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BZUN: financial statements from SEC — TradeAlmanac

BZUN

Baozun Inc.: financial statements

Company reports as filed with the U.S. Securities and Exchange Commission.

AnnualQuarterly

Income statement

Metric	31/12/2025	31/12/2024	31/12/2023	31/12/2022
Revenue	9.95B	9.42B	8.81B	8.40B
Cost of revenue	2.58B	2.47B	2.41B	2.26B
Selling, general and administrative	752M	719M	856M	371M
Operating expenses	9.89B	1.31B	9.02B	8.37B
Operating income	57M	−115M	−206M	33M
Pre-tax income	−201M	−93M	−217M	−580M
Income tax	10M	3M	12M	26M
Net income	−242M	−185M	−278M	−653M
Earnings per share	−1.40	−0.14	−1.56	−3.56
Earnings per share, diluted	−1.40	−0.14	−1.56	−3.56

Balance sheet

Metric	19/08/2026	18/08/2026	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021
Cash and equivalents	—	—	907M	1.29B	2.15B	2.14B	4.70B
Short-term investments	—	—	1.75B

Cash flow

Metric	31/12/2025	31/12/2024	31/12/2023	31/12/2022
Operating cash flow	420M	101M	448M	383M
Depreciation and amortisation	222M	245M	252M	197M
Share-based compensation	20M	10M	103M	142M
Capital expenditure

Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator