ZKH Group Limited·Consumer Cyclical

ZKH Group Limited (ZKH) Q1 2026 Earnings Call Transcript

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.

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.

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.

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 (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 develops and operates a maintenance, repair, and operating (MRO) products trading and service platform that offers spare parts, chemicals, manufacturing parts, general consumables, and office supplies in the People's Republic of China. The company provides MRO procurement and management services; digitalized MRO procurement solutions; and logistics and warehousing services. It also engages in the production and sale of intelligent warehousing equipment. ZKH Group Limited was founded in 1998 and is based in Shanghai, the People's Republic of China.
Consumer Cyclical
Specialty Retail
3,476
2023-12-15
0.48