The table below shows ZTO Express (Cayman) Inc.'s income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$7.02B
$6.07B
$5.41B
$5.13B
$4.77B
$3.86B
Cost of revenue
$5.27B
$4.19B
$3.77B
$3.82B
$3.74B
$2.97B
Gross profit
$1.75B
$1.88B
$1.64B
$1.31B
$1.03B
$894.58M
R&D
-
-
-
-
-
-
SG&A
ZTO annual revenue (10-K history)
ZTO Express (Cayman) Inc. reported annual revenue of $7.02B for fiscal year 2025. That is up 15.7% from $6.07B in fiscal 2024. Over the 10 fiscal years shown, annual revenue grew from $1.41B (FY 2016) to $7.02B. Figures come from the company's audited annual reports as filed with the SEC.