Zkh (ZKH) Operating Expenses (2022 - 2026)
Zkh (ZKH) recorded Operating Expenses of -$27.19 million in the quarter ended Jun 30, 2026, compared with -$26.1 million a year earlier.
Powered by 
Analysis
Zkh (ZKH) Operating Expenses (2022 - 2026) Analysis & Trends
On a TTM basis, Zkh's Operating Expenses came in at -$102.8 million as of Jun 30, 2026; for the year ended Dec 31, 2025, it was -$106.07 million.
- Across earlier years, Operating Expenses came in at -$111.8 million in the year ended Dec 31, 2024, -$100.2 million in the year ended Dec 31, 2023, -$127.01 million in the year ended Dec 31, 2022 and -$157.52 million in the year ended Dec 31, 2021.
- The figure for the quarter ended Jun 30, 2026 is the lowest quarterly Operating Expenses since the quarter ended Sep 30, 2024.
- Per Business Quant, the preceding three quarters came in at -$23.28 million (quarter ended Mar 31, 2026), -$26.31 million (quarter ended Dec 31, 2025) and -$26.01 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | 79.03 Bn |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | 42.03 Bn |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | 1.51 Bn |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn | -5.17 Bn |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn | 1.22 Bn |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | 12.30 Bn |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | 4.85 Bn |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | -5.39 Bn |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | 429.41 Mn |
| 10 | Zkh | 1.06 Bn | 43.03 Mn | 63.09 Mn | -27.19 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -27.19 Mn |
| Mar 31, 2026 | -23.28 Mn |
| Dec 31, 2025 | -26.31 Mn |
| Sep 30, 2025 | -26.01 Mn |
| Jun 30, 2025 | -26.10 Mn |
| Mar 31, 2025 | -25.19 Mn |
| Dec 31, 2024 | -26.16 Mn |
| Sep 30, 2024 | -31.45 Mn |
| Jun 30, 2024 | -27.27 Mn |
| Mar 31, 2024 | -28.28 Mn |
| Dec 31, 2023 | -20.58 Mn |
| Sep 30, 2023 | -26.96 Mn |
| Jun 30, 2023 | -26.11 Mn |
| Mar 31, 2023 | -27.40 Mn |
| Dec 31, 2022 | -28.45 Mn |
API Access
Zkh Operating Expenses 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=operating-expenses&ticker=ZKH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=ZKH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();