Zhihu (ZH) Net Income towards Common Stockholders (2020 - 2026)
Zhihu (ZH) posted Net Income towards Common Stockholders of -$29.8 billion for Q4 2025, down 357.69% sequentially from -$6.5 billion in Q3 2025, and down 348.4% YoY from $12.0 billion in Q4 2024.
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Zhihu (ZH) Net Income towards Common Stockholders (2020 - 2026) Analysis & Trends
Zhihu has reported Net Income towards Common Stockholders for 6 years, with the latest figure at -$29.8 billion in Q4 2025.
- Quarterly Net Income towards Common Stockholders fell 348.4% year-over-year to -$29.8 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$26.2 billion (down 319.1% YoY) and the FY2025 annual result came in at -$27.6 million, down 17.19% from the prior year.
- Net Income towards Common Stockholders slipped to -$29.8 billion in Q4 2025 per ZH's latest filing, from -$6.5 billion in the prior quarter.
- Over five years, Net Income towards Common Stockholders peaked at $12.0 billion in Q4 2024 and troughed at -$29.8 billion in Q4 2025.
- A 5-year average of -$740.7 million and a median of -$38.4 million in 2023 frame the typical range for Net Income towards Common Stockholders.
- The widest YoY moves for Net Income towards Common Stockholders: up 88955.71% in 2025, down 435922.62% in 2025.
- Over 5 years, Net Income towards Common Stockholders stood at -$60.1 million in 2021, then surged by 58.0% to -$25.3 million in 2022, then surged by 157.86% to $14.6 million in 2023, then jumped by 82069.37% to $12.0 billion in 2024, then slumped by 348.4% to -$29.8 billion in 2025.
- According to Business Quant data, Net Income towards Common Stockholders over the past three periods registered -$29.8 billion, -$6.5 billion, and $10.1 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 | 112.11 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 | -14.38 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 252.85 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | 50.48 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | 362.89 Mn |
| 8 | 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
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -1.23 Bn |
| Dec 31, 2025 | -29.84 Bn |
| Sep 30, 2025 | -6.52 Bn |
| Jun 30, 2025 | 10.12 Bn |
| Mar 31, 2025 | -1.39 Mn |
| Dec 31, 2024 | 12.01 Bn |
| Sep 30, 2024 | -1.50 Mn |
| Jun 30, 2024 | -11.39 Mn |
| Mar 31, 2024 | -22.83 Mn |
| Dec 31, 2023 | 14.62 Mn |
| Sep 30, 2023 | -38.20 Mn |
| Jun 30, 2023 | -38.59 Mn |
| Mar 31, 2023 | -26.41 Mn |
| Dec 31, 2022 | -25.26 Mn |
| Sep 30, 2022 | -42.20 Mn |
| Jun 30, 2022 | -72.71 Mn |
| Mar 31, 2022 | -96.90 Mn |
| Dec 31, 2021 | -60.15 Mn |
| Sep 30, 2021 | -41.87 Mn |
| Jun 30, 2021 | -49.73 Mn |