Zhihu (ZH) Current Leases (2019 - 2025)
Zhihu (ZH) posted Current Leases of $3.0 million for Q4 2025, down 13.62% sequentially from $3.5 million in Q3 2025, and up 25.12% YoY from $2.4 million in Q4 2024.
Zhihu (ZH) Current Leases (2019 - 2025) Analysis & Trends
Zhihu has reported Current Leases for 7 years, with the latest figure at $3.0 million in Q4 2025.
- Quarterly Current Leases rose 25.12% year-over-year to $3.0 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $3.0 million (up 25.12% YoY) and the FY2025 annual result came in at $3.1 million, up 28.98% from the prior year.
- Current Leases retreated to $3.0 million in Q4 2025 per ZH's latest filing, from $3.5 million in the prior quarter.
- Over five years, Current Leases peaked at $8.8 million in Q1 2023 and troughed at $2.3 million in Q3 2024.
- A 5-year average of $5.4 million and a median of $5.4 million in 2025 frame the typical range for Current Leases.
- The sharpest annual moves came in 2021 and 2024: Current Leases jumped 1352.0% in 2021, then slumped 65.12% in 2024.
- Over 5 years, Current Leases stood at $6.3 million in 2021, then rose by 17.99% to $7.5 million in 2022, then retreated by 21.84% to $5.8 million in 2023, then slumped by 58.78% to $2.4 million in 2024, then increased by 25.12% to $3.0 million in 2025.
- According to Business Quant data, Current Leases over the past three periods registered $3.0 million, $3.5 million, and $5.7 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,165.61 Bn | 3,736.57 Bn | 73.85 Bn | - |
| 2 | Meta Platforms | 1,523.46 Bn | 1,433.20 Bn | 49.47 Bn | 2.43 Bn |
| 3 | Taboola.com | 1,141.85 Bn | 1,141.71 Bn | 139.48 Mn | 33.79 Mn |
| 4 | Baidu | 288.34 Bn | 283.85 Bn | 1.88 Mn | 571.00 Mn |
| 5 | Spotify Technology | 103.44 Bn | 93.20 Bn | 1.75 Bn | 72.59 Mn |
| 6 | Joyy | 77.39 Bn | 76.50 Bn | 205.64 Mn | 8.94 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | - |
| 8 | Nebius | 50.20 Bn | 40.57 Bn | 295.20 Mn | - |
| 9 | 30.00 Bn | 27.22 Bn | 734.60 Mn | 7.78 Mn | |
| 10 | Zhihu | 795.74 Mn | 320.56 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 |