Zhihu (ZH) Cash & Equivalents (2019 - 2025)
Zhihu (ZH) posted Cash & Equivalents of $475.0 million for Q4 2025, up 23.87% sequentially from $383.5 million in Q3 2025, and down 14.68% YoY from $556.8 million in Q4 2024.
Zhihu (ZH) Cash & Equivalents (2019 - 2025) Analysis & Trends
Zhihu has reported Cash & Equivalents for 7 years, with the latest figure at $475.0 million in Q4 2025.
- Quarterly Cash & Equivalents fell 14.68% year-over-year to $475.0 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $475.0 million (down 14.68% YoY) and the FY2025 annual result came in at $481.8 million, down 12.06% from the prior year.
- Cash & Equivalents climbed to $475.0 million in Q4 2025 per ZH's latest filing, from $383.5 million in the prior quarter.
- Over five years, Cash & Equivalents peaked at $916.6 million in Q1 2021 and troughed at $137.0 million in Q2 2021.
- A 5-year average of $441.8 million and a median of $440.6 million in 2024 frame the typical range for Cash & Equivalents.
- The widest YoY moves for Cash & Equivalents: up 145.1% in 2022, down 58.82% in 2022.
- Over 5 years, Cash & Equivalents stood at $337.4 million in 2021, then surged by 88.6% to $636.4 million in 2022, then plunged by 54.02% to $292.6 million in 2023, then surged by 90.29% to $556.8 million in 2024, then fell by 14.68% to $475.0 million in 2025.
- According to Business Quant data, Cash & Equivalents over the past three periods registered $475.0 million, $383.5 million, and $446.5 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,165.61 Bn | 3,736.57 Bn | 73.85 Bn | 242.47 Bn |
| 2 | Meta Platforms | 1,523.46 Bn | 1,433.20 Bn | 49.47 Bn | 15.46 Bn |
| 3 | Taboola.com | 1,141.85 Bn | 1,141.71 Bn | 139.48 Mn | 133.05 Mn |
| 4 | Baidu | 288.34 Bn | 283.85 Bn | 1.88 Mn | 4.43 Bn |
| 5 | Spotify Technology | 103.44 Bn | 93.20 Bn | 1.75 Bn | 6.15 Bn |
| 6 | Joyy | 77.39 Bn | 76.50 Bn | 205.64 Mn | - |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 170.00 |
| 8 | Nebius | 50.20 Bn | 40.57 Bn | 295.20 Mn | 9.63 Bn |
| 9 | 30.00 Bn | 27.22 Bn | 734.60 Mn | 1.49 Bn | |
| 10 | Zhihu | 795.74 Mn | 320.56 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 | 292.58 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 |