Zhihu (ZH) Revenue (2020 - 2025)

Zhihu (ZH) has 6 years of Revenue data on file, last reported at $92.0 billion in Q4 2025.

• Quarterly Revenue fell 23.07% year-over-year to $92.0 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $283.3 billion (up 136.09% YoY) and the FY2025 annual result came in at $393.1 million, down 20.27% from the prior year.
• Revenue was little changed at $92.0 billion in Q4 2025 per ZH's latest filing, from $92.1 billion in the prior quarter.
• The five-year high for Revenue was $119.6 billion in Q4 2024, with the low at $73.0 million in Q1 2021.
• Average Revenue over 5 years is $20.2 billion, with a median of $136.6 million recorded in 2023.
• The widest YoY moves for Revenue: up 77032.19% in 2025, down 24.44% in 2025.
• Zhihu's Revenue stood at $159.9 million in 2021, then decreased by 2.07% to $156.6 million in 2022, then advanced by 2.36% to $160.3 million in 2023, then surged by 74508.34% to $119.6 billion in 2024, then retreated by 23.07% to $92.0 billion in 2025.
• Business Quant data shows ZH's Revenue at $92.0 billion in Q4 2025, $92.1 billion in Q3 2025, and $99.1 billion in Q2 2025.