ZKH Group annual operating expenses
2021
2022
2023
2024
2025
ZKH Group Operating Expenses Growth & History (ZKH)
ZKH Group's operating expenses was ¥1.69B for fiscal 2025.
View full ZKH Group company overviewZKH Group annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | ¥1.69B | −¥160.2M | −8.67% |
| 2024 | 2024-12-31 | ¥1.85B | −¥1.9M | −0.10% |
| 2023 | 2023-12-31 | ¥1.85B | −¥152.2M | −7.60% |
| 2022 | 2022-12-31 | ¥2.00B | −¥146.8M | −6.83% |
| 2021 | 2021-12-31 | ¥2.15B | — | — |
ZKH Group quarterly operating expenses
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | ¥425.6M | −¥3.4M | −0.79% |
| Q1 2026 | 2026-03-31 | ¥376.5M | −¥36.4M | −8.82% |
| Q4 2025 | 2025-12-31 | ¥424.6M | — | — |
| Q3 2025 | 2025-09-30 | ¥422.5M | — | — |
| Q2 2025 | 2025-06-30 | ¥428.9M | — | — |
| Q1 2025 | 2025-03-31 | ¥412.9M | — | — |
ZKH Group operating expenses trends
Between the periods ended 2021-12-31 and 2025-12-31, ZKH Group's operating expenses decreased from ¥2.15B to ¥1.69B, a change of −¥461.2M. The latest reported quarter, Q2 2026, shows ¥425.6M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review ZKH Group source filings ↗