Growth Metrics

Zhihu (ZHIHF) Non Operating Income (2020 - 2025)

Zhihu recorded quarterly Non Operating Income of -$356.0 million in Q4 2025, down 551.66% quarter-over-quarter from -$54.6 million in Q3 2025, and down 2362.99% year-over-year from $15.7 million in Q4 2024.

Zhihu's Non Operating Income history runs 6 years deep, the most recent figure standing at -$356.0 million for Q4 2025.

  • In Q4 2025, Non Operating Income fell 2362.99% year-over-year to -$356.0 million; the TTM figure through Dec 2025 stood at $3.9 billion (up 17996.49% YoY), while the FY2025 annual figure was $4.4 million, down 25.45% from the prior year.
  • Non Operating Income came in at -$356.0 million for Q4 2025 at Zhihu, down from -$54.6 million in the prior quarter.
  • In the past five years, Non Operating Income ranged from a high of $4.3 billion in Q2 2025 to a low of -$356.0 million in Q4 2025.
  • A 5-year average of $198.1 million and a median of $639272.1 in 2022 frame the typical range for Non Operating Income.
  • On a YoY basis, Non Operating Income climbed as much as 197894.53% in 2025 and fell as far as 2362.99% in 2025.
  • Zhihu's Non Operating Income stood at -$2.0 million in 2021, then surged by 142.16% to $857544.3 in 2022, then soared by 146.87% to $2.1 million in 2023, then soared by 643.1% to $15.7 million in 2024, then slumped by 2362.99% to -$356.0 million in 2025.
  • According to Business Quant data, Non Operating Income over the past three periods registered -$356.0 million, -$54.6 million, and $4.3 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non Op. Inc. (Qtr)
1 Alphabet 4,554.43 Bn 4,338.81 Bn 102.29 Bn 37.72 Bn
2 Meta Platforms 1,602.78 Bn 1,521.60 Bn 46.09 Bn -1.12 Bn
3 Spotify Technology 119.86 Bn 109.62 Bn 1.75 Bn -
4 Reddit 33.71 Bn 30.94 Bn 511.94 Mn 22.82 Mn
5 Nebius 22.38 Bn 22.38 Bn 295.20 Mn 19.90 Mn
6 Pinterest 12.76 Bn 11.46 Bn 768.96 Mn -994,000.00
7 Kanzhun 12.59 Bn 10.49 Bn 255.62 Bn 2.81 Bn
8 Snap 9.64 Bn 6.81 Bn 1.29 Bn -1.01 Mn
9 Match 8.43 Bn 7.41 Bn 653.28 Mn 6.64 Mn
10 Zhihu - - 49.31 Bn -356.00 Mn

Historic Data

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DateValue
Dec 31, 2025 -356.00 Mn
Sep 30, 2025 -54.63 Mn
Jun 30, 2025 4.34 Bn
Mar 31, 2025 331,000.00
Dec 31, 2024 15.73 Mn
Sep 30, 2024 3.39 Mn
Jun 30, 2024 2.19 Mn
Mar 31, 2024 421,000.00
Dec 31, 2023 2.12 Mn
Sep 30, 2023 3.73 Mn
Jun 30, 2023 89,000.00
Mar 31, 2023 922,000.00
Dec 31, 2022 857,544.27
Sep 30, 2022 -428,000.00
Jun 30, 2022 149,000.00
Mar 31, 2022 304,000.00
Dec 31, 2021 -2.03 Mn
Sep 30, 2021 1.19 Mn
Jun 30, 2021 -786,000.00
Mar 31, 2021 917,000.00
Dec 31, 2020 946,251.86
Sep 30, 2020 552,776.73
Jun 30, 2020 131,254.02
Mar 31, 2020 100,444.71