Growth Metrics

Zhihu (ZH) Net Margin (2020 - 2025)

Historic Net Margin for Zhihu (ZH) over the last 6 years, with Q2 2025 value amounting to 10.11%.

  • Zhihu's Net Margin rose 189700.0% to 10.11% in Q2 2025 from the same period last year, while for Sep 2025 it was 6.25%, marking a year-over-year increase of 151700.0%. This contributed to the annual value of 4.77% for FY2024, which is 153200.0% up from last year.
  • Zhihu's Net Margin amounted to 10.11% in Q2 2025, which was up 189700.0% from 1.38% recorded in Q1 2025.
  • Zhihu's 5-year Net Margin high stood at 12.9% for Q4 2024, and its period low was 103.55% during Q1 2021.
  • In the last 5 years, Zhihu's Net Margin had a median value of 22.52% in 2023 and averaged 27.85%.
  • Its Net Margin has fluctuated over the past 5 years, first plummeted by -79600bps in 2022, then skyrocketed by 644100bps in 2023.
  • Quarter analysis of 5 years shows Zhihu's Net Margin stood at 37.61% in 2021, then surged by 57bps to 16.13% in 2022, then soared by 43bps to 9.12% in 2023, then soared by 241bps to 12.9% in 2024, then decreased by -22bps to 10.11% in 2025.
  • Its Net Margin stands at 10.11% for Q2 2025, versus 1.38% for Q1 2025 and 12.9% for Q4 2024.