Zhihu Inc. (ZH) Payables (2019 - 2025)

Zhihu (ZH) has 7 years of Payables data on file, last reported at $101.0 million in Q4 2025.

• Quarterly Payables fell 13.19% year-over-year to $101.0 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $101.0 million (down 13.19% YoY) and the FY2025 annual result came in at $99.7 million, down 12.94% from the prior year.
• Payables retreated to $101.0 million in Q4 2025 per ZH's latest filing, from $110.9 million in the prior quarter.
• The five-year high for Payables was $181.1 million in Q2 2022, with the low at $92.8 million in Q1 2021.
• Average Payables over 5 years is $133.0 million, with a median of $131.9 million recorded in 2023.
• Year-over-year, Payables surged 112.03% in 2021 and fell 23.54% in 2025.
• Zhihu's Payables stood at $160.6 million in 2021, then slipped by 19.77% to $128.8 million in 2022, then advanced by 11.98% to $144.2 million in 2023, then fell by 19.34% to $116.3 million in 2024, then dropped by 13.19% to $101.0 million in 2025.
• Business Quant data shows ZH's Payables at $101.0 million in Q4 2025, $110.9 million in Q3 2025, and $128.1 million in Q2 2025.