Zhihu (ZH) Receivables - Net (2019 - 2026)

Zhihu has reported Receivables - Net for 7 years, with the latest figure at $50.5 million in Q4 2025.

• Quarterly Receivables - Net fell 36.19% year-over-year to $50.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $50.5 million (down 36.19% YoY) and the FY2025 annual result came in at $51.2 million, down 11.16% from the prior year.
• Receivables - Net advanced to $50.5 million in Q4 2025 per ZH's latest filing, from $45.8 million in the prior quarter.
• Over five years, Receivables - Net peaked at $139.2 million in Q4 2021 and troughed at $45.8 million in Q3 2025.
• A 5-year average of $90.1 million and a median of $88.1 million in 2021 frame the typical range for Receivables - Net.
• The sharpest annual moves came in 2021 and 2025: Receivables - Net surged 89.85% in 2021, then slumped 36.19% in 2025.
• Over 5 years, Receivables - Net stood at $139.2 million in 2021, then declined by 15.76% to $117.3 million in 2022, then retreated by 6.78% to $109.3 million in 2023, then slipped by 27.66% to $79.1 million in 2024, then plunged by 36.19% to $50.5 million in 2025.
• According to Business Quant data, Receivables - Net over the past three periods registered $50.5 million, $45.8 million, and $49.8 million for Q4 2025, Q3 2025, and Q2 2025 respectively.