What are隆基绿能's cumulative losses through the first quarter of 2026, and how do its 2025 and Q1 2026 financial results compare year-on-year?

As stated in the news,隆基绿能 (Longi Green Energy) has accumulated total losses of 169.38 billion yuan through the end of the first quarter of 2026. The company reported a net loss of 64.20 billion yuan for 2025 — its second consecutive annual loss — with revenue of 70.347 billion yuan, down 14.82% year-on-year; the 2025 loss was about 20% narrower than the 2024 loss of 86.18 billion yuan. However, its Q1 2026 results show deterioration: revenue fell 18.03% year-on-year to 11.192 billion yuan, and net loss widened by 34% year-on-year to 19.2 billion yuan.

Is隆基绿能 still experiencing losses in 2026, and how does this continue a trend established in prior years?

Yes,隆基绿能 continues to post losses in 2026: its Q1 2026 net loss of 19.2 billion yuan confirms ongoing unprofitability, extending a streak that began in 2024 — the year it first reported an annual loss of 86.18 billion yuan — and continued through 2025 with a 64.20 billion yuan loss. The news explicitly states that the company 'has been continuing its loss-making status since 2024' and that its Q1 2026 loss 'expanded year-on-year by 34%', underscoring persistent financial distress amid industry-wide overcapacity.

Photovoltaic Overcapacity Persists as Longi Green Energy Accumulates Losses Near 17 Billion Yuan

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Photovoltaic Overcapacity Persists as Longi Green Energy Accumulates Losses Near 17 Billion Yuan — ChemBrief Topics

Photovoltaic Overcapacity Persists as Longi Green Energy Accumulates Losses Near 17 Billion Yuan

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