Zhihu (ZH) Shares Outstanding (2019 - 2026)
Zhihu's Shares Outstanding came in at 80.01 million for the quarter ended Jun 30, 2026, down 12.3% from 91.19 million a year earlier and unchanged from the prior quarter.
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Analysis
Zhihu (ZH) Shares Outstanding (2019 - 2026) Analysis & Trends
Going back to the quarter ended Dec 31, 2019, Zhihu's Shares Outstanding data covers 27 quarters.
- Shares Outstanding has declined in each of the last three years, though with a five-year compound annual growth rate of 29.7% (years ended Dec 2020 to Dec 2025).
- Going back by year, Shares Outstanding was 91.19 million in the year ended Dec 31, 2024 (-8.5%), 99.71 million in the year ended Dec 31, 2023 (-1.9%), 101.61 million in the year ended Dec 31, 2022 (+26.9%) and 80.06 million in the year ended Dec 31, 2021 (+267.9%).
- The five-year range for quarterly Shares Outstanding is 21.76 million (the quarter ended Sep 30, 2021) to 101.61 million (the quarter ended Sep 30, 2023).
- Year-over-year, Shares Outstanding has declined for 11 consecutive quarters, with an average decline of 9.1% over the last eight quarters.
- The fastest year-over-year change in Shares Outstanding over five years came in the quarter ended Sep 30, 2022 (growth of 267.9%), and the weakest in the quarter ended Dec 31, 2025 (a decline of 12.3%).
- Business Quant data shows ZH's Shares Outstanding at 80.01 million (quarter ended Mar 31, 2026), 80.01 million (quarter ended Dec 31, 2025) and 91.19 million (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,180.92 Bn | 3,938.44 Bn | 73.85 Bn | 12.15 Bn |
| 2 | Meta Platforms | 1,847.76 Bn | 1,550.28 Bn | 49.47 Bn | 2.54 Bn |
| 3 | Netflix | 289.73 Bn | 249.92 Bn | 6.52 Bn | 4.19 Bn |
| 4 | Alibaba Group Holding | 249.81 Bn | 67.68 Bn | 15.11 Bn | 2.32 Bn |
| 5 | Shopify | 192.08 Bn | 169.26 Bn | 1.71 Bn | 1.30 Bn |
| 6 | Uber Technologies | 139.76 Bn | 111.74 Bn | 6.38 Bn | 2.04 Bn |
| 7 | Booking Holdings | 122.41 Bn | 55.46 Bn | - | 768.00 Mn |
| 8 | PDD Holdings | 110.94 Bn | -140.99 Bn | 9.45 Bn | 1.40 Bn |
| 9 | Spotify Technology | 100.32 Bn | 57.56 Bn | 1.86 Bn | 205.41 Mn |
| 10 | Zhihu | 292.48 Mn | -1.98 Bn | 57.98 Mn | 80.01 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 80.01 Mn |
| Mar 31, 2026 | 80.01 Mn |
| Dec 31, 2025 | 80.01 Mn |
| Sep 30, 2025 | 91.19 Mn |
| Jun 30, 2025 | 91.19 Mn |
| Mar 31, 2025 | 91.19 Mn |
| Dec 31, 2024 | 91.19 Mn |
| Sep 30, 2024 | 99.71 Mn |
| Jun 30, 2024 | 99.71 Mn |
| Mar 31, 2024 | 99.71 Mn |
| Dec 31, 2023 | 99.71 Mn |
| Sep 30, 2023 | 101.61 Mn |
| Jun 30, 2023 | 101.61 Mn |
| Mar 31, 2023 | 101.61 Mn |
| Dec 31, 2022 | 101.61 Mn |
| Sep 30, 2022 | 80.06 Mn |
| Jun 30, 2022 | 80.06 Mn |
| Mar 31, 2022 | 80.06 Mn |
| Dec 31, 2021 | 80.06 Mn |
| Sep 30, 2021 | 21.76 Mn |
API Access
Zhihu Shares Outstanding 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=shares-outstanding&ticker=ZH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=ZH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();