JinkoSolar Holding (JKS) Research & Development (2009 - 2026)
JinkoSolar Holding (JKS) reported Research & Development of -$33.1 million for Q1 2026, down 58.34% on a YoY basis from -$79.5 million in Q1 2025, and down 197.41% sequentially from $34.0 million in Q4 2025.
JinkoSolar Holding (JKS) Research & Development (2009 - 2026) Analysis & Trends
JinkoSolar Holding (JKS) has 18 years of Research & Development data on file, last reported at -$33.1 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development fell 58.34% year-over-year to -$33.1 million; the trailing twelve-month figure through Mar 2026 stood at -$70.2 million (up 61.2% YoY), and the FY2025 full-year result was $636.6 million, up 404.81% from the prior year.
- Research & Development declined to -$33.1 million in Q1 2026, 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 -$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.
- Across the five-year window, Research & Development tumbled 246.04% in 2022 and soared 195.5% in 2025, its largest moves.
- Tracing JKS's Research & Development over 5 years: stood at -$33.1 million in 2022, then retreated by 18.94% to -$39.4 million in 2023, then increased by 9.6% to -$35.6 million in 2024, then jumped by 195.5% to $34.0 million in 2025, then tumbled by 197.41% to -$33.1 million in 2026.
- Business Quant data shows JKS's Research & Development at -$33.1 million in Q1 2026, $34.0 million in Q4 2025, and -$35.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 66.94 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 43.17 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 48.09 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | -33.12 Mn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 27.45 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 178.53 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | - |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 21.68 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | - |
| 10 | Toyo | 182.74 Mn | 106.10 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 |