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| Date | Value |
|---|---|
| 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 |