Zhihu (ZH) Goodwill & Intangibles (2020 - 2025)

Zhihu (ZH) posted Goodwill & Intangibles of $4.2 million for Q4 2025, down 82.54% sequentially from $23.9 million in Q3 2025, and down 83.43% YoY from $25.2 million in Q4 2024.

Zhihu (ZH) Goodwill & Intangibles (2020 - 2025) Analysis & Trends

Zhihu has reported Goodwill & Intangibles for 6 years, with the latest figure at $4.2 million in Q4 2025.

  • Quarterly Goodwill & Intangibles fell 83.43% year-over-year to $4.2 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $4.2 million (down 83.43% YoY) and the FY2025 annual result came in at $4.2 million, down 83.43% from the prior year.
  • Goodwill & Intangibles fell to $4.2 million in Q4 2025 per ZH's latest filing, from $23.9 million in the prior quarter.
  • Over five years, Goodwill & Intangibles peaked at $44.5 million in Q2 2023 and troughed at $2.8 million in Q2 2021.
  • A 5-year average of $25.1 million and a median of $24.8 million in 2024 frame the typical range for Goodwill & Intangibles.
  • The sharpest annual moves came in 2022 and 2025: Goodwill & Intangibles surged 622.14% in 2022, then plunged 83.43% in 2025.
  • Over 5 years, Goodwill & Intangibles stood at $22.2 million in 2021, then soared by 30.78% to $29.0 million in 2022, then surged by 50.04% to $43.6 million in 2023, then sank by 42.21% to $25.2 million in 2024, then slumped by 83.43% to $4.2 million in 2025.
  • According to Business Quant data, Goodwill & Intangibles over the past three periods registered $4.2 million, $23.9 million, and $24.0 million for Q4 2025, Q3 2025, and Q2 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
Dec 31, 2025 4.17 Mn
Sep 30, 2025 23.89 Mn
Jun 30, 2025 24.02 Mn
Mar 31, 2025 24.44 Mn
Dec 31, 2024 25.18 Mn
Sep 30, 2024 25.73 Mn
Jun 30, 2024 25.88 Mn
Mar 31, 2024 42.68 Mn
Dec 31, 2023 43.57 Mn
Sep 30, 2023 43.51 Mn
Jun 30, 2023 44.51 Mn
Mar 31, 2023 29.67 Mn
Dec 31, 2022 29.04 Mn
Sep 30, 2022 29.80 Mn
Jun 30, 2022 19.95 Mn
Mar 31, 2022 21.55 Mn
Dec 31, 2021 22.21 Mn
Sep 30, 2021 17.07 Mn
Jun 30, 2021 2.76 Mn
Mar 31, 2021 3.15 Mn