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Side-by-side financial comparison of APA Corporation (APA) and JinkoSolar Holding Co., Ltd. (JKS). Click either name above to swap in a different company.

JinkoSolar Holding Co., Ltd. is the larger business by last-quarter revenue ($2.5B vs $2.3B, roughly 1.1× APA Corporation). Over the past eight quarters, APA Corporation's revenue compounded faster (-9.5% CAGR vs -23.1%).

APA Corporation, a holding company for Apache Corporation, an American company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Houston.

JinkoSolar Holding Co., Ltd. is a solar module manufacturer headquartered in Shanghai, China, and listed on the New York Stock Exchange since 2010. Its subsidiary Jinko Solar Co., Ltd. was listed on the Shanghai Stock Exchange's Science and Technology Innovation Board in 2022.

APA vs JKS — Head-to-Head

Bigger by revenue
JKS
JKS
1.1× larger
JKS
$2.5B
$2.3B
APA
Faster 2-yr revenue CAGR
APA
APA
Annualised
APA
-9.5%
-23.1%
JKS

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
APA
APA
JKS
JKS
Revenue
$2.3B
$2.5B
Net Profit
$446.0M
Gross Margin
0.3%
Operating Margin
Net Margin
19.2%
Revenue YoY
-11.7%
Net Profit YoY
EPS (diluted)
$1.26

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
APA
APA
JKS
JKS
Q2 26
$2.5B
Q1 26
$2.3B
Q4 25
$2.2B
Q3 25
$2.3B
Q2 25
$2.3B
$2.3B
Q1 25
$2.7B
$1.9B
Q4 24
$2.9B
Q3 24
$2.7B
$3.5B
Net Profit
APA
APA
JKS
JKS
Q2 26
Q1 26
$446.0M
Q4 25
$331.0M
Q3 25
$205.0M
Q2 25
$603.0M
Q1 25
$418.0M
Q4 24
$425.0M
Q3 24
$-223.0M
Gross Margin
APA
APA
JKS
JKS
Q2 26
0.3%
Q1 26
Q4 25
Q3 25
Q2 25
7.3%
Q1 25
Q4 24
Q3 24
15.7%
Operating Margin
APA
APA
JKS
JKS
Q2 26
Q1 26
Q4 25
32.5%
Q3 25
33.7%
Q2 25
31.8%
Q1 25
31.9%
Q4 24
31.4%
Q3 24
-5.2%
Net Margin
APA
APA
JKS
JKS
Q2 26
Q1 26
19.2%
Q4 25
15.0%
Q3 25
9.0%
Q2 25
26.0%
Q1 25
15.4%
Q4 24
14.6%
Q3 24
-8.1%
EPS (diluted)
APA
APA
JKS
JKS
Q2 26
Q1 26
$1.26
Q4 25
$0.79
Q3 25
$0.57
Q2 25
$1.67
Q1 25
$0.96
Q4 24
$0.97
Q3 24
$-0.60

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
APA
APA
JKS
JKS
Cash + ST InvestmentsLiquidity on hand
$293.0K
Total DebtLower is stronger
$4.3M
Stockholders' EquityBook value
Total Assets
$18.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APA
APA
JKS
JKS
Q2 26
Q1 26
$293.0K
Q4 25
$516.0M
Q3 25
$475.0M
Q2 25
$107.0M
Q1 25
$67.0M
Q4 24
$625.0M
Q3 24
$64.0M
Total Debt
APA
APA
JKS
JKS
Q2 26
Q1 26
$4.3M
Q4 25
$4.3B
Q3 25
$4.3B
Q2 25
$4.3B
Q1 25
$5.2B
Q4 24
$6.0B
Q3 24
$6.4B
Stockholders' Equity
APA
APA
JKS
JKS
Q2 26
Q1 26
Q4 25
$6.1B
Q3 25
$6.0B
Q2 25
$5.9B
Q1 25
$5.4B
Q4 24
$5.3B
Q3 24
$5.1B
Total Assets
APA
APA
JKS
JKS
Q2 26
Q1 26
$18.1M
Q4 25
$17.8B
Q3 25
$17.7B
Q2 25
$18.1B
Q1 25
$18.5B
Q4 24
$19.4B
Q3 24
$19.4B
Debt / Equity
APA
APA
JKS
JKS
Q2 26
Q1 26
Q4 25
0.70×
Q3 25
0.72×
Q2 25
0.73×
Q1 25
0.96×
Q4 24
1.13×
Q3 24
1.25×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
APA
APA
JKS
JKS
Operating Cash FlowLast quarter
$554.0M
Free Cash FlowOCF − Capex
$477.0M
FCF MarginFCF / Revenue
20.5%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.24×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APA
APA
JKS
JKS
Q2 26
Q1 26
$554.0M
Q4 25
$808.0M
Q3 25
$1.5B
Q2 25
$1.2B
Q1 25
$1.1B
Q4 24
$1.0B
Q3 24
$1.3B
Free Cash Flow
APA
APA
JKS
JKS
Q2 26
Q1 26
$477.0M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
FCF Margin
APA
APA
JKS
JKS
Q2 26
Q1 26
20.5%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Cash Conversion
APA
APA
JKS
JKS
Q2 26
Q1 26
1.24×
Q4 25
2.44×
Q3 25
7.12×
Q2 25
1.96×
Q1 25
2.62×
Q4 24
2.44×
Q3 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

APA
APA

Oil revenues$1.6B71%
Purchased oil and gas sales$385.0M17%
Natural gas revenues$157.0M7%
Natural gas liquids revenues$141.0M6%

JKS
JKS

Segment breakdown not available.

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