Zhihu (ZH) Operating Income (2020 - 2026)
Zhihu's Operating Income was -$11.19 million in the quarter ended Jun 30, 2026, compared with -$12.7 million a year earlier.
Zhihu (ZH) Operating Income (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Zhihu's Operating Income was -$72.06 million through Jun 30, 2026; for the year ended Dec 31, 2025, it came in at -$72.54 million.
- In earlier years, Operating Income was -$65.91 million in the year ended Dec 31, 2024, -$151.02 million in the year ended Dec 31, 2023, -$232.52 million in the year ended Dec 31, 2022 and -$218.23 million in the year ended Dec 31, 2021.
- Quarterly Operating Income has moved between -$102.25 million (the quarter ended Mar 31, 2022) and $25.09 million (the quarter ended Dec 31, 2023) over five years.
- Per Business Quant data, ZH's Operating Income in the three quarters before the quarter ended Jun 30, 2026 was -$9.12 million (quarter ended Mar 31, 2026), -$37.73 million (quarter ended Dec 31, 2025) and -$14.02 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,173.87 Bn | 3,931.39 Bn | 73.85 Bn | 40.77 Bn |
| 2 | Meta Platforms | 1,849.67 Bn | 1,552.19 Bn | 49.47 Bn | 18.78 Bn |
| 3 | Netflix | 279.23 Bn | 239.43 Bn | 6.52 Bn | 4.19 Bn |
| 4 | Alibaba Group Holding | 245.86 Bn | 63.73 Bn | 15.11 Bn | 2.23 Bn |
| 5 | Shopify | 196.08 Bn | 173.27 Bn | 1.71 Bn | 488.00 Mn |
| 6 | Uber Technologies | 138.90 Bn | 110.88 Bn | 6.38 Bn | 1.89 Bn |
| 7 | Booking Holdings | 119.48 Bn | 52.53 Bn | - | 2.50 Bn |
| 8 | PDD Holdings | 107.30 Bn | -144.64 Bn | 9.45 Bn | 4.09 Bn |
| 9 | Spotify Technology | 97.33 Bn | 54.56 Bn | 1.86 Bn | 761.35 Mn |
| 10 | Zhihu | 276.19 Mn | -2.00 Bn | 57.98 Mn | -11.19 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -11.19 Mn |
| Mar 31, 2026 | -9.12 Mn |
| Dec 31, 2025 | -37.73 Mn |
| Sep 30, 2025 | -14.02 Mn |
| Jun 30, 2025 | -12.70 Mn |
| Mar 31, 2025 | -7.25 Mn |
| Dec 31, 2024 | 3.17 Mn |
| Sep 30, 2024 | -12.02 Mn |
| Jun 30, 2024 | -25.30 Mn |
| Mar 31, 2024 | -31.13 Mn |
| Dec 31, 2023 | 25.09 Mn |
| Sep 30, 2023 | -47.99 Mn |
| Jun 30, 2023 | -45.13 Mn |
| Mar 31, 2023 | -31.56 Mn |
| Dec 31, 2022 | -31.36 Mn |
| Sep 30, 2022 | -39.16 Mn |
| Jun 30, 2022 | -68.77 Mn |
| Mar 31, 2022 | -102.25 Mn |
| Dec 31, 2021 | -58.88 Mn |
| Sep 30, 2021 | -50.05 Mn |
Zhihu Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=ZH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "ZH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=ZH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();