ZTO Express Q2 Earnings & Revenues Increase Year Over Year

ZTO Express reported second-quarter 2026 results showing year-over-year improvement. Earnings rose to 56 cents per share, and total revenues climbed to $2.14 billion. In a statement, CEO Meisong Lai said ZTO handled 10.5 billion parcels in Q2, up 6.5% from a year earlier and 2.3 percentage points ahead of the industry average. Adjusted net income reached RMB 3.1 billion. Core express delivery revenues increased 23% on parcel volume growth of 6.5% and a 15.5% rise in unit prices. Gross profit rose 26.8% and the gross margin improved to 25.7% from 24.9%. ZTO also exited Q1 2026 with $1.65 billion cash, and its board approved a $1.5 billion share repurchase program effective March 20, 2026 to March 20, 2028.