Zhihu (ZH) Assets (2019 - 2025)
Zhihu's (ZH) quarterly Assets came in at $731.9 million in Q4 2025, down 8.3% year-on-year from $798.1 million in Q4 2024, and down 5.29% quarter-over-quarter from $772.8 million in Q3 2025.
Zhihu (ZH) Assets (2019 - 2025) Analysis & Trends
Zhihu has disclosed Assets across 7 years of filings, most recently posting $731.9 million for Q4 2025.
- Assets for Q4 2025 came in at $731.9 million, down 8.3% year-over-year; the trailing twelve-month figure through Dec 2025 was $731.9 million (down 8.3% YoY), and the FY2025 annual result was $742.3 million, down 5.49% from the prior year.
- Assets came in at $731.9 million for Q4 2025 at Zhihu, down from $772.8 million in the prior quarter.
- In the past five years, Assets ranged from a high of $1.4 billion in Q4 2021 to a low of $731.9 million in Q4 2025.
- The 5-year median for Assets is $1.0 billion (2023), against an average of $1.0 billion.
- Across the five-year window, Assets jumped 142.65% in 2021 and slipped 21.83% in 2022, its largest moves.
- Zhihu's Assets stood at $1.4 billion in 2021, then retreated by 21.83% to $1.1 billion in 2022, then decreased by 12.33% to $943.8 million in 2023, then declined by 15.43% to $798.1 million in 2024, then slipped by 8.3% to $731.9 million in 2025.
- The last three Assets figures came in at $731.9 million (Q4 2025), $772.8 million (Q3 2025), and $802.2 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn | 22.30 Bn |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn | 703.92 Bn |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn | 395.25 Bn |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn | 15.37 Bn |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 3.48 Bn | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | 4.65 Bn | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn | 3.72 Bn |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn | 7.50 Bn |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn | 5.23 Bn |
| 10 | Zhihu | 105.93 Mn | -359.25 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 |