Baozun (BZUN) Net Margin (2014 - 2026)
Baozun (BZUN) posted Net Margin of 0.62% for Q2 2026, up 298.2% on a QoQ basis from 0.31% in Q1 2026, and up 195.0% year-over-year from 0.21% in Q2 2025.
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Analysis
Baozun (BZUN) Net Margin (2014 - 2026) Analysis & Trends
Baozun has reported Net Margin for 13 years, with the latest figure at 0.62% in Q2 2026.
- On a quarterly basis, Net Margin rose 195.0% year-over-year to 0.62% in Q2 2026; TTM through Jun 2026 was 1.26%, a 67.0% increase from a year earlier, with the FY2025 full-year figure at 2.43%, down 47.0% from the prior year.
- Net Margin was 0.62% for Q2 2026 at Baozun, up from 0.31% in the prior quarter.
- The five-year high for Net Margin was 0.62% in Q2 2026, with the low at 11.13% in Q4 2022.
- Average Net Margin over 5 years is 3.54%, with a median of 3.21% recorded in 2025.
- The sharpest annual moves came in 2022 and 2023: Net Margin sank 1087 bps in 2022, then jumped 939 bps in 2023.
- Over 5 years, Net Margin stood at 11.13% in 2022, then soared by 84 bps to 1.74% in 2023, then jumped by 100 bps to 0.0% in 2024, then slumped by 28986 bps to 1.2% in 2025, then soared by 152 bps to 0.62% in 2026.
- The last three Net Margin figures came in at 0.62% (Q2 2026), 0.31% (Q1 2026), and 1.2% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Shopify | 166.44 Bn | 161.49 Bn | 1.71 Bn | 41.92% |
| 2 | Global-E Online | 6.43 Bn | 6.07 Bn | 131.87 Mn | 15.96% |
| 3 | Vtex | 629.70 Mn | 443.81 Mn | 51.71 Mn | 15.59% |
| 4 | Rezolve Ai | 369.68 Mn | 258.57 Mn | - | - |
| 5 | Commerce.com | 275.92 Mn | 119.60 Mn | 63.53 Mn | 1.30% |
| 6 | Baozun | 152.97 Mn | -66.33 Mn | 302.56 Mn | 0.62% |
| 7 | BeLive Holdings | 24.01 Mn | 17.39 Mn | - | - |
| 8 | Paid | 18.65 Mn | 17.57 Mn | 1.22 Mn | -0.13% |
| 9 | Caro Holdings | 11.71 Mn | 11.71 Mn | - | -27,799.80% |
| 10 | Amaze Holdings | 1.11 Mn | 1.11 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.62% |
| Mar 31, 2026 | -0.31% |
| Dec 31, 2025 | -1.20% |
| Sep 30, 2025 | -4.97% |
| Jun 30, 2025 | -1.33% |
| Mar 31, 2025 | -3.06% |
| Dec 31, 2024 | 0.00% |
| Sep 30, 2024 | -4.28% |
| Jun 30, 2024 | -1.28% |
| Mar 31, 2024 | -3.37% |
| Dec 31, 2023 | -1.74% |
| Sep 30, 2023 | -6.93% |
| Jun 30, 2023 | -0.86% |
| Mar 31, 2023 | -4.43% |
| Dec 31, 2022 | -11.13% |
| Sep 30, 2022 | -9.70% |
| Jun 30, 2022 | -3.66% |
| Mar 31, 2022 | -6.17% |
| Dec 31, 2021 | -0.26% |
| Sep 30, 2021 | -15.40% |
API Access
Baozun Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=BZUN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "BZUN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=BZUN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();