Zkh (ZKH) Payables (2022 - 2026)
Zkh (ZKH) recorded Payables of $445.21 million in the quarter ended Jun 30, 2026, up 19.8% from $371.55 million a year earlier and up 13.5% from the prior quarter.
Powered by 
Analysis
Zkh (ZKH) Payables (2022 - 2026) Analysis & Trends
As of Dec 31, 2025, Zkh reported Payables of $423.12 million, up 7.8% from the prior year.
- Annual Payables has a three-year compound annual growth rate of 0.3% (years ended Dec 2022 to Dec 2025).
- Across earlier years, Payables came in at $392.42 million in the year ended Dec 31, 2024 (-19.7%), $488.51 million in the year ended Dec 31, 2023 (+16.5%) and $419.43 million in the year ended Dec 31, 2022.
- The figure for the quarter ended Jun 30, 2026 is the highest quarterly Payables since the quarter ended Dec 31, 2023.
- On a year-over-year basis, Payables has increased for three consecutive quarters, with an average decline of 2.9% over the last seven quarters.
- Peak year-over-year performance for Payables in the last five years was growth of 21.7% in the quarter ended Dec 31, 2023, against a decline of 20.3% in the quarter ended Mar 31, 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $392.34 million (quarter ended Mar 31, 2026), $417.19 million (quarter ended Dec 31, 2025) and $393.24 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | 20.26 Bn |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | 15.89 Bn |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | 3.30 Bn |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn | - |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn | 1.12 Bn |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | 3.36 Bn |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | 5.15 Bn |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | 11.29 Bn |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | 778.94 Mn |
| 10 | Zkh | 1.06 Bn | 43.03 Mn | 63.09 Mn | 445.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 445.21 Mn |
| Mar 31, 2026 | 392.34 Mn |
| Dec 31, 2025 | 417.19 Mn |
| Sep 30, 2025 | 393.24 Mn |
| Jun 30, 2025 | 371.55 Mn |
| Mar 31, 2025 | 340.64 Mn |
| Dec 31, 2024 | 398.77 Mn |
| Sep 30, 2024 | 421.04 Mn |
| Jun 30, 2024 | 440.66 Mn |
| Mar 31, 2024 | 427.20 Mn |
| Dec 31, 2023 | 481.71 Mn |
| Dec 31, 2022 | 395.96 Mn |
API Access
Zkh Payables 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=payables&ticker=ZKH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=ZKH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();