- ZKH published an unaudited earnings release for the fourth quarter and fiscal year ended Dec. 31, 2025.
- Q4 net revenues rose 7.9% to RMB2.56 billion, while GMV increased 8.5% to RMB2.92 billion.
- Q4 net profit was RMB4,797, and non-GAAP EBITDA was RMB19,725.
- FY net revenues rose 2.6% to RMB8.99 billion, while FY GMV fell to RMB10.13 billion.
- FY net loss was RMB139.74 million, and gross margin was 16.4% versus 17.2% in 2024, mainly due to a lower revenue contribution from the marketplace model.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ZKH Group Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202603190600PR_NEWS_USPR_____CN14326) on March 19, 2026, and is solely responsible for the information contained therein.