Zhihu (ZH) Common Equity (2019 - 2025)

Zhihu has disclosed Common Equity across 7 years of filings, most recently posting $546.4 million for Q4 2025.

• Common Equity for Q4 2025 came in at $546.4 million, down 5.12% year-over-year; the trailing twelve-month figure through Dec 2025 was $546.4 million (down 5.12% YoY), and the FY2025 annual result was $554.1 million, down 3.6% from the prior year.
• Common Equity came in at $546.4 million for Q4 2025 at Zhihu, down from $575.8 million in the prior quarter.
• In the past five years, Common Equity ranged from a high of $1.1 billion in Q4 2021 to a low of $546.4 million in Q4 2025.
• The 5-year median for Common Equity is $653.0 million (2023), against an average of $725.9 million.
• Across the five-year window, Common Equity surged 235.77% in 2021 and dropped 24.03% in 2022, its largest moves.
• Zhihu's Common Equity stood at $1.1 billion in 2021, then decreased by 24.03% to $800.6 million in 2022, then fell by 18.44% to $653.0 million in 2023, then decreased by 11.82% to $575.8 million in 2024, then declined by 5.12% to $546.4 million in 2025.
• The last three Common Equity figures came in at $546.4 million (Q4 2025), $575.8 million (Q4 2024), and $653.0 million (Q4 2023), per Business Quant data.