ZKH Group Ltd ZKH Revenue Breakdown

NYSE ZKH
$1.81 +0.04 (+2.26%)
At close: Oct 22, 2026 · 4:00 PM EDT
Annual revenue breakdowns for Zkh, fiscal 2021 to 2025, as reported in its filings.
Annual history

Zkh Revenue by Product & Service

Years FY 2021–2025
Lines 3
FY 2025 Total $8.99B

Net Product Revenues was Zkh’s largest product and service line in fiscal 2025, bringing in $8.77B of $8.99B (98%).

Zkh revenue by product and service, fiscal 2021 to 2025
Product and Service FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Net Product Revenues $8.09B $8.34B $8.45B $8.77B
Net Service Revenues $179.51M $307.41M $244.71M $171.26M
Other Revenues $48.81M $72.16M $67.14M $49.72M
Total $8.32B $8.72B $8.76B $8.99B

Zkh revenue by product and service: what the figures show

Zkh brought in $8.99B from its three product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 2.6% from $8.76B in fiscal 2024. Net Product Revenues was the largest at $8.77B (97.5%), ahead of Net Service Revenues at $171.26M (1.9%) and Other Revenues at $49.72M (0.6%).

From fiscal 2022 to 2025, combined revenue from these lines grew from $8.32B to $8.99B, a compound annual growth rate of 2.6%. Net Product Revenues' share held steady at about 97.5%.

Annual history

Zkh Revenue by Platform

Years FY 2021–2025
Lines 2
FY 2025 Total $8.94B

Zkh Platform was Zkh’s largest revenue line in fiscal 2025, bringing in $7.93B of $8.94B (89%).

Zkh revenue by platform, fiscal 2021 to 2025
Platform FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Zkh Platform $7.46B $7.69B $7.69B $7.93B
Gbb Platform $809.66M $960.10M $999.28M $1.01B
Total $8.27B $8.65B $8.69B $8.94B

Zkh revenue by platform: what the figures show

Zkh brought in $8.94B from its two revenue lines in fiscal 2025, the year ended December 31, 2025. That was up 2.8% from $8.69B in fiscal 2024. Zkh Platform was the largest at $7.93B (88.7%), ahead of Gbb Platform at $1.01B (11.3%).

Compared with fiscal 2024, Zkh Platform grew 3.0% to $7.93B and Gbb Platform grew 1.0% to $1.01B. From fiscal 2022 to 2025, combined revenue from these revenue lines grew from $8.27B to $8.94B, a compound annual growth rate of 2.6%. Zkh Platform's share of the total fell from 90.2% to 88.7%.

Questions

Zkh Revenue Breakdown FAQ

How does Zkh make money?

Zkh (ZKH) reports its revenue by product and service and by platform. In fiscal 2025, Net Product Revenues was its largest product and service line, bringing in $8.77B (97.5% of the total), followed by Net Service Revenues at $171.26M (1.9%).

What is Zkh's largest product and service line?

Net Product Revenues was Zkh's largest product and service line in fiscal 2025, bringing in $8.77B, or 97.5% of the $8.99B total across its three product and service lines.

What is Zkh's largest revenue line?

Zkh Platform was Zkh's largest revenue line in fiscal 2025, bringing in $7.93B, or 88.7% of the $8.94B total across its two revenue lines.

Which Zkh revenue line is growing the fastest?

Zkh Platform grew faster than Gbb Platform in fiscal 2025, up 3.0% from $7.69B to $7.93B. Gbb Platform grew 1.0% to $1.01B.

Where does this revenue breakdown data come from?

Every figure comes from Zkh's annual financial filings, as reported. Each line keeps the name Zkh gives it, and years follow its fiscal calendar.

How far back does Zkh's revenue breakdown go?

Zkh's revenue by product and service goes back to fiscal 2021, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.