JinkoSolar Holding Co., Ltd. (JKS) Revenue History
Annual and quarterly revenue from 2007 to present
JKS Revenue Over Time (2007–2025)
JKS Revenue Growth History
13 of 18 years with positive growth- FY2007 revenue growth
- N/A
- FY2008 revenue growth
- +207.9%
- FY2009 revenue growth
- -28.2%
- FY2010 revenue growth
- +196.9%
- FY2011 revenue growth
- +58.7%
- FY2012 revenue growth
- -35.1%
- FY2013 revenue growth
- +47.6%
- FY2014 revenue growth
- +37.6%
- FY2015 revenue growth
- +58.7%
- FY2016 revenue growth
- +38.5%
- FY2017 revenue growth
- +23.7%
- FY2018 revenue growth
- -5.4%
- FY2019 revenue growth
- +18.8%
- FY2020 revenue growth
- +18.1%
- FY2021 revenue growth
- +16.2%
- FY2022 revenue growth
- +103.6%
- FY2023 revenue growth
- +42.8%
- FY2024 revenue growth
- -22.3%
- FY2025 revenue growth
- -30.9%
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2025 | $16.16B | -34.1% |
| Q1 2025 | $13.84B | -39.9% |
| Q4 2024 | $20.65B | -37.1% |
| Q3 2024 | $24.51B | -23.0% |
| Q2 2024 | $24.05B | -21.6% |
| Q1 2024 | $23.04B | -1.2% |
| Q4 2023 | $32.83B | +9.4% |
| Q3 2023 | $31.83B | +63.1% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
JKS's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
JKS Revenue Analysis (2007–2025)
Current Revenue & Growth
As of June 22, 2026, JinkoSolar Holding Co., Ltd. (JKS) generated trailing twelve-month (TTM) revenue of $75.16 billion, reflecting significant decline in growth of -34.1% year-over-year. The most recent quarter (Q3 2025) recorded $16.16 billion in revenue, up 16.7% sequentially.
Historical Growth Trajectory
JKS's 5-year compound annual growth rate (CAGR) stands at +12.6%, indicating consistent double-digit revenue growth. The 3-year CAGR of -8.5% is below the 5-year average, signalling a growth deceleration in recent years. JinkoSolar Holding Co., Ltd.'s highest annual revenue of $118.68 billion was recorded in 2023.
Revenue by Segment
JKS's revenue is primarily driven by Sales of Other Solar Materials (100%). With over half of revenue concentrated in Sales of Other Solar Materials, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Energy sector peers — including CSIQ (-6.6% YoY), DQ (-22.9% YoY), and MAXN (-78.7% YoY) — JKS has underperformed the peer group in revenue growth. Compare JKS vs CSIQ →
JKS Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| JKSCurrent | $75.2B | -34.1% | +12.6% | -11.1% | |
 CSIQ | $5.6B | -6.6% | +10.0% | 0.8% | |
 DQ | $665M | -22.9% | -0.3% | -40.6% | |
 MAXN | $509M | -78.7% | -15.7% | -113.3% | |
 ARRY | $1.3B | +13.2% | +8.0% | 6.6% | |
 FSLR | $5.2B | +27.3% | +14.0% | 32.3% |
JKS Historical Revenue Data (2007–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $63.71B | -30.9% | $1.37B | 2.2% | $-7,045,905,000 | -11.1% |
| 2024 | $92.26B | -22.3% | $10.06B | 10.9% | $-3,344,708,000 | -3.6% |
| 2023 | $118.68B | +42.8% | $19.05B | 16.0% | $6.09B | 5.1% |
| 2022 | $83.13B | +103.6% | $12.28B | 14.8% | $429.2M | 0.5% |
| 2021 | $40.83B | +16.2% | $6.66B | 16.3% | $1.10B | 2.7% |
| 2020 | $35.13B | +18.1% | $6.17B | 17.6% | $1.78B | 5.1% |
| 2019 | $29.75B | +18.8% | $5.43B | 18.3% | $1.73B | 5.8% |
| 2018 | $25.04B | -5.4% | $3.51B | 14.0% | $644.9M | 2.6% |
| 2017 | $26.47B | +23.7% | $2.99B | 11.3% | $325.3M | 1.2% |
| 2016 | $21.40B | +38.5% | $3.87B | 18.1% | $1.35B | 6.3% |
| 2015 | $15.45B | +58.7% | $2.93B | 19.0% | $1.12B | 7.3% |
| 2014 | $9.74B | +37.6% | $2.10B | 21.5% | $844.1M | 8.7% |
| 2013 | $7.08B | +47.6% | $1.44B | 20.3% | $645.5M | 9.1% |
| 2012 | $4.79B | -35.1% | $232.2M | 4.8% | $-1,233,487,204 | -25.7% |
| 2011 | $7.38B | +58.7% | $1.15B | 15.6% | $315.9M | 4.3% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
19+ years return with dividends reinvested.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
JKS — Frequently Asked Questions
Quick answers to the most common questions about buying JKS stock.
Is JKS's revenue growth accelerating or slowing?
JKS revenue is declining -34.1% year-over-year. TTM revenue fell to $75.2B, contrasting with the 5-year CAGR of +12.6%. The reversal reflects either macro headwinds or company-specific challenges.
What is JKS's revenue history from 2007 to 2026?
JinkoSolar Holding Co., Ltd. (JKS) revenue history spans 2007 to 2026. TTM revenue as of 2026 is $75.2B, growing at -34.1% YoY. The 5-year CAGR is +12.6%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is JKS's long-term revenue growth rate (CAGR)?
JinkoSolar Holding Co., Ltd.'s 5-year revenue CAGR of +12.6% reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of -34.1% is below this long-term average. CAGR is the most reliable measure of sustained revenue momentum for JKS.
Why does JKS's quarterly revenue fluctuate?
JKS quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. JinkoSolar Holding Co., Ltd.'s revenue data from 2007 to 2026 shows full historical quarterly detail on this page.
How is JKS's revenue distributed by segment?
JKS reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does JKS's revenue compare to industry peers?
JinkoSolar Holding Co., Ltd. (JKS) with TTM revenue of $75.2B and -34.1% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.