Zhihu (ZH) Total Non-Current Liabilities (2019 - 2026)
Zhihu (ZH) posted Total Non-Current Liabilities of $6.7 million for Q4 2025, down 19.49% sequentially from $8.3 million in Q3 2025, and up 280.82% YoY from $1.8 million in Q4 2024.
Analysis
Zhihu (ZH) Total Non-Current Liabilities (2019 - 2026) Analysis & Trends
Zhihu has reported Total Non-Current Liabilities for 6 years, with the latest figure at $6.7 million in Q4 2025.
- Quarterly Total Non-Current Liabilities rose 280.82% year-over-year to $6.7 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $6.7 million (up 280.82% YoY) and the FY2025 annual result came in at $6.8 million, up 292.59% from the prior year.
- Total Non-Current Liabilities slipped to $6.7 million in Q4 2025 per ZH's latest filing, from $8.3 million in the prior quarter.
- Over five years, Total Non-Current Liabilities peaked at $27.2 million in Q2 2023 and troughed at $1.8 million in Q4 2024.
- A 5-year average of $14.9 million and a median of $18.6 million in 2021 frame the typical range for Total Non-Current Liabilities.
- The sharpest annual moves came in 2024 and 2025: Total Non-Current Liabilities plunged 91.47% in 2024, then soared 280.82% in 2025.
- Over 5 years, Total Non-Current Liabilities stood at $26.5 million in 2021, then dropped by 27.19% to $19.3 million in 2022, then advanced by 6.73% to $20.6 million in 2023, then slumped by 91.47% to $1.8 million in 2024, then jumped by 280.82% to $6.7 million in 2025.
- According to Business Quant data, Total Non-Current Liabilities over the past three periods registered $6.7 million, $8.3 million, and $9.2 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 270.20 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 170.41 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | - |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 15.23 Bn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 350.83 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | 760.22 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | 1.94 Bn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | 1.81 Bn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 3.92 Bn |
| 10 | Zhihu | 220.44 Mn | -357.04 Mn | - | 2.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.60 Mn |
| Mar 31, 2026 | 3.12 Mn |
| Dec 31, 2025 | 6.69 Mn |
| Sep 30, 2025 | 8.30 Mn |
| Jun 30, 2025 | 9.17 Mn |
| Mar 31, 2025 | 6.18 Mn |
| Dec 31, 2024 | 1.76 Mn |
| Sep 30, 2024 | 3.57 Mn |
| Jun 30, 2024 | 3.90 Mn |
| Mar 31, 2024 | 18.84 Mn |
| Dec 31, 2023 | 20.58 Mn |
| Sep 30, 2023 | 21.22 Mn |
| Jun 30, 2023 | 27.24 Mn |
| Mar 31, 2023 | 19.48 Mn |
| Dec 31, 2022 | 19.28 Mn |
| Sep 30, 2022 | 20.37 Mn |
| Jun 30, 2022 | 24.48 Mn |
| Mar 31, 2022 | 26.82 Mn |
| Dec 31, 2021 | 26.48 Mn |
| Sep 30, 2021 | 18.35 Mn |