Balance Sheet
Accounts PayablesAccumulated ExpensesAssetsCash & Current InvestmentsCash & EquivalentsCommon EquityCurrent AssetsCurrent Deferred RevenueCurrent LeasesCurrent TaxesGoodwillGoodwill & IntangiblesIntangiblesInventoryLiabilities and Shareholders EquityLong-Term InvestmentsMinority InterestNon-Current AssetsNon-Current Deferred Tax LiabilityNon-Current Deferred Tax LiabilityNotes PayablesOperating LeasesOther Accumulated ExpensesOther Non-Current AssetsOther Non-Current LiabilitiesPayablesPrepaid AssetsProperty, Plant & Equipment (Net)Property, Plant & Equipment (Net)ReceivablesReceivables - NetReceivables - OtherRetained EarningsShareholder's EquityShares OutstandingShort term DebtShort-term InvestmentsTotal Current LiabilitiesTotal DebtTotal LiabilitiesTotal Non-Current LiabilitiesTreasury SharesTreasury Shares
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Zhihu (ZH) Current Deferred Revenue (2019 - 2025)

Zhihu's Current Deferred Revenue history spans 7 years, with the latest figure at $26.2 million for Q4 2025.

  • On a quarterly basis, Current Deferred Revenue fell 20.01% to $26.2 million in Q4 2025 year-over-year; TTM through Dec 2025 was $26.2 million, a 20.01% decrease, with the full-year FY2025 number at $26.6 million, down 17.56% from a year prior.
  • Current Deferred Revenue hit $26.2 million in Q4 2025 for Zhihu, down from $27.1 million in the prior quarter.
  • Over the last five years, Current Deferred Revenue for ZH hit a ceiling of $55.0 million in Q1 2023 and a floor of $26.2 million in Q4 2025.
  • Historically, Current Deferred Revenue has averaged $39.3 million across 5 years, with a median of $39.6 million in 2021.
  • Biggest five-year swings in Current Deferred Revenue: surged 55.33% in 2021 and later plummeted 31.86% in 2025.
  • Tracing ZH's Current Deferred Revenue over 5 years: stood at $37.5 million in 2021, then surged by 33.34% to $50.0 million in 2022, then fell by 15.68% to $42.2 million in 2023, then fell by 22.23% to $32.8 million in 2024, then fell by 20.01% to $26.2 million in 2025.
  • Business Quant data shows Current Deferred Revenue for ZH at $26.2 million in Q4 2025, $27.1 million in Q3 2025, and $28.6 million in Q2 2025.