Zkh (ZKH) Research & Development (2022 - 2026)

Zkh has reported Research & Development for 5 years, with the latest figure at -$4.3 million in Q1 2026.

• For the quarter ending Q1 2026, Research & Development rose 22.07% year-over-year to -$4.3 million; the trailing twelve-month figure through Mar 2026 stood at -$22.0 million (up 6.39% YoY), and the FY2025 full-year result was -$23.7 million, down 1.93% from the prior year.
• Research & Development for Q1 2026 stood at -$4.3 million, up from -$6.3 million in the prior quarter.
• The five-year high for Research & Development was -$4.3 million in Q1 2026, with the low at -$8.4 million in Q4 2022.
• Historically, Research & Development has averaged -$6.0 million across 5 years, with a median of -$5.7 million in 2024.
• Annual changes were most pronounced in 2023 — Research & Development surged 36.31% — and 2024, when it dropped 15.69%.
• Zkh's Research & Development stood at -$8.4 million in 2022, then jumped by 36.31% to -$5.3 million in 2023, then dropped by 6.53% to -$5.7 million in 2024, then fell by 11.06% to -$6.3 million in 2025, then soared by 32.54% to -$4.3 million in 2026.
• The last three Research & Development figures came in at -$4.3 million (Q1 2026), -$6.3 million (Q4 2025), and -$5.7 million (Q3 2025), per Business Quant data.