Zhihu (ZH) Enterprise Value (2021 - 2026)
Zhihu (ZH) reported Enterprise Value of -$311.59 million for the quarter ended Jun 30, 2026, compared with -$232.01 million a year earlier.
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Analysis
Zhihu (ZH) Enterprise Value (2021 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Zhihu's Enterprise Value came in at -$2.02 billion; for the year ended Dec 31, 2025, it was $269.74 million, down 7.2% from the prior year.
- Enterprise Value has declined for four consecutive years, with a four-year compound annual growth rate of -42.0% (years ended Dec 2021 to Dec 2025).
- By year, Enterprise Value came in at $290.71 million in the year ended Dec 31, 2024 (-40.6%), $489.71 million in the year ended Dec 31, 2023 (-31.8%), $717.72 million in the year ended Dec 31, 2022 (-70.0%) and $2.39 billion in the year ended Dec 31, 2021.
- Five-year quarterly Enterprise Value spans a low of -$375.8 million in the quarter ended Mar 31, 2026 and a high of $2.39 billion in the quarter ended Dec 31, 2021.
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at -$375.8 million (quarter ended Mar 31, 2026), $269.5 million (quarter ended Dec 31, 2025) and -$114.68 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,126.42 Bn | 3,883.94 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,763.57 Bn | 1,466.09 Bn | 49.47 Bn |
| 3 | Netflix | 287.17 Bn | 247.37 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 252.08 Bn | 65.86 Bn | 15.11 Bn |
| 5 | Shopify | 224.54 Bn | 201.72 Bn | 1.71 Bn |
| 6 | Uber Technologies | 140.28 Bn | 112.08 Bn | 6.38 Bn |
| 7 | Booking Holdings | 125.81 Bn | 58.86 Bn | - |
| 8 | PDD Holdings | 114.10 Bn | -129.68 Bn | 9.45 Bn |
| 9 | Spotify Technology | 108.24 Bn | 65.74 Bn | 1.86 Bn |
| 10 | Zhihu | 281.65 Mn | -2.05 Bn | 57.98 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -312.92 Mn |
| Mar 31, 2026 | -378.36 Mn |
| Dec 31, 2025 | -324.42 Mn |
| Sep 30, 2025 | -114.68 Mn |
| Jun 30, 2025 | -232.01 Mn |
| Mar 31, 2025 | -224.21 Mn |
| Dec 31, 2024 | -330.31 Mn |
| Sep 30, 2024 | -202.68 Mn |
| Jun 30, 2024 | -256.46 Mn |
| Mar 31, 2024 | -108.39 Mn |
| Dec 31, 2023 | -5.93 Mn |
| Sep 30, 2023 | -5.97 Mn |
| Jun 30, 2023 | -40.51 Mn |
| Mar 31, 2023 | -63.05 Mn |
| Dec 31, 2022 | -8.02 Mn |
| Sep 30, 2022 | -180.68 Mn |
| Jun 30, 2022 | 263.22 Mn |
| Mar 31, 2022 | 539.65 Mn |
| Dec 31, 2021 | 2.39 Bn |
| Sep 30, 2021 | 592.12 Mn |
API Access
Zhihu Enterprise Value API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=enterprise-value&ticker=ZH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "ticker": "ZH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=enterprise-value&ticker=ZH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();