Zhihu Inc. (ZHIHF) Enterprise Value (2019 - 2025)

Zhihu (ZHIHF) posted Enterprise Value of -$465.2 million for Q4 2025, down 24.44% sequentially from -$373.8 million in Q3 2025, and up 25.39% YoY from -$371.0 million in Q4 2024.

Zhihu Inc. (ZHIHF) Enterprise Value (2019 - 2025) Analysis & Trends

Zhihu (ZHIHF) has 7 years of Enterprise Value data on file, last reported at -$465.2 million in Q4 2025.

  • Quarterly Enterprise Value rose 25.39% year-over-year to -$465.2 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$465.2 million (up 25.39% YoY) and the FY2025 annual result came in at -$458.8 million, up 15.01% from the prior year.
  • Enterprise Value eased to -$465.2 million in Q4 2025 per ZHIHF's latest filing, from -$373.8 million in the prior quarter.
  • The five-year high for Enterprise Value was -$278.4 million in Q4 2023, with the low at -$1.1 billion in Q1 2021.
  • Average Enterprise Value over 5 years is -$543.8 million, with a median of -$456.4 million recorded in 2024.
  • Year-over-year, Enterprise Value plunged 144.15% in 2022 and surged 62.44% in 2023.
  • Zhihu's Enterprise Value stood at -$686.5 million in 2021, then fell by 7.98% to -$741.3 million in 2022, then jumped by 62.44% to -$278.4 million in 2023, then tumbled by 123.91% to -$623.5 million in 2024, then grew by 25.39% to -$465.2 million in 2025.
  • Business Quant data shows ZHIHF's Enterprise Value at -$465.2 million in Q4 2025, -$373.8 million in Q3 2025, and -$437.4 million in Q2 2025.

Peer Comparison

Historic Data

Download Data
DateValue
Dec 31, 2025 -465.18 Mn
Sep 30, 2025 -520.47 Mn
Jun 30, 2025 -550.56 Mn
Mar 31, 2025 -565.97 Mn
Dec 31, 2024 -623.46 Mn
Sep 30, 2024 -550.57 Mn
Jun 30, 2024 -513.60 Mn
Mar 31, 2024 -496.46 Mn
Dec 31, 2023 -278.45 Mn
Sep 30, 2023 -611.00 Mn
Jun 30, 2023 -716.51 Mn
Mar 31, 2023 -798.37 Mn
Dec 31, 2022 -741.34 Mn
Sep 30, 2022 -800.43 Mn
Jun 30, 2022 -731.26 Mn
Mar 31, 2022 -803.63 Mn
Dec 31, 2021 -686.52 Mn
Sep 30, 2021 -612.94 Mn
Jun 30, 2021 -340.59 Mn
Mar 31, 2021 -1.09 Bn