Zhihu (ZH) Net Income towards Common Stockholders (2020 - 2025)

Zhihu's (ZH) quarterly Net Income towards Common Stockholders came in at -$32.3 billion in Q4 2025, down 386.34% year-on-year from $11.3 billion in Q4 2024, and down 413.55% quarter-over-quarter from -$6.3 billion in Q3 2025.

Zhihu (ZH) Net Income towards Common Stockholders (2020 - 2025) Analysis & Trends

Zhihu has disclosed Net Income towards Common Stockholders across 6 years of filings, most recently posting -$32.3 billion for Q4 2025.

  • Net Income towards Common Stockholders for Q4 2025 came in at -$32.3 billion, down 386.34% year-over-year; the trailing twelve-month figure through Dec 2025 was -$20.5 billion (down 299.65% YoY), and the FY2025 annual result was -$27.6 million, down 17.19% from the prior year.
  • Net Income towards Common Stockholders came in at -$32.3 billion for Q4 2025 at Zhihu, down from -$6.3 billion in the prior quarter.
  • In the past five years, Net Income towards Common Stockholders ranged from a high of $18.1 billion in Q2 2025 to a low of -$32.3 billion in Q4 2025.
  • The 5-year median for Net Income towards Common Stockholders is -$38.0 million (2023), against an average of -$535.6 million.
  • Across the five-year window, Net Income towards Common Stockholders soared 89101.81% in 2024 and slumped 414646.77% in 2025, its largest moves.
  • Zhihu's Net Income towards Common Stockholders stood at -$59.2 million in 2021, then soared by 68.15% to -$18.9 million in 2022, then surged by 32.73% to -$12.7 million in 2023, then jumped by 89101.81% to $11.3 billion in 2024, then slumped by 386.34% to -$32.3 billion in 2025.
  • The last three Net Income towards Common Stockholders figures came in at -$32.3 billion (Q4 2025), -$6.3 billion (Q3 2025), and $18.1 billion (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn 620.20 Mn
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn 62.58 Bn
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn 26.77 Bn
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn 844.11 Mn
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 203.98 Mn
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn -73.59 Mn
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn 167.69 Bn
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn -88.96 Mn
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn 46.00 Mn
10 Zhihu 105.93 Mn -359.25 Mn 49.31 Bn -32.32 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 -32.32 Bn
Sep 30, 2025 -6.29 Bn
Jun 30, 2025 18.12 Bn
Mar 31, 2025 -33.48 Mn
Dec 31, 2024 11.29 Bn
Sep 30, 2024 -1.52 Mn
Jun 30, 2024 -987.72 Mn
Mar 31, 2024 -18.79 Mn
Dec 31, 2023 -12.68 Mn
Sep 30, 2023 -38.23 Mn
Jun 30, 2023 -37.84 Mn
Mar 31, 2023 -17.50 Mn
Dec 31, 2022 -18.85 Mn
Sep 30, 2022 -41.09 Mn
Jun 30, 2022 -70.81 Mn
Mar 31, 2022 -57.89 Mn
Dec 31, 2021 -59.20 Mn
Sep 30, 2021 -41.78 Mn
Jun 30, 2021 -49.24 Mn
Mar 31, 2021 -23.36 Mn