JinkoSolar Holding (JKS) Operating Margin (2009 - 2026)

JinkoSolar Holding (JKS) reported Operating Margin of 4.8% for Q1 2026, up 1589.0% on a YoY basis from 0.28% in Q1 2025, and down 125.81% sequentially from 18.6% in Q4 2025.

JinkoSolar Holding (JKS) Operating Margin (2009 - 2026) Analysis & Trends

JinkoSolar Holding (JKS) has 18 years of Operating Margin data on file, last reported at 4.8% in Q1 2026.

  • For the quarter ending Q1 2026, Operating Margin rose 1589.0% year-over-year to 4.8%; the trailing twelve-month figure through Mar 2026 stood at 0.1% (up 553.0% YoY), and the FY2025 full-year result was 13.6%, down 997.0% from the prior year.
  • Operating Margin fell to 4.8% in Q1 2026, 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 1.3% and a median of 1.47% in 2024 frame the typical range for Operating Margin.
  • Peak annual rise in Operating Margin reached 2839 bps in 2025, while the deepest fall reached 1922 bps in 2025.
  • Tracing JKS's Operating Margin over 5 years: stood at 2.05% in 2022, then slumped by 48 bps to 1.07% in 2023, then sank by 1012 bps to 9.79% in 2024, then soared by 290 bps to 18.6% in 2025, then slumped by 126 bps to 4.8% in 2026.
  • Business Quant data shows JKS's Operating Margin at 4.8% in Q1 2026, 18.6% in Q4 2025, and 8.69% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 33.07%
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 17.44%
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn -10.48%
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn -4.80%
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn -17.73%
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn -6.02%
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 5.49%
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn -5.26%
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 3.18%
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn 25.40%

Historic Data

Download Data
DateValue
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 1.07%
Sep 30, 2023 6.69%
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%