JinkoSolar Holding (JKS) Research & Development (2009 - 2026)
JinkoSolar Holding (JKS) posted Research & Development of -$33.1 million for Q1 2026, down 197.41% sequentially from $34.0 million in Q4 2025, and down 58.34% YoY from -$79.5 million in Q1 2025.
JinkoSolar Holding (JKS) Research & Development (2009 - 2026) Analysis & Trends
JinkoSolar Holding has reported Research & Development for 18 years, with the latest figure at -$33.1 million in Q1 2026.
- Quarterly Research & Development fell 58.34% year-over-year to -$33.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$70.2 million (up 61.2% YoY) and the FY2025 annual result came in at $636.6 million, down 30.03% from the prior year.
- Research & Development declined to -$33.1 million in Q1 2026 per JKS's latest filing, from $34.0 million in the prior quarter.
- Over five years, Research & Development peaked at $34.0 million in Q4 2025 and troughed at -$94.7 million in Q3 2024.
- A 5-year average of -$33.9 million and a median of -$33.1 million in 2022 frame the typical range for Research & Development.
- The sharpest annual moves came in 2022 and 2025: Research & Development sank 246.04% in 2022, then surged 195.5% in 2025.
- Over 5 years, Research & Development stood at -$33.1 million in 2022, then dropped by 18.94% to -$39.4 million in 2023, then advanced by 9.6% to -$35.6 million in 2024, then jumped by 195.5% to $34.0 million in 2025, then slumped 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 | 23.03 Bn | 21.30 Bn | 605.00 Mn | 76.24 Mn |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn | 44.51 Mn |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn | 45.66 Mn |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn | 190.68 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 52.75 Mn |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | - |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn | 81.05 Mn |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn | -33.12 Mn |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn | - |
| 10 | Toyo | 170.12 Mn | 93.48 Mn | 47.76 Mn | -2.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -94.69 Mn |
| Jun 30, 2024 | -29.64 Mn |
| Mar 31, 2024 | -33.30 Mn |
| Dec 31, 2023 | -39.39 Mn |
| Sep 30, 2023 | -86.65 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 |