LZ Technology Holdings Limited Class B (LZMH) Income Statement
LZMH 2025 at a glance
Fiscal year ended December 31, 2025 · Chinese yuanLZMH revenue and net income
Where LZMH's revenue goes
2025Each bar shows an amount and its share of revenue. LZMH kept −15.4% of revenue as net income.
LZMH profit margins
LZMH growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +37.2% | — | — | — |
| Gross profit | +8.1% | — | — | — |
| Operating income | −4,954.1% | — | — | — |
| Net income | −3,230.2% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
LZMH income statement in Chinese yuan
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Revenue | CN¥1.13B | CN¥822.8M | CN¥568.9M |
| Cost of revenue | CN¥1.09B | CN¥788.4M | CN¥537.6M |
| Gross profit | CN¥37.2M | CN¥34.4M | CN¥31.3M |
| Research & development | CN¥56.3M | CN¥4.5M | CN¥5.5M |
| Sales, general & admin | CN¥157.0M | CN¥26.4M | CN¥32.2M |
| Total operating expenses | CN¥213.3M | CN¥30.8M | CN¥37.7M |
| Operating income | −CN¥176.0M | CN¥3.6M | −CN¥6.4M |
| Interest expense | CN¥1.3M | CN¥764,000 | CN¥408,000 |
| Income before taxes | −CN¥172.8M | CN¥4.8M | −CN¥4.0M |
| Income taxes | CN¥510,000 | −CN¥972,000 | CN¥2.4M |
| Net income | −CN¥173.5M | CN¥5.5M | −CN¥6.2M |
| EBITDA | −CN¥161.9M | CN¥14.3M | CN¥6.5M |
| Gross margin | 3.3% | 4.2% | 5.5% |
| Operating margin | −15.6% | 0.4% | −1.1% |
| Net margin | −15.4% | 0.7% | −1.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in Chinese yuan as reported in LZMH's financial statements (latest annual report filed April 28, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
LZMH financial results
In fiscal year 2025 (ended December 31, 2025), LZ Technology reported revenue of CN¥1.1 billion, up 37.2% from the year before. It had a net loss of CN¥173.5 million, a net profit margin of −15.4%. Figures are in Chinese yuan, the currency of its financial statements.
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LZMH income statement FAQ
What is LZ Technology's annual revenue?
LZ Technology reported total revenue of CN¥1.1 billion for fiscal year 2025, which ended on December 31, 2025. That was up 37.2% from CN¥822.8 million the previous year.
Is LZ Technology profitable?
No. LZ Technology reported a net loss of CN¥173.5 million in fiscal 2025, a net profit margin of −15.4%; its operating margin was −15.6%.
What is LZ Technology's gross margin?
LZ Technology's gross margin was 3.3% in fiscal 2025: for every $100 of revenue, LZ Technology kept $3 after the direct cost of its products and services.
How much does LZ Technology spend on research and development?
LZ Technology spent CN¥56.3 million on research and development in fiscal 2025, 5.0% of revenue.
When does LZ Technology's fiscal year end?
LZ Technology's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 28, 2026.