JinkoSolar Reports Q2 2026 Earnings with Revenue Drop, Narrower Losses
JinkoSolar (JKS) reported second-quarter earnings for 2026 on August 26. Total revenue came in at $1.82 billion, a decline of 31.3% year-over-year but an increase of 0.9% from the prior quarter. The company attributed this to fluctuations in solar module shipment volumes. Module shipments reached 15,961 MW, up sequentially by 16.7%, though down significantly compared to Q2 2025. The firm reported a net loss of RMB 697.3 million ($102.8 million), an increase from the previous quarter’s loss. Gross margin dropped to 4.2% in this period, reflecting lower average selling prices and cost pressures. JinkoSolar revised its full-year module shipment guidance downward to between 60 GW and 70 GW as it prioritizes profitability over volume. The company also highlighted progress on high-efficiency TOPCon 3.0 production capacity (40 GW by year-end) and strong overseas shipment performance, with more than 70% of total shipments going to Europe, Asia Pacific, and emerging markets.
Tickers: $JKS
Topics: gross_margin guidance module_shipments net_loss revenue