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.
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Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,126.42 Bn | 3,883.94 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,763.57 Bn | 1,466.09 Bn | 49.47 Bn |
| 3 | Netflix | 287.17 Bn | 247.37 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 252.08 Bn | 65.86 Bn | 15.11 Bn |
| 5 | Shopify | 224.54 Bn | 201.72 Bn | 1.71 Bn |
| 6 | Uber Technologies | 140.28 Bn | 112.08 Bn | 6.38 Bn |
| 7 | Booking Holdings | 125.81 Bn | 58.86 Bn | - |
| 8 | PDD Holdings | 114.10 Bn | -129.68 Bn | 9.45 Bn |
| 9 | Spotify Technology | 108.24 Bn | 65.74 Bn | 1.86 Bn |
| 10 | Zhihu | 281.65 Mn | -2.05 Bn | 57.98 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 60.09 Mn |
| Mar 31, 2026 | 56.51 Mn |
| Dec 31, 2025 | 51.17 Mn |
| Sep 30, 2025 | 45.83 Mn |
| Jun 30, 2025 | 49.79 Mn |
| Mar 31, 2025 | 59.15 Mn |
| Dec 31, 2024 | 57.64 Mn |
| Sep 30, 2024 | 63.45 Mn |
| Jun 30, 2024 | 73.33 Mn |
| Mar 31, 2024 | 88.39 Mn |
| Dec 31, 2023 | 93.52 Mn |
| Sep 30, 2023 | 85.56 Mn |
| Jun 30, 2023 | 103.61 Mn |
| Mar 31, 2023 | 110.43 Mn |
| Dec 31, 2022 | 119.81 Mn |
| Sep 30, 2022 | 104.39 Mn |
| Jun 30, 2022 | 124.25 Mn |
| Mar 31, 2022 | 128.02 Mn |
| Dec 31, 2021 | 130.51 Mn |
| Sep 30, 2021 | 108.56 Mn |
API Access
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_KEYimport 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();