Baozun (BZUN) EBITDA Margin (2014 - 2026)

Baozun (BZUN) recorded quarterly EBITDA Margin of 0.57% in Q1 2026, down 110.36% quarter-over-quarter from 5.53% in Q4 2025, and up 328.0% on a YoY basis from 0.13% in Q1 2025.

Baozun (BZUN) EBITDA Margin (2014 - 2026) Analysis & Trends

Baozun's EBITDA Margin history runs 13 years deep, the most recent figure standing at 0.57% for Q1 2026.

  • In Q1 2026, EBITDA Margin rose 328.0% year-over-year to 0.57%; the TTM figure through Mar 2026 stood at 0.67% (up 221.0% YoY), while the FY2025 annual figure was 0.55%, up 179.0% from the prior year.
  • EBITDA Margin was 0.57% for Q1 2026 at Baozun, down from 5.53% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 5.53% in Q4 2025 to a low of 11.6% in Q4 2022.
  • Historically, EBITDA Margin has averaged 2.52% across 5 years, with a median of 2.71% in 2024.
  • Biggest YoY gain for EBITDA Margin was 1137 bps in 2022; the steepest drop was 1102 bps in 2022.
  • A 5-year view of EBITDA Margin shows it stood at 11.6% in 2022, then surged by 92 bps to 0.91% in 2023, then soared by 344 bps to 2.23% in 2024, then surged by 148 bps to 5.53% in 2025, then tumbled by 110 bps to 0.57% in 2026.
  • The last three EBITDA Margin figures came in at 0.57% (Q1 2026), 5.53% (Q4 2025), and 3.99% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Amazon Com 2,551.03 Bn 2,407.94 Bn 171.21 Bn 13.14%
2 Mercadolibre 82.72 Bn 77.07 Bn 3.86 Bn 6.91%
3 DoorDash 72.09 Bn 67.22 Bn 2.04 Bn 4.81%
4 PDD Holdings 62.92 Bn 38.25 Bn 12.81 Bn 22.37%
5 Ebay 48.30 Bn 44.44 Bn 2.29 Bn 19.78%
6 Coupang 34.44 Bn 34.35 Bn 2.30 Bn -2.85%
7 Zkh 14.36 Bn 14.36 Bn 285.30 Mn -1.90%
8 Wayfair 10.72 Bn 9.65 Bn 880.00 Mn -0.38%
9 Maplebear 10.27 Bn 9.58 Bn 738.00 Mn 17.86%
10 Baozun 68.96 Mn -98.13 Mn 243.45 Mn -0.57%

Historic Data

Download Data
DateValue
Mar 31, 2026 -0.57%
Dec 31, 2025 5.53%
Sep 30, 2025 -3.99%
Jun 30, 2025 -0.36%
Mar 31, 2025 -3.86%
Dec 31, 2024 2.23%
Sep 30, 2024 -5.41%
Jun 30, 2024 -0.79%
Mar 31, 2024 -2.71%
Dec 31, 2023 -0.91%
Sep 30, 2023 -6.63%
Jun 30, 2023 1.19%
Mar 31, 2023 -4.61%
Dec 31, 2022 -11.60%
Sep 30, 2022 -4.21%
Jun 30, 2022 0.42%
Mar 31, 2022 -6.63%
Dec 31, 2021 -0.58%
Sep 30, 2021 -15.58%
Jun 30, 2021 2.12%