Growth Metrics

Zhihu (ZHIHF) Retained Earnings (2020 - 2025)

Zhihu recorded quarterly Retained Earnings of -$1.3 billion in Q4 2025, down 74288.63% quarter-over-quarter from $1.7 million in Q4 2024, and down 74288.63% year-over-year from N/an in Q4 2024.

Zhihu's Retained Earnings history runs 6 years deep, the most recent figure standing at -$1.3 billion for Q4 2025.

  • In Q4 2025, Retained Earnings fell 74288.63% year-over-year to -$1.3 billion; the TTM figure through Dec 2025 stood at -$1.3 billion (down 74288.63% YoY), while the FY2025 annual figure was -$4.8 million, up 99.6% from the prior year.
  • Retained Earnings came in at -$1.3 billion for Q4 2025 at Zhihu, down from $1.7 million in the prior quarter.
  • In the past five years, Retained Earnings ranged from a high of $1.7 million in Q4 2024 to a low of -$1.3 billion in Q4 2025.
  • A 5-year average of -$509.8 million and a median of -$53.0 million in 2021 frame the typical range for Retained Earnings.
  • Across the five-year window, Retained Earnings soared 100.14% in 2024 and plunged 74288.63% in 2025, its largest moves.
  • Zhihu's Retained Earnings stood at -$53.0 million in 2021, then jumped by 82.56% to -$9.3 million in 2022, then sank by 12971.32% to -$1.2 billion in 2023, then jumped by 100.14% to $1.7 million in 2024, then slumped by 74288.63% to -$1.3 billion in 2025.
  • According to Business Quant data, Retained Earnings over the past three periods registered -$1.3 billion, $1.7 million, and -$1.2 billion for Q4 2025, Q4 2024, and Q4 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Alphabet 4,554.43 Bn 4,338.81 Bn 102.29 Bn 384.02 Bn
2 Meta Platforms 1,602.78 Bn 1,521.60 Bn 46.09 Bn -303.00 Mn
3 Spotify Technology 119.86 Bn 109.62 Bn 1.75 Bn 3.02 Bn
4 Reddit 33.71 Bn 30.94 Bn 511.94 Mn -467.14 Mn
5 Nebius 22.38 Bn 22.38 Bn 295.20 Mn 3.92 Bn
6 Pinterest 12.76 Bn 11.46 Bn 768.96 Mn 55.11 Mn
7 Kanzhun 12.59 Bn 10.49 Bn 255.62 Bn -
8 Snap 9.64 Bn 6.81 Bn 1.29 Bn -14.39 Bn
9 Match 8.43 Bn 7.41 Bn 653.28 Mn -5.80 Bn
10 Zhihu - - 49.31 Bn -1.28 Bn

Historic Data

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DateValue
Dec 31, 2025 -1.28 Bn
Dec 31, 2024 1.72 Mn
Dec 31, 2023 -1.21 Bn
Dec 31, 2022 -9.25 Mn
Dec 31, 2021 -53.04 Mn
Dec 31, 2020 -746.71 Mn