Inferra AIResearch Tools

Inferra AI / Company / ZTO

Zto Express (Cayman) Inc.

ZTO · Industrials

Last earnings Aug 19, 2026

Key results

Adjusted net incomequarter

19.9%

htm EXHIBIT 99.1 Exhibit 99.1 ZTO Reports Second Quarter 2026 Unaudited Financial Results 10.5 Billion Parcels Expanded Market Share to 19.9% Adjusted Net Income Increased 50.3% to RMB3.1 Billion SHANGHAI, August 19, 2026 /PRNewswire/ - ZTO Express (Cayman) Inc.

SEC original ↗Zto Express (Cayman) Inc. — Earnings release (6-K exhibit)EX-99Aug 19, 2026

Adjusted net income increased 50.3% [2] to RMB3.1 billion.

SEC original ↗Zto Express (Cayman) Inc. — Earnings release (6-K exhibit)EX-99Aug 19, 2026

Revenuequarter

US$2,144.4 million

Second Quarter 2026 Financial Highlights · Revenues were RMB14,549.9 million (US$2,144.4 million), an increase of 23.0% from RMB11,831.8 million in the same period of 2025.

SEC original ↗Zto Express (Cayman) Inc. — Earnings release (6-K exhibit)EX-99Aug 19, 2026

Net incomequarter

US$453.6 million

· Net income was RMB3,077.6 million (US$453.6 million), an increase of 56.7% from RMB1,964.6 million in the same period of 2025.

SEC original ↗Zto Express (Cayman) Inc. — Earnings release (6-K exhibit)EX-99Aug 19, 2026

· Adjusted net income was RMB3,086.1 million (US$454.8 million), an increase of 50.3% from RMB2,052.7 million in the same period of 2025.

SEC original ↗Zto Express (Cayman) Inc. — Earnings release (6-K exhibit)EX-99Aug 19, 2026

Total revenuequarter

US$ 2,144.4 million

Total Revenues were RMB 14,549.9 million (US$ 2,144.4 million), increased 23.0% from RMB11,831.8 million in the same period of 2025.

SEC original ↗Zto Express (Cayman) Inc. — Earnings release (6-K exhibit)EX-99Aug 19, 2026

Revenue from the core express delivery business increased by 23.0% compared to the same period of 2025 as a result of a 6.5% growth in parcel volume and a 15.5% increase in parcel unit price.

SEC original ↗Zto Express (Cayman) Inc. — Earnings release (6-K exhibit)EX-99Aug 19, 2026

Revenue from freight forwarding services increased by 21.1% compared to the same period of 2025.

SEC original ↗Zto Express (Cayman) Inc. — Earnings release (6-K exhibit)EX-99Aug 19, 2026

AI analysis

Q2 2026 · reported Aug 19, 2026

Based on: Earnings release (6-K exhibit) + parent 6-K — transcript not held

Revenue · Q2 2026
US$2,144.4M
EX-99 · Aug 19, 2026
Net income · Q2 2026
US$453.6M
EX-99 · Aug 19, 2026
Total revenue · Q2 2026
US$ 2,144.4M
EX-99 · Aug 19, 2026

Headline figures

MetricQ2 2026Prior qtrYear ago
Adjusted net income19.9%——
RevenueUS$2,144.4 million——
Net incomeUS$453.6 million——
Total revenueUS$ 2,144.4 million——

EX-99 · Aug 19, 2026

Guidance · company-stated

No guidance located in the held release

Next earningsNo verified date on fileNo date is estimated or imported

Capital allocation

Shareholder Return Update As disclosed in March 2026, the Board has approved an enhanced return mechanism, pursuant to which the Company targets an aggregate annual shareholder return ratio of no less than 50% of its adjusted net income for the prior fiscal year, comprising both cash dividends and share repurchases.

As of the end of the second quarter, the Company had repurchased an aggregate of 31,788,692 Class A Ordinary Shares for US$740 million (including repurchase commissions) in 2026, equivalent to 52% of its adjusted net income for 2025.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

ZTO Reports Second Quarter 2026 Unaudited Financial Results 10.5 Billion Parcels Expanded Market Share to 19.9% Adjusted Net Income Increased 50.3% to RMB3.1 Billion

Based on: Earnings release (6-K exhibit) + parent 6-K — transcript not held

Guidance & outlook

No guidance located in the held release

Capital allocation

Shareholder Return Update As disclosed in March 2026, the Board has approved an enhanced return mechanism, pursuant to which the Company targets an aggregate annual shareholder return ratio of no less than 50% of its adjusted net income for the prior fiscal year, comprising both cash dividends and share repurchases.

SEC original ↗Zto Express (Cayman) Inc. — Earnings release (6-K exhibit)EX-99Aug 19, 2026

As of the end of the second quarter, the Company had repurchased an aggregate of 31,788,692 Class A Ordinary Shares for US$740 million (including repurchase commissions) in 2026, equivalent to 52% of its adjusted net income for 2025.

SEC original ↗Zto Express (Cayman) Inc. — Earnings release (6-K exhibit)EX-99Aug 19, 2026

As such, the Board did not recommend the distribution of an interim dividend for the first half of 2026.

SEC original ↗Zto Express (Cayman) Inc. — Earnings release (6-K exhibit)EX-99Aug 19, 2026

In March 2026, the Board also approved a new share repurchase program (the “New Program”), authorizing share repurchases of up to US$1.5 billion of its shares over a 24-month period, effective from March 20,2026 to March 20, 2028.

SEC original ↗Zto Express (Cayman) Inc. — Earnings release (6-K exhibit)EX-99Aug 19, 2026

As of the end of the second quarter of 2026, the Company had repurchased an aggregate of 6,161,216 ADSs for US$138 million (including repurchase commissions) under the New Program, leaving US$1.36 billion of capacity under the authorisation.

SEC original ↗Zto Express (Cayman) Inc. — Earnings release (6-K exhibit)EX-99Aug 19, 2026

Operating cash flow was RMB 4.6 billion, while capital expenditure totaled RMB 952 million.

SEC original ↗Zto Express (Cayman) Inc. — Earnings release (6-K exhibit)EX-99Aug 19, 2026

Strategy & priorities

Meisong Lai, Founder, Chairman and Chief Executive Officer of ZTO, commented, “In the second quarter of 2026, ZTO remained focused on elevating service quality and customer experience, improving operational efficiency, and fostering fair, transparent network policies.

SEC original ↗Zto Express (Cayman) Inc. — Earnings release (6-K exhibit)EX-99Aug 19, 2026

Lai added, “China’s express-delivery industry continued to benefit from regulatory guidance, with broad-based profit expansion marking a shift in priorities toward value-driven development alongside volume growth.

SEC original ↗Zto Express (Cayman) Inc. — Earnings release (6-K exhibit)EX-99Aug 19, 2026

Yan added, “ZTO’s long-standing profitable-growth strategy remains effective amid today’s subdued growth environment.

SEC original ↗Zto Express (Cayman) Inc. — Earnings release (6-K exhibit)EX-99Aug 19, 2026

Our steady market-share gains are bolstered by sustained government efforts against involution, as well as our ongoing focus on the stability of our unique franchise-partner network, which thrives on the equitable allocation of risks and rewards.

SEC original ↗Zto Express (Cayman) Inc. — Earnings release (6-K exhibit)EX-99Aug 19, 2026

Shareholders and prospective investors should be aware of the potential risks of investing in a company with a weighted voting rights structure.

SEC original ↗Zto Express (Cayman) Inc. — Earnings release (6-K exhibit)EX-99Aug 19, 2026

Risks & headwinds

Forward-looking statements involve inherent risks and uncertainties.

SEC original ↗Zto Express (Cayman) Inc. — Earnings release (6-K exhibit)EX-99Aug 19, 2026

Documents

Earnings deck slides

0 decks with slide view

Zto Express (Cayman) Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Zto Express (Cayman) Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Zto Express (Cayman) Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Zto Express (Cayman) Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Zto Express (Cayman) Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Zto Express (Cayman) Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Zto Express (Cayman) Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Zto Express (Cayman) Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Zto Express (Cayman) Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Zto Express (Cayman) Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Zto Express (Cayman) Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Zto Express (Cayman) Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Zto Express (Cayman) Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Zto Express (Cayman) Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Zto Express (Cayman) Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Zto Express (Cayman) Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Zto Express (Cayman) Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Zto Express (Cayman) Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Zto Express (Cayman) Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Zto Express (Cayman) Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Zto Express (Cayman) Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Zto Express (Cayman) Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Zto Express (Cayman) Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Zto Express (Cayman) Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Zto Express (Cayman) Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Zto Express (Cayman) Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Zto Express (Cayman) Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Zto Express (Cayman) Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Zto Express (Cayman) Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Zto Express (Cayman) Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Zto Express (Cayman) Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Zto Express (Cayman) Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Zto Express (Cayman) Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Zto Express (Cayman) Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

RELX (RELX) IndustrialsThomson Reuters (TRI) IndustrialsFedEx (FDX) IndustrialsVertiv (VRT) IndustrialsCanadian National Railway (CNI) IndustrialsAerCap Holdings (AER) IndustrialsCanadian Pacific Kansas City (CP) IndustrialsGeneral Dynamics (GD) Industrials

Filings

51 documents

Earnings releases

40 documents

Presentations

34 documents

Transcripts

0 documents

No transcripts for Zto Express (Cayman) Inc. are held in this edition of the library.

See also the earnings calendar for every tracked company’s next earnings date.