Zhihu (ZH) Cash & Current Investments (2019 - 2025)

Zhihu's (ZH) quarterly Cash & Current Investments came in at $475.2 million in Q4 2025, down 24.78% year-on-year from $631.8 million in Q4 2024, and up 23.87% quarter-over-quarter from $383.6 million in Q3 2025.

Zhihu (ZH) Cash & Current Investments (2019 - 2025) Analysis & Trends

Zhihu has disclosed Cash & Current Investments across 7 years of filings, most recently posting $475.2 million for Q4 2025.

  • Cash & Current Investments for Q4 2025 came in at $475.2 million, down 24.78% year-over-year; the trailing twelve-month figure through Dec 2025 was $475.2 million (down 24.78% YoY), and the FY2025 annual result was $475.2 million, down 13.29% from the prior year.
  • Cash & Current Investments came in at $475.2 million for Q4 2025 at Zhihu, up from $383.6 million in the prior quarter.
  • In the past five years, Cash & Current Investments ranged from a high of $1.1 billion in Q1 2021 to a low of $292.6 million in Q4 2023.
  • The 5-year median for Cash & Current Investments is $465.4 million (2025), against an average of $546.8 million.
  • Peak annual rise in Cash & Current Investments reached 135.67% in 2022, while the deepest fall reached 61.82% in 2022.
  • Zhihu's Cash & Current Investments stood at $687.7 million in 2021, then rose by 8.63% to $747.0 million in 2022, then tumbled by 60.83% to $292.6 million in 2023, then jumped by 115.92% to $631.8 million in 2024, then decreased by 24.78% to $475.2 million in 2025.
  • The last three Cash & Current Investments figures came in at $475.2 million (Q4 2025), $383.6 million (Q3 2025), and $446.6 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cash & Current Investments (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn -
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn 215.62 Bn
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn 81.18 Bn
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn 10.24 Bn
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 2.77 Bn
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn 1.30 Bn
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn 2.10 Bn
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn 2.82 Bn
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn 783.00 Mn
10 Zhihu 105.93 Mn -359.25 Mn 49.31 Bn 475.18 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 475.18 Mn
Sep 30, 2025 383.61 Mn
Jun 30, 2025 446.63 Mn
Mar 31, 2025 446.60 Mn
Dec 31, 2024 631.76 Mn
Sep 30, 2024 455.68 Mn
Jun 30, 2024 441.86 Mn
Mar 31, 2024 507.35 Mn
Dec 31, 2023 292.59 Mn
Sep 30, 2023 617.68 Mn
Jun 30, 2023 701.94 Mn
Mar 31, 2023 802.86 Mn
Dec 31, 2022 747.05 Mn
Sep 30, 2022 773.87 Mn
Jun 30, 2022 377.87 Mn
Mar 31, 2022 412.55 Mn
Dec 31, 2021 687.69 Mn
Sep 30, 2021 328.37 Mn
Jun 30, 2021 325.10 Mn
Mar 31, 2021 1.08 Bn