JinkoSolar Holding Co., Ltd. · NYSE:JKS
JinkoSolar — Q2 2026 Earnings Presentation
15 slides from JinkoSolar's earnings presentation, Aug 26, 2026
Slide 1: Q2 2026 Earnings Call Presentation
JINKOSOLAR HOLDING CO., LTD. Q2 2026 EARNINGS CALL PRESENTATION AUGUST 26, 2026
Slide 2: Disclaimer
Disclaimer This presentation does not constitute an offer to sell or issue or the solicitation of an offer to buy or acquire securities of JinkoSolar Holding Co., Ltd. (the “Company”) in any jurisdiction or an inducement to enter into investment activity, nor may it or any part of it form the basis
Slide 3: Q2 2026 financial highlights
Q2 2026 financial highlights Quarterly solar modules shipments were 15,961 MW, up 16.7% QoQ and down 34.4% YoY. Total revenues were US$1.82 billion, up 0.9% QoQ and down 31.3% YoY. Gross margin was 4.2%, compared with gross margin of 8.3% in Q1 2026 and gross profit margin of 2.9% in Q2 2025. (1) Ad
Slide 4: Q2 Core Solar and Energy Storage Business Highlights
Q2 Core Solar and Energy Storage Business Highlights Total module shipments for H1 2026 were 29.6 GW, with approximately 70% shipped to overseas 1 markets. By the end of the second quarter, we became the first module manufacturer in the world to have 2 delivered a total of over 420 GW of solar modul
Slide 5: Q2 Strategic Investment Highlights
Q2 Strategic Investment Highlights During the second quarter, the Company, together with investment funds in which it participates, 1 completed strategic investments across 13 projects in renewable energy, advanced materials, AI, and other frontier technologies. During the first half of 2026, the Co
Slide 6: Leading the industry through technological innovation, product competitiveness, and integrated PV+ESS solutions
Leading the industry through technological innovation, product competitiveness, and integrated PV+ESS solutions TOPCon pioneer and emerging force in energy storage Continuous technological breakthroughs Set 33 world ~30GW capacity upgraded with records for PV We expect to have more than 40 GW of Tig
Slide 7: Optimized global footprint and capabilities
Optimized global footprint and capabilities 100GW of integrated production capacity globally, including 14GW overseas from overseas facilities. Optimized global manufacturing and supply chain footprint to adapt to diverse market policies and customer needs. Shanxi N-type Super Factory • Deep integra
Slide 8: PV+ESS solutions enhancing strategic competitiveness
PV+ESS solutions enhancing strategic competitiveness ESS: Scaling Shipments and Improving Profitability Strong Global Brand and Bankability We recently received the highest ESS Shipments Recognized as Revenue ESS shipments(POD) reached “AAA” Bankability rating in the Q2 1GWh+ approximately 3.1GWh
Slide 9: Strategic investment and portfolio progress
Strategic investment and portfolio progress Core solar and energy storage remain our foundation, while strategic investments complement the Company’s long-term value creation. Selective investments support industrial synergy, technology innovation and long-term returns. Portfolio Overview and Q2
Slide 10: 3Q and FY2026 Guidance
3Q and FY2026 Guidance Module Shipments Production Capacity • FY2026 module shipments to be 60~ 60~70GW. ~100 FY2026 integrated production capacity to reach approximately 100 GW, including 70GW* • 3Q2026 modules shipments to be 15~17GW. GW 14 GW overseas, by the end of 2026. • High-efficiency produc
Slide 11: Quarterly financial highlights
Quarterly financial highlights Revenue and total module shipments Gross profit (loss) and gross (loss) margin 25,000 24,334 24,954 20,000 20,014 15,000 8.3% 15,961 7.3% 13,679 10,000 4.2% 2.9% 2,511 2,270 2,503 0.3% 1,776 1,821 5,000 74 166 8 148 76 0 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q2 2025
Slide 12: Income statement summary
Income statement summary Quarterly (US$mn) Change by RMB Q2 2025 Q1 2026 Q2 2026 QoQ change YoY change Total module shipments 24,334 MW 13,679MW 15,961MW 16.7% (34.4%) Revenue 2,511 1,776 1,821 0.9% (31.3%) Gross profit(loss) 74 148 76 (49.6%) (2.5%) Gross (loss) margin 2.9% 8.3% 4.2% (4.1pct) 1.3pc
Slide 13: Balance sheet summary
Balance sheet summary (US$mn) Q2 2025 Q1 2026 Q2 2026 Cash and restricted cash 3,395 3,307 2,497 Accounts and notes receivable 2,572 2,388 2,120 Inventories 1,799 2,567 2,428 Net PPE 5,865 5,271 5,271 Total assets 16,978 18,194 17,467 Total debt (1) 6,717 6,853 6,617 Short-term debt (2) 1,574 1,719
Slide 14: Appendix—Adjusted net income reconciliation
Appendix—Adjusted net income reconciliation (RMB in thousands) Q1 2026 Q2 2026 Net income attributable to JinkoSolar Holding Co., Ltd.'s ordinary shareholders -463,515 -697,252 Change in fair value of Long-term Investment 124,426 188,311 gain on disposal of a subsidiary, after tax - 63,971 Share-bas
Slide 15: www.jinkosolar.com
Building Your Trust in Solar www.jinkosolar.com hy are