Zhihu (ZH) Cash & Equivalents (2019 - 2025)
Zhihu's (ZH) quarterly Cash & Equivalents came in at $475.0 million in Q4 2025, down 14.68% year-on-year from $556.7 million in Q4 2024, and up 23.87% quarter-over-quarter from $383.5 million in Q3 2025.
Zhihu (ZH) Cash & Equivalents (2019 - 2025) Analysis & Trends
Zhihu has disclosed Cash & Equivalents across 7 years of filings, most recently posting $475.0 million for Q4 2025.
- Cash & Equivalents for Q4 2025 came in at $475.0 million, down 14.68% year-over-year; the trailing twelve-month figure through Dec 2025 was $475.0 million (down 14.68% YoY), and the FY2025 annual result was $481.8 million, down 12.06% from the prior year.
- Cash & Equivalents came in at $475.0 million for Q4 2025 at Zhihu, up from $383.5 million in the prior quarter.
- In the past five years, Cash & Equivalents ranged from a high of $916.6 million in Q1 2021 to a low of $137.0 million in Q2 2021.
- The 5-year median for Cash & Equivalents is $440.6 million (2024), against an average of $441.8 million.
- Peak annual rise in Cash & Equivalents reached 145.1% in 2022, while the deepest fall reached 58.82% in 2022.
- Zhihu's Cash & Equivalents stood at $337.4 million in 2021, then soared by 88.6% to $636.4 million in 2022, then slumped by 54.02% to $292.6 million in 2023, then soared by 90.28% to $556.7 million in 2024, then decreased by 14.68% to $475.0 million in 2025.
- The last three Cash & Equivalents figures came in at $475.0 million (Q4 2025), $383.5 million (Q3 2025), and $446.5 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn | 9.63 Bn |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn | 126.84 Bn |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn | 23.43 Bn |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn | 6.16 Bn |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 1.37 Bn | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | 378.08 Mn | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn | 485.91 Mn |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn | 1.06 Bn |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn | 678.00 Mn |
| 10 | Zhihu | 105.93 Mn | -359.25 Mn | 49.31 Bn | 475.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 475.03 Mn |
| Sep 30, 2025 | 383.48 Mn |
| Jun 30, 2025 | 446.50 Mn |
| Mar 31, 2025 | 446.48 Mn |
| Dec 31, 2024 | 556.75 Mn |
| Sep 30, 2024 | 458.00 Mn |
| Jun 30, 2024 | 434.74 Mn |
| Mar 31, 2024 | 303.92 Mn |
| Dec 31, 2023 | 292.59 Mn |
| Sep 30, 2023 | 429.42 Mn |
| Jun 30, 2023 | 556.26 Mn |
| Mar 31, 2023 | 607.49 Mn |
| Dec 31, 2022 | 636.35 Mn |
| Sep 30, 2022 | 477.62 Mn |
| Jun 30, 2022 | 335.78 Mn |
| Mar 31, 2022 | 377.50 Mn |
| Dec 31, 2021 | 337.40 Mn |
| Sep 30, 2021 | 227.71 Mn |
| Jun 30, 2021 | 137.00 Mn |
| Mar 31, 2021 | 916.64 Mn |