JinkoSolar’s Q3 Revenue Drops 34% YoY Due to Lower Module Prices

Quarterly shipments of solar modules, cells, and wafers were down 16.7% YoY

November 19, 2025

/ Arjun Joshi
/ Finance and M&A, Other
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China-based solar cell and module manufacturer JinkoSolar‘s revenue dipped 34.1% year-over-year (YoY) to RMB16.16 billion (~$2.27 billion) in the third quarter (Q3) of 2025, primarily due to a decline in the average selling price of solar modules.

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Arjun Joshi

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ChinaFinancial ResultsJinkoSolarSolar Modules
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