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 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 2.77 Bn | |
| 6 | 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| Date | Value |
|---|---|
| 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 |