Zhihu (ZH) Tax Provisions (2020 - 2025)

Zhihu's (ZH) quarterly Tax Provisions came in at $1.1 billion in Q4 2025, up 193.47% year-on-year from $370.7 million in Q4 2024, and up 1016.13% quarter-over-quarter from -$118.8 million in Q3 2025.

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

Zhihu has disclosed Tax Provisions across 6 years of filings, most recently posting $1.1 billion for Q4 2025.

  • Tax Provisions for Q4 2025 came in at $1.1 billion, up 193.47% year-over-year; the trailing twelve-month figure through Dec 2025 was -$3.0 billion (down 322.95% YoY), and the FY2025 annual result was $3.1 million, up 340.95% from the prior year.
  • Tax Provisions came in at $1.1 billion for Q4 2025 at Zhihu, up from -$118.8 million in the prior quarter.
  • In the past five years, Tax Provisions ranged from a high of $1.1 billion in Q4 2025 to a low of -$4.0 billion in Q2 2025.
  • The 5-year median for Tax Provisions is -$211500.0 (2021), against an average of -$82.9 million.
  • Across the five-year window, Tax Provisions jumped 304043.27% in 2024 and slumped 88070.52% in 2025, its largest moves.
  • Zhihu's Tax Provisions stood at -$474000.0 in 2021, then grew by 18.28% to -$387364.2 in 2022, then jumped by 279.16% to $694000.0 in 2023, then jumped by 53319.52% to $370.7 million in 2024, then surged by 193.47% to $1.1 billion in 2025.
  • The last three Tax Provisions figures came in at $1.1 billion (Q4 2025), -$118.8 million (Q3 2025), and -$4.0 billion (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn -5.80 Mn
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn 14.83 Bn
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn -5.02 Bn
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn -
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 1.75 Mn
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn 10.09 Mn
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn -43.34 Bn
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn 3.20 Mn
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn 2.00 Mn
10 Zhihu 105.93 Mn -359.25 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 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
Mar 31, 2021 -82,000.00