Zkh (ZKH) EBITDA (2022 - 2026)
Zkh's (ZKH) quarterly EBITDA came in at -$3.2 million in Q1 2026, up 70.78% YoY from -$1.9 million in Q1 2025, and up 19.57% on a QoQ basis from -$4.0 million in Q4 2025.
Zkh (ZKH) EBITDA (2022 - 2026) Analysis & Trends
Zkh (ZKH) has 5 years of EBITDA data on file, last reported at -$3.2 million in Q1 2026.
- Quarterly EBITDA rose 70.78% year-over-year to -$3.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$21.8 million (up 46.15% YoY) and the FY2025 annual result came in at -$30.5 million, up 34.27% from the prior year.
- EBITDA grew to -$3.2 million in Q1 2026, from -$4.0 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of -$956000.0 in Q4 2023 to a low of -$21.5 million in Q1 2023.
- A 5-year average of -$10.7 million and a median of -$10.5 million in 2025 frame the typical range for EBITDA.
- Annual changes were most pronounced in 2023 — EBITDA jumped 92.37% — and 2024, when it tumbled 367.05%.
- Tracing ZKH's EBITDA over 5 years: stood at -$12.5 million in 2022, then jumped by 92.37% to -$956000.0 in 2023, then plunged by 367.05% to -$4.5 million in 2024, then climbed by 9.56% to -$4.0 million in 2025, then gained by 19.57% to -$3.2 million in 2026.
- The last three EBITDA figures came in at -$3.2 million (Q1 2026), -$4.0 million (Q4 2025), and -$4.5 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,942.95 Bn | 2,819.97 Bn | 198.88 Bn | 51.31 Bn |
| 2 | PDD Holdings | 508.05 Bn | 448.51 Bn | 9.83 Bn | 3.96 Bn |
| 3 | Mercadolibre | 97.02 Bn | 81.83 Bn | 4.16 Bn | 683.00 Mn |
| 4 | DoorDash | 93.69 Bn | 88.35 Bn | 2.35 Bn | 156.00 Mn |
| 5 | JD.com | 87.61 Bn | 58.43 Bn | 7.66 Bn | 549.62 Mn |
| 6 | Sea | 78.10 Bn | 69.58 Bn | 3.15 Bn | 573.57 Mn |
| 7 | Ebay | 47.48 Bn | 44.17 Bn | 2.30 Bn | 676.00 Mn |
| 8 | Coupang | 29.69 Bn | 23.58 Bn | 2.49 Bn | -556.00 Mn |
| 9 | Zkh | 15.94 Bn | 15.94 Bn | 51.11 Mn | -3.25 Mn |
| 10 | Wayfair | 13.68 Bn | 12.54 Bn | 1.05 Bn | 104.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.25 Mn |
| Dec 31, 2025 | -4.04 Mn |
| Sep 30, 2025 | -4.52 Mn |
| Jun 30, 2025 | -9.95 Mn |
| Mar 31, 2025 | -11.12 Mn |
| Dec 31, 2024 | -4.47 Mn |
| Sep 30, 2024 | -15.01 Mn |
| Jun 30, 2024 | -9.80 Mn |
| Mar 31, 2024 | -18.13 Mn |
| Dec 31, 2023 | -956,000.00 |
| Sep 30, 2023 | -16.79 Mn |
| Jun 30, 2023 | -17.57 Mn |
| Mar 31, 2023 | -21.55 Mn |
| Dec 31, 2022 | -12.52 Mn |