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

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.

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

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Alphabet 4,214.79 Bn 3,785.76 Bn 73.85 Bn 112.11 Bn
2 Meta Platforms 1,535.12 Bn 1,444.86 Bn 49.47 Bn 15.85 Bn
3 Taboola.com 1,135.20 Bn 1,135.07 Bn 139.48 Mn 4.32 Mn
4 Baidu 289.13 Bn 284.64 Bn 1.88 Mn 38.82 Bn
5 Spotify Technology 102.98 Bn 92.74 Bn 1.75 Bn 844.11 Mn
6 Joyy 77.83 Bn 76.94 Bn 205.64 Mn 53.98 Mn
7 BILI Social International 60.58 Bn 60.58 Bn 405,933.00 80,765.00
8 Nebius 49.19 Bn 39.56 Bn 295.20 Mn -5.80 Mn
9 Reddit 30.41 Bn 27.63 Bn 734.60 Mn 252.85 Mn
10 Zhihu 792.14 Mn 316.96 Mn 49.31 Bn -29.84 Bn

Historic Data

Download Data
DateValue
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
Mar 31, 2021 -75.59 Mn