ZKH Group Ltd (ZKH) Net Margin (2022 - 2026)

Zkh (ZKH) has reported Net Margin for 5 consecutive years, with 1.9% the latest figure, recorded in Q1 2026.

• Net Margin for Q1 2026 came in at 1.9%, up 170.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.49% (up 70.0% YoY), and the FY2025 annual result was 0.0%, changed 0.0% from the prior year.
• Net Margin was 1.9% for Q1 2026 at Zkh, down from 1.65% in the prior quarter.
• Over five years, Net Margin peaked at 0.0% in Q4 2024 and troughed at 30.4% in Q2 2023.
• Average Net Margin over 5 years is 5.08%, with a median of 2.68% recorded in 2025.
• Year-over-year, Net Margin changed 0 bps in 2023 and soared 2705 bps in 2024.
• Over 5 years, Net Margin stood at 0.0% in 2022, then surged by 78 bps to 0.0% in 2023, then surged by 85 bps to 0.0% in 2024, then slumped by 26851156 bps to 1.65% in 2025, then retreated by 15 bps to 1.9% in 2026.
• Per Business Quant data, the three most recent Net Margin figures were 1.9% in Q1 2026, 1.65% in Q3 2025, and 2.68% in Q2 2025.