Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Consolidated Net IncomeCost of RevenueEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome from Non-Controlling InterestsIncome towards Parent CompanyInterest & Investment IncomeNet Income - MinorityNet Income towards Common StockholdersNon Operating IncomeOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesProfit After TaxResearch & DevelopmentRevenueSelling, General & AdministrativeShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax RateTax Rate
Others
Ratios

Zhihu (ZH) Operating Expenses (2020 - 2025)

Zhihu's Operating Expenses history spans 6 years, with the latest figure at -$87.0 billion for Q4 2025.

  • On a quarterly basis, Operating Expenses fell 18.23% to -$87.0 billion in Q4 2025 year-over-year; TTM through Dec 2025 was -$232.7 billion, a 214.85% decrease, with the full-year FY2025 number at $308.2 million, down 15.5% from a year prior.
  • Operating Expenses hit -$87.0 billion in Q4 2025 for Zhihu, down from -$70.3 billion in the prior quarter.
  • Over the last five years, Operating Expenses for ZH hit a ceiling of $119.9 million in Q4 2023 and a floor of -$87.0 billion in Q4 2025.
  • Historically, Operating Expenses has averaged -$15.4 billion across 5 years, with a median of -$117.4 million in 2022.
  • Biggest five-year swings in Operating Expenses: skyrocketed 200.93% in 2023 and later tumbled 78948.18% in 2025.
  • Tracing ZH's Operating Expenses over 5 years: stood at -$134.2 million in 2021, then increased by 11.47% to -$118.8 million in 2022, then skyrocketed by 200.93% to $119.9 million in 2023, then tumbled by 61500.31% to -$73.6 billion in 2024, then fell by 18.23% to -$87.0 billion in 2025.
  • Business Quant data shows Operating Expenses for ZH at -$87.0 billion in Q4 2025, -$70.3 billion in Q3 2025, and -$75.3 billion in Q2 2025.