Zkh (ZKH) Gross Margin (2022 - 2026)

Zkh (ZKH) has 5 years of Gross Margin data on file, last reported at 16.68% in Q1 2026.

• Quarterly Gross Margin fell 45.0% year-over-year to 16.68% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 16.26% (down 73.0% YoY) and the FY2025 annual result came in at 16.42%, down 82.0% from the prior year.
• Gross Margin advanced to 16.68% in Q1 2026, from 15.5% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 18.13% in Q1 2024 to a low of 15.5% in Q4 2025.
• A 5-year average of 16.75% and a median of 16.68% in 2026 frame the typical range for Gross Margin.
• Annual changes were most pronounced in 2024 — Gross Margin soared 107 bps — and 2025, when it plunged 159 bps.
• Tracing ZKH's Gross Margin over 5 years: stood at 16.65% in 2022, then climbed by 3 bps to 17.07% in 2023, then advanced by 0 bps to 17.09% in 2024, then slipped by 9 bps to 15.5% in 2025, then grew by 8 bps to 16.68% in 2026.
• The last three Gross Margin figures came in at 16.68% (Q1 2026), 15.5% (Q4 2025), and 16.67% (Q3 2025), per Business Quant data.