Zhihu (ZH) Gross Profit (2020 - 2026)
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.
Analysis
Zhihu (ZH) Gross Profit (2020 - 2026) 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn |
| 10 | Zhihu | 220.44 Mn | -357.04 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 56.30 Bn |
| Mar 31, 2026 | 56.30 Bn |
| Dec 31, 2025 | 48.62 Bn |
| Dec 31, 2025 | 48.62 Bn |
| Sep 30, 2025 | 56.40 Bn |
| Sep 30, 2025 | 56.40 Bn |
| Jun 30, 2025 | 62.56 Bn |
| Jun 30, 2025 | 62.56 Bn |
| Mar 31, 2025 | 62.17 Mn |
| Mar 31, 2025 | 62.17 Mn |
| Dec 31, 2024 | 75,269.07 |
| Dec 31, 2024 | 75,269.07 |
| 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 |