Zhihu Inc. (ZHIHF) Tax Rate (2020 - 2025)

Zhihu (ZHIHF) has 6 years of Tax Rate data on file, last reported at 3.48% in Q4 2025.

• Quarterly Tax Rate fell 666.0% year-over-year to 3.48% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 12.9% (up 970.0% YoY) and the FY2025 annual result came in at 12.5%, down 1777.0% from the prior year.
• Tax Rate eased to 3.48% in Q4 2025 per ZHIHF's latest filing, from 1.85% in the prior quarter.
• The five-year high for Tax Rate was 5.02% in Q4 2023, with the low at 28.35% in Q2 2025.
• Average Tax Rate over 5 years is 1.58%, with a median of 0.64% recorded in 2021.
• The widest YoY moves for Tax Rate: up 1140 bps in 2025, down 2029 bps in 2025.
• Zhihu's Tax Rate stood at 0.79% in 2021, then jumped by 96 bps to 1.56% in 2022, then soared by 222 bps to 5.02% in 2023, then slumped by 37 bps to 3.18% in 2024, then slumped by 210 bps to 3.48% in 2025.
• Business Quant data shows ZHIHF's Tax Rate at 3.48% in Q4 2025, 1.85% in Q3 2025, and 28.35% in Q2 2025.