Zhihu (ZH) Retained Earnings (2020 - 2025)

Zhihu has disclosed Retained Earnings across 6 years of filings, most recently posting -$1.3 billion for Q4 2025.

• Retained Earnings for Q4 2025 came in at -$1.3 billion, down 74288.63% year-over-year; the trailing twelve-month figure through Dec 2025 was -$1.3 billion (down 74288.63% YoY), and the FY2025 annual result was -$4.8 million, up 99.6% from the prior year.
• Retained Earnings came in at -$1.3 billion for Q4 2025 at Zhihu, down from $1.7 million in the prior quarter.
• In the past five years, Retained Earnings ranged from a high of $1.7 million in Q4 2024 to a low of -$1.3 billion in Q4 2025.
• The 5-year median for Retained Earnings is -$53.0 million (2021), against an average of -$509.8 million.
• Across the five-year window, Retained Earnings surged 100.14% in 2024 and sank 74288.63% in 2025, its largest moves.
• Zhihu's Retained Earnings stood at -$53.0 million in 2021, then soared by 82.56% to -$9.3 million in 2022, then slumped by 12971.32% to -$1.2 billion in 2023, then soared by 100.14% to $1.7 million in 2024, then tumbled by 74288.63% to -$1.3 billion in 2025.
• The last three Retained Earnings figures came in at -$1.3 billion (Q4 2025), $1.7 million (Q4 2024), and -$1.2 billion (Q4 2023), per Business Quant data.