Zhihu (ZH) Debt to Equity (2019 - 2025)

Zhihu's (ZH) quarterly Debt to Equity came in at $0.01 in Q4 2025, up 455.25% year-on-year from $0.0 in Q4 2024, and up 549.57% quarter-over-quarter from $0.0 in Q3 2025.

Zhihu (ZH) Debt to Equity (2019 - 2025) Analysis & Trends

Zhihu has disclosed Debt to Equity across 7 years of filings, most recently posting $0.01 for Q4 2025.

  • Debt to Equity for Q4 2025 came in at $0.01, up 455.25% year-over-year; the trailing twelve-month figure through Dec 2025 was $0.01 (up 455.25% YoY), and the FY2025 annual result was $0.01, up 449.77% from the prior year.
  • Debt to Equity came in at $0.01 for Q4 2025 at Zhihu, up from $0.0 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.01 in Q3 2022 to a low of $0.0 in Q2 2025.
  • The 5-year median for Debt to Equity is $0.0 (2023), against an average of $0.01.
  • Across the five-year window, Debt to Equity tumbled 87.35% in 2023 and soared 455.25% in 2025, its largest moves.
  • Zhihu's Debt to Equity stood at $0.01 in 2021, then slumped by 64.81% to $0.0 in 2022, then climbed by 26.82% to $0.01 in 2023, then tumbled by 70.62% to $0.0 in 2024, then jumped by 455.25% to $0.01 in 2025.
  • The last three Debt to Equity figures came in at $0.01 (Q4 2025), $0.0 (Q3 2025), and $0.0 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn 1.17
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn 0.16
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn 0.24
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn -
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn -
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn -
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn -
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn 1.70
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn 0.08
10 Zhihu 105.93 Mn -359.25 Mn 49.31 Bn 0.01

Historic Data

Download Data
DateValue
Dec 31, 2025 0.01
Sep 30, 2025 0.00
Jun 30, 2025 0.00
Mar 31, 2025 0.00
Dec 31, 2024 0.00
Sep 30, 2024 0.00
Jun 30, 2024 0.00
Mar 31, 2024 0.00
Dec 31, 2023 0.01
Sep 30, 2023 0.00
Jun 30, 2023 0.00
Mar 31, 2023 0.00
Dec 31, 2022 0.00
Sep 30, 2022 0.01
Jun 30, 2022 0.01
Mar 31, 2022 0.01
Dec 31, 2021 0.01
Sep 30, 2021 0.01
Jun 30, 2021 0.01
Mar 31, 2021 0.01