Zhihu (ZH) Short-term Investments (2019 - 2026)
Zhihu's Short-term Investments was $149.48 million in the quarter ended Jun 30, 2026, up 31.9% from $113.32 million a year earlier but down 20.0% from the prior quarter.
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Analysis
Zhihu (ZH) Short-term Investments (2019 - 2026) Analysis & Trends
As of Dec 31, 2025, Short-term Investments at Zhihu came in at $120.25 million, up 62.9% from the prior year.
- Short-term Investments shows a five-year compound annual growth rate of -4.5% (years ended Dec 2020 to Dec 2025).
- In earlier years, Short-term Investments was $73.82 million in the year ended Dec 31, 2024 (-70.4%), $249.27 million in the year ended Dec 31, 2023 (+118.4%), $114.14 million in the year ended Dec 31, 2022 (-67.5%) and $351.44 million in the year ended Dec 31, 2021 (+131.7%).
- Quarterly Short-term Investments has moved between $75.01 million (the quarter ended Dec 31, 2024) and $428.91 million (the quarter ended Mar 31, 2022) over five years.
- Compared with a year earlier, Short-term Investments has increased for five straight quarters, with growth averaging 5.9% over the last eight quarters.
- The best year-over-year quarter for Short-term Investments over five years was the quarter ended Mar 31, 2022 (growth of 161.6%); the worst was the quarter ended Dec 31, 2024 (a decline of 69.5%).
- Per Business Quant data, ZH's Short-term Investments in the three quarters before the quarter ended Jun 30, 2026 was $186.76 million (quarter ended Mar 31, 2026), $118.57 million (quarter ended Dec 31, 2025) and $146.77 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,109.95 Bn | 3,867.48 Bn | 73.85 Bn |
| 2 | Netflix | 282.52 Bn | 242.72 Bn | 6.52 Bn |
| 3 | Alibaba Group Holding | 249.53 Bn | 67.40 Bn | 15.11 Bn |
| 4 | Shopify | 193.10 Bn | 170.29 Bn | 1.71 Bn |
| 5 | Uber Technologies | 138.52 Bn | 110.49 Bn | 6.38 Bn |
| 6 | Booking Holdings | 120.43 Bn | 53.48 Bn | - |
| 7 | PDD Holdings | 108.89 Bn | -143.04 Bn | 9.45 Bn |
| 8 | Spotify Technology | 101.14 Bn | 58.37 Bn | 1.86 Bn |
| 9 | Airbnb | 94.68 Bn | 47.91 Bn | 2.98 Bn |
| 10 | Zhihu | 286.78 Mn | -1.99 Bn | 57.98 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 149.48 Mn |
| Mar 31, 2026 | 186.76 Mn |
| Dec 31, 2025 | 118.57 Mn |
| Sep 30, 2025 | 146.77 Mn |
| Jun 30, 2025 | 113.32 Mn |
| Mar 31, 2025 | 128.16 Mn |
| Dec 31, 2024 | 75.01 Mn |
| Sep 30, 2024 | 112.43 Mn |
| Jun 30, 2024 | 88.94 Mn |
| Mar 31, 2024 | 203.43 Mn |
| Dec 31, 2023 | 245.81 Mn |
| Sep 30, 2023 | 188.25 Mn |
| Jun 30, 2023 | 145.68 Mn |
| Mar 31, 2023 | 195.37 Mn |
| Dec 31, 2022 | 110.69 Mn |
| Sep 30, 2022 | 296.25 Mn |
| Jun 30, 2022 | 397.82 Mn |
| Mar 31, 2022 | 428.91 Mn |
| Dec 31, 2021 | 350.29 Mn |
| Sep 30, 2021 | 385.76 Mn |
API Access
Zhihu Short-term Investments 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=short-term-investments&ticker=ZH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "short-term-investments", "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=short-term-investments&ticker=ZH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();