Zkh (ZKH) Gross Margin (2022 - 2026)
Zkh (ZKH) posted Gross Margin of 17.52% for the quarter ended Jun 30, 2026, up 1.20 percentage points from 16.32% a year earlier and up 0.84 percentage points from the prior quarter.
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Analysis
Zkh (ZKH) Gross Margin (2022 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Zkh was 16.58%, down 0.22 percentage points year-over-year; for the year ended Dec 31, 2025, it was 16.42%, down 0.82 percentage points from the prior year.
- Annual Gross Margin shows a four-year change of +14.40 percentage points (years ended Dec 2021 to Dec 2025).
- In prior years, Zkh's Gross Margin was 17.24% in the year ended Dec 31, 2024 (+0.59 pp), 16.65% in the year ended Dec 31, 2023 (+13.91 pp), 2.75% in the year ended Dec 31, 2022 (+0.73 pp) and 2.02% in the year ended Dec 31, 2021.
- The figure for the quarter ended Jun 30, 2026 stands as the highest quarterly Gross Margin since the quarter ended Mar 31, 2024.
- On a year-over-year basis, Gross Margin increased in three of the last eight quarters, with an average year-over-year change of -0.28 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was the quarter ended Jun 30, 2026, with a gain of 1.20 percentage points; the weakest was the quarter ended Dec 31, 2025, with a drop of 1.59 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 16.68% (quarter ended Mar 31, 2026), 15.50% (quarter ended Dec 31, 2025) and 16.67% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,180.92 Bn | 3,938.44 Bn | 73.85 Bn | 61.65% |
| 2 | Meta Platforms | 1,847.76 Bn | 1,550.28 Bn | 49.47 Bn | 81.37% |
| 3 | Netflix | 289.73 Bn | 249.92 Bn | 6.52 Bn | 51.93% |
| 4 | Alibaba Group Holding | 249.81 Bn | 67.68 Bn | 15.11 Bn | 38.11% |
| 5 | Shopify | 192.08 Bn | 169.26 Bn | 1.71 Bn | 47.67% |
| 6 | Uber Technologies | 139.76 Bn | 111.74 Bn | 6.38 Bn | 44.93% |
| 7 | Booking Holdings | 122.41 Bn | 55.46 Bn | - | - |
| 8 | PDD Holdings | 110.94 Bn | -140.99 Bn | 9.45 Bn | 57.06% |
| 9 | Spotify Technology | 100.32 Bn | 57.56 Bn | 1.86 Bn | 33.41% |
| 10 | Zkh | 1.04 Bn | 24.49 Mn | 63.09 Mn | 17.52% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.52% |
| Mar 31, 2026 | 16.68% |
| Dec 31, 2025 | 15.50% |
| Sep 30, 2025 | 16.67% |
| Jun 30, 2025 | 16.32% |
| Mar 31, 2025 | 17.16% |
| Dec 31, 2024 | 17.09% |
| Sep 30, 2024 | 16.68% |
| Jun 30, 2024 | 17.09% |
| Mar 31, 2024 | 18.13% |
| Dec 31, 2023 | 17.07% |
| Sep 30, 2023 | 16.31% |
| Jun 30, 2023 | 16.16% |
| Mar 31, 2023 | 17.06% |
| Dec 31, 2022 | 16.65% |
API Access
Zkh Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=ZKH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "ZKH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=ZKH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();