Zkh (ZKH) Research & Development (2022 - 2026)
Zkh's Research & Development came in at -$5.18 million for the quarter ended Jun 30, 2026, compared with -$5.79 million a year earlier.
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Analysis
Zkh (ZKH) Research & Development (2022 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Zkh reported Research & Development of -$21.41 million; for the year ended Dec 31, 2025, it was -$23.67 million.
- Going back by year, Research & Development was -$23.22 million in the year ended Dec 31, 2024, -$24.78 million in the year ended Dec 31, 2023, -$35.82 million in the year ended Dec 31, 2022 and -$39.75 million in the year ended Dec 31, 2021.
- The five-year range for quarterly Research & Development is -$8.37 million (the quarter ended Dec 31, 2022) to -$4.25 million (the quarter ended Mar 31, 2026).
- Business Quant data shows ZKH's Research & Development at -$4.25 million (quarter ended Mar 31, 2026), -$6.31 million (quarter ended Dec 31, 2025) and -$5.67 million (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,054.91 Bn | 3,812.44 Bn | 73.85 Bn | 18.22 Bn |
| 2 | Meta Platforms | 1,805.50 Bn | 1,508.02 Bn | 49.47 Bn | 21.66 Bn |
| 3 | Netflix | 274.19 Bn | 234.39 Bn | 6.52 Bn | 1.01 Bn |
| 4 | Alibaba Group Holding | 242.63 Bn | 56.40 Bn | 15.11 Bn | -3.32 Bn |
| 5 | Shopify | 229.59 Bn | 206.77 Bn | 1.71 Bn | 445.00 Mn |
| 6 | Uber Technologies | 139.14 Bn | 110.94 Bn | 6.38 Bn | 1.04 Bn |
| 7 | Booking Holdings | 121.41 Bn | 54.46 Bn | - | - |
| 8 | PDD Holdings | 110.10 Bn | -133.68 Bn | 9.45 Bn | -673.00 Mn |
| 9 | Spotify Technology | 108.35 Bn | 65.86 Bn | 1.86 Bn | 468.43 Mn |
| 10 | Zkh | 275.37 Mn | -744.75 Mn | 63.09 Mn | -5.18 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -5.18 Mn |
| Mar 31, 2026 | -4.25 Mn |
| Dec 31, 2025 | -6.31 Mn |
| Sep 30, 2025 | -5.67 Mn |
| Jun 30, 2025 | -5.79 Mn |
| Mar 31, 2025 | -5.46 Mn |
| Dec 31, 2024 | -5.77 Mn |
| Sep 30, 2024 | -6.95 Mn |
| Jun 30, 2024 | -5.31 Mn |
| Mar 31, 2024 | -5.57 Mn |
| Dec 31, 2023 | -5.26 Mn |
| Sep 30, 2023 | -6.13 Mn |
| Jun 30, 2023 | -6.56 Mn |
| Mar 31, 2023 | -6.98 Mn |
| Dec 31, 2022 | -8.37 Mn |
API Access
Zkh Research & Development 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=research-and-development&ticker=ZKH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=ZKH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();