ZKH Group Ltd revenue

ZKH Group Ltd's revenue was $1.25bn in fiscal 2025, up 2.7% on the year before. Since fiscal 2021 ($1.19bn) it has grown at a compound 1.3% a year.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

ZKH Group Ltd: revenue history, annual
Fiscal year	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	1,187	1,238	1,232	1,218	1,251
Growth on the year before	—	+4.3%	−0.5%	−1.2%	+2.7%
Gross profit	161	196	205	210	205
Gross margin	13.6%	15.8%	16.7%	17.2%	16.4%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Revenue against peers

Broadline Retail: the closest covered companies by revenue. Last twelve months.

Company	Revenue	Growth	3-year growth a year
ZKH Group Ltd	$1.25bn	2.7%	—
Revolve Group, Inc.	$1.31bn	10.8%	6.6%
Baozun Inc.	$1.38bn	5.7%	77.5%
Ollie's Bargain Outlet Holdings, Inc.	$2.79bn	14.4%	12.9%
Etsy Inc	$3.01bn	10.8%	3.5%
Dillard's, Inc.	$6.60bn	0.2%	-1.7%

Compare with peers

Head to head: RVLV vs ZKH BZUN vs ZKH OLLI vs ZKH

More: Broadline Retail stocks compared, Consumer Discretionary sector, rankings of US companies

Figures from ZKH Group Ltd's SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to ZKH Group Ltd.