Zhihu (ZH) Gross Profit (2020 - 2025)

Zhihu (ZH) posted Gross Profit of $49.3 billion for Q4 2025, down 12.57% sequentially from $56.4 billion in Q3 2025, and down 34.49% YoY from $75.3 billion in Q4 2024.

Zhihu (ZH) Gross Profit (2020 - 2025) Analysis & Trends

Zhihu has reported Gross Profit for 6 years, with the latest figure at $49.3 billion in Q4 2025.

  • Quarterly Gross Profit fell 34.49% year-over-year to $49.3 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $167.7 billion (up 122.16% YoY) and the FY2025 annual result came in at $235.6 million, down 21.14% from the prior year.
  • Gross Profit slipped to $49.3 billion in Q4 2025 per ZH's latest filing, from $56.4 billion in the prior quarter.
  • Over five years, Gross Profit peaked at $75.3 billion in Q4 2024 and troughed at $41.6 million in Q1 2021.
  • A 5-year average of $12.2 billion and a median of $75.3 million in 2021 frame the typical range for Gross Profit.
  • The widest YoY moves for Gross Profit: up 80808.98% in 2025, down 34.49% in 2025.
  • Over 5 years, Gross Profit stood at $75.3 million in 2021, then climbed by 17.37% to $88.4 million in 2022, then rose by 7.28% to $94.8 million in 2023, then soared by 79295.24% to $75.3 billion in 2024, then plunged by 34.49% to $49.3 billion in 2025.
  • According to Business Quant data, Gross Profit over the past three periods registered $49.3 billion, $56.4 billion, and $62.0 billion 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 49.31 Bn
Dec 31, 2025 49.31 Bn
Sep 30, 2025 56.40 Bn
Sep 30, 2025 56.40 Bn
Jun 30, 2025 61.96 Bn
Jun 30, 2025 61.96 Bn
Mar 31, 2025 62.17 Mn
Mar 31, 2025 62.17 Mn
Dec 31, 2024 75.27 Bn
Dec 31, 2024 75.27 Bn
Sep 30, 2024 76.97 Mn
Sep 30, 2024 76.97 Mn
Jun 30, 2024 76.58 Mn
Jun 30, 2024 76.58 Mn
Mar 31, 2024 75.27 Mn
Mar 31, 2024 75.27 Mn
Dec 31, 2023 94.80 Mn
Dec 31, 2023 94.80 Mn
Sep 30, 2023 75.17 Mn
Sep 30, 2023 75.17 Mn