ZKH swings to Q2 FY26 profit of RMB 26.69 million; net revenue rises 12.8% to RMB 2.44 billion

• ZKH Group posted Q2 2026 net profit of RMB 26.69 million, swinging from a net loss a year earlier.
• Net revenues rose 12.8% to RMB 2.44 billion; GMV climbed 18.9% to RMB 2.88 billion.
• Operating income was RMB 4 million, versus an operating loss in the prior-year quarter; gross margin widened 1.1 percentage points to 17.6%.
• Non-GAAP EBITDA was RMB 41.86 million, swinging from negative a year earlier; non-GAAP adjusted net profit was RMB 38.46 million.

Management flagged faster growth in core verticals, deeper AI adoption, and expectations for further acceleration in the second half of 2026.