Zhihu (ZHIHF) Operating Income (2020 - 2025)

Zhihu's Operating Income history runs 6 years deep, the most recent figure standing at -$37.7 billion for Q4 2025.

• In Q4 2025, Operating Income fell 2384.11% year-over-year to -$37.7 billion; the TTM figure through Dec 2025 stood at -$64.4 billion (down 4166.28% YoY), while the FY2025 annual figure was -$72.5 million, down 10.06% from the prior year.
• Operating Income came in at -$37.7 billion for Q4 2025 at Zhihu, down from -$13.9 billion in the prior quarter.
• In the past five years, Operating Income ranged from a high of $1.7 billion in Q4 2024 to a low of -$37.7 billion in Q4 2025.
• A 5-year average of -$3.2 billion and a median of -$46.6 million in 2023 frame the typical range for Operating Income.
• Across the five-year window, Operating Income soared 6482.98% in 2024 and sank 115961.43% in 2025, its largest moves.
• Zhihu's Operating Income stood at -$58.9 million in 2021, then soared by 48.35% to -$30.4 million in 2022, then jumped by 182.51% to $25.1 million in 2023, then jumped by 6482.98% to $1.7 billion in 2024, then slumped by 2384.11% to -$37.7 billion in 2025.
• According to Business Quant data, Operating Income over the past three periods registered -$37.7 billion, -$13.9 billion, and -$12.7 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.

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