Zhihu (ZH) Liabilities and Shareholders Equity (2019 - 2026)
Zhihu (ZH) reported Liabilities and Shareholders Equity of $742.16 million for the quarter ended Jun 30, 2026, down 7.5% from $802.19 million a year earlier but up 0.4% from the prior quarter.
Powered by 
Analysis
Zhihu (ZH) Liabilities and Shareholders Equity (2019 - 2026) Analysis & Trends
As of Dec 31, 2025, Zhihu posted Liabilities and Shareholders Equity of $722.32 million, down 8.0% from the prior year.
- Liabilities and Shareholders Equity has declined for four consecutive years, though with a five-year compound annual growth rate of 5.8% (years ended Dec 2020 to Dec 2025).
- By year, Liabilities and Shareholders Equity came in at $785.41 million in the year ended Dec 31, 2024 (-17.9%), $957.09 million in the year ended Dec 31, 2023 (-13.8%), $1.11 billion in the year ended Dec 31, 2022 (-19.7%) and $1.38 billion in the year ended Dec 31, 2021 (+153.3%).
- Five-year quarterly Liabilities and Shareholders Equity spans a low of $731.87 million in the quarter ended Dec 31, 2025 and a high of $1.38 billion in the quarter ended Dec 31, 2021.
- Year over year, Liabilities and Shareholders Equity has now declined in each of the last 18 quarters, with an average decline of 9.6% over the last eight quarters.
- The high point for year-over-year Liabilities and Shareholders Equity in five years was the quarter ended Dec 31, 2021 (growth of 142.6%); the low point was the quarter ended Dec 31, 2022 (a decline of 21.8%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at $739.06 million (quarter ended Mar 31, 2026), $731.87 million (quarter ended Dec 31, 2025) and $772.78 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Liabilities and Shareholders Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,180.92 Bn | 3,938.44 Bn | 73.85 Bn | 921.98 Bn |
| 2 | Meta Platforms | 1,847.76 Bn | 1,550.28 Bn | 49.47 Bn | 449.96 Bn |
| 3 | Netflix | 289.73 Bn | 249.92 Bn | 6.52 Bn | 58.45 Bn |
| 4 | Alibaba Group Holding | 249.81 Bn | 67.68 Bn | 15.11 Bn | 288.16 Bn |
| 5 | Shopify | 192.08 Bn | 169.26 Bn | 1.71 Bn | 14.47 Bn |
| 6 | Uber Technologies | 139.76 Bn | 111.74 Bn | 6.38 Bn | 65.80 Bn |
| 7 | Booking Holdings | 122.41 Bn | 55.46 Bn | - | 29.68 Bn |
| 8 | PDD Holdings | 110.94 Bn | -140.99 Bn | 9.45 Bn | 97.43 Bn |
| 9 | Spotify Technology | 100.32 Bn | 57.56 Bn | 1.86 Bn | 15.98 Bn |
| 10 | Zhihu | 292.48 Mn | -1.98 Bn | 57.98 Mn | 742.16 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 742.16 Mn |
| Mar 31, 2026 | 739.06 Mn |
| Dec 31, 2025 | 731.87 Mn |
| Sep 30, 2025 | 772.78 Mn |
| Jun 30, 2025 | 802.19 Mn |
| Mar 31, 2025 | 783.15 Mn |
| Dec 31, 2024 | 798.12 Mn |
| Sep 30, 2024 | 856.22 Mn |
| Jun 30, 2024 | 840.52 Mn |
| Mar 31, 2024 | 905.14 Mn |
| Dec 31, 2023 | 943.78 Mn |
| Sep 30, 2023 | 974.41 Mn |
| Jun 30, 2023 | 1.05 Bn |
| Mar 31, 2023 | 1.11 Bn |
| Dec 31, 2022 | 1.08 Bn |
| Sep 30, 2022 | 1.12 Bn |
| Jun 30, 2022 | 1.27 Bn |
| Mar 31, 2022 | 1.33 Bn |
| Dec 31, 2021 | 1.38 Bn |
| Sep 30, 2021 | 1.36 Bn |
API Access
Zhihu Liabilities and Shareholders Equity 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=liabilities-and-shareholders-equity&ticker=ZH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "liabilities-and-shareholders-equity", "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=liabilities-and-shareholders-equity&ticker=ZH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();