Zkh (ZKH) Gross Margin (2022 - 2026)

Zkh (ZKH) has 4 years of Gross Margin data on file, last reported at 94.02% in Q4 2025.

• For the quarter ending Q4 2025, Gross Margin rose 41.0% year-over-year to 94.02%; the trailing twelve-month figure through Dec 2025 stood at 93.12% (up 44.0% YoY), and the FY2025 full-year result was 93.49%, up 81.0% from the prior year.
• Gross Margin for Q4 2025 stood at 94.02%, up from 93.23% in the prior quarter.
• Across five years, Gross Margin topped out at 94.02% in Q4 2025 and bottomed at 90.72% in Q1 2023.
• The 4-year median for Gross Margin is 92.71% (2022), against an average of 92.53%.
• Peak annual rise in Gross Margin reached 159 bps in 2025, while the deepest fall reached 78 bps in 2025.
• A 4-year view of Gross Margin shows it stood at 92.71% in 2022, then climbed by 0 bps to 93.04% in 2023, then climbed by 1 bps to 93.61% in 2024, then advanced by 0 bps to 94.02% in 2025.
• The last three Gross Margin figures came in at 94.02% (Q4 2025), 93.23% (Q3 2025), and 92.21% (Q2 2025), per Business Quant data.

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