Zhihu (ZH) Current Leases (2019 - 2026)

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.