Zkh (ZKH) Invested Capital (2022 - 2026)

Zkh (ZKH) reported Invested Capital of $33205.3 for Q1 2026, up 49.86% on a YoY basis from $22157.0 in Q1 2025, and down 99.99% quarter-over-quarter from $414.7 million in Q4 2025.

Zkh (ZKH) Invested Capital (2022 - 2026) Analysis & Trends

Zkh has reported Invested Capital for 5 years, with the latest figure at $33205.3 in Q1 2026.

  • For the quarter ending Q1 2026, Invested Capital rose 49.86% year-over-year to $33205.3; the trailing twelve-month figure through Mar 2026 stood at $142872.0 (up 544.82% YoY), and the FY2025 full-year result was $414.7 million, down 3.86% from the prior year.
  • Invested Capital for Q1 2026 stood at $33205.3, down from $414.7 million in the prior quarter.
  • The five-year high for Invested Capital was $527.3 million in Q4 2023, with the low at -$536.6 million in Q4 2022.
  • Historically, Invested Capital has averaged $196.6 million across 5 years, with a median of $414.7 million in 2025.
  • Annual changes were most pronounced in 2023 — Invested Capital surged 198.26% — and 2025, when it slumped 100.0%.
  • Zkh's Invested Capital stood at -$536.6 million in 2022, then jumped by 198.26% to $527.3 million in 2023, then dropped by 18.16% to $431.5 million in 2024, then decreased by 3.88% to $414.7 million in 2025, then plunged by 99.99% to $33205.3 in 2026.
  • The last three Invested Capital figures came in at $33205.3 (Q1 2026), $414.7 million (Q4 2025), and $41915.4 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Amazon Com 2,551.03 Bn 2,407.94 Bn 171.21 Bn 564.55 Bn
2 Mercadolibre 82.72 Bn 77.07 Bn 3.86 Bn 12.60 Bn
3 DoorDash 72.09 Bn 67.22 Bn 2.04 Bn 10.20 Bn
4 PDD Holdings 62.92 Bn 38.25 Bn 12.81 Bn 58.28 Bn
5 Ebay 48.30 Bn 44.44 Bn 2.29 Bn 11.16 Bn
6 Coupang 34.44 Bn 34.35 Bn 2.30 Bn 4.55 Bn
7 Zkh 14.36 Bn 14.36 Bn 285.30 Mn 33,205.27
8 Wayfair 10.72 Bn 9.65 Bn 880.00 Mn 158.00 Mn
9 Maplebear 10.27 Bn 9.58 Bn 738.00 Mn 2.40 Bn
10 Chewy 7.37 Bn 6.85 Bn 1.01 Bn 424.20 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 33,205.27
Dec 31, 2025 414.74 Mn
Sep 30, 2025 41,915.37
Jun 30, 2025 45,594.37
Mar 31, 2025 22,157.00
Dec 31, 2024 431.50 Mn
Sep 30, 2024 439.06 Mn
Jun 30, 2024 440.22 Mn
Mar 31, 2024 445.76 Mn
Dec 31, 2023 527.27 Mn
Dec 31, 2022 -536.61 Mn