Growth Metrics

Zhihu (ZH) Tax Rate (2020 - 2025)

Zhihu's Tax Rate history spans 6 years, with the latest figure at 3.48% for Q4 2025.

  • On a quarterly basis, Tax Rate fell 666.0% to 3.48% in Q4 2025 year-over-year; TTM through Dec 2025 was 12.76%, a 118.0% increase, with the full-year FY2025 number at 12.5%, down 1777.0% from a year prior.
  • Tax Rate hit 3.48% in Q4 2025 for Zhihu, down from 1.85% in the prior quarter.
  • Over the last five years, Tax Rate for ZH hit a ceiling of 3.18% in Q4 2024 and a floor of 8087.35% in Q2 2024.
  • Historically, Tax Rate has averaged 518.48% across 5 years, with a median of 0.44% in 2022.
  • Biggest five-year swings in Tax Rate: tumbled -808819bps in 2024 and later skyrocketed 805900bps in 2025.
  • Tracing ZH's Tax Rate over 5 years: stood at 0.79% in 2021, then surged by 96bps to 1.56% in 2022, then crashed by -418bps to 4.95% in 2023, then soared by 164bps to 3.18% in 2024, then tumbled by -210bps to 3.48% in 2025.
  • Business Quant data shows Tax Rate for ZH at 3.48% in Q4 2025, 1.85% in Q3 2025, and 28.35% in Q2 2025.