Zhihu ZH
NYSE ZH
$2.77 -0.08 (-2.98%)
As of: Aug 31, 2026 · 3:59 PM EDT

Zhihu (ZH) Net Income (2020 - 2026)

Zhihu (ZH) posted Net Income of -$32.3 billion for Q4 2025, down 413.55% sequentially from -$6.3 billion in Q3 2025, and down 386.33% YoY from $11.3 billion in Q4 2024.

Analysis

Zhihu (ZH) Net Income (2020 - 2026) Analysis & Trends

Zhihu has reported Net Income for 6 years, with the latest figure at -$32.3 billion in Q4 2025.

  • Quarterly Net Income fell 386.33% year-over-year to -$32.3 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$20.7 billion (down 301.39% YoY) and the FY2025 annual result came in at -$27.5 million, down 16.73% from the prior year.
  • Net Income declined to -$32.3 billion in Q4 2025 per ZH's latest filing, from -$6.3 billion in the prior quarter.
  • Over five years, Net Income peaked at $18.0 billion in Q2 2025 and troughed at -$32.3 billion in Q4 2025.
  • A 5-year average of -$547.0 million and a median of -$40.0 million in 2022 frame the typical range for Net Income.
  • The sharpest annual moves came in 2024 and 2025: Net Income soared 74121.46% in 2024, then slumped 414646.77% in 2025.
  • Over 5 years, Net Income stood at -$59.2 million in 2021, then soared by 58.02% to -$24.9 million in 2022, then jumped by 161.19% to $15.2 million in 2023, then jumped by 74121.46% to $11.3 billion in 2024, then sank by 386.33% to -$32.3 billion in 2025.
  • According to Business Quant data, Net Income over the past three periods registered -$32.3 billion, -$6.3 billion, and $18.0 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Alphabet 4,083.83 Bn 3,654.79 Bn 73.85 Bn 112.19 Bn
2 Meta Platforms 1,456.07 Bn 1,365.81 Bn 49.47 Bn 15.85 Bn
3 Spotify Technology 111.71 Bn 104.79 Bn 1.86 Bn 633.49 Mn
4 Nebius 50.03 Bn 40.93 Bn 448.70 Mn -680,000.00
5 Reddit 28.44 Bn 25.65 Bn 734.60 Mn 252.85 Mn
6 Bilibili 13.59 Bn 11.45 Bn 433.97 Mn 59.32 Mn
7 Tencent Music Entertainment 12.71 Bn 9.21 Bn 582.00 Mn 525.91 Mn
8 Pinterest 12.21 Bn 10.93 Bn 922.30 Mn -46.67 Mn
9 Match 9.45 Bn 8.86 Bn 648.84 Mn 170.55 Mn
10 Zhihu 220.44 Mn -357.04 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 -769.00 Mn
Dec 31, 2025 -32.32 Bn
Sep 30, 2025 -6.29 Bn
Jun 30, 2025 18.12 Bn
Mar 31, 2025 -1.45 Bn
Dec 31, 2024 11.29 Bn
Sep 30, 2024 -1.52 Mn
Jun 30, 2024 -13.08 Bn
Mar 31, 2024 -22.83 Mn
Dec 31, 2023 13.14 Mn
Sep 30, 2023 -38.56 Mn
Jun 30, 2023 -39.18 Mn
Mar 31, 2023 -24.75 Mn
Dec 31, 2022 -24.47 Mn
Sep 30, 2022 -42.73 Mn
Jun 30, 2022 -71.92 Mn
Mar 31, 2022 -96.03 Mn
Dec 31, 2021 -59.20 Mn
Sep 30, 2021 -41.78 Mn
Jun 30, 2021 -49.24 Mn