Zhihu (ZHIHF) Shares Outstanding (Diluted Average) (2019 - 2025)
Zhihu recorded quarterly Shares Outstanding (Diluted Average) of $33.8 million in Q4 2025, up 1.14% quarter-over-quarter from $33.5 million in Q3 2025, and down 11.13% year-over-year from $38.1 million in Q4 2024.
Zhihu's Shares Outstanding (Diluted Average) history runs 7 years deep, the most recent figure standing at $33.8 million for Q4 2025.
- In Q4 2025, Shares Outstanding (Diluted Average) fell 11.13% year-over-year to $33.8 million; the TTM figure through Dec 2025 stood at $33.8 million (down 11.13% YoY), while the FY2025 annual figure was $33.8 million, down 11.13% from the prior year.
- Shares Outstanding (Diluted Average) came in at $33.8 million for Q4 2025 at Zhihu, up from $33.5 million in the prior quarter.
- In the past five years, Shares Outstanding (Diluted Average) ranged from a high of $247.3 million in Q2 2025 to a low of $11.0 million in Q1 2021.
- A 5-year average of $49.8 million and a median of $41.7 million in 2023 frame the typical range for Shares Outstanding (Diluted Average).
- On a YoY basis, Shares Outstanding (Diluted Average) climbed as much as 538.54% in 2025 and fell as far as 14.57% in 2025.
- Zhihu's Shares Outstanding (Diluted Average) stood at $37.6 million in 2021, then increased by 14.1% to $42.9 million in 2022, then declined by 3.07% to $41.5 million in 2023, then declined by 8.33% to $38.1 million in 2024, then retreated by 11.13% to $33.8 million in 2025.
- According to Business Quant data, Shares Outstanding (Diluted Average) over the past three periods registered $33.8 million, $33.5 million, and $247.3 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares (Diluted Avg.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,554.43 Bn | 4,338.81 Bn | 102.29 Bn | - |
| 2 | Meta Platforms | 1,602.78 Bn | 1,521.60 Bn | 46.09 Bn | 2.56 Bn |
| 3 | Spotify Technology | 119.86 Bn | 109.62 Bn | 1.75 Bn | 245.01 Mn |
| 4 | 33.71 Bn | 30.94 Bn | 511.94 Mn | 202.52 Mn | |
| 5 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn | - |
| 6 | 12.76 Bn | 11.46 Bn | 768.96 Mn | 636.59 Mn | |
| 7 | Kanzhun | 12.59 Bn | 10.49 Bn | 255.62 Bn | 136.88 Mn |
| 8 | Snap | 9.64 Bn | 6.81 Bn | 1.29 Bn | 1.69 Bn |
| 9 | Match | 8.43 Bn | 7.41 Bn | 653.28 Mn | - |
| 10 | Zhihu | - | - | 49.31 Bn | 33.84 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 33.84 Mn |
| Sep 30, 2025 | 33.46 Mn |
| Jun 30, 2025 | 247.33 Mn |
| Mar 31, 2025 | 33.64 Mn |
| Dec 31, 2024 | 38.08 Mn |
| Sep 30, 2024 | 38.98 Mn |
| Jun 30, 2024 | 38.73 Mn |
| Mar 31, 2024 | 39.37 Mn |
| Dec 31, 2023 | 41.55 Mn |
| Sep 30, 2023 | 41.76 Mn |
| Jun 30, 2023 | 43.41 Mn |
| Mar 31, 2023 | 44.62 Mn |
| Dec 31, 2022 | 42.86 Mn |
| Sep 30, 2022 | 44.83 Mn |
| Jun 30, 2022 | 46.57 Mn |
| Mar 31, 2022 | 47.34 Mn |
| Dec 31, 2021 | 37.57 Mn |
| Sep 30, 2021 | 45.63 Mn |
| Jun 30, 2021 | 45.46 Mn |
| Mar 31, 2021 | 11.03 Mn |
| Dec 31, 2020 | 9.85 Mn |
| Sep 30, 2020 | 9.51 Mn |
| Jun 30, 2020 | 9.16 Mn |
| Mar 31, 2020 | 9.17 Mn |
| Dec 31, 2019 | 8.83 Mn |