Zhihu (ZH) Notes Payables (2019 - 2026)

Zhihu (ZH) posted Notes Payables of $4.9 million for Q4 2025, down 66.7% sequentially from $14.8 million in Q3 2025.

Analysis

Zhihu (ZH) Notes Payables (2019 - 2026) Analysis & Trends

Zhihu has reported Notes Payables for 2 years, with the latest figure at $4.9 million in Q4 2025.

Quarterly Notes Payables changed N/A year-over-year to $4.9 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $4.9 million (changed N/A YoY) and the FY2025 annual result came in at $5.0 million, changed N/A from the prior year.
Notes Payables slipped to $4.9 million in Q4 2025 per ZH's latest filing, from $14.8 million in the prior quarter.
Over five years, Notes Payables peaked at $22.5 million in Q2 2025 and troughed at $4.9 million in Q4 2025.

Peer Set

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)
1	Alphabet	4,083.83 Bn	3,654.79 Bn	73.85 Bn
2	Meta Platforms	1,456.07 Bn	1,365.81 Bn	49.47 Bn
3	Spotify Technology	111.71 Bn	104.79 Bn	1.86 Bn
4	Nebius	50.03 Bn	40.93 Bn	448.70 Mn
5	Reddit	28.44 Bn	25.65 Bn	734.60 Mn
6	Bilibili	13.59 Bn	11.45 Bn	433.97 Mn
7	Tencent Music Entertainment	12.71 Bn	9.21 Bn	582.00 Mn
8	Pinterest	12.21 Bn	10.93 Bn	922.30 Mn
9	Match	9.45 Bn	8.86 Bn	648.84 Mn
10	Zhihu	220.44 Mn	-357.04 Mn	-

Historic Data

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