Zhihu (ZH) Shares Outstanding (Weighted Average) (2019 - 2025)

Zhihu has disclosed Shares Outstanding (Weighted Average) across 7 years of filings, most recently posting $33.8 million for Q4 2025.

• Shares Outstanding (Weighted Average) for Q4 2025 came in at $33.8 million, down 11.13% year-over-year; the trailing twelve-month figure through Dec 2025 was $33.8 million (down 11.13% YoY), and the FY2025 annual result was $33.8 million, down 11.13% from the prior year.
• Shares Outstanding (Weighted Average) came in at $33.8 million for Q4 2025 at Zhihu, up from $33.5 million in the prior quarter.
• In the past five years, Shares Outstanding (Weighted Average) ranged from a high of $47.3 million in Q1 2022 to a low of $41.48 in Q2 2025.
• The 5-year median for Shares Outstanding (Weighted Average) is $39.2 million (2024), against an average of $36.6 million.
• Across the five-year window, Shares Outstanding (Weighted Average) jumped 380.04% in 2021 and sank 100.0% in 2025, its largest moves.
• Zhihu's Shares Outstanding (Weighted Average) stood at $37.6 million in 2021, then grew by 14.1% to $42.9 million in 2022, then dropped by 3.07% to $41.5 million in 2023, then dropped by 8.33% to $38.1 million in 2024, then fell by 11.13% to $33.8 million in 2025.
• The last three Shares Outstanding (Weighted Average) figures came in at $33.8 million (Q4 2025), $33.5 million (Q3 2025), and $41.48 (Q2 2025), per Business Quant data.