Zhihu (ZH) Current Leases (2019 - 2025)
Zhihu's (ZH) quarterly Current Leases came in at $3.0 million in Q4 2025, up 25.12% year-on-year from $2.4 million in Q4 2024, and down 13.62% quarter-over-quarter from $3.5 million in Q3 2025.
Zhihu (ZH) Current Leases (2019 - 2025) Analysis & Trends
Zhihu has disclosed Current Leases across 7 years of filings, most recently posting $3.0 million for Q4 2025.
- Current Leases for Q4 2025 came in at $3.0 million, up 25.12% year-over-year; the trailing twelve-month figure through Dec 2025 was $3.0 million (up 25.12% YoY), and the FY2025 annual result was $3.1 million, up 28.98% from the prior year.
- Current Leases came in at $3.0 million for Q4 2025 at Zhihu, down from $3.5 million in the prior quarter.
- In the past five years, Current Leases ranged from a high of $8.8 million in Q1 2023 to a low of $2.3 million in Q3 2024.
- The 5-year median for Current Leases is $5.4 million (2025), against an average of $5.4 million.
- Across the five-year window, Current Leases surged 1352.0% in 2021 and slumped 65.12% in 2024, its largest moves.
- Zhihu's Current Leases stood at $6.3 million in 2021, then grew by 17.99% to $7.5 million in 2022, then declined by 21.84% to $5.8 million in 2023, then slumped by 58.78% to $2.4 million in 2024, then climbed by 25.12% to $3.0 million in 2025.
- The last three Current Leases figures came in at $3.0 million (Q4 2025), $3.5 million (Q3 2025), and $5.7 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn | - |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn | - |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn | 2.41 Bn |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn | 72.59 Mn |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 7.17 Mn | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | - | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn | 9.93 Mn |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn | 33.34 Mn |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn | 14.00 Mn |
| 10 | Zhihu | 105.93 Mn | -359.25 Mn | 49.31 Bn | 3.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 3.01 Mn |
| Sep 30, 2025 | 3.49 Mn |
| Jun 30, 2025 | 5.72 Mn |
| Mar 31, 2025 | 5.18 Mn |
| Dec 31, 2024 | 2.41 Mn |
| Sep 30, 2024 | 2.28 Mn |
| Jun 30, 2024 | 3.42 Mn |
| Mar 31, 2024 | 4.67 Mn |
| Dec 31, 2023 | 5.85 Mn |
| Sep 30, 2023 | 6.55 Mn |
| Jun 30, 2023 | 8.42 Mn |
| Mar 31, 2023 | 8.83 Mn |
| Dec 31, 2022 | 7.48 Mn |
| Sep 30, 2022 | 7.22 Mn |
| Jun 30, 2022 | 7.70 Mn |
| Mar 31, 2022 | 8.26 Mn |
| Dec 31, 2021 | 6.34 Mn |
| Sep 30, 2021 | 4.58 Mn |
| Jun 30, 2021 | 3.77 Mn |
| Mar 31, 2021 | 3.65 Mn |