Baozun (BZUN) Net Margin (2014 - 2026)
Baozun (BZUN) posted quarterly Net Margin of 0.69% for Q1 2026, up 346.0% year-over-year from 0.16% in Q1 2025, and up 157.78% quarter-over-quarter from 1.2% in Q4 2025.
Baozun (BZUN) Net Margin (2014 - 2026) Analysis & Trends
Baozun's Net Margin history runs 13 years deep, the most recent figure standing at 0.69% for Q1 2026.
- In Q1 2026, Net Margin rose 346.0% year-over-year to 0.69%; the TTM figure through Mar 2026 stood at 0.14% (up 130.0% YoY), while the FY2025 annual figure was 2.43%, down 44.0% from the prior year.
- Net Margin for Q1 2026 stood at 0.69%, up from 1.2% in the prior quarter.
- The five-year high for Net Margin was 5.42% in Q4 2022, with the low at 6.17% in Q1 2022.
- The 5-year median for Net Margin is 0.75% (2022), against an average of 0.96%.
- The sharpest annual moves came in 2022 and 2023: Net Margin surged 1465 bps in 2022, then slumped 713 bps in 2023.
- Baozun's Net Margin stood at 5.42% in 2022, then sank by 132 bps to 1.72% in 2023, then soared by 100 bps to 0.0% in 2024, then tumbled by 27444 bps to 1.2% in 2025, then jumped by 158 bps to 0.69% in 2026.
- Business Quant data shows BZUN's Net Margin at 0.69% in Q1 2026, 1.2% in Q4 2025, and 0.48% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,931.64 Bn | 2,808.66 Bn | 198.88 Bn | 24.31% |
| 2 | PDD Holdings | 506.17 Bn | 446.63 Bn | 9.83 Bn | 19.81% |
| 3 | Mercadolibre | 98.29 Bn | 83.09 Bn | 4.16 Bn | 4.58% |
| 4 | DoorDash | 92.11 Bn | 86.76 Bn | 2.35 Bn | 4.47% |
| 5 | JD.com | 87.50 Bn | 58.32 Bn | 7.66 Bn | 1.62% |
| 6 | Sea | 78.22 Bn | 69.70 Bn | 3.15 Bn | 12.24% |
| 7 | Ebay | 47.18 Bn | 43.87 Bn | 2.30 Bn | -0.06% |
| 8 | Coupang | 29.74 Bn | 23.63 Bn | 2.49 Bn | -6.44% |
| 9 | Zkh | 16.36 Bn | 16.36 Bn | 51.11 Mn | 0.00% |
| 10 | Baozun | 507.26 Mn | 89.06 Mn | 243.45 Mn | 0.69% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.69% |
| Dec 31, 2025 | -1.20% |
| Sep 30, 2025 | 0.48% |
| Jun 30, 2025 | 1.03% |
| Mar 31, 2025 | -2.77% |
| Dec 31, 2024 | 0.00% |
| Sep 30, 2024 | -3.25% |
| Jun 30, 2024 | 0.65% |
| Mar 31, 2024 | -0.79% |
| Dec 31, 2023 | -1.72% |
| Sep 30, 2023 | -4.22% |
| Jun 30, 2023 | 0.00% |
| Mar 31, 2023 | 0.00% |
| Dec 31, 2022 | 5.42% |
| Sep 30, 2022 | -0.75% |
| Jun 30, 2022 | -3.66% |
| Mar 31, 2022 | -6.17% |
| Dec 31, 2021 | -0.26% |
| Sep 30, 2021 | -15.40% |
| Jun 30, 2021 | 0.00% |