Zhihu (ZH) Goodwill (2021 - 2025)

Zhihu has disclosed Goodwill across 5 years of filings, most recently posting $17.7 million for Q3 2025.

• Goodwill for Q3 2025 came in at $17.7 million, down 1.43% year-over-year; the trailing twelve-month figure through Sep 2025 was $17.7 million (down 1.43% YoY), and the FY2024 annual result was $17.3 million, down 35.69% from the prior year.
• Goodwill came in at $17.7 million for Q3 2025 at Zhihu, up from $17.6 million in the prior quarter.
• In the past five years, Goodwill ranged from a high of $26.5 million in Q4 2023 to a low of $7.9 million in Q3 2021.
• The 5-year median for Goodwill is $17.7 million (2025), against an average of $18.1 million.
• Across the five-year window, Goodwill jumped 139.62% in 2023 and sank 34.21% in 2025, its largest moves.
• Zhihu's Goodwill stood at $11.5 million in 2021, then soared by 54.13% to $17.8 million in 2022, then surged by 49.44% to $26.5 million in 2023, then plunged by 33.72% to $17.6 million in 2024, then increased by 0.9% to $17.7 million in 2025.
• The last three Goodwill figures came in at $17.7 million (Q3 2025), $17.6 million (Q2 2025), and $17.4 million (Q1 2025), per Business Quant data.