Zhihu (ZH) Treasury Shares (2019 - 2025)

Zhihu has disclosed Treasury Shares across 4 years of filings, most recently posting $38.8 million for Q4 2025.

• Treasury Shares for Q4 2025 came in at $38.8 million, up 148.6% year-over-year; the trailing twelve-month figure through Dec 2025 was $38.8 million (up 148.6% YoY), and the FY2025 annual result was $39.3 million, up 156.21% from the prior year.
• Treasury Shares came in at $38.8 million for Q4 2025 at Zhihu, up from $15.6 million in the prior quarter.
• In the past five years, Treasury Shares ranged from a high of $6.1 million in Q4 2024 to a low of -$3.7 million in Q4 2025.
• The 5-year median for Treasury Shares is $2.7 million (2022), against an average of $1.7 million.
• Across the five-year window, Treasury Shares soared 372.18% in 2023 and slumped 30.51% in 2024, its largest moves.
• Zhihu's Treasury Shares stood at $4.8 million in 2022, then jumped by 372.18% to $22.4 million in 2023, then plunged by 30.51% to $15.6 million in 2024, then surged by 148.6% to $38.8 million in 2025.
• The last three Treasury Shares figures came in at $38.8 million (Q4 2025), $15.6 million (Q4 2024), and $22.4 million (Q4 2023), per Business Quant data.