JinkoSolar Earnings Reports

JinkoSolar reported a significant decline in financial results for the first quarter of 2025, with revenues decreasing by 39.9% year-over-year and resulting in a gross loss and net loss, driven primarily by lower average selling prices of solar modules and challenging market conditions.

JinkoSolar's Q4 2024 earnings showed a revenue decline of 37.1% year-over-year and a net loss of $64.9 million, largely due to falling solar module prices and lower overseas order contributions. Gross margin fell sharply to 3.6%. The company reported an adjusted net loss of $52.2 million and continues to navigate through industry imbalances with focus on technological advancements.