Zhihu (ZH) Non Operating Income (2020 - 2025)
Zhihu's (ZH) quarterly Non Operating Income came in at -$356.0 million in Q4 2025, down 2362.99% year-on-year from $15.7 million in Q4 2024, and down 551.66% quarter-over-quarter from -$54.6 million in Q3 2025.
Zhihu (ZH) Non Operating Income (2020 - 2025) Analysis & Trends
Zhihu has disclosed Non Operating Income across 6 years of filings, most recently posting -$356.0 million for Q4 2025.
- Non Operating Income for Q4 2025 came in at -$356.0 million, down 2362.99% year-over-year; the trailing twelve-month figure through Dec 2025 was $3.9 billion (up 17996.49% YoY), and the FY2025 annual result was $4.4 million, down 25.45% from the prior year.
- Non Operating Income came in at -$356.0 million for Q4 2025 at Zhihu, down from -$54.6 million in the prior quarter.
- In the past five years, Non Operating Income ranged from a high of $4.3 billion in Q2 2025 to a low of -$356.0 million in Q4 2025.
- The 5-year median for Non Operating Income is $639272.1 (2022), against an average of $198.1 million.
- Peak annual rise in Non Operating Income reached 197894.53% in 2025, while the deepest fall reached 2362.99% in 2025.
- Zhihu's Non Operating Income stood at -$2.0 million in 2021, then jumped by 142.16% to $857544.3 in 2022, then surged by 146.87% to $2.1 million in 2023, then surged by 643.1% to $15.7 million in 2024, then tumbled by 2362.99% to -$356.0 million in 2025.
- The last three Non Operating Income figures came in at -$356.0 million (Q4 2025), -$54.6 million (Q3 2025), and $4.3 billion (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Op. Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn | 19.90 Mn |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn | 37.72 Bn |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn | -1.12 Bn |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn | 259.91 Mn |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 22.82 Mn | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | -994,000.00 | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn | 2.81 Bn |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn | -1.01 Mn |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn | - |
| 10 | Zhihu | 105.93 Mn | -359.25 Mn | 49.31 Bn | -356.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -356.00 Mn |
| Sep 30, 2025 | -54.63 Mn |
| Jun 30, 2025 | 4.34 Bn |
| Mar 31, 2025 | 331,000.00 |
| Dec 31, 2024 | 15.73 Mn |
| Sep 30, 2024 | 3.39 Mn |
| Jun 30, 2024 | 2.19 Mn |
| Mar 31, 2024 | 421,000.00 |
| Dec 31, 2023 | 2.12 Mn |
| Sep 30, 2023 | 3.73 Mn |
| Jun 30, 2023 | 89,000.00 |
| Mar 31, 2023 | 922,000.00 |
| Dec 31, 2022 | 857,544.27 |
| Sep 30, 2022 | -428,000.00 |
| Jun 30, 2022 | 149,000.00 |
| Mar 31, 2022 | 304,000.00 |
| Dec 31, 2021 | -2.03 Mn |
| Sep 30, 2021 | 1.19 Mn |
| Jun 30, 2021 | -786,000.00 |
| Mar 31, 2021 | 917,000.00 |