Zhihu (ZH) Shares Outstanding (2019 - 2026)

Zhihu has reported Shares Outstanding (Entity) for 7 years, with the latest figure at $240.0 million in Q4 2025.

• Quarterly Shares Outstanding (Entity) fell 12.25% year-over-year to $240.0 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $240.0 million (down 12.25% YoY) and the FY2025 annual result came in at $240.0 million, down 12.25% from the prior year.
• Shares Outstanding (Entity) steadied at $240.0 million in Q4 2025 per ZH's latest filing, from $239.5 million in the prior quarter.
• Over five years, Shares Outstanding (Entity) peaked at $1.8 billion in Q2 2022 and troughed at $239.5 million in Q3 2025.
• A 5-year average of $1.1 billion and a median of $1.6 billion in 2021 frame the typical range for Shares Outstanding (Entity).
• The sharpest annual moves came in 2021 and 2024: Shares Outstanding (Entity) surged 352.63% in 2021, then plunged 84.76% in 2024.
• Over 5 years, Shares Outstanding (Entity) stood at $1.4 billion in 2021, then increased by 26.92% to $1.8 billion in 2022, then retreated by 1.87% to $1.8 billion in 2023, then tumbled by 84.76% to $273.6 million in 2024, then declined by 12.25% to $240.0 million in 2025.
• According to Business Quant data, Shares Outstanding (Entity) over the past three periods registered $240.0 million, $239.5 million, and $242.6 million for Q4 2025, Q3 2025, and Q2 2025 respectively.