Zkh (ZKH) EBT Margin (2022 - 2026)
Zkh's (ZKH) quarterly EBT Margin came in at 0.45% in Q1 2026, up 298.0% YoY from 0.11% in Q1 2025, and down 319.99% on a QoQ basis from 0.21% in Q4 2025.
Zkh (ZKH) EBT Margin (2022 - 2026) Analysis & Trends
Zkh (ZKH) has 5 years of EBT Margin data on file, last reported at 0.45% in Q1 2026.
- Quarterly EBT Margin rose 298.0% year-over-year to 0.45% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.89% (up 187.0% YoY) and the FY2025 annual result came in at 1.55%, up 149.0% from the prior year.
- EBT Margin slipped to 0.45% in Q1 2026, from 0.21% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 0.83% in Q4 2023 to a low of 6.25% in Q2 2023.
- A 5-year average of 2.73% and a median of 3.19% in 2024 frame the typical range for EBT Margin.
- Annual changes were most pronounced in 2023 — EBT Margin surged 452 bps — and 2024, when it sank 204 bps.
- Tracing ZKH's EBT Margin over 5 years: stood at 3.7% in 2022, then jumped by 122 bps to 0.83% in 2023, then tumbled by 247 bps to 1.22% in 2024, then surged by 117 bps to 0.21% in 2025, then tumbled by 320 bps to 0.45% in 2026.
- The last three EBT Margin figures came in at 0.45% (Q1 2026), 0.21% (Q4 2025), and 1.04% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,924.81 Bn | 2,801.82 Bn | 198.88 Bn | 31.58% |
| 2 | PDD Holdings | 507.43 Bn | 447.89 Bn | 9.83 Bn | 25.49% |
| 3 | Mercadolibre | 97.63 Bn | 82.44 Bn | 4.16 Bn | 5.96% |
| 4 | DoorDash | 92.84 Bn | 87.49 Bn | 2.35 Bn | 4.65% |
| 5 | JD.com | 87.50 Bn | 58.32 Bn | 7.66 Bn | 2.25% |
| 6 | Sea | 78.11 Bn | 69.60 Bn | 3.15 Bn | 9.23% |
| 7 | Ebay | 47.53 Bn | 44.23 Bn | 2.30 Bn | 21.22% |
| 8 | Coupang | 29.77 Bn | 23.66 Bn | 2.49 Bn | -6.02% |
| 9 | Zkh | 16.08 Bn | 16.08 Bn | 51.11 Mn | -0.45% |
| 10 | Wayfair | 13.71 Bn | 12.57 Bn | 1.05 Bn | 0.06% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.45% |
| Dec 31, 2025 | 0.21% |
| Sep 30, 2025 | -1.04% |
| Jun 30, 2025 | -2.47% |
| Mar 31, 2025 | -3.43% |
| Dec 31, 2024 | -1.22% |
| Sep 30, 2024 | -3.56% |
| Jun 30, 2024 | -2.94% |
| Mar 31, 2024 | -4.88% |
| Dec 31, 2023 | 0.83% |
| Sep 30, 2023 | -4.31% |
| Jun 30, 2023 | -6.25% |
| Mar 31, 2023 | -5.04% |
| Dec 31, 2022 | -3.70% |