Zkh (ZKH) Cost of Revenue (2022 - 2026)

Zkh has reported Cost of Revenue for 5 years, with the latest figure at $20.0 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue rose 5.82% year-over-year to $20.0 million; the trailing twelve-month figure through Mar 2026 stood at $83.2 million (down 2.48% YoY), and the FY2025 full-year result was $83.7 million, down 4.81% from the prior year.
• Cost of Revenue for Q1 2026 stood at $20.0 million, down from $21.9 million in the prior quarter.
• The five-year high for Cost of Revenue was $26.3 million in Q1 2023, with the low at $18.9 million in Q1 2025.
• Historically, Cost of Revenue has averaged $22.4 million across 5 years, with a median of $22.3 million in 2024.
• Annual changes were most pronounced in 2025 — Cost of Revenue slipped 17.04% — and 2026, when it gained 5.82%.
• Zkh's Cost of Revenue stood at $23.2 million in 2022, then rose by 3.38% to $23.9 million in 2023, then decreased by 13.3% to $20.8 million in 2024, then rose by 5.34% to $21.9 million in 2025, then declined by 8.77% to $20.0 million in 2026.
• The last three Cost of Revenue figures came in at $20.0 million (Q1 2026), $21.9 million (Q4 2025), and $20.5 million (Q3 2025), per Business Quant data.