AbstractThe current density–voltage characteristic (J–V) is a critical tool for understanding the behavior of solar cells. This study presents an overview of the key aspects of J–V analysis and introduces a user‐friendly flowchart that facilitates the swift identification of the most probable limiting process in a solar cell, based mainly on the outcomes of light‐intensity‐dependent J–V measurements. The flowchart is developed through extensive drift‐diffusion simulations and a rigorous review of the literature, with a specific focus on perovskite and organic solar cells. Moreover, the flowchart proposes supplementary experiments that can be conducted to obtain a more precise prediction of the primary performance losses. It therefore serves as an optimal starting point to analyse performance losses of solar cells.