ZTO Express reports significant Q2 2026 profit growth and market share expansion

ZTO Express (Cayman) Inc. reported strong financial results for the second quarter of 2026, highlighted by a 50.3% increase in adjusted net income to RMB3.1 billion. The company's revenue rose 23% year-over-year to RMB14,549.9 million (approximately US$2,144.4 million). During this period, the express delivery firm handled 10.5 billion parcels, expanding its market share to 19.9%.

In terms of investment activity, Pzena Investment Management LLC reduced its stake in ZTO Express by 1.9% during the second quarter, leaving the fund with 7,322,331 shares. Conversely, other institutional investors showed varying activity, with Smartleaf Asset Management LLC and Assetmark Inc. increasing their positions. Weiss Ratings recently downgraded the company's stock from a “buy (b-)” to a “hold (c+)” rating.