Zkh (ZKH) Tax Rate (2023 - 2026)
Zkh (ZKH) reported Tax Rate of 5.4% for Q1 2026, up 502.0% on a YoY basis from 0.9% in Q1 2025, and up 158.12% quarter-over-quarter from 9.28% in Q4 2025.
Zkh (ZKH) Tax Rate (2023 - 2026) Analysis & Trends
Zkh has reported Tax Rate for 4 years, with the latest figure at 5.4% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 502.0% year-over-year to 5.4%; the trailing twelve-month figure through Mar 2026 stood at 1.21% (up 72.0% YoY), and the FY2025 full-year result was 0.5%, up 12.0% from the prior year.
- Tax Rate for Q1 2026 stood at 5.4%, up from 9.28% in the prior quarter.
- The five-year high for Tax Rate was 5.4% in Q1 2026, with the low at 9.28% in Q4 2025.
- Historically, Tax Rate has averaged 0.09% across 4 years, with a median of 0.1% in 2024.
- Annual changes were most pronounced in 2025 — Tax Rate sank 1022 bps — and 2026, when it jumped 502 bps.
- Zkh's Tax Rate stood at 0.29% in 2023, then jumped by 219 bps to 0.94% in 2024, then tumbled by 1091 bps to 9.28% in 2025, then soared by 158 bps to 5.4% in 2026.
- The last three Tax Rate figures came in at 5.4% (Q1 2026), 9.28% (Q4 2025), and 0.03% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,551.03 Bn | 2,407.94 Bn | 171.21 Bn | 24.00% |
| 2 | Mercadolibre | 82.72 Bn | 77.07 Bn | 3.86 Bn | 27.98% |
| 3 | DoorDash | 72.09 Bn | 67.22 Bn | 2.04 Bn | 4.19% |
| 4 | PDD Holdings | 62.92 Bn | 38.25 Bn | 12.81 Bn | -30.47% |
| 5 | Ebay | 48.30 Bn | 44.44 Bn | 2.29 Bn | 17.15% |
| 6 | Coupang | 34.44 Bn | 34.35 Bn | 2.30 Bn | -4.31% |
| 7 | Zkh | 14.36 Bn | 14.36 Bn | 285.30 Mn | 5.40% |
| 8 | Wayfair | 10.72 Bn | 9.65 Bn | 880.00 Mn | -0.96% |
| 9 | Maplebear | 10.27 Bn | 9.58 Bn | 738.00 Mn | 23.40% |
| 10 | Chewy | 7.37 Bn | 6.85 Bn | 1.01 Bn | 27.80% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.40% |
| Mar 31, 2026 | 5.40% |
| Dec 31, 2025 | -9.28% |
| Dec 31, 2025 | -9.28% |
| Sep 30, 2025 | 0.03% |
| Sep 30, 2025 | 0.03% |
| Jun 30, 2025 | -0.09% |
| Jun 30, 2025 | -0.09% |
| Mar 31, 2025 | 0.37% |
| Mar 31, 2025 | 0.37% |
| Dec 31, 2024 | 0.94% |
| Dec 31, 2024 | 0.94% |
| Sep 30, 2024 | 0.73% |
| Sep 30, 2024 | 0.73% |
| Jun 30, 2024 | 0.10% |
| Jun 30, 2024 | 0.10% |
| Mar 31, 2024 | 0.10% |
| Mar 31, 2024 | 0.10% |
| Dec 31, 2023 | 0.29% |
| Dec 31, 2023 | 0.29% |