Zhihu (ZH) EBIT (2020 - 2026)
Zhihu (ZH) posted EBIT of -$37.7 billion for Q4 2025, down 170.56% sequentially from -$13.9 billion in Q3 2025, and down 2384.11% YoY from $1.7 billion in Q4 2024.
Analysis
Zhihu (ZH) EBIT (2020 - 2026) Analysis & Trends
Zhihu has reported EBIT for 6 years, with the latest figure at -$37.7 billion in Q4 2025.
- Quarterly EBIT fell 2384.11% year-over-year to -$37.7 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$64.3 billion (down 4157.93% YoY) and the FY2025 annual result came in at -$71.5 million, down 6.79% from the prior year.
- EBIT slipped to -$37.7 billion in Q4 2025 per ZH's latest filing, from -$13.9 billion in the prior quarter.
- Over five years, EBIT peaked at $1.7 billion in Q4 2024 and troughed at -$37.7 billion in Q4 2025.
- A 5-year average of -$3.2 billion and a median of -$46.6 million in 2023 frame the typical range for EBIT.
- The sharpest annual moves came in 2024 and 2025: EBIT jumped 6482.98% in 2024, then tumbled 118421.92% in 2025.
- Over 5 years, EBIT stood at -$58.9 million in 2021, then jumped by 48.35% to -$30.4 million in 2022, then surged by 182.51% to $25.1 million in 2023, then surged by 6482.98% to $1.7 billion in 2024, then tumbled by 2384.11% to -$37.7 billion in 2025.
- According to Business Quant data, EBIT over the past three periods registered -$37.7 billion, -$13.9 billion, and -$12.6 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 40.77 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 18.78 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 1.21 Bn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | -175.90 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 231.72 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | 54.76 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | 445.72 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | -55.20 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 245.45 Mn |
| 10 | Zhihu | 220.44 Mn | -357.04 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -9.12 Bn |
| Dec 31, 2025 | -37.73 Bn |
| Sep 30, 2025 | -13.95 Bn |
| Jun 30, 2025 | -12.70 Bn |
| Mar 31, 2025 | -7.24 Bn |
| Dec 31, 2024 | 1.65 Bn |
| Sep 30, 2024 | -11.77 Mn |
| Jun 30, 2024 | -25,399.29 |
| Mar 31, 2024 | -31.43 Mn |
| Dec 31, 2023 | 25.09 Mn |
| Sep 30, 2023 | -48.40 Mn |
| Jun 30, 2023 | -46.72 Mn |
| Mar 31, 2023 | -31.68 Mn |
| Dec 31, 2022 | -30.41 Mn |
| Sep 30, 2022 | -40.73 Mn |
| Jun 30, 2022 | -69.86 Mn |
| Mar 31, 2022 | -102.13 Mn |
| Dec 31, 2021 | -58.88 Mn |
| Sep 30, 2021 | -50.05 Mn |
| Jun 30, 2021 | -54.29 Mn |