Zhihu (ZH) Total Debt (2021 - 2026)
Zhihu (ZH) posted Total Debt of $4.9 million for Q4 2025, up 513.01% sequentially from $805000.0 in Q3 2025, and up 419.37% YoY from $950147.3 in Q4 2024.
Analysis
Zhihu (ZH) Total Debt (2021 - 2026) Analysis & Trends
Zhihu has reported Total Debt for 7 years, with the latest figure at $4.9 million in Q4 2025.
- Quarterly Total Debt rose 419.37% year-over-year to $4.9 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $4.9 million (up 419.37% YoY) and the FY2025 annual result came in at $4.9 million, up 419.37% from the prior year.
- Total Debt rose to $4.9 million in Q4 2025 per ZH's latest filing, from $805000.0 in the prior quarter.
- Over five years, Total Debt peaked at $13.1 million in Q4 2021 and troughed at $758869.3 in Q2 2025.
- A 5-year average of $5.2 million and a median of $3.3 million in 2022 frame the typical range for Total Debt.
- The sharpest annual moves came in 2023 and 2025: Total Debt plunged 89.62% in 2023, then jumped 419.37% in 2025.
- Over 5 years, Total Debt stood at $13.1 million in 2021, then slumped by 73.26% to $3.5 million in 2022, then gained by 3.43% to $3.6 million in 2023, then plunged by 73.72% to $950147.3 in 2024, then surged by 419.37% to $4.9 million in 2025.
- According to Business Quant data, Total Debt over the past three periods registered $4.9 million, $805000.0, and $758869.3 for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 98.17 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 83.66 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | -1.52 Bn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 8.55 Bn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | - | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | 1.40 Bn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | 1.05 Bn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | - | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 3.55 Bn |
| 10 | Zhihu | 220.44 Mn | -357.04 Mn | - | 15.28 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.28 Mn |
| Dec 31, 2025 | 4.93 Mn |
| Sep 30, 2025 | 14.82 Mn |
| Jun 30, 2025 | 22.52 Mn |
| Mar 31, 2025 | 7.67 Mn |
| Sep 30, 2024 | 7.22 Mn |
| Jun 30, 2024 | 7.15 Mn |
| Dec 31, 2021 | 2.96 Mn |