Zhihu (ZH) Receivables - Net (2019 - 2026)
Zhihu (ZH) recorded Receivables - Net of $60.09 million in the quarter ended Jun 30, 2026, up 20.7% from $49.79 million a year earlier and up 6.3% from the prior quarter.
Zhihu (ZH) Receivables - Net (2019 - 2026) Analysis & Trends
As of Dec 31, 2025, Zhihu reported Receivables - Net of $51.19 million, down 11.2% from the prior year.
- Annual Receivables - Net has declined for four straight years, with a five-year compound annual growth rate of -6.2% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Receivables - Net came in at $57.63 million in the year ended Dec 31, 2024 (-38.4%), $93.61 million in the year ended Dec 31, 2023 (-22.6%), $120.96 million in the year ended Dec 31, 2022 (-7.3%) and $130.5 million in the year ended Dec 31, 2021 (+85.2%).
- The figure for the quarter ended Jun 30, 2026 is the highest quarterly Receivables - Net since the quarter ended Sep 30, 2024.
- On a year-over-year basis, Receivables - Net rose in 1 of the last eight quarters, with an average decline of 19.1%.
- Peak year-over-year performance for Receivables - Net in the last five years was growth of 77.4% in the quarter ended Dec 31, 2021, against a decline of 36.6% in the quarter ended Dec 31, 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $56.51 million (quarter ended Mar 31, 2026), $50.48 million (quarter ended Dec 31, 2025) and $45.83 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn |
| 10 | Zhihu | 310.41 Mn | -1.96 Bn | 57.98 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 60.09 Mn |
| Mar 31, 2026 | 56.51 Mn |
| Dec 31, 2025 | 50.48 Mn |
| Sep 30, 2025 | 45.83 Mn |
| Jun 30, 2025 | 49.79 Mn |
| Mar 31, 2025 | 59.15 Mn |
| Dec 31, 2024 | 58.56 Mn |
| Sep 30, 2024 | 63.45 Mn |
| Jun 30, 2024 | 73.33 Mn |
| Mar 31, 2024 | 88.39 Mn |
| Dec 31, 2023 | 92.31 Mn |
| Sep 30, 2023 | 85.56 Mn |
| Jun 30, 2023 | 103.61 Mn |
| Mar 31, 2023 | 110.43 Mn |
| Dec 31, 2022 | 117.30 Mn |
| Sep 30, 2022 | 104.39 Mn |
| Jun 30, 2022 | 124.25 Mn |
| Mar 31, 2022 | 128.02 Mn |
| Dec 31, 2021 | 130.07 Mn |
| Sep 30, 2021 | 108.56 Mn |
Zhihu Receivables - Net 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=receivables-net&ticker=ZH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables-net", "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=receivables-net&ticker=ZH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();