ZKH Group Limited (ZKH) Income Statement
ZKH FY2026 at a glance
Fiscal year ended September 30, 2026 · U.S. dollarsZKH revenue and net income
Where ZKH's revenue goes
FY2026Each bar shows an amount and its share of revenue. ZKH kept −1.6% of revenue as net income.
ZKH profit margins
ZKH growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +2.6% | — | — | — |
| Gross profit | −2.3% | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
ZKH quarterly EPS vs estimates
ZKH beat the analyst EPS estimate in 1 of the last 1 quarters. Next report: November 19, 2026.
ZKH income statement
| FY2026 | FY2025 | |
|---|---|---|
| Revenue | $8.99B | $8.76B |
| Cost of revenue | $7.51B | $7.25B |
| Gross profit | $1.48B | $1.51B |
| Research & development | $165.5M | $169.5M |
| Sales, general & admin | $1.16B | $1.29B |
| Total operating expenses | $1.69B | $1.85B |
| Operating income | −$213.3M | −$338.8M |
| Interest income | — | $38.7M |
| Interest expense | $11.3M | $19.0M |
| Income before taxes | −$139.1M | −$267.0M |
| Income taxes | $689,000 | $1.0M |
| Net income | −$139.7M | −$268.0M |
| EBITDA | −$79.3M | −$193.3M |
| EPS (diluted) | $0.02 | −$0.64 |
| Gross margin | 16.4% | 17.2% |
| Operating margin | −2.4% | −3.9% |
| Net margin | −1.6% | −3.1% |
| Dec '25 | |
|---|---|
| Revenue | $2.52B |
| Cost of revenue | $2.13B |
| Gross profit | $390.9M |
| Research & development | $43.5M |
| Sales, general & admin | $292.9M |
| Total operating expenses | $418.7M |
| Operating income | −$27.8M |
| Interest income | $8.8M |
| Interest expense | $2.6M |
| Income before taxes | $5.2M |
| Income taxes | $480,272 |
| Net income | $4.7M |
| EBITDA | −$27.8M |
| EPS (diluted) | $0.00 |
| Gross margin | 15.5% |
| Operating margin | −1.1% |
| Net margin | 0.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in ZKH's financial statements (latest annual report filed April 24, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
ZKH financial results
In fiscal year 2026 (ended September 30, 2026), ZKH reported revenue of $9.0 billion, up 2.6% from the year before. It had a net loss of $139.7 million, a net profit margin of −1.6%. Diluted earnings per share came to $0.02.
See the ZKH stock overview for the latest quote and news, or the ZKH chart for price history and technical indicators.
ZKH income statement FAQ
What is ZKH's annual revenue?
ZKH reported total revenue of $9.0 billion for fiscal year 2026, which ended on September 30, 2026. That was up 2.6% from $8.8 billion the previous year.
Is ZKH profitable?
No. ZKH reported a net loss of $139.7 million in fiscal 2026, a net profit margin of −1.6%; its operating margin was −2.4%.
What is ZKH's gross margin?
ZKH's gross margin was 16.4% in fiscal 2026: for every $100 of revenue, ZKH kept $16 after the direct cost of its products and services.
How much does ZKH spend on research and development?
ZKH spent $165.5 million on research and development in fiscal 2026, 1.8% of revenue.
What are ZKH's earnings per share?
ZKH earned $0.02 per diluted share in fiscal 2026, compared with $-0.64 a year earlier.
When will ZKH report its next earnings?
ZKH is expected to report results for the quarter ending September 30, 2026 on November 19, 2026 before the market opens.
When does ZKH's fiscal year end?
ZKH's fiscal year ends in September. The latest annual report covers the year ended September 30, 2026 and was filed on April 24, 2026.