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 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 182.91 Mn | |
| 6 | 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| Date | Value |
|---|---|
| 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 |