ZKH (ADR) (ZKH)
Connects industrial buyers with MRO products through the ZKH and GBB procurement platforms.
ZKH Group Limited (ZKH) Q2 2026 Earnings Call Transcript
ZKH Group Limited (ZKH) Q2 2026 Earnings Call Transcript

ZKH Group Q2 Earnings Call Highlights
ZKH Group NYSE: ZKH said second-quarter growth accelerated as demand from small and medium-sized enterprise customers, state-owned enterprises and several industrial sectors increased, while operating leverage helped the company post its first quarterly operating profit.

ZKH Group Limited Announces Second Quarter 2026 Unaudited Financial Results
SHANGHAI, Aug. 21, 2026 /PRNewswire/ -- ZKH Group Limited ("ZKH" or the "Company") (NYSE: ZKH), a leading maintenance, repair, and operations ("MRO") procurement service platform in China, today announced its unaudited financial results for the second quarter ended June 30, 2026. Second Quarter 2026 Operational and Financial Highlights Second Quarter 2025 2026 Change (in thousand RMB, except for number of customers, percentage and basis points("bps")) GMV [1] 2,420,233 2,877,545 18.9 % GMV by Platform ZKH Platform 2,144,362 2,635,045 22.9 % GBB Platform 275,871 242,500 -12.1 % GMV by Business Model Product Sales (1P) 2,133,895 2,446,015 14.6 % Marketplace (3P)[2] 286,338 431,529 50.7 % Number of Customers [3] 74,854 73,547 -1.7 % Net Revenues 2,166,774 2,443,750 12.8 % Gross Profit 356,987 429,574 20.3 % % of Net Revenues 16.5 % 17.6 % 110.3bps Operating (Loss)/Profit (71,957) 4,001 - % of Net Revenues -3.3 % 0.2 % 348.5bps Non-GAAP EBITDA [4] (38,663) 41,857 - % of Net Revenues -1.8 % 1.7 % 349.7bps Net (Loss)/Profit (53,509) 26,687 - % of Net Revenues -2.5 % 1.1 % 356.2bps Non-GAAP Adjusted Net (Loss)/Profit [5] (36,533) 38,461 - % of Net Revenues -1.7 % 1.6 % 326.0bps Mr.

ZKH Group Limited to Announce Second Quarter 2026 Financial Results on Friday, August 21, 2026
SHANGHAI, Aug. 6, 2026 /PRNewswire/ -- ZKH Group Limited ("ZKH" or the "Company") (NYSE: ZKH), a leading maintenance, repair and operations ("MRO") procurement service platform in China, today announced that it will release its unaudited financial results for the second quarter 2026, on Friday, August 21, 2026, before the open of the U.S. markets. The Company's management will hold an earnings conference call on Friday, August 21, 2026 at 7:00 A.M.

ZKH Group Limited (ZKH) Q1 2026 Earnings Call Transcript
ZKH Group Limited (ZKH) Q1 2026 Earnings Call Transcript
ZKH Group Q1 Earnings Call Highlights
ZKH Group NYSE: ZKH said its first-quarter 2026 results showed accelerating growth and improved profitability, with management pointing to stronger customer activity, efficiency gains and continued investment in artificial intelligence and fulfillment capabilities.
ZKH Group Limited Announces First Quarter 2026 Unaudited Financial Results
SHANGHAI, May 21, 2026 /PRNewswire/ -- ZKH Group Limited ("ZKH" or the "Company") (NYSE: ZKH), a leading maintenance, repair, and operations ("MRO") procurement service platform in China, today announced its unaudited financial results for the first quarter ended March 31, 2026. First Quarter 2026 Operational and Financial Highlights First Quarter 2025 2026 Change (in thousand RMB, except for number of customers, percentage and basis points("bps")) GMV[1] 2,171,997 2,452,783 12.9 % GMV by Platform ZKH Platform 1,966,210 2,183,957 11.1 % GBB Platform 205,787 268,826 30.6 % GMV by Business Model Product Sales (1P) 1,901,196 2,132,441 12.2 % Marketplace (3P)[2] 270,800 320,342 18.3 % Number of Customers[3] 60,102 66,742 11.0 % Net Revenues 1,935,372 2,113,819 9.2 % Gross Profit 332,118 354,027 6.6 % % of Net Revenues 17.2 % 16.7 % -41.2bps Operating Loss (80,813) (22,497) -72.2 % % of Net Revenues -4.2 % -1.1 % 311.1bps Non-GAAP EBITDA[4] (51,959) 4,237 - % of Net Revenues -2.7 % 0.2 % 288.5bps Net (Loss)/Profit (66,723) (10,103) -84.9 % % of Net Revenues -3.4 % -0.5 % 297.0bps Non-GAAP Adjusted Net (Loss)/Profit[5] (50,176) 1,690 - % of Net Revenues -2.6 % 0.1 % 267.3bps Mr.
ZKH Group Limited to Announce First Quarter 2026 Financial Results on Thursday, May 21, 2026
SHANGHAI, May 7, 2026 /PRNewswire/ -- ZKH Group Limited ("ZKH" or the "Company") (NYSE: ZKH), a leading maintenance, repair and operations ("MRO") procurement service platform in China, today announced that it will release its unaudited financial results for the first quarter 2026, on Thursday, May 21, 2026, before the open of the U.S. markets. The Company's management will hold an earnings conference call on Thursday, May 21, 2026 at 7:00 A.M.
ZKH Group Limited Files Its 2025 Annual Report on Form 20-F
SHANGHAI, April 24, 2026 /PRNewswire/ -- ZKH Group Limited ("ZKH" or the "Company") (NYSE: ZKH), a leading maintenance, repair and operations ("MRO") procurement service platform in China, announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2025 with the U.S. Securities and Exchange Commission ("SEC") on April 24, 2026. The annual report in electronic format is accessible on the Company's investor relations website at https://ir.zkh.com as well as on the SEC's website at www.sec.gov.
ZKH Group Q4 Earnings Call Highlights
ZKH Group (NYSE: ZKH) used its fiscal fourth-quarter and full-year 2025 earnings call to highlight improving momentum in the back half of the year, a return to quarterly profitability, and continued investment in product breadth, fulfillment infrastructure, and AI-driven efficiency. Second-half rebound and return to profitability Founder, Chairman, and CEO Eric Chen said 2025 was marked
ZKH Group Limited (ZKH) Q4 2025 Earnings Call Transcript
ZKH Group Limited (ZKH) Q4 2025 Earnings Call Transcript
ZKH Group Limited Announces Fourth Quarter and Fiscal Year 2025 Unaudited Financial Results
SHANGHAI, March 19, 2026 /PRNewswire/ -- ZKH Group Limited ("ZKH" or the "Company") (NYSE: ZKH), a leading maintenance, repair, and operations ("MRO") procurement service platform in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2025. Fourth Quarter and Fiscal Year 2025 Operational and Financial Highlights Fourth Quarter Fiscal Year 2024 2025 Change 2024 2025 Change (in thousand RMB, except for number of customers, percentage and basis points("bps")) GMV [1] 2,690,311 2,918,297 8.5 % 10,479,461 10,133,428 -3.3 % GMV by Platform ZKH Platform 2,435,037 2,638,242 8.3 % 9,475,550 9,103,399 -3.9 % GBB Platform 255,274 280,055 9.7 % 1,003,911 1,030,029 2.6 % GMV by Business Model Product Sales (1P) 2,324,005 2,499,633 7.6 % 8,530,328 8,828,963 3.5 % Marketplace (3P) [2] 366,306 418,664 14.3 % 1,949,133 1,304,465 -33.1 % Number of Customers [3] 46,192 73,803 59.8 % 83,958 155,829 85.6 % Net Revenues 2,370,223 2,557,238 7.9 % 8,761,318 8,987,738 2.6 % Gross Profit 404,998 396,380 -2.1 % 1,510,471 1,475,662 -2.3 % % of Net Revenues 17.1 % 15.5 % -158.7bps 17.2 % 16.4 % -82.2bps Operating Loss (32,589) (28,229) -13.4 % (338,770) (213,337) -37.0 % % of Net Revenues -1.4 % -1.1 % 27.1bps -3.9 % -2.4 % 149.3bps Non-GAAP EBITDA [4] (13,330) 19,725 - (193,258) (79,347) -58.9 % % of Net Revenues -0.6 % 0.8 % 133.4bps -2.2 % -0.9 % 132.3bps Net (Loss)/Profit (29,102) 4,797 - (268,043) (139,742) -47.9 % % of Net Revenues -1.2 % 0.2 % 141.5bps -3.1 % -1.6 % 150.5bps Non-GAAP Adjusted Net (Loss)/Profit [5] (15,033) 14,860 - (159,527) (85,923) -46.1 % % of Net Revenues -0.6 % 0.6 % 121.5bps -1.8 % -1.0 % 86.5bps Mr.
ZKH Group Limited to Announce Fourth Quarter and Fiscal Year 2025 Financial Results on Thursday, March 19, 2026
SHANGHAI, March 5, 2026 /PRNewswire/ -- ZKH Group Limited ("ZKH" or the "Company") (NYSE: ZKH), a leading maintenance, repair and operations ("MRO") procurement service platform in China, today announced that it will release its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2025, on Thursday, March 19, 2026, before the open of the U.S. markets. The Company's management will hold an earnings conference call on Thursday, March 19, 2026 at 8:00 A.M.
ZKH Group (NYSE:ZKH) Sees Large Volume Increase – Should You Buy?
ZKH Group Limited Unsponsored ADR (NYSE: ZKH - Get Free Report) saw strong trading volume on Friday. 86,018 shares changed hands during mid-day trading, a decline of 8% from the previous session's volume of 93,746 shares.The stock last traded at $3.8850 and had previously closed at $3.62. Wall Street Analyst Weigh In Separately, Weiss Ratings
ZKH Group (NYSE:ZKH) Reaches New 12-Month High – Here’s What Happened
ZKH Group Limited Unsponsored ADR (NYSE: ZKH - Get Free Report)'s share price hit a new 52-week high on Saturday. The stock traded as high as $3.90 and last traded at $3.6850, with a volume of 233478 shares traded. The stock had previously closed at $3.62. Analyst Ratings Changes Separately, Weiss Ratings reaffirmed a "sell
ZKH Group Limited (ZKH) Q3 2025 Earnings Call Transcript
ZKH Group Limited ( ZKH ) Q3 2025 Earnings Call November 20, 2025 7:00 AM EST Company Participants Jin Li - Head of Investor Relations Long Chen - Founder, CEO & Chairman of the Board of Directors Chun Chiu Lai - Chief Financial Officer Conference Call Participants Xiaodan Zhang - China International Capital Corporation Limited, Research Division Leo Chiang - Deutsche Bank AG, Research Division Ruchen Tang Presentation Operator Ladies and gentlemen, good day, and welcome to ZKH Group Limited Third Quarter 2025 Earnings Conference Call. Today's conference is being recorded.
ZKH Group Limited Announces Third Quarter 2025 Unaudited Financial Results
SHANGHAI , Nov. 20, 2025 /PRNewswire/ -- ZKH Group Limited ("ZKH" or the "Company") (NYSE: ZKH), a leading maintenance, repair and operations ("MRO") procurement service platform in China, today announced its unaudited financial results for the third quarter ended September 30, 2025. Third Quarter 2025 Operational and Financial Highlights in thousand RMB, except for number of customers, percentage and basis points ("bps") Third Quarter 2024 2025 Change GMV[1] 2,685,996 2,622,901 -2.3 % GMV by Platform ZKH Platform 2,422,649 2,354,585 -2.8 % GBB Platform 263,347 268,316 1.9 % GMV by Business Model Product Sales (1P) 2,228,234 2,294,239 3.0 % Marketplace (3P)[2] 457,762 328,662 -28.2 % Number of Customers[3] 47,800 70,800 48.0 % Net Revenues 2,280,690 2,328,354 2.1 % Gross Profit 388,406 390,177 0.5 % % of Net Revenues 17.0 % 16.8 % -27.3bps Operating Loss (105,355) (32,338) -69.3 % % of Net Revenues -4.6 % -1.4 % 323.1bps Non-GAAP EBITDA[4] (62,812) (8,450) -86.5 % % of Net Revenues -2.8 % -0.4 % 239.1bps Net Loss (81,751) (24,307) -70.3 % % of Net Revenues -3.6 % -1.0 % 254.1bps Non-GAAP Adjusted Net Loss[5] (66,178) (14,074) -78.7 % % of Net Revenues -2.9 % -0.6 % 229.7bps Mr.
ZKH Group Limited to Announce Third Quarter 2025 Financial Results on Thursday, November 20, 2025
SHANGHAI , Nov. 10, 2025 /PRNewswire/ -- ZKH Group Limited ("ZKH" or the "Company") (NYSE: ZKH), a leading maintenance, repair and operations ("MRO") procurement service platform in China, today announced that it will release its unaudited financial results for the third quarter of 2025, on Thursday, November 20 , 2025, before the open of the U.S. markets. The Company's management will hold an earnings conference call on Thursday, November 20 , 2025 at 7:00 A.M.
ZKH Group Limited Announces Second Quarter 2025 Unaudited Financial Results
SHANGHAI , Aug. 22, 2025 /PRNewswire/ -- ZKH Group Limited ("ZKH" or the "Company") (NYSE: ZKH), a leading maintenance, repair and operations ("MRO") procurement service platform in China, today announced its unaudited financial results for the second quarter ended June 30, 2025. Second Quarter 2025 Operational and Financial Highlights in thousand RMB, except for number of customers,percentage and basis points ("bps") Second Quarter 2024 2025 Change GMV[1] 2,754,591 2,420,233 -12.1 % GMV by Platform ZKH Platform 2,479,915 2,144,362 -13.5 % GBB Platform 274,676 275,871 0.4 % GMV by Business Model Product Sales (1P) 2,185,351 2,133,895 -2.4 % Marketplace (3P)[2] 569,240 286,338 -49.7 % Number of Customers[3] 48,766 74,854 53.5 % ZKH Platform 34,360 37,271 8.5 % GBB Platform 14,406 37,583 160.9 % Net Revenues 2,249,996 2,166,774 -3.7 % Gross Profit 382,991 356,987 -6.8 % % of Net Revenues 17.0 % 16.5 % -54.6bps Operating Loss (71,213) (71,957) 1.0 % % of Net Revenues -3.2 % -3.3 % -15.6bps Non-GAAP EBITDA[4] (47,068) (38,663) -17.9 % % of Net Revenues -2.1 % -1.8 % 30.8bps Net Loss (66,289) (53,509) -19.3 % % of Net Revenues -2.9 % -2.5 % 47.7bps Non-GAAP Adjusted Net Loss[5] (34,857) (36,533) 4.8 % % of Net Revenues -1.5 % -1.7 % -13.7bps Mr.
ZKH Group Limited to Announce Second Quarter 2025 Financial Results on Friday, August 22, 2025
SHANGHAI , Aug. 8, 2025 /PRNewswire/ -- ZKH Group Limited ("ZKH" or the "Company") (NYSE: ZKH), a leading maintenance, repair and operations ("MRO") procurement service platform in China, today announced that it will release its unaudited financial results for the second quarter of 2025, on Friday, August 22, 2025, before the open of the U.S. markets. The Company's management will hold an earnings conference call on Friday, August 22, 2025 at 8:00 A.M.
