Growth Metrics

Zhihu (ZH) Operating Leases (2021 - 2025)

Zhihu's Operating Leases history spans 5 years, with the latest figure at $2.2 million for Q4 2025.

  • On a quarterly basis, Operating Leases rose 766.21% to $2.2 million in Q4 2025 year-over-year; TTM through Dec 2025 was $2.2 million, a 766.21% increase, with the full-year FY2025 number at $2.2 million, up 792.0% from a year prior.
  • Operating Leases hit $2.2 million in Q4 2025 for Zhihu, down from $2.9 million in the prior quarter.
  • Over the last five years, Operating Leases for ZH hit a ceiling of $12.8 million in Q4 2021 and a floor of $253790.3 in Q4 2024.
  • Historically, Operating Leases has averaged $4.9 million across 5 years, with a median of $4.3 million in 2025.
  • Biggest five-year swings in Operating Leases: tumbled 93.42% in 2023 and later skyrocketed 1239.65% in 2025.
  • Tracing ZH's Operating Leases over 5 years: stood at $12.8 million in 2021, then tumbled by 52.53% to $6.1 million in 2022, then tumbled by 91.7% to $505827.9 in 2023, then tumbled by 49.83% to $253790.3 in 2024, then soared by 766.21% to $2.2 million in 2025.
  • Business Quant data shows Operating Leases for ZH at $2.2 million in Q4 2025, $2.9 million in Q3 2025, and $3.8 million in Q2 2025.