Zeekr Group (NYSE: ZK) reported Q3 2025 results showing strong revenue growth and a significantly reduced net loss. Vehicle deliveries rose 12.5% year over year to 140,195 units, with Zeekr and Lynk & Co contributing 52,860 and 87,335 units respectively. Total revenue grew 9.1% to RMB31.56B ($4.43B), while gross profit jumped 37.1% to RMB6.05B. Vehicle margin improved to 15.6% but fell slightly from Q2. Despite higher marketing costs and continued investment in new models, Zeekr slashed its net loss to RMB307M, down 85% year over year. October deliveries surged 20.5% month over month, signaling strong momentum into Q4.
Zeekr Group posted a solid Q3 with record deliveries and a sharp reduction in losses. Revenue hit $4.43B, up 9.1% from last year, while gross margin expanded to 19.2%. Net loss narrowed by nearly 85% year over year as operational efficiency improved. Despite a quarter-over-quarter drop in vehicle margin, rising sales of new models and strong October deliveries suggest continued growth. However, marketing and R&D costs remain elevated as the company invests in scaling up. Overall, the results indicate a positive trend with improving fundamentals, though profitability remains a longer-term goal.
#Investor Takeaway
The significant reduction in net loss suggests improving financial health for Zeekr Group.
#Market Impact
The results indicate a positive trend in vehicle sales and growing revenue, supporting investor sentiment. Improved margins and decreased losses may enhance market confidence in the stock.
#What’s Next
Investors should monitor the next earnings report and any guidance updates from Zeekr Group regarding future performance.