ZKH Group Limited (ZKH) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	9.4B	9.0B	8.8B	8.7B	8.3B
Cost of Revenue	7.9B	7.5B	7.3B	7.3B	7.0B
Gross Profit	1.6B	1.5B	1.5B	1.5B	1.3B
Operating Expenses
R&D Expense	148.8M	165.5M	169.5M	175.9M	240.5M
SG&A Expense	1.2B	1.2B	1.3B	1.2B	1.3B
General & Admin Expense	417.7M	576.3M	646.5M	535.5M	612.3M
Selling & Marketing Expense	436.5M	585.0M	641.5M	700.8M	683.2M
Other Expenses	255.7M	362.2M	391.7M	439.0M	467.4M
Total Operating Expenses	1.6B	1.7B	1.8B	1.9B	2.0B
Cost and Expenses	9.5B	9.2B	9.1B	9.1B	9.0B
Operating Income (EBIT)	(79.1M)	(213.3M)	(338.8M)	(398.7M)	(685.7M)
Non-Operating
Interest Income	41.3M	50.1M	64.2M	53.7M	14.6M
Interest Expense	11.3M	11.3M	19.0M	19.3M	94.2M
Net Interest Income	30.0M	38.7M	45.2M	34.4M	(79.6M)
Other Non-Op Income/Expense	78.0M	74.3M	71.7M	94.0M	(45.9M)
Non-Operating Income (excl Interest)	(62.7M)	(85.6M)	(90.7M)	(113.4M)	(48.3M)
EBT (Pre-Tax Income)	(1.0M)	(139.1M)	(267.0M)	(304.7M)	(731.6M)
Income Tax Expense	2.0M	689.0K	1.0M	195.0K	(471.0K)
Bottom Line
Net Income	(3.0M)	(139.7M)	(268.0M)	(304.3M)	(735.7M)
Earnings from Cont. Ops	(3.0M)	(139.7M)	(268.0M)	(304.9M)	(731.1M)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(3.0M)	(139.7M)	(268.0M)	(964.4M)	(1.2B)
Per Share
Basic EPS	$0.04	($0.84)	($61.25)	($1.84)	($8.05)
Diluted EPS	$0.04	($0.84)	($61.25)	($1.84)	($8.05)
Revenue Per Share	$58.70	$55.32	$1,871.01	$53.78	$54.91
Shares
Basic Shares Outstanding	160.7M	162.5M	4.7M	162.2M	151.4M
Diluted Shares Outstanding	160.8M	162.5M	4.7M	162.2M	151.4M
Profitability Metrics
EBITDA	(5.3M)	(79.3M)	(193.3M)	(211.9M)	(561.3M)
D&A	11.1M	48.4M	54.8M	73.5M	76.1M
EBIT	(16.4M)	(127.7M)	(248.0M)	(285.4M)	(637.4M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026