Zhihu (ZH) Intangibles (2020 - 2026)
Zhihu (ZH) reported Intangibles of $3.87 million for the quarter ended Jun 30, 2026, down 41.5% from $6.61 million a year earlier and down 4.4% from the prior quarter.
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Analysis
Zhihu (ZH) Intangibles (2020 - 2026) Analysis & Trends
As of Dec 31, 2025, Zhihu posted Intangibles of $4.23 million, down 43.4% from the prior year.
- Intangibles has a five-year compound annual growth rate of 4.4% (years ended Dec 2020 to Dec 2025).
- By year, Intangibles came in at $7.47 million in the year ended Dec 31, 2024 (-56.8%), $17.27 million in the year ended Dec 31, 2023 (+48.5%), $11.63 million in the year ended Dec 31, 2022 (+8.5%) and $10.72 million in the year ended Dec 31, 2021 (+214.9%).
- The figure for the quarter ended Jun 30, 2026 ranks as the lowest quarterly Intangibles since the quarter ended Jun 30, 2021.
- Year over year, Intangibles has now declined in each of the last nine quarters, with an average decline of 42.7% over the last eight quarters.
- The high point for year-over-year Intangibles in five years was the quarter ended Mar 31, 2022 (growth of 215.6%); the low point was the quarter ended Mar 31, 2025 (a decline of 56.7%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at $4.05 million (quarter ended Mar 31, 2026), $4.17 million (quarter ended Dec 31, 2025) and $6.14 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,180.92 Bn | 3,938.44 Bn | 73.85 Bn | 9.11 Bn |
| 2 | Meta Platforms | 1,847.76 Bn | 1,550.28 Bn | 49.47 Bn | - |
| 3 | Netflix | 289.73 Bn | 249.92 Bn | 6.52 Bn | - |
| 4 | Alibaba Group Holding | 249.81 Bn | 67.68 Bn | 15.11 Bn | 2.46 Bn |
| 5 | Shopify | 192.08 Bn | 169.26 Bn | 1.71 Bn | 27.00 Mn |
| 6 | Uber Technologies | 139.76 Bn | 111.74 Bn | 6.38 Bn | 1.13 Bn |
| 7 | Booking Holdings | 122.41 Bn | 55.46 Bn | - | 852.00 Mn |
| 8 | PDD Holdings | 110.94 Bn | -140.99 Bn | 9.45 Bn | 2.00 Mn |
| 9 | Spotify Technology | 100.32 Bn | 57.56 Bn | 1.86 Bn | 41.85 Mn |
| 10 | Zhihu | 292.48 Mn | -1.98 Bn | 57.98 Mn | 3.87 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.87 Mn |
| Mar 31, 2026 | 4.05 Mn |
| Dec 31, 2025 | 4.17 Mn |
| Sep 30, 2025 | 6.14 Mn |
| Jun 30, 2025 | 6.61 Mn |
| Mar 31, 2025 | 7.03 Mn |
| Dec 31, 2024 | 7.59 Mn |
| Sep 30, 2024 | 8.27 Mn |
| Jun 30, 2024 | 8.49 Mn |
| Mar 31, 2024 | 16.22 Mn |
| Dec 31, 2023 | 17.03 Mn |
| Sep 30, 2023 | 17.32 Mn |
| Jun 30, 2023 | 18.16 Mn |
| Mar 31, 2023 | 11.16 Mn |
| Dec 31, 2022 | 11.28 Mn |
| Sep 30, 2022 | 12.04 Mn |
| Jun 30, 2022 | 8.64 Mn |
| Mar 31, 2022 | 9.95 Mn |
| Dec 31, 2021 | 10.68 Mn |
| Sep 30, 2021 | 9.18 Mn |
API Access
Zhihu Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=intangibles&ticker=ZH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "ticker": "ZH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=intangibles&ticker=ZH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();