Zhihu (ZH) Profit After Tax (2020 - 2026)
Zhihu (ZH) posted Profit After Tax of -$30.1 billion for Q4 2025, down 361.55% sequentially from -$6.5 billion in Q3 2025, and down 350.6% YoY from $12.0 billion in Q4 2024.
Analysis
Zhihu (ZH) Profit After Tax (2020 - 2026) Analysis & Trends
Zhihu has reported Profit After Tax for 6 years, with the latest figure at -$30.1 billion in Q4 2025.
- Quarterly Profit After Tax fell 350.6% year-over-year to -$30.1 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$26.6 billion (down 321.44% YoY) and the FY2025 annual result came in at -$27.9 million, down 20.55% from the prior year.
- Profit After Tax fell to -$30.1 billion in Q4 2025 per ZH's latest filing, from -$6.5 billion in the prior quarter.
- Over five years, Profit After Tax peaked at $12.0 billion in Q4 2024 and troughed at -$30.1 billion in Q4 2025.
- A 5-year average of -$754.5 million and a median of -$38.3 million in 2023 frame the typical range for Profit After Tax.
- The widest YoY moves for Profit After Tax: up 91318.9% in 2025, down 510520.28% in 2025.
- Over 5 years, Profit After Tax stood at -$60.1 million in 2021, then surged by 58.03% to -$25.2 million in 2022, then jumped by 157.54% to $14.5 million in 2023, then jumped by 82722.95% to $12.0 billion in 2024, then slumped by 350.6% to -$30.1 billion in 2025.
- According to Business Quant data, Profit After Tax over the past three periods registered -$30.1 billion, -$6.5 billion, and $10.1 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 112.19 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 15.85 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 633.49 Mn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 10.34 Bn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 252.85 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | 49.80 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | 376.00 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | -46.67 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 170.55 Mn |
| 10 | Zhihu | 220.44 Mn | -357.04 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -1.24 Bn |
| Dec 31, 2025 | -30.14 Bn |
| Sep 30, 2025 | -6.53 Bn |
| Jun 30, 2025 | 10.12 Bn |
| Mar 31, 2025 | -1.39 Mn |
| Dec 31, 2024 | 12.03 Bn |
| Sep 30, 2024 | -1.28 Mn |
| Jun 30, 2024 | -11.09 Mn |
| Mar 31, 2024 | -22.96 Mn |
| Dec 31, 2023 | 14.52 Mn |
| Sep 30, 2023 | -38.16 Mn |
| Jun 30, 2023 | -38.49 Mn |
| Mar 31, 2023 | -26.06 Mn |
| Dec 31, 2022 | -25.24 Mn |
| Sep 30, 2022 | -41.83 Mn |
| Jun 30, 2022 | -72.71 Mn |
| Mar 31, 2022 | -96.90 Mn |
| Dec 31, 2021 | -60.15 Mn |
| Sep 30, 2021 | -41.87 Mn |
| Jun 30, 2021 | -49.73 Mn |