Growth Metrics

Zkh (ZKH) EBITDA (2022 - 2025)

Zkh posted quarterly EBITDA of -$2.2 million for Q4 2025, down 171.96% year-on-year from $3.1 million in Q4 2024, and up 59.05% on a QoQ basis from -$5.4 million in Q3 2025.

Zkh (ZKH) has 4 years of EBITDA data on file, last reported at -$2.2 million in Q4 2025.

  • For the quarter ending Q4 2025, EBITDA fell 171.96% year-over-year to -$2.2 million; the trailing twelve-month figure through Dec 2025 stood at -$26.9 million (up 1.06% YoY), and the FY2025 full-year result was -$26.0 million, up 20.31% from the prior year.
  • EBITDA for Q4 2025 stood at -$2.2 million, up from -$5.4 million in the prior quarter.
  • Across five years, EBITDA topped out at $13.6 million in Q4 2023 and bottomed at -$30.1 million in Q2 2023.
  • The 4-year median for EBITDA is -$10.4 million (2024), against an average of -$8.4 million.
  • The widest annual swing landed in 2023, when EBITDA surged 190.78%; it then tumbled 171.96% in 2025.
  • A 4-year view of EBITDA shows it stood at -$15.0 million in 2022, then jumped by 190.78% to $13.6 million in 2023, then slumped by 77.37% to $3.1 million in 2024, then tumbled by 171.96% to -$2.2 million in 2025.
  • The last three EBITDA figures came in at -$2.2 million (Q4 2025), -$5.4 million (Q3 2025), and -$8.1 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Amazon Com 2,861.08 Bn 2,717.99 Bn 171.21 Bn 23.85 Bn
2 Alibaba Group Holding 348.49 Bn 315.38 Bn 12.18 Bn 2.38 Bn
3 Mercadolibre 84.38 Bn 78.73 Bn 3.86 Bn 611.00 Mn
4 DoorDash 69.78 Bn 64.91 Bn 2.04 Bn 194.00 Mn
5 Ebay 51.86 Bn 48.00 Bn 2.29 Bn 611.00 Mn
6 Coupang 29.42 Bn 29.33 Bn 2.30 Bn -242.00 Mn
7 Maplebear 9.86 Bn 9.17 Bn 738.00 Mn 182.00 Mn
8 Wayfair 8.79 Bn 7.72 Bn 880.00 Mn -11.00 Mn
9 Chewy 8.58 Bn 7.71 Bn 959.70 Mn 39.60 Mn
10 Zkh 2.08 Bn 1.93 Bn 343.81 Mn -2.22 Mn

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 -2.22 Mn
Sep 30, 2025 -5.41 Mn
Jun 30, 2025 -8.11 Mn
Mar 31, 2025 -11.12 Mn
Dec 31, 2024 3.08 Mn
Sep 30, 2024 -6.79 Mn
Jun 30, 2024 -10.38 Mn
Mar 31, 2024 -13.06 Mn
Dec 31, 2023 13.60 Mn
Sep 30, 2023 -12.04 Mn
Jun 30, 2023 -30.12 Mn
Mar 31, 2023 -11.21 Mn
Dec 31, 2022 -14.99 Mn