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Cash Flow Statement
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Income Statement
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Ratios

Zhihu (ZH) Cost of Revenue (2020 - 2025)

Zhihu's Cost of Revenue history spans 6 years, with the latest figure at $42.7 billion for Q4 2025.

  • On a quarterly basis, Cost of Revenue rose 96315865.08% to $42.7 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $80.3 billion, a 52287.08% increase, with the full-year FY2025 number at $179.1 million, down 18.26% from a year prior.
  • Cost of Revenue hit $42.7 billion in Q4 2025 for Zhihu, up from $35668.3 in the prior quarter.
  • Over the last five years, Cost of Revenue for ZH hit a ceiling of $42.7 billion in Q4 2025 and a floor of $35668.3 in Q3 2025.
  • Historically, Cost of Revenue has averaged $4.1 billion across 5 years, with a median of $64.6 million in 2022.
  • Biggest five-year swings in Cost of Revenue: plummeted 99.93% in 2024 and later surged 96315865.08% in 2025.
  • Tracing ZH's Cost of Revenue over 5 years: stood at $84.6 million in 2021, then dropped by 19.36% to $68.3 million in 2022, then decreased by 4.0% to $65.5 million in 2023, then tumbled by 99.93% to $44346.7 in 2024, then surged by 96315865.08% to $42.7 billion in 2025.
  • Business Quant data shows Cost of Revenue for ZH at $42.7 billion in Q4 2025, $35668.3 in Q3 2025, and $37.5 billion in Q2 2025.