% |
| Dec 31, 2024 | -9.79% |
| Sep 30, 2024 | -1.96% |
| Jun 30, 2024 | -4.73% |
| Mar 31, 2024 | -1.47% |
| Dec 31, 2023 | 0.00% |
| Sep 30, 2023 | 6.69% |
| Jun 30, 2023 | 5.01% |
| Mar 31, 2023 | 5.19% |
| Dec 31, 2022 | 2.13% |
| Sep 30, 2022 | 0.32% |
| Jun 30, 2022 | -1.53% |
| Mar 31, 2022 | 0.28% |
| Dec 31, 2021 | 2.96% |
| Sep 30, 2021 | 1.30% |