Cash Flow Statement
Growth Metrics

JinkoSolar Holding (JKS) Research & Development (2009 - 2026)

JinkoSolar Holding recorded quarterly Research & Development of -$33.1 million in Q1 2026, down 197.41% quarter-over-quarter from $34.0 million in Q4 2025, and down 58.34% year-over-year from -$79.5 million in Q1 2025.

JinkoSolar Holding's Research & Development history runs 18 years deep, the most recent figure standing at -$33.1 million for Q1 2026.

  • In Q1 2026, Research & Development fell 58.34% year-over-year to -$33.1 million; the TTM figure through Mar 2026 stood at -$70.2 million (up 39.46% YoY), while the FY2025 annual figure was $128.3 million, up 1.7% from the prior year.
  • Research & Development came in at -$33.1 million for Q1 2026 at JinkoSolar Holding, down from $34.0 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $34.0 million in Q4 2025 to a low of -$39.4 million in Q4 2023.
  • A 5-year average of -$26.7 million and a median of -$29.9 million in 2023 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development plunged 246.04% in 2022 and jumped 195.5% in 2025, its largest moves.
  • JinkoSolar Holding's Research & Development stood at -$33.1 million in 2022, then slipped by 18.94% to -$39.4 million in 2023, then gained by 9.6% to -$35.6 million in 2024, then soared by 195.5% to $34.0 million in 2025, then sank by 197.41% to -$33.1 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered -$33.1 million, $34.0 million, and -$35.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 66.94 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 43.17 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 21.68 Mn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 44.87 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 50.16 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 10.14 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn -
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn -
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn -33.12 Mn
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn 2.64 Mn

Historic Data

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DateValue
Mar 31, 2026 -33.12 Mn
Dec 31, 2025 34.00 Mn
Sep 30, 2025 -35.92 Mn
Jun 30, 2025 -35.12 Mn
Mar 31, 2025 -20.92 Mn
Dec 31, 2024 -35.61 Mn
Sep 30, 2024 -29.74 Mn
Jun 30, 2024 -29.64 Mn
Mar 31, 2024 -33.30 Mn
Dec 31, 2023 -39.39 Mn
Sep 30, 2023 -29.89 Mn
Jun 30, 2023 -31.11 Mn
Mar 31, 2023 -27.46 Mn
Dec 31, 2022 -33.12 Mn
Sep 30, 2022 -28.35 Mn
Jun 30, 2022 -22.35 Mn
Mar 31, 2022 -22.87 Mn
Dec 31, 2021 -17.98 Mn
Sep 30, 2021 19.41 Mn
Jun 30, 2021 -17.78 Mn
Mar 31, 2021 -16.35 Mn
Dec 31, 2020 -59,646.00
Sep 30, 2020 -15,530.00
Jun 30, 2020 -10.57 Mn
Mar 31, 2020 -10.14 Mn
Dec 31, 2019 -46.60 Mn
Sep 30, 2019 -11.48 Mn
Jun 30, 2019 -10.67 Mn
Mar 31, 2019 -11.53 Mn
Dec 31, 2018 -53.32 Mn
Sep 30, 2018 -15.16 Mn
Jun 30, 2018 -12.38 Mn
Mar 31, 2018 -13.77 Mn
Dec 31, 2017 -45.20 Mn
Sep 30, 2017 -11.22 Mn
Jun 30, 2017 -10.87 Mn
Mar 31, 2017 -9.08 Mn
Dec 31, 2016 -8.24 Mn
Sep 30, 2016 -6.28 Mn
Jun 30, 2016 -6.56 Mn
Mar 31, 2016 -5.95 Mn
Dec 31, 2015 -22.52 Mn
Sep 30, 2015 -6.34 Mn
Jun 30, 2015 -6.43 Mn
Mar 31, 2015 -4.00 Mn
Dec 31, 2014 -17.37 Mn
Sep 30, 2014 -3.82 Mn
Jun 30, 2014 -3.79 Mn
Mar 31, 2014 -3.55 Mn
Dec 31, 2013 -4.85 Mn
Sep 30, 2013 -2.12 Mn
Jun 30, 2013 -2.13 Mn
Mar 31, 2013 -1.63 Mn
Dec 31, 2012 -3.25 Mn
Sep 30, 2012 -2.70 Mn
Jun 30, 2012 -2.85 Mn
Mar 31, 2012 -2.17 Mn
Dec 31, 2011 -1.61 Mn
Sep 30, 2011 -821,000.00
Jun 30, 2011 -1.24 Mn
Mar 31, 2011 -1.02 Mn
Dec 31, 2010 -1.37 Mn
Sep 30, 2010 -842,000.00
Jun 30, 2010 -2.06 Mn
Mar 31, 2010 -432,839.69
Dec 31, 2009 -680,698.83
Sep 30, 2009 -122,999.36
Jun 30, 2009 -32,402.29