Zhihu (ZH) Assets (2019 - 2025)
Zhihu (ZH) posted Assets of $731.9 million for Q4 2025, down 5.29% sequentially from $772.8 million in Q3 2025, and down 8.3% YoY from $798.1 million in Q4 2024.
Zhihu (ZH) Assets (2019 - 2025) Analysis & Trends
Zhihu has reported Assets for 7 years, with the latest figure at $731.9 million in Q4 2025.
- Quarterly Assets fell 8.3% year-over-year to $731.9 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $731.9 million (down 8.3% YoY) and the FY2025 annual result came in at $742.3 million, down 5.49% from the prior year.
- Assets slipped to $731.9 million in Q4 2025 per ZH's latest filing, from $772.8 million in the prior quarter.
- Over five years, Assets peaked at $1.4 billion in Q4 2021 and troughed at $731.9 million in Q4 2025.
- A 5-year average of $1.0 billion and a median of $1.0 billion in 2023 frame the typical range for Assets.
- The sharpest annual moves came in 2021 and 2022: Assets soared 142.65% in 2021, then declined 21.83% in 2022.
- Over 5 years, Assets stood at $1.4 billion in 2021, then slipped by 21.83% to $1.1 billion in 2022, then dropped by 12.33% to $943.8 million in 2023, then retreated by 15.43% to $798.1 million in 2024, then declined by 8.3% to $731.9 million in 2025.
- According to Business Quant data, Assets over the past three periods registered $731.9 million, $772.8 million, and $802.2 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,165.61 Bn | 3,736.57 Bn | 73.85 Bn | 921.98 Bn |
| 2 | Meta Platforms | 1,523.46 Bn | 1,433.20 Bn | 49.47 Bn | 449.96 Bn |
| 3 | Taboola.com | 1,141.85 Bn | 1,141.71 Bn | 139.48 Mn | 1.55 Bn |
| 4 | Baidu | 288.34 Bn | 283.85 Bn | 1.88 Mn | 65.17 Bn |
| 5 | Spotify Technology | 103.44 Bn | 93.20 Bn | 1.75 Bn | 15.37 Bn |
| 6 | Joyy | 77.39 Bn | 76.50 Bn | 205.64 Mn | 7.55 Bn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 1.38 Mn |
| 8 | Nebius | 50.20 Bn | 40.57 Bn | 295.20 Mn | 22.30 Bn |
| 9 | 30.00 Bn | 27.22 Bn | 734.60 Mn | 3.64 Bn | |
| 10 | Zhihu | 795.74 Mn | 320.56 Mn | 49.31 Bn | 731.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 731.87 Mn |
| Sep 30, 2025 | 772.78 Mn |
| Jun 30, 2025 | 802.19 Mn |
| Mar 31, 2025 | 783.15 Mn |
| Dec 31, 2024 | 798.12 Mn |
| Sep 30, 2024 | 856.22 Mn |
| Jun 30, 2024 | 840.52 Mn |
| Mar 31, 2024 | 905.14 Mn |
| Dec 31, 2023 | 943.78 Mn |
| Sep 30, 2023 | 966.04 Mn |
| Jun 30, 2023 | 1.05 Bn |
| Mar 31, 2023 | 1.11 Bn |
| Dec 31, 2022 | 1.08 Bn |
| Sep 30, 2022 | 1.12 Bn |
| Jun 30, 2022 | 1.25 Bn |
| Mar 31, 2022 | 1.33 Bn |
| Dec 31, 2021 | 1.38 Bn |
| Sep 30, 2021 | 1.36 Bn |
| Jun 30, 2021 | 1.33 Bn |
| Mar 31, 2021 | 1.33 Bn |