Growth Metrics

Zhihu (ZH) Non Operating Income (2020 - 2025)

Zhihu's Non Operating Income history spans 6 years, with the latest figure at -$356.0 million for Q4 2025.

  • On a quarterly basis, Non Operating Income fell 2362.99% to -$356.0 million in Q4 2025 year-over-year; TTM through Dec 2025 was $3.9 billion, a 17996.49% increase, with the full-year FY2025 number at $4.4 million, down 25.45% from a year prior.
  • Non Operating Income hit -$356.0 million in Q4 2025 for Zhihu, down from -$54.6 million in the prior quarter.
  • Over the last five years, Non Operating Income for ZH hit a ceiling of $4.3 billion in Q2 2025 and a floor of -$356.0 million in Q4 2025.
  • Historically, Non Operating Income has averaged $198.1 million across 5 years, with a median of $639272.1 in 2022.
  • The widest YoY moves for Non Operating Income: up 197894.53% in 2025, down 2362.99% in 2025.
  • Tracing ZH's Non Operating Income over 5 years: stood at -$2.0 million in 2021, then surged by 142.16% to $857544.3 in 2022, then soared by 146.87% to $2.1 million in 2023, then soared by 643.1% to $15.7 million in 2024, then tumbled by 2362.99% to -$356.0 million in 2025.
  • Business Quant data shows Non Operating Income for ZH at -$356.0 million in Q4 2025, -$54.6 million in Q3 2025, and $4.3 billion in Q2 2025.