Zhihu (ZHIHF) Common Equity (2019 - 2025)

Zhihu's Common Equity history runs 7 years deep, the most recent figure standing at $546.4 million for Q4 2025.

• In Q4 2025, Common Equity fell 5.12% year-over-year to $546.4 million; the TTM figure through Dec 2025 stood at $546.4 million (down 5.12% YoY), while the FY2025 annual figure was $554.1 million, down 3.6% from the prior year.
• Common Equity came in at $546.4 million for Q4 2025 at Zhihu, down from $575.8 million in the prior quarter.
• In the past five years, Common Equity ranged from a high of $1.1 billion in Q4 2021 to a low of $546.4 million in Q4 2025.
• A 5-year average of $725.9 million and a median of $653.0 million in 2023 frame the typical range for Common Equity.
• Across the five-year window, Common Equity soared 235.77% in 2021 and declined 24.03% in 2022, its largest moves.
• Zhihu's Common Equity stood at $1.1 billion in 2021, then slipped by 24.03% to $800.6 million in 2022, then retreated by 18.44% to $653.0 million in 2023, then slipped by 11.82% to $575.8 million in 2024, then fell by 5.12% to $546.4 million in 2025.
• According to Business Quant data, Common Equity over the past three periods registered $546.4 million, $575.8 million, and $653.0 million for Q4 2025, Q4 2024, and Q4 2023 respectively.

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