Zhihu (ZH) EBIT (2020 - 2025)

Zhihu's (ZH) quarterly EBIT came in at -$37.7 billion in Q4 2025, down 2384.11% year-on-year from $1.7 billion in Q4 2024, and down 170.56% quarter-over-quarter from -$13.9 billion in Q3 2025.

Zhihu (ZH) EBIT (2020 - 2025) Analysis & Trends

Zhihu has disclosed EBIT across 6 years of filings, most recently posting -$37.7 billion for Q4 2025.

  • EBIT for Q4 2025 came in at -$37.7 billion, down 2384.11% year-over-year; the trailing twelve-month figure through Dec 2025 was -$64.4 billion (down 4165.64% YoY), and the FY2025 annual result was -$6.1 million, up 90.72% from the prior year.
  • EBIT came in at -$37.7 billion for Q4 2025 at Zhihu, down from -$13.9 billion in the prior quarter.
  • In the past five years, EBIT ranged from a high of $1.7 billion in Q4 2024 to a low of -$37.7 billion in Q4 2025.
  • The 5-year median for EBIT is -$46.6 million (2023), against an average of -$3.2 billion.
  • Across the five-year window, EBIT surged 6482.98% in 2024 and tumbled 118421.92% in 2025, its largest moves.
  • Zhihu's EBIT stood at -$58.9 million in 2021, then surged by 48.35% to -$30.4 million in 2022, then soared by 182.51% to $25.1 million in 2023, then soared by 6482.98% to $1.7 billion in 2024, then tumbled by 2384.11% to -$37.7 billion in 2025.
  • The last three EBIT figures came in at -$37.7 billion (Q4 2025), -$13.9 billion (Q3 2025), and -$12.7 billion (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn -128.00 Mn
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn 39.70 Bn
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn 22.87 Bn
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn 837.08 Mn
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 182.91 Mn
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn -80.29 Mn
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn 90.03 Bn
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn -74.45 Mn
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn 36.00 Mn
10 Zhihu 105.93 Mn -359.25 Mn 49.31 Bn -37.73 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 -37.73 Bn
Sep 30, 2025 -13.95 Bn
Jun 30, 2025 -12.70 Bn
Mar 31, 2025 -7.25 Mn
Dec 31, 2024 1.65 Bn
Sep 30, 2024 -11.77 Mn
Jun 30, 2024 -25.30 Mn
Mar 31, 2024 -31.13 Mn
Dec 31, 2023 25.09 Mn
Sep 30, 2023 -47.99 Mn
Jun 30, 2023 -45.13 Mn
Mar 31, 2023 -31.56 Mn
Dec 31, 2022 -30.41 Mn
Sep 30, 2022 -39.16 Mn
Jun 30, 2022 -68.77 Mn
Mar 31, 2022 -102.25 Mn
Dec 31, 2021 -58.88 Mn
Sep 30, 2021 -50.05 Mn
Jun 30, 2021 -54.29 Mn
Mar 31, 2021 -52.27 Mn