Growth Metrics

Zhihu (ZH) Operating Income (2020 - 2025)

Zhihu's Operating Income history spans 6 years, with the latest figure at -$37.7 billion for Q4 2025.

  • On a quarterly basis, Operating Income fell 2384.11% to -$37.7 billion in Q4 2025 year-over-year; TTM through Dec 2025 was -$64.4 billion, a 4166.28% decrease, with the full-year FY2025 number at -$72.5 million, down 10.06% from a year prior.
  • Operating Income hit -$37.7 billion in Q4 2025 for Zhihu, down from -$13.9 billion in the prior quarter.
  • Over the last five years, Operating Income for ZH hit a ceiling of $1.7 billion in Q4 2024 and a floor of -$37.7 billion in Q4 2025.
  • Historically, Operating Income has averaged -$3.2 billion across 5 years, with a median of -$46.6 million in 2023.
  • Biggest five-year swings in Operating Income: skyrocketed 6482.98% in 2024 and later crashed 115961.43% in 2025.
  • Tracing ZH's Operating Income over 5 years: stood at -$58.9 million in 2021, then soared by 48.35% to -$30.4 million in 2022, then skyrocketed by 182.51% to $25.1 million in 2023, then skyrocketed by 6482.98% to $1.7 billion in 2024, then tumbled by 2384.11% to -$37.7 billion in 2025.
  • Business Quant data shows Operating Income for ZH at -$37.7 billion in Q4 2025, -$13.9 billion in Q3 2025, and -$12.7 billion in Q2 2025.