Zhihu (ZHIHF) Accumulated Expenses (2019 - 2025)

Zhihu's Accumulated Expenses history runs 7 years deep, the most recent figure standing at $26.5 million for Q4 2025.

• In Q4 2025, Accumulated Expenses fell 30.82% year-over-year to $26.5 million; the TTM figure through Dec 2025 stood at $26.5 million (down 30.82% YoY), while the FY2025 annual figure was $26.9 million, down 28.7% from the prior year.
• Accumulated Expenses came in at $26.5 million for Q4 2025 at Zhihu, up from $22.4 million in the prior quarter.
• In the past five years, Accumulated Expenses ranged from a high of $50.0 million in Q1 2022 to a low of $22.4 million in Q3 2025.
• A 5-year average of $37.5 million and a median of $38.4 million in 2021 frame the typical range for Accumulated Expenses.
• Across the five-year window, Accumulated Expenses jumped 40.24% in 2021 and sank 30.82% in 2025, its largest moves.
• Zhihu's Accumulated Expenses stood at $49.1 million in 2021, then slipped by 18.74% to $39.9 million in 2022, then climbed by 19.19% to $47.5 million in 2023, then slipped by 19.35% to $38.3 million in 2024, then tumbled by 30.82% to $26.5 million in 2025.
• According to Business Quant data, Accumulated Expenses over the past three periods registered $26.5 million, $22.4 million, and $23.3 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

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