Zkh (ZKH) Operating Margin (2022 - 2025)

Historic Operating Margin for Zkh (ZKH) over the last 4 years, with Q3 2025 value amounting to 1.39%.

  • Zkh's Operating Margin rose 32300.0% to 1.39% in Q3 2025 from the same period last year, while for Sep 2025 it was 1.79%, marking a year-over-year increase of 17600.0%. This contributed to the annual value of 3.87% for FY2024, which is 7100.0% up from last year.
  • Per Zkh's latest filing, its Operating Margin stood at 1.39% for Q3 2025, which was up 32300.0% from 3.32% recorded in Q2 2025.
  • In the past 5 years, Zkh's Operating Margin registered a high of 0.28% during Q4 2023, and its lowest value of 7.6% during Q1 2023.
  • Moreover, its 4-year median value for Operating Margin was 4.06% (2022), whereas its average is 4.01%.
  • Its Operating Margin has fluctuated over the past 5 years, first soared by 36600bps in 2023, then crashed by -11000bps in 2024.
  • Over the past 4 years, Zkh's Operating Margin (Quarter) stood at 3.94% in 2022, then surged by 93bps to 0.28% in 2023, then tumbled by -396bps to 1.37% in 2024, then fell by -1bps to 1.39% in 2025.
  • Its Operating Margin stands at 1.39% for Q3 2025, versus 3.32% for Q2 2025 and 4.18% for Q1 2025.