ZTO Express reported second-quarter 2026 earnings of 56 cents per share, up from the year-ago quarter, with total revenues of $2.14 billion also improving year over year. The company handled 10.5 billion parcels, a 6.5% increase that outpaced the industry average by 2.3 percentage points, and adjusted net income reached RMB 3.1 billion. Core express delivery revenues rose 23% on a 6.5% parcel volume increase and a 15.5% rise in parcel unit price, while gross margin improved to 25.7% from 24.9%. ZTO also updated its 2026 parcel volume guidance to a range of 40.8 billion to 42.4 billion, down from the prior 42.37 billion to 43.52 billion, and repurchased 6,161,216 ADSs for $138 million under its new $1.5 billion buyback program.
Zto Express Cayman IncQ2 earnings and revenues increased year over year, with adjusted net income up and gross margin improved.
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