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 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 1.37 Bn
6 Pinterest 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
DateValue
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