Zhihu (ZHIHF) Long-Term Investments (2021 - 2025)

Zhihu's Long-Term Investments history runs 5 years deep, the most recent figure standing at $19.9 million for Q4 2025.

• In Q4 2025, Long-Term Investments rose 178.96% year-over-year to $19.9 million; the TTM figure through Dec 2025 stood at $19.9 million (up 178.96% YoY), while the FY2025 annual figure was $22.7 million, up 223.23% from the prior year.
• Long-Term Investments came in at $19.9 million for Q4 2025 at Zhihu, down from $26.7 million in the prior quarter.
• In the past five years, Long-Term Investments ranged from a high of $26.7 million in Q3 2025 to a low of $1.8 million in Q2 2022.
• A 5-year average of $7.8 million and a median of $5.3 million in 2023 frame the typical range for Long-Term Investments.
• Across the five-year window, Long-Term Investments tumbled 38.41% in 2022 and surged 266.51% in 2025, its largest moves.
• Zhihu's Long-Term Investments stood at $3.0 million in 2021, then tumbled by 38.19% to $1.8 million in 2022, then soared by 235.17% to $6.2 million in 2023, then climbed by 14.96% to $7.1 million in 2024, then jumped by 178.96% to $19.9 million in 2025.
• According to Business Quant data, Long-Term Investments over the past three periods registered $19.9 million, $26.7 million, and $23.1 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

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