Zhihu (ZH) Receivables (2019 - 2025)

Zhihu has disclosed Receivables across 7 years of filings, most recently posting $66.8 million for Q4 2025.

• Receivables for Q4 2025 came in at $66.8 million, down 18.94% year-over-year; the trailing twelve-month figure through Dec 2025 was $66.8 million (down 18.94% YoY), and the FY2025 annual result was $66.8 million, up 5.46% from the prior year.
• Receivables came in at $66.8 million for Q4 2025 at Zhihu, up from $49.2 million in the prior quarter.
• In the past five years, Receivables ranged from a high of $134.2 million in Q1 2022 to a low of $49.2 million in Q3 2025.
• The 5-year median for Receivables is $93.1 million (2021), against an average of $93.3 million.
• Across the five-year window, Receivables surged 75.62% in 2021 and tumbled 33.29% in 2025, its largest moves.
• Zhihu's Receivables stood at $132.5 million in 2021, then fell by 8.82% to $120.8 million in 2022, then fell by 20.1% to $96.5 million in 2023, then slipped by 14.63% to $82.4 million in 2024, then dropped by 18.94% to $66.8 million in 2025.
• The last three Receivables figures came in at $66.8 million (Q4 2025), $49.2 million (Q3 2025), and $52.7 million (Q2 2025), per Business Quant data.