Zhihu (ZHIHF) Receivables Refunds (2020 - 2025)

Zhihu's Receivables Refunds history runs 6 years deep, the most recent figure standing at $2.1 million for Q4 2025.

• In Q4 2025, Receivables Refunds rose 199.12% year-over-year to $2.1 million; the TTM figure through Dec 2025 stood at $2.1 million (up 199.12% YoY), while the FY2025 annual figure was $2.1 million, up 199.12% from the prior year.
• Receivables Refunds came in at $2.1 million for Q4 2025 at Zhihu, up from $695243.3 in the prior quarter.
• In the past five years, Receivables Refunds ranged from a high of $4.6 million in Q4 2021 to a low of $695243.3 in Q4 2024.
• A 5-year average of $2.9 million and a median of $3.0 million in 2023 frame the typical range for Receivables Refunds.
• Across the five-year window, Receivables Refunds slumped 76.47% in 2024 and surged 199.12% in 2025, its largest moves.
• Zhihu's Receivables Refunds stood at $4.6 million in 2021, then retreated by 8.97% to $4.2 million in 2022, then declined by 29.82% to $3.0 million in 2023, then plunged by 76.47% to $695243.3 in 2024, then surged by 199.12% to $2.1 million in 2025.
• According to Business Quant data, Receivables Refunds over the past three periods registered $2.1 million, $695243.3, and $3.0 million for Q4 2025, Q4 2024, and Q4 2023 respectively.

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