Zhihu (ZH) Gross Profit (2020 - 2025)
Zhihu's (ZH) quarterly Gross Profit came in at $49.3 billion in Q4 2025, down 34.49% year-on-year from $75.3 billion in Q4 2024, and down 12.57% quarter-over-quarter from $56.4 billion in Q3 2025.
Zhihu (ZH) Gross Profit (2020 - 2025) Analysis & Trends
Zhihu has disclosed Gross Profit across 6 years of filings, most recently posting $49.3 billion for Q4 2025.
- Gross Profit for Q4 2025 came in at $49.3 billion, down 34.49% year-over-year; the trailing twelve-month figure through Dec 2025 was $167.7 billion (up 122.16% YoY), and the FY2025 annual result was $235.6 million, down 21.14% from the prior year.
- Gross Profit came in at $49.3 billion for Q4 2025 at Zhihu, down from $56.4 billion in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $75.3 billion in Q4 2024 to a low of $41.6 million in Q1 2021.
- The 5-year median for Gross Profit is $75.3 million (2021), against an average of $12.2 billion.
- Peak annual rise in Gross Profit reached 80808.98% in 2025, while the deepest fall reached 34.49% in 2025.
- Zhihu's Gross Profit stood at $75.3 million in 2021, then gained by 17.37% to $88.4 million in 2022, then grew by 7.28% to $94.8 million in 2023, then jumped by 79295.24% to $75.3 billion in 2024, then plunged by 34.49% to $49.3 billion in 2025.
- The last three Gross Profit figures came in at $49.3 billion (Q4 2025), $56.4 billion (Q3 2025), and $62.0 billion (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn |
| 10 | Zhihu | 105.93 Mn | -359.25 Mn | 49.31 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |