Zhihu (ZH) Goodwill (2021 - 2025)

Zhihu (ZH) posted Goodwill of $17.7 million for Q3 2025, up 0.62% sequentially from $17.6 million in Q2 2025, and down 1.43% YoY from $18.0 million in Q3 2024.

Zhihu (ZH) Goodwill (2021 - 2025) Analysis & Trends

Zhihu has reported Goodwill for 5 years, with the latest figure at $17.7 million in Q3 2025.

  • Quarterly Goodwill fell 1.43% year-over-year to $17.7 million in Q3 2025, while the trailing twelve-month figure through Sep 2025 was $17.7 million (down 1.43% YoY) and the FY2024 annual result came in at $17.3 million, down 35.69% from the prior year.
  • Goodwill rose to $17.7 million in Q3 2025 per ZH's latest filing, from $17.6 million in the prior quarter.
  • Over five years, Goodwill peaked at $26.5 million in Q4 2023 and troughed at $7.9 million in Q3 2021.
  • A 5-year average of $18.1 million and a median of $17.7 million in 2025 frame the typical range for Goodwill.
  • The sharpest annual moves came in 2023 and 2025: Goodwill soared 139.62% in 2023, then sank 34.21% in 2025.
  • Over 5 years, Goodwill stood at $11.5 million in 2021, then surged by 54.13% to $17.8 million in 2022, then jumped by 49.44% to $26.5 million in 2023, then plunged by 33.72% to $17.6 million in 2024, then gained by 0.9% to $17.7 million in 2025.
  • According to Business Quant data, Goodwill over the past three periods registered $17.7 million, $17.6 million, and $17.4 million for Q3 2025, Q2 2025, and Q1 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Alphabet 4,165.61 Bn 3,736.57 Bn 73.85 Bn
2 Meta Platforms 1,523.46 Bn 1,433.20 Bn 49.47 Bn
3 Taboola.com 1,141.85 Bn 1,141.71 Bn 139.48 Mn
4 Baidu 288.34 Bn 283.85 Bn 1.88 Mn
5 Spotify Technology 103.44 Bn 93.20 Bn 1.75 Bn
6 Joyy 77.39 Bn 76.50 Bn 205.64 Mn
7 BILI Social International 60.58 Bn 60.58 Bn 405,933.00
8 Nebius 50.20 Bn 40.57 Bn 295.20 Mn
9 Reddit 30.00 Bn 27.22 Bn 734.60 Mn
10 Zhihu 795.74 Mn 320.56 Mn 49.31 Bn

Historic Data

Download Data
DateValue
Sep 30, 2025 17.75 Mn
Jun 30, 2025 17.64 Mn
Mar 31, 2025 17.41 Mn
Dec 31, 2024 17.59 Mn
Sep 30, 2024 18.00 Mn
Jun 30, 2024 17.39 Mn
Mar 31, 2024 26.46 Mn
Dec 31, 2023 26.54 Mn
Sep 30, 2023 26.19 Mn
Jun 30, 2023 26.35 Mn
Mar 31, 2023 18.40 Mn
Dec 31, 2022 17.76 Mn
Sep 30, 2022 17.76 Mn
Jun 30, 2022 11.00 Mn
Mar 31, 2022 11.62 Mn
Dec 31, 2021 11.52 Mn
Sep 30, 2021 7.89 Mn