JinkoSolar Holding (JKS) Operating Margin (2009 - 2026)
JinkoSolar Holding recorded quarterly Operating Margin of 4.8% in Q1 2026, down 125.81% quarter-over-quarter from 18.6% in Q4 2025, and up 1589.0% year-over-year from 0.28% in Q1 2025.
JinkoSolar Holding's Operating Margin history runs 18 years deep, the most recent figure standing at 4.8% for Q1 2026.
- In Q1 2026, Operating Margin rose 1589.0% year-over-year to 4.8%; the TTM figure through Mar 2026 stood at 0.1% (up 698.0% YoY), while the FY2025 annual figure was 13.6%, down 997.0% from the prior year.
- Operating Margin came in at 4.8% for Q1 2026 at JinkoSolar Holding, down from 18.6% 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.
- A 5-year average of 1.01% and a median of 0.28% in 2022 frame the typical range for Operating Margin.
- On a YoY basis, Operating Margin climbed as much as 2839 bps in 2025 and fell as far as 1922 bps in 2025.
- JinkoSolar Holding's Operating Margin stood at 2.05% in 2022, then plunged by 48 bps to 1.07% in 2023, then tumbled by 1012 bps to 9.79% in 2024, then surged by 290 bps to 18.6% in 2025, then plunged by 126 bps to 4.8% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 4.8%, 18.6%, and 8.69% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 33.07% |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 17.44% |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | -5.26% |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | -10.48% |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | -17.73% |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | -6.02% |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 5.49% |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 3.18% |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | -4.80% |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | -9.56% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 0.31% |
| Jun 30, 2024 | -4.73% |
| Mar 31, 2024 | -1.47% |
| Dec 31, 2023 | 1.07% |
| Sep 30, 2023 | 9.39% |
| Jun 30, 2023 | 5.01% |
| Mar 31, 2023 | 5.19% |
| Dec 31, 2022 | 2.05% |
| 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% |
| Jun 30, 2021 | 4.50% |
| Mar 31, 2021 | 1.88% |
| Dec 31, 2020 | 0.76% |
| Sep 30, 2020 | 6.23% |
| Jun 30, 2020 | 5.14% |
| Mar 31, 2020 | 60.28% |
| Dec 31, 2019 | 6.24% |
| Sep 30, 2019 | 8.54% |
| Jun 30, 2019 | 3.77% |
| Mar 31, 2019 | 4.05% |
| Dec 31, 2018 | 3.07% |
| Sep 30, 2018 | 2.81% |
| Jun 30, 2018 | 1.56% |
| Mar 31, 2018 | 2.74% |
| Dec 31, 2017 | 1.44% |
| Sep 30, 2017 | 1.43% |
| Jun 30, 2017 | 1.08% |
| Mar 31, 2017 | 0.98% |
| Dec 31, 2016 | 1.52% |
| Sep 30, 2016 | 10.53% |
| Jun 30, 2016 | 7.47% |
| Mar 31, 2016 | 10.49% |
| Dec 31, 2015 | 7.85% |
| Sep 30, 2015 | 9.48% |
| Jun 30, 2015 | 7.40% |
| Mar 31, 2015 | 8.37% |
| Dec 31, 2014 | 7.96% |
| Sep 30, 2014 | 9.37% |
| Jun 30, 2014 | 10.35% |
| Mar 31, 2014 | 10.10% |
| Dec 31, 2013 | 11.99% |
| Sep 30, 2013 | 12.45% |
| Jun 30, 2013 | 8.83% |
| Mar 31, 2013 | -1.45% |
| Dec 31, 2012 | -105.68% |
| Sep 30, 2012 | -3.71% |
| Jun 30, 2012 | -6.67% |
| Mar 31, 2012 | -28.86% |
| Dec 31, 2011 | -26.37% |
| Sep 30, 2011 | -11.08% |
| Jun 30, 2011 | 18.09% |
| Mar 31, 2011 | 19.60% |
| Dec 31, 2010 | 20.53% |
| Sep 30, 2010 | 26.37% |
| Jun 30, 2010 | 16.73% |
| Mar 31, 2010 | 17.69% |
| Dec 31, 2009 | 10.42% |
| Sep 30, 2009 | 6.07% |
| Jun 30, 2009 | 8.71% |