Zhihu (ZH) Tax Provisions (2020 - 2025)

Zhihu (ZH) posted Tax Provisions of $1.1 billion for Q4 2025, up 1016.13% sequentially from -$118.8 million in Q3 2025, and up 193.47% YoY from $370.7 million in Q4 2024.

Zhihu (ZH) Tax Provisions (2020 - 2025) Analysis & Trends

Zhihu has reported Tax Provisions for 6 years, with the latest figure at $1.1 billion in Q4 2025.

  • Quarterly Tax Provisions rose 193.47% year-over-year to $1.1 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$3.0 billion (down 322.95% YoY) and the FY2025 annual result came in at $3.1 million, up 340.95% from the prior year.
  • Tax Provisions improved to $1.1 billion in Q4 2025 per ZH's latest filing, from -$118.8 million in the prior quarter.
  • Over five years, Tax Provisions peaked at $1.1 billion in Q4 2025 and troughed at -$4.0 billion in Q2 2025.
  • A 5-year average of -$83.0 million and a median of -$282757.0 in 2023 frame the typical range for Tax Provisions.
  • The sharpest annual moves came in 2024 and 2025: Tax Provisions soared 304043.27% in 2024, then slumped 88070.52% in 2025.
  • Over 5 years, Tax Provisions stood at -$474000.0 in 2021, then rose by 18.28% to -$387364.2 in 2022, then plunged by 76.73% to -$684576.0 in 2023, then surged by 54254.9% to $370.7 million in 2024, then jumped by 193.47% to $1.1 billion in 2025.
  • According to Business Quant data, Tax Provisions over the past three periods registered $1.1 billion, -$118.8 million, and -$4.0 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Alphabet 4,206.86 Bn 3,777.82 Bn 73.85 Bn 26.56 Bn
2 Meta Platforms 1,538.10 Bn 1,447.84 Bn 49.47 Bn 2.91 Bn
3 Taboola.com 1,136.28 Bn 1,136.15 Bn 139.48 Mn 2.98 Mn
4 Baidu 289.19 Bn 284.70 Bn 1.88 Mn 76.00 Mn
5 Spotify Technology 102.90 Bn 92.66 Bn 1.75 Bn 252.88 Mn
6 Joyy 77.62 Bn 76.74 Bn 205.64 Mn -1.37 Mn
7 BILI Social International 60.58 Bn 60.58 Bn 405,933.00 21,469.00
8 Nebius 49.31 Bn 39.68 Bn 295.20 Mn -
9 Reddit 30.48 Bn 27.70 Bn 734.60 Mn 3.99 Mn
10 Zhihu 793.34 Mn 318.16 Mn 49.31 Bn 1.09 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 1.09 Bn
Sep 30, 2025 -118.76 Mn
Jun 30, 2025 -4.00 Bn
Mar 31, 2025 32.05 Mn
Dec 31, 2024 370.73 Mn
Sep 30, 2024 135,000.00
Jun 30, 2024 975.66 Mn
Mar 31, 2024 -178,000.00
Dec 31, 2023 -684,575.96
Sep 30, 2023 35,391.69
Jun 30, 2023 -321,000.00
Mar 31, 2023 -703,000.00
Dec 31, 2022 -387,364.23
Sep 30, 2022 -373,000.00
Jun 30, 2022 -952,000.00
Mar 31, 2022 -378,000.00
Dec 31, 2021 -474,000.00
Sep 30, 2021 -47,000.00
Jun 30, 2021 -244,514.05
Mar 31, 2021 -82,000.00