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ZKH Group (NYSE:ZKH) Turns Quarterly Profit As Loss Reduction Narrative Faces New Test
ZKH Group (NYSE:ZKH) reported a quarterly profit in Q4 2025, with basic EPS of C¥0.03, even as its trailing twelve-month net loss stood at C¥139.7 million. This shift from quarterly losses to profit is seen by some as a turnaround, with net income moving from a C¥66.7 million loss in Q1 to a C¥4.8 million profit in Q4 of FY 2025. The company’s revenue growth of 11.9% annually surpasses the US market benchmark of 10.5%, but the persistent trailing twelve-month loss means profitability remains a key concern for investors.