Zkh (ZKH) EBITDA (2022 - 2026)

Zkh (ZKH) reported EBITDA of -$5.8 million for Q1 2026, up 39.18% on a YoY basis from -$4.2 million in Q1 2025, and down 163.39% quarter-over-quarter from -$2.2 million in Q4 2025.

Zkh (ZKH) EBITDA (2022 - 2026) Analysis & Trends

Zkh has reported EBITDA for 5 years, with the latest figure at -$5.8 million in Q1 2026.

  • For the quarter ending Q1 2026, EBITDA rose 39.18% year-over-year to -$5.8 million; the trailing twelve-month figure through Mar 2026 stood at -$21.6 million (up 8.91% YoY), and the FY2025 full-year result was -$26.0 million, up 20.31% from the prior year.
  • EBITDA for Q1 2026 stood at -$5.8 million, down from -$2.2 million in the prior quarter.
  • The five-year high for EBITDA was $13.6 million in Q4 2023, with the low at -$30.1 million in Q2 2023.
  • Historically, EBITDA has averaged -$8.1 million across 5 years, with a median of -$8.9 million in 2025.
  • Annual changes were most pronounced in 2023 — EBITDA surged 190.78% — and 2025, when it sank 171.96%.
  • Zkh's EBITDA stood at -$15.0 million in 2022, then soared by 190.78% to $13.6 million in 2023, then tumbled by 77.37% to $3.1 million in 2024, then plunged by 171.96% to -$2.2 million in 2025, then plunged by 163.39% to -$5.8 million in 2026.
  • The last three EBITDA figures came in at -$5.8 million (Q1 2026), -$2.2 million (Q4 2025), and -$5.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Amazon Com 2,551.03 Bn 2,407.94 Bn 171.21 Bn 23.85 Bn
2 Mercadolibre 82.72 Bn 77.07 Bn 3.86 Bn 611.00 Mn
3 DoorDash 72.09 Bn 67.22 Bn 2.04 Bn 194.00 Mn
4 PDD Holdings 62.92 Bn 38.25 Bn 12.81 Bn 3.96 Bn
5 Ebay 48.30 Bn 44.44 Bn 2.29 Bn 611.00 Mn
6 Coupang 34.44 Bn 34.35 Bn 2.30 Bn -242.00 Mn
7 Zkh 14.36 Bn 14.36 Bn 285.30 Mn -5.83 Mn
8 Wayfair 10.72 Bn 9.65 Bn 880.00 Mn -11.00 Mn
9 Maplebear 10.27 Bn 9.58 Bn 738.00 Mn 182.00 Mn
10 Chewy 7.37 Bn 6.85 Bn 1.01 Bn 94.80 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -5.83 Mn
Dec 31, 2025 -2.22 Mn
Sep 30, 2025 -5.41 Mn
Jun 30, 2025 -8.11 Mn
Mar 31, 2025 -9.59 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