NYSE$JKS
JinkoSolar Holding Co Ltd-ADR · Q4 2025 earnings
Q4 2025 earnings · · Before market open · Investor relations
Briefing
JinkoSolar reported fiscal 2025 revenue of US$9.37B and a net loss attributable to shareholders of US$1.02B amid industry oversupply.
For the year ended December 31, 2025, JinkoSolar generated revenue of RMB65.50 billion (US$9.37 billion), down from RMB92.26 billion in 2024, and a net loss attributable to shareholders of RMB7.11 billion (US$1.02 billion). Results reflected persistent module pricing pressure, impairment charges, and a 6.8% net loss margin after a small profit in 2024.
- Full-year revenue US$9.37B on 86.8 GW module shipments.
- Net loss US$1.02B after supply-demand imbalance.
- 65.5% of revenue from markets outside China.
- U.S. and overseas trade policy risks highlighted.
- Capacity investments in U.S. and Vietnam noted.
Headline financials
Revenue & EPS history
JinkoSolar · Revenue · Quarterly
$9.37B
Forward guidance
The filing discusses JKS's operating environment, capital priorities, and risks; formal quarterly EPS guidance is limited in the 10-Q.
Tailwinds
- MD&A provides segment and liquidity detail for the quarter.
- Balance sheet and cash flow support ongoing operations and capital returns where applicable.
Headwinds
- Macro, competitive, or regulatory risks noted in risk factors.
- No full-year EPS bridge in the quarterly SEC filing alone.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2025
-0.1%
Avg return
Earnings day
-0.4%
Avg return
5 days after
+3.5%
Avg return
30 days after
43%
20 / 47 earnings
Positive
+39.6%
Q1 2021
Best reaction
-30.6%
Q4 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | -3.8% | +6.7% | +4.2% | |
| Q2 2025 | -0.6% | +10.8% | +13.5% | |
| Q1 2025 | -3.9% | +1.6% | +4.0% | |
| Q4 2024 | -0.8% | -10.0% | -14.7% | |
| Q4 2023 | -10.5% | -16.2% | -18.5% | |
| Q3 2023 | +25.9% | +32.9% | +25.2% | |
| Q2 2023 | -3.8% | -6.0% | -16.9% | |
| Q1 2023 | +3.9% | -0.6% | -5.6% | |
| Q4 2022 | -11.5% | -14.1% | -16.4% | |
| Q3 2022 | -0.8% | -0.5% | -0.1% | |
| Q2 2022 | +3.4% | +3.8% | -8.5% | |
| Q1 2022 | -7.0% | -1.8% | +7.0% | |
| Q4 2021 | -0.7% | -3.9% | -4.0% | |
| Q3 2021 | -9.0% | -22.2% | -16.2% | |
| Q2 2021 | +0.3% | -6.6% | +10.7% | |
| Q1 2021 | +39.6% | +48.0% | +49.9% | |
| Q4 2020 | -6.4% | -5.9% | -16.6% | |
| Q3 2020 | +1.7% | -13.7% | +11.8% | |
| Q2 2020 | +18.7% | +36.6% | +132.8% | |
| Q1 2020 | -8.8% | -10.1% | +21.3% | |
| Q4 2019 | -30.6% | -29.8% | -10.6% | |
| Q3 2019 | +17.1% | +16.3% | +46.9% | |
| Q2 2019 | +4.0% | +11.3% | -16.7% | |
| Q1 2019 | +0.7% | +1.5% | -12.3% | |
| Q4 2018 | -11.5% | -13.4% | -3.0% | |
| Q3 2018 | +24.4% | +25.5% | +10.2% | |
| Q2 2018 | -19.1% | -22.8% | -18.9% | |
| Q1 2018 | +0.6% | -0.9% | +0.1% | |
| Q4 2017 | -8.7% | -10.0% | -4.7% | |
| Q3 2017 | +11.9% | +5.4% | +1.7% | |
| Q2 2017 | +6.9% | +6.5% | -10.0% | |
| Q1 2017 | -6.3% | -7.5% | +8.4% | |
| Q4 2016 | -1.6% | -4.7% | -5.1% | |
| Q3 2016 | +2.5% | -6.4% | +14.8% | |
| Q2 2016 | -5.8% | -6.9% | -24.7% | |
| Q1 2016 | -7.1% | -7.4% | -14.4% | |
| Q4 2015 | +3.1% | — | — | |
| Q3 2015 | -2.2% | — | — | |
| Q2 2015 | -21.5% | — | — | |
| Q1 2015 | +1.2% | — | — | |
| Q4 2014 | +1.0% | — | — | |
| Q4 2013 | +9.9% | — | — | |
| Q4 2012 | -3.1% | — | — | |
| Q4 2009 | -3.2% | — | — | |
| Q4 2010 | -3.2% | — | — | |
| Q4 2011 | -3.2% | — | — | |
| Q3 2010 | +14.9% | — | — | |
| Q1 2010 | — | — | — |
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