Zhihu (ZH) Other Operating Expenses (2020 - 2025)
Zhihu (ZH) posted Other Operating Expenses of -$39.4 billion for Q4 2025, up 44.05% sequentially from -$70.3 billion in Q3 2025, and up 46.54% YoY from -$26.9 billion in Q4 2024.
Zhihu (ZH) Other Operating Expenses (2020 - 2025) Analysis & Trends
Zhihu has reported Other Operating Expenses for 6 years, with the latest figure at -$39.4 billion in Q4 2025.
- Quarterly Other Operating Expenses rose 46.54% year-over-year to -$39.4 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$184.3 billion (down 149.63% YoY) and the FY2025 annual result came in at $18.0 billion, up 7988.67% from the prior year.
- Other Operating Expenses improved to -$39.4 billion in Q4 2025 per ZH's latest filing, from -$70.3 billion in the prior quarter.
- Over five years, Other Operating Expenses peaked at $85.3 million in Q4 2023 and troughed at -$74.5 billion in Q2 2025.
- A 5-year average of -$12.9 billion and a median of -$72.4 million in 2022 frame the typical range for Other Operating Expenses.
- The sharpest annual moves came in 2023 and 2025: Other Operating Expenses surged 219.18% in 2023, then sank 129819.66% in 2025.
- Over 5 years, Other Operating Expenses stood at -$73.8 million in 2021, then grew by 2.96% to -$71.6 million in 2022, then soared by 219.18% to $85.3 million in 2023, then slumped by 86369.83% to -$73.6 billion in 2024, then soared by 46.54% to -$39.4 billion in 2025.
- According to Business Quant data, Other Operating Expenses over the past three periods registered -$39.4 billion, -$70.3 billion, and -$74.5 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,228.49 Bn | 3,799.45 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,535.92 Bn | 1,445.66 Bn | 49.47 Bn |
| 3 | Taboola.com | 1,134.89 Bn | 1,134.76 Bn | 139.48 Mn |
| 4 | Baidu | 289.51 Bn | 285.02 Bn | 1.88 Mn |
| 5 | Spotify Technology | 102.68 Bn | 92.45 Bn | 1.75 Bn |
| 6 | Joyy | 77.91 Bn | 77.02 Bn | 205.64 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 |
| 8 | Nebius | 49.37 Bn | 39.74 Bn | 295.20 Mn |
| 9 | 30.48 Bn | 27.69 Bn | 734.60 Mn | |
| 10 | Zhihu | 792.14 Mn | 316.96 Mn | 49.31 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -39.36 Bn |
| Sep 30, 2025 | -70.35 Bn |
| Jun 30, 2025 | -74.55 Bn |
| Mar 31, 2025 | -44.18 Mn |
| Dec 31, 2024 | -73.62 Bn |
| Sep 30, 2024 | -85.94 Mn |
| Jun 30, 2024 | -57.38 Mn |
| Mar 31, 2024 | -66.20 Mn |
| Dec 31, 2023 | 85.33 Mn |
| Sep 30, 2023 | -73.24 Mn |
| Jun 30, 2023 | -74.55 Mn |
| Mar 31, 2023 | -65.13 Mn |
| Dec 31, 2022 | -71.60 Mn |
| Sep 30, 2022 | -67.24 Mn |
| Jun 30, 2022 | -80.73 Mn |
| Mar 31, 2022 | -79.82 Mn |
| Dec 31, 2021 | -73.78 Mn |
| Sep 30, 2021 | -58.15 Mn |
| Jun 30, 2021 | -68.65 Mn |
| Mar 31, 2021 | -52.91 Mn |