Zhihu (ZHIHF) Exchange Rate Effect (2020 - 2025)
Zhihu recorded quarterly Exchange Rate Effect of -$8.0 million in Q4 2025, down 33.16% quarter-over-quarter from -$6.0 million in Q3 2025, and down 103.38% year-over-year from $236.8 million in Q4 2024.
Zhihu's Exchange Rate Effect history runs 6 years deep, the most recent figure standing at -$8.0 million for Q4 2025.
- In Q4 2025, Exchange Rate Effect fell 103.38% year-over-year to -$8.0 million; the TTM figure through Dec 2025 stood at -$19.0 million (down 106.73% YoY), while the FY2025 annual figure was -$2.6 million, down 228.6% from the prior year.
- Exchange Rate Effect came in at -$8.0 million for Q4 2025 at Zhihu, down from -$6.0 million in the prior quarter.
- In the past five years, Exchange Rate Effect ranged from a high of $236.8 million in Q4 2024 to a low of -$8.0 million in Q4 2025.
- A 5-year average of $14.3 million and a median of -$13000.0 in 2025 frame the typical range for Exchange Rate Effect.
- Across the five-year window, Exchange Rate Effect sank 512.67% in 2022 and jumped 4010.86% in 2024, its largest moves.
- Zhihu's Exchange Rate Effect stood at -$4.7 million in 2021, then soared by 95.47% to -$214280.6 in 2022, then jumped by 2788.29% to $5.8 million in 2023, then surged by 4010.86% to $236.8 million in 2024, then tumbled by 103.38% to -$8.0 million in 2025.
- According to Business Quant data, Exchange Rate Effect over the past three periods registered -$8.0 million, -$6.0 million, and -$5.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,554.43 Bn | 4,338.81 Bn | 102.29 Bn | -123.00 Mn |
| 2 | Meta Platforms | 1,602.78 Bn | 1,521.60 Bn | 46.09 Bn | 7.00 Mn |
| 3 | Spotify Technology | 119.86 Bn | 109.62 Bn | 1.75 Bn | 46.83 Mn |
| 4 | 33.71 Bn | 30.94 Bn | 511.94 Mn | - | |
| 5 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn | -5.10 Mn |
| 6 | 12.76 Bn | 11.46 Bn | 768.96 Mn | -72,000.00 | |
| 7 | Kanzhun | 12.59 Bn | 10.49 Bn | 255.62 Bn | -4.50 Mn |
| 8 | Snap | 9.64 Bn | 6.81 Bn | 1.29 Bn | - |
| 9 | Match | 8.43 Bn | 7.41 Bn | 653.28 Mn | -2.34 Mn |
| 10 | Zhihu | - | - | 49.31 Bn | -8.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -8.00 Mn |
| Dec 31, 2025 | -8.00 Mn |
| Sep 30, 2025 | -6.01 Mn |
| Sep 30, 2025 | -6.01 Mn |
| Jun 30, 2025 | -5.00 Mn |
| Jun 30, 2025 | -5.00 Mn |
| Mar 31, 2025 | -13,000.00 |
| Mar 31, 2025 | -13,000.00 |
| Dec 31, 2024 | 236.81 Mn |
| Dec 31, 2024 | 236.81 Mn |
| Jun 30, 2024 | 39.92 Mn |
| Jun 30, 2024 | 39.92 Mn |
| Mar 31, 2024 | 16,781.55 |
| Mar 31, 2024 | 16,781.55 |
| Dec 31, 2023 | 5.76 Mn |
| Dec 31, 2023 | 5.76 Mn |
| Sep 30, 2023 | -54,000.00 |
| Sep 30, 2023 | -54,000.00 |
| Jun 30, 2023 | 976,000.00 |
| Jun 30, 2023 | 976,000.00 |
| Mar 31, 2023 | -823,000.00 |
| Mar 31, 2023 | -823,000.00 |
| Dec 31, 2022 | -214,280.61 |
| Dec 31, 2022 | -214,280.61 |
| Sep 30, 2022 | 4.14 Mn |
| Sep 30, 2022 | 4.14 Mn |
| Jun 30, 2022 | 7.33 Mn |
| Jun 30, 2022 | 7.33 Mn |
| Mar 31, 2022 | -655,000.00 |
| Mar 31, 2022 | -655,000.00 |
| Dec 31, 2021 | -4.73 Mn |
| Dec 31, 2021 | -4.73 Mn |
| Sep 30, 2021 | 1.35 Mn |
| Sep 30, 2021 | 1.35 Mn |
| Jun 30, 2021 | 844,656.77 |
| Jun 30, 2021 | 844,656.77 |
| Mar 31, 2021 | -106,909.53 |
| Mar 31, 2021 | -106,909.53 |
| Dec 31, 2020 | 6.31 Mn |
| Dec 31, 2020 | 6.31 Mn |