Zhihu (ZH) Shares Outstanding (Diluted) (2019 - 2026)
Zhihu (ZH) recorded Shares Outstanding (Diluted) of 80.01 million in 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 (Diluted) (2019 - 2026) Analysis & Trends
Starting with the quarter ended Dec 31, 2019, Zhihu's Shares Outstanding (Diluted) history includes 27 quarters.
- Annual Shares Outstanding (Diluted) has declined for three straight years, though with a five-year compound annual growth rate of 29.7% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Shares Outstanding (Diluted) came in at 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%).
- Quarterly Shares Outstanding (Diluted) has ranged from 21.76 million in the quarter ended Sep 30, 2021 to 101.61 million in the quarter ended Sep 30, 2023 over the past five years.
- On a year-over-year basis, Shares Outstanding (Diluted) has declined for 11 consecutive quarters, with an average decline of 9.1% over the last eight quarters.
- Peak year-over-year performance for Shares Outstanding (Diluted) in the last five years was growth of 267.9% in the quarter ended Sep 30, 2022, against a decline of 12.3% in the quarter ended Dec 31, 2025 at the low end.
- Per Business Quant, the preceding three quarters came in 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).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,180.92 Bn | 3,938.44 Bn | 73.85 Bn | 12.31 Bn |
| 2 | Meta Platforms | 1,847.76 Bn | 1,550.28 Bn | 49.47 Bn | 2.57 Bn |
| 3 | Netflix | 289.73 Bn | 249.92 Bn | 6.52 Bn | 4.26 Bn |
| 4 | Alibaba Group Holding | 249.81 Bn | 67.68 Bn | 15.11 Bn | 2.40 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 | 2.05 Bn |
| 7 | Booking Holdings | 122.41 Bn | 55.46 Bn | - | 770.00 Mn |
| 8 | PDD Holdings | 110.94 Bn | -140.99 Bn | 9.45 Bn | 1.48 Bn |
| 9 | Spotify Technology | 100.32 Bn | 57.56 Bn | 1.86 Bn | 210.51 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 (Diluted) 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-diluted&ticker=ZH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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-diluted&ticker=ZH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();