Zhihu reported total assets of $0.74B and total liabilities of $0.19B for the quarter ended Jun 2026, down 7.2% year over year. This balance sheet covers 24 quarters of results from Dec 2019 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Balance Sheet | Dec2019 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||
| Cash & EquivalentsCash & Equiv. | 0.23B | 0.34B | 0.38B | 0.34B | 0.48B | 0.64B | 0.61B | 0.56B | 0.43B | 0.00B | 0.30B | 0.43B | 0.46B | 0.56B | 0.45B | 0.45B | 0.38B | 0.48B | 0.43B | 0.43B | ||||
| Short-term InvestmentsInvestments (Current) | 0.39B | 0.35B | 0.43B | 0.40B | 0.30B | 0.11B | 0.20B | 0.15B | 0.19B | 0.25B | 0.20B | 0.09B | 0.11B | 0.08B | 0.13B | 0.11B | 0.15B | 0.12B | 0.19B | 0.15B | ||||
| Cash & Current Investments | 0.61B | 0.69B | 0.81B | 0.79B | 0.80B | 0.75B | 0.81B | 0.73B | 0.62B | 0.25B | 0.51B | 0.53B | 0.56B | 0.63B | 0.57B | 0.56B | 0.53B | 0.59B | 0.62B | 0.58B | ||||
| Receivables - NetNet Receivables | 0.11B | 0.14B | 0.13B | 0.12B | 0.10B | 0.13B | 0.11B | 0.10B | 0.09B | 0.11B | 0.09B | 0.07B | 0.06B | 0.08B | 0.06B | 0.05B | 0.05B | 0.05B | 0.06B | 0.06B | ||||
| Receivables - OtherOther Receivables | 0.00B | 0.00B | 0.01B | 0.01B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.01B | 0.01B | 0.01B | 0.01B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | ||||
| Receivables | 0.11B | 0.14B | 0.13B | 0.13B | 0.11B | 0.13B | 0.11B | 0.11B | 0.09B | 0.11B | 0.09B | 0.08B | 0.07B | 0.08B | 0.06B | 0.05B | 0.05B | 0.05B | 0.06B | 0.06B | ||||
| Inventory | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | |||||||||||||||||||
| Current Deferred Tax AssetsCurrent Deferred Tax | 1.01B | |||||||||||||||||||||||
| Prepaid Assets | 0.03B | 0.04B | 0.03B | 0.03B | 0.03B | 0.03B | 0.03B | 0.03B | 0.05B | 0.03B | 0.03B | 0.03B | 0.03B | 0.02B | 0.02B | 0.02B | 0.02B | 0.02B | 0.01B | 0.02B | ||||
| Current Assets | 1.29B | 1.30B | 1.28B | 1.07B | 1.07B | 1.03B | 1.06B | 0.99B | 0.91B | 0.89B | 0.85B | 0.80B | 0.82B | 0.76B | 0.71B | 0.72B | 0.68B | 0.67B | 0.70B | 0.71B | ||||
| Non-Current Assets | ||||||||||||||||||||||||
| Property, Plant & Equipment (Net)PP&E (Net) | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | ||||
| Long-Term Investments | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.02B | 0.03B | 0.02B | 0.00B | 0.00B | ||||||
| Goodwill | 0.01B | 0.01B | 0.01B | 0.01B | 0.02B | 0.02B | 0.02B | 0.03B | 0.03B | 0.03B | 0.03B | 0.02B | 0.02B | 0.02B | 0.02B | 0.02B | 0.02B | |||||||
| Intangibles | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.02B | 0.02B | 0.02B | 0.02B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.00B | 0.00B | 0.00B | ||||
| Goodwill & Intangibles | 0.02B | 0.02B | 0.02B | 0.02B | 0.03B | 0.03B | 0.03B | 0.05B | 0.04B | 0.04B | 0.04B | 0.03B | 0.03B | 0.03B | 0.02B | 0.02B | 0.02B | 0.00B | 0.00B | 0.00B | ||||
| Other Non-Current Assets | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | ||||
| Non-Current Assets | 0.06B | 0.07B | 0.05B | 0.18B | 0.05B | 0.05B | 0.05B | 0.07B | 0.06B | 0.06B | 0.06B | 0.04B | 0.04B | 0.03B | 0.07B | 0.09B | 0.09B | 0.06B | 0.05B | 0.03B | ||||
| Assets | 1.36B | 1.38B | 1.33B | 1.25B | 1.12B | 1.08B | 1.11B | 1.05B | 0.97B | 0.94B | 0.91B | 0.84B | 0.86B | 0.80B | 0.78B | 0.80B | 0.77B | 0.73B | 0.74B | 0.74B | ||||
| Liabilities | ||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||
| Accounts Payables | 0.13B | 0.16B | 0.16B | 0.18B | 0.13B | 0.13B | 0.15B | 0.16B | 0.13B | 0.14B | 0.14B | 0.13B | 0.13B | 0.12B | 0.10B | 0.11B | 0.10B | 0.10B | 0.10B | 0.10B | ||||
| Notes Payables | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | ||||
| Payables | 0.14B | 0.17B | 0.17B | 0.20B | 0.15B | 0.13B | 0.15B | 0.16B | 0.13B | 0.15B | 0.14B | 0.13B | 0.13B | 0.12B | 0.10B | 0.11B | 0.10B | 0.10B | 0.10B | 0.10B | ||||
| Accumulated Expenses | 0.05B | 0.05B | 0.05B | 0.04B | 0.03B | 0.04B | 0.04B | 0.03B | 0.04B | 0.05B | 0.05B | 0.03B | 0.03B | 0.04B | 0.04B | 0.02B | 0.02B | 0.03B | 0.03B | 0.02B | ||||
| Other Accumulated Expenses | 0.02B | 0.02B | 0.02B | 0.03B | 0.03B | 0.02B | 0.03B | 0.03B | 0.03B | 0.02B | 0.02B | 0.02B | 0.02B | 0.02B | 0.02B | 0.02B | 0.02B | 0.02B | 0.02B | 0.02B | ||||
| Short term Debt | 0.00B | 0.01B | 0.01B | 0.01B | 0.02B | 0.01B | 0.00B | 0.02B | ||||||||||||||||
| Current Leases | 0.00B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.00B | 0.00B | 0.00B | 0.00B | 0.01B | 0.01B | 0.00B | 0.00B | 0.00B | 0.00B | ||||
| Current Taxes | 0.00B | 0.01B | 0.00B | 0.01B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.01B | 0.00B | ||||
| Current Deferred Revenue | 0.04B | 0.04B | 0.04B | 0.04B | 0.05B | 0.05B | 0.05B | 0.05B | 0.05B | 0.04B | 0.04B | 0.04B | 0.04B | 0.03B | 0.03B | 0.03B | 0.03B | 0.03B | 0.03B | 0.03B | ||||
| Total Current Liabilities | 0.25B | 0.30B | 0.30B | 0.32B | 0.27B | 0.26B | 0.28B | 0.29B | 0.26B | 0.27B | 0.26B | 0.23B | 0.23B | 0.21B | 0.20B | 0.21B | 0.19B | 0.18B | 0.18B | 0.19B | ||||
| Non-Current Liabilities | ||||||||||||||||||||||||
| Preferred Stock Liabilities | ||||||||||||||||||||||||
| Minority Interest | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.02B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | ||||
| Non-Current Deferred Tax LiabilityNon-Current Deferred Tax | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | ||||
| Operating Leases | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | ||||
| Other Non-Current Liabilities | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.02B | 0.02B | 0.02B | 0.02B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | ||||
| Total Non-Current Liabilities | 0.02B | 0.03B | 0.03B | 0.02B | 0.02B | 0.02B | 0.02B | 0.03B | 0.02B | 0.02B | 0.02B | 0.00B | 0.00B | 0.00B | 0.01B | 0.01B | 0.01B | 0.01B | 0.00B | 0.00B | ||||
| Total Liabilities | 0.27B | 0.32B | 0.32B | 0.34B | 0.29B | 0.28B | 0.30B | 0.32B | 0.28B | 0.29B | 0.28B | 0.24B | 0.24B | 0.21B | 0.21B | 0.21B | 0.19B | 0.19B | 0.19B | 0.19B | ||||
| Shareholder's Equity | ||||||||||||||||||||||||
| Total Debt | 0.00B | 0.01B | 0.01B | 0.01B | 0.02B | 0.01B | 0.00B | 0.02B | ||||||||||||||||
| Common Equity | 1.09B | 1.05B | 1.00B | 0.91B | 0.83B | 0.80B | 0.81B | 0.74B | 0.68B | 0.65B | 0.62B | 0.61B | 0.62B | 0.58B | 0.57B | 0.59B | 0.58B | 0.54B | 0.56B | 0.54B | ||||
| Liabilities and Shareholders Equity | 1.36B | 1.38B | 1.32B | 1.27B | 1.17B | 1.08B | 1.11B | 1.09B | 0.97B | 0.94B | 0.91B | 0.84B | 0.84B | 0.80B | 0.78B | 0.80B | 0.77B | 0.73B | 0.74B | 0.74B | ||||
| Treasury Shares | -0.00B | -0.00B | -0.00B | -0.00B | ||||||||||||||||||||
| Retained Earnings | 2.09B | 1.91B | 1.87B | 1.83B | 1.86B |