Zkh (ZKH) Operating Leases (2022 - 2026)
Zkh (ZKH) recorded Operating Leases of $6.62 million in the quarter ended Jun 30, 2026, down 17.1% from $7.98 million a year earlier and down 3.1% from the prior quarter.
Zkh (ZKH) Operating Leases (2022 - 2026) Analysis & Trends
As of Dec 31, 2025, Zkh reported Operating Leases of $7.18 million, down 35.6% from the prior year.
- Annual Operating Leases has declined for three straight years, with a three-year compound annual growth rate of -20.5% (years ended Dec 2022 to Dec 2025).
- Across earlier years, Operating Leases came in at $11.15 million in the year ended Dec 31, 2024 (-13.2%), $12.85 million in the year ended Dec 31, 2023 (-9.9%) and $14.26 million in the year ended Dec 31, 2022.
- Quarterly Operating Leases has ranged from $5.95 million in the quarter ended Sep 30, 2025 to $13.47 million in the quarter ended Dec 31, 2022 over the past five years.
- On a year-over-year basis, Operating Leases has declined for seven consecutive quarters, with an average decline of 27.6% over the last seven quarters.
- The year-over-year decline in Operating Leases has ranged between 5.9% (the quarter ended Dec 31, 2023) and 49.2% (the quarter ended Sep 30, 2025) over the last five years.
- Per Business Quant, the preceding three quarters came in at $6.83 million (quarter ended Mar 31, 2026), $7.08 million (quarter ended Dec 31, 2025) and $5.95 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,126.42 Bn | 3,883.94 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,763.57 Bn | 1,466.09 Bn | 49.47 Bn |
| 3 | Netflix | 287.17 Bn | 247.37 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 252.08 Bn | 65.86 Bn | 15.11 Bn |
| 5 | Shopify | 224.54 Bn | 201.72 Bn | 1.71 Bn |
| 6 | Uber Technologies | 140.28 Bn | 112.08 Bn | 6.38 Bn |
| 7 | Booking Holdings | 125.81 Bn | 58.86 Bn | - |
| 8 | PDD Holdings | 114.10 Bn | -129.68 Bn | 9.45 Bn |
| 9 | Spotify Technology | 108.24 Bn | 65.74 Bn | 1.86 Bn |
| 10 | Zkh | 287.55 Mn | -732.56 Mn | 63.09 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.36 Mn |
| Mar 31, 2026 | 12.07 Mn |
| Dec 31, 2025 | 13.14 Mn |
| Sep 30, 2025 | 15.26 Mn |
| Jun 30, 2025 | 14.28 Mn |
| Mar 31, 2025 | 13.42 Mn |
| Dec 31, 2024 | 14.95 Mn |
| Sep 30, 2024 | 16.62 Mn |
| Jun 30, 2024 | 16.79 Mn |
| Mar 31, 2024 | 17.95 Mn |
| Dec 31, 2023 | 20.68 Mn |
| Dec 31, 2022 | 30.79 Mn |
Zkh Operating Leases 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-leases&ticker=ZKH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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-leases&ticker=ZKH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();