Zkh ZKH
NYSE ZKH
$2.93 +0.01 (+0.51%)
As of: Sep 1, 2026 · 2:05 PM EDT

Zkh (ZKH) Net Margin (2022 - 2026)

Zkh's (ZKH) quarterly Net Margin came in at 0.48% in Q1 2026, up 297.0% YoY from 0.12% in Q1 2025, and down 355.59% on a QoQ basis from 0.19% in Q4 2025.

Analysis

Zkh (ZKH) Net Margin (2022 - 2026) Analysis & Trends

Zkh (ZKH) has 5 years of Net Margin data on file, last reported at 0.48% in Q1 2026.

  • Quarterly Net Margin rose 297.0% year-over-year to 0.48% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.9% (up 187.0% YoY) and the FY2025 annual result came in at 1.55%, up 150.0% from the prior year.
  • Net Margin declined to 0.48% in Q1 2026, from 0.19% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 0.19% in Q4 2025 to a low of 26.48% in Q2 2023.
  • A 5-year average of 5.2% and a median of 3.2% in 2025 frame the typical range for Net Margin.
  • Annual changes were most pronounced in 2024 — Net Margin soared 2353 bps — and 2025, when it surged 48 bps.
  • Tracing ZKH's Net Margin over 5 years: stood at 7.08% in 2022, then jumped by 66 bps to 2.44% in 2023, then surged by 50 bps to 1.23% in 2024, then soared by 115 bps to 0.19% in 2025, then plunged by 356 bps to 0.48% in 2026.
  • The last three Net Margin figures came in at 0.48% (Q1 2026), 0.19% (Q4 2025), and 1.04% (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Amazon Com 2,735.27 Bn 2,612.28 Bn 198.88 Bn 24.31%
2 PDD Holdings 116.19 Bn -48,010.22 Bn 9.45 Bn 24.19%
3 DoorDash 98.67 Bn 93.32 Bn 2.35 Bn 4.47%
4 Mercadolibre 98.66 Bn 83.46 Bn 4.16 Bn 4.58%
5 Sea 67.43 Bn 59.03 Bn 3.55 Bn 11.53%
6 Ebay 46.79 Bn 43.48 Bn 2.30 Bn 17.55%
7 JD.com 39.63 Bn 7.08 Bn 16.50 Bn 1.85%
8 Coupang 28.43 Bn 22.32 Bn 2.49 Bn -6.44%
9 Wayfair 12.38 Bn 11.24 Bn 1.05 Bn -0.03%
10 Zkh 556.29 Mn 316.23 Mn 63.09 Mn 1.09%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.09%
Mar 31, 2026 -0.48%
Dec 31, 2025 0.19%
Sep 30, 2025 -1.04%
Jun 30, 2025 -2.47%
Mar 31, 2025 -3.45%
Dec 31, 2024 -1.23%
Sep 30, 2024 -3.58%
Jun 30, 2024 -2.95%
Mar 31, 2024 -4.89%
Dec 31, 2023 -2.44%
Sep 30, 2023 -8.90%
Jun 30, 2023 -26.48%
Mar 31, 2023 -7.96%
Dec 31, 2022 -7.08%