Growth Metrics

ZTO Express (Cayman) (ZTO) Cost of Revenue (2016 - 2025)

Historic Cost of Revenue for Express (Cayman) (ZTO) over the last 11 years, with Q3 2025 value amounting to $1.3 billion.

  • Express (Cayman)'s Cost of Revenue rose 1963.97% to $1.3 billion in Q3 2025 from the same period last year, while for Sep 2025 it was $4.9 billion, marking a year-over-year increase of 2064.95%. This contributed to the annual value of $4.2 billion for FY2024, which is 1110.88% up from last year.
  • According to the latest figures from Q3 2025, Express (Cayman)'s Cost of Revenue is $1.3 billion, which was up 1963.97% from $1.2 billion recorded in Q2 2025.
  • Over the past 5 years, Express (Cayman)'s Cost of Revenue peaked at $1.3 billion during Q4 2024, and registered a low of $829.4 million during Q1 2021.
  • Moreover, its 5-year median value for Cost of Revenue was $977.7 million (2024), whereas its average is $1.0 billion.
  • Its Cost of Revenue has fluctuated over the past 5 years, first skyrocketed by 8960.6% in 2021, then crashed by 788.6% in 2023.
  • Quarter analysis of 5 years shows Express (Cayman)'s Cost of Revenue stood at $1.1 billion in 2021, then dropped by 5.85% to $1.0 billion in 2022, then rose by 2.52% to $1.1 billion in 2023, then grew by 18.94% to $1.3 billion in 2024, then decreased by 0.28% to $1.3 billion in 2025.
  • Its Cost of Revenue stands at $1.3 billion for Q3 2025, versus $1.2 billion for Q2 2025 and $1.1 billion for Q1 2025.