Zhihu (ZH) Operating Leases (2021 - 2026)
Zhihu (ZH) posted Operating Leases of $768,000 for the quarter ended Jun 30, 2026, down 79.9% from $3.82 million a year earlier and down 43.3% from the prior quarter.
Powered by 
Analysis
Zhihu (ZH) Operating Leases (2021 - 2026) Analysis & Trends
As of Dec 31, 2025, Zhihu's Operating Leases came in at $2.23 million, up 792.0% from the prior year.
- Annual Operating Leases shows a four-year compound annual growth rate of -35.5% (years ended Dec 2021 to Dec 2025).
- In prior years, Zhihu's Operating Leases was $250,000 in the year ended Dec 31, 2024 (-51.3%), $513,000 in the year ended Dec 31, 2023 (-91.8%), $6.29 million in the year ended Dec 31, 2022 (-51.2%) and $12.89 million in the year ended Dec 31, 2021.
- The figure for the quarter ended Jun 30, 2026 stands as the lowest quarterly Operating Leases since the quarter ended Dec 31, 2024.
- On a year-over-year basis, Operating Leases increased in two of the last five quarters, with growth averaging 250.4%.
- The strongest year-over-year quarter for Operating Leases in the past five years was the quarter ended Dec 31, 2025, with growth of 766.2%; the weakest was the quarter ended Sep 30, 2023, with a decline of 93.4%.
- According to Business Quant data, Operating Leases for the three prior quarters was $1.36 million (quarter ended Mar 31, 2026), $2.2 million (quarter ended Dec 31, 2025) and $2.86 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,126.42 Bn | 3,883.94 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,763.57 Bn | 1,466.09 Bn | 49.47 Bn |
| 3 | Netflix | 287.17 Bn | 247.37 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 252.08 Bn | 65.86 Bn | 15.11 Bn |
| 5 | Shopify | 224.54 Bn | 201.72 Bn | 1.71 Bn |
| 6 | Uber Technologies | 140.28 Bn | 112.08 Bn | 6.38 Bn |
| 7 | Booking Holdings | 125.81 Bn | 58.86 Bn | - |
| 8 | PDD Holdings | 114.10 Bn | -129.68 Bn | 9.45 Bn |
| 9 | Spotify Technology | 108.24 Bn | 65.74 Bn | 1.86 Bn |
| 10 | Zhihu | 281.65 Mn | -2.05 Bn | 57.98 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 768,000.00 |
| Mar 31, 2026 | 1.36 Mn |
| Dec 31, 2025 | 2.23 Mn |
| Sep 30, 2025 | 2.86 Mn |
| Jun 30, 2025 | 3.82 Mn |
| Mar 31, 2025 | 4.80 Mn |
| Dec 31, 2024 | 249,791.03 |
| Sep 30, 2024 | 375,000.00 |
| Jun 30, 2024 | 285,000.00 |
| Mar 31, 2024 | 396,000.00 |
| Dec 31, 2023 | 512,452.51 |
| Sep 30, 2023 | 501,000.00 |
| Jun 30, 2023 | 2.73 Mn |
| Mar 31, 2023 | 4.90 Mn |
| Dec 31, 2022 | 6.23 Mn |
| Sep 30, 2022 | 7.61 Mn |
| Jun 30, 2022 | 9.98 Mn |
| Mar 31, 2022 | 12.66 Mn |
| Dec 31, 2021 | 12.89 Mn |
| Sep 30, 2021 | 9.66 Mn |
API Access
Zhihu Operating Leases 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-leases&ticker=ZH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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-leases&ticker=ZH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();