Zhihu (ZH) Revenue (2020 - 2026)
Zhihu's Revenue was $101.71 million in the quarter ended Jun 30, 2026, up 1.6% from $100.08 million a year earlier and up 7.7% from the prior quarter.
Zhihu (ZH) Revenue (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Zhihu's Revenue was $380.75 million through Jun 30, 2026, down 13.2% year-over-year; for the year ended Dec 31, 2025, it was $393.1 million, down 20.3% from the prior year.
- Revenue shows a five-year compound annual growth rate of 14.9% (years ended Dec 2020 to Dec 2025).
- In earlier years, Revenue was $493.05 million in the year ended Dec 31, 2024 (-16.6%), $591.4 million in the year ended Dec 31, 2023 (+13.2%), $522.66 million in the year ended Dec 31, 2022 (+12.6%) and $464.38 million in the year ended Dec 31, 2021 (+136.9%).
- The figure for the quarter ended Jun 30, 2026 marks the highest quarterly Revenue since the quarter ended Dec 31, 2024.
- Compared with a year earlier, Revenue was higher in 1 of the last eight quarters, with an average decline of 17.1%.
- The best year-over-year quarter for Revenue over five years was the quarter ended Sep 30, 2021 (growth of 131.1%); the worst was the quarter ended Dec 31, 2024 (a decline of 26.6%).
- Per Business Quant data, ZH's Revenue in the three quarters before the quarter ended Jun 30, 2026 was $94.46 million (quarter ended Mar 31, 2026), $92.02 million (quarter ended Dec 31, 2025) and $92.56 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | 119.80 Bn |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | 60.80 Bn |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | 12.56 Bn |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn | 39.64 Bn |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn | 3.58 Bn |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | 14.19 Bn |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | 7.35 Bn |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | 16.56 Bn |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | 1.92 Bn |
| 10 | Zhihu | 310.41 Mn | -1.96 Bn | 57.98 Mn | 101.71 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 101.71 Mn |
| Mar 31, 2026 | 94.46 Mn |
| Dec 31, 2025 | 92.02 Mn |
| Sep 30, 2025 | 92.56 Mn |
| Jun 30, 2025 | 100.08 Mn |
| Mar 31, 2025 | 100.55 Mn |
| Dec 31, 2024 | 117.71 Mn |
| Sep 30, 2024 | 120.42 Mn |
| Jun 30, 2024 | 128.50 Mn |
| Mar 31, 2024 | 133.08 Mn |
| Dec 31, 2023 | 160.33 Mn |
| Sep 30, 2023 | 140.10 Mn |
| Jun 30, 2023 | 144.00 Mn |
| Mar 31, 2023 | 144.77 Mn |
| Dec 31, 2022 | 161.51 Mn |
| Sep 30, 2022 | 128.17 Mn |
| Jun 30, 2022 | 124.81 Mn |
| Mar 31, 2022 | 117.24 Mn |
| Dec 31, 2021 | 159.94 Mn |
| Sep 30, 2021 | 127.80 Mn |
Zhihu Revenue 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=revenue&ticker=ZH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "revenue", "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=revenue&ticker=ZH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();