Zhihu (ZH) Tax Provisions (2020 - 2026)
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.
Analysis
Zhihu (ZH) Tax Provisions (2020 - 2026) 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 26.56 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 2.91 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 203.41 Mn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 13.70 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 3.99 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | -4.76 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | -76.00 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | -2.49 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 44.10 Mn |
| 10 | Zhihu | 220.44 Mn | -357.04 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -233.00 Mn |
| Dec 31, 2025 | 1.09 Bn |
| Sep 30, 2025 | -118.76 Mn |
| Jun 30, 2025 | -4.00 Bn |
| Mar 31, 2025 | 32,000.00 |
| Dec 31, 2024 | 370.73 Mn |
| Sep 30, 2024 | 135,000.00 |
| Jun 30, 2024 | 972,000.00 |
| Mar 31, 2024 | -178,000.00 |
| Dec 31, 2023 | 694,000.00 |
| Sep 30, 2023 | 35,000.00 |
| 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 | -245,000.00 |