Zhihu Income Statement (2019-2025) | ZH

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1Y 3Y 5Y 7Y 10Y All

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Income Statement	Mar2021	Jun2021	Sep2021	Dec2021	Mar2022	Jun2022	Sep2022	Dec2022	Mar2023	Jun2023	Sep2023	Dec2023	Mar2024	Jun2024	Sep2024	Dec2024	Mar2025	Jun2025	Sep2025	Dec2025
Revenue & cost
Revenue (Quarter)	0.07B	0.10B	0.13B	0.16B	0.12B	0.12B	0.13B	0.16B	0.14B	0.14B	0.14B	0.16B	0.13B	0.13B	0.12B	119.62B	0.10B	100.08B	92.06B	92.02B
Cost of Revenue (Quarter)	0.03B	0.04B	0.06B	0.08B	0.06B	0.07B	0.07B	0.07B	0.07B	0.07B	0.06B	0.07B	0.06B	0.05B	0.04B	0.00B	0.04B	37.51B	0.00B	42.11B
Gross Profit (Quarter)	0.04B	0.06B	0.07B	0.08B	0.05B	0.06B	0.06B	0.09B	0.07B	0.08B	0.08B	0.09B	0.08B	0.08B	0.08B	75.27B	0.06B	61.96B	56.40B	49.31B
Operating items
Amortization - Intangibles (Quarter)					0.00B		0.00B	0.00B	0.00B	0.00B	0.00B
Research & Development (Quarter)	-0.02B	-0.02B	-0.03B	-0.03B	-0.03B	-0.03B	-0.02B	-0.03B	-0.03B	-0.03B	-0.03B	0.03B	-0.03B	-0.03B	-0.03B	-0.00B	-0.02B	-20.34B	0.00B	-17.60B
Selling, General & Administrative (Quarter)	-0.02B	-0.03B	-0.03B	-0.03B	-0.05B	-0.02B	-0.01B	-0.02B	-0.01B	-0.02B	-0.02B	0.00B	-0.01B	-0.02B	-0.01B	0.00B	-0.01B	-9.39B	0.00B	-12.01B
Restructuring Costs (Quarter)																				-18.07B
Other Operating Expenses (Quarter)	-0.05B	-0.07B	-0.06B	-0.07B	-0.08B	-0.08B	-0.07B	-0.07B	-0.07B	-0.07B	-0.07B	0.09B	-0.07B	-0.06B	-0.09B	-73.62B	-0.04B	-74.55B	-70.35B	-39.36B
Operating Expenses (Quarter)	-0.09B	-0.11B	-0.12B	-0.13B	-0.16B	-0.13B	-0.10B	-0.12B	-0.11B	-0.12B	-0.12B	0.12B	-0.11B	-0.10B	-0.09B	-73.62B	-0.07B	-75.27B	-70.34B	-87.04B
Operating Income (Quarter)	-0.05B	-0.05B	-0.05B	-0.06B	-0.10B	-0.07B	-0.04B	-0.03B	-0.03B	-0.05B	-0.05B	0.03B	-0.03B	-0.03B	-0.01B	1.65B	-0.01B	-12.70B	-13.95B	-37.73B
EBIT (Quarter)	-0.05B	-0.05B	-0.05B	-0.06B	-0.10B	-0.07B	-0.04B	-0.03B	-0.03B	-0.05B	-0.05B	0.03B	-0.03B	-0.03B	-0.01B	1.65B	-0.01B	-12.58B	-13.95B	-37.73B
Non-operating items
Non Operating Interest Expenses (Quarter)	0.03B	0.04B	0.05B	0.06B	0.03B	0.04B	0.03B	0.04B
Interest & Investment Income (Quarter)	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	1.82B	0.00B	19.66B	5.18B	4.95B
Other Non Operating Income (Quarter)	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	0.02B	0.00B	4.34B	-0.05B	-0.36B
Net income details
EBT (Quarter)	-0.05B	-0.05B	-0.04B	-0.06B	-0.10B	-0.07B	-0.04B	-0.02B	-0.03B	-0.04B	-0.04B	0.01B	-0.02B	-0.01B	-0.00B	11.66B	-0.00B	14.12B	-6.41B	-31.23B
Tax Provisions (Quarter)	-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	0.98B	0.00B	0.37B	0.03B	-4.00B	-0.12B	1.09B
Profit After Tax (Quarter)	-0.05B	-0.05B	-0.04B	-0.06B	-0.10B	-0.07B	-0.04B	-0.03B	-0.03B	-0.04B	-0.04B	0.01B	-0.02B	-0.01B	-0.00B	12.03B	-0.00B	10.12B	-6.53B	-30.14B
Income from Non-Controlling Interests (Quarter)							-0.00B	-0.00B	-0.00B	-0.00B	-0.00B	0.00B	0.00B	-0.00B	-0.00B	-0.02B	0.00B	0.00B	0.01B	0.31B
Income from Continuing Operations (Quarter)	-0.05B	-0.05B	-0.04B	-0.06B	-0.10B	-0.07B	-0.04B	-0.02B	-0.02B	-0.04B	-0.04B	0.01B	-0.02B	-0.99B	-0.00B	11.29B	-0.03B	17.95B	-6.29B	-32.32B
Income from Discontinued Operations (Quarter)	-0.00B	-0.00B					-0.00B	-0.00B		-0.00B	0.00B	0.00B	-0.00B	0.00B		0.00B	0.00B
Consolidated Net Income (Quarter)	-0.05B	-0.05B	-0.04B	-0.06B	-0.10B	-0.07B	-0.04B	-0.02B	-0.02B	-0.04B	-0.04B	0.02B	-0.02B	-0.99B	-0.00B	11.29B	-0.03B	17.95B	-6.29B	-32.32B
Income towards Parent Company (Quarter)	-0.05B	-0.05B	-0.04B	-0.06B	-0.10B	-0.07B	-0.04B	-0.02B	-0.02B	-0.04B	-0.04B	0.02B	-0.02B	-0.99B	-0.00B	11.29B	-0.03B	17.95B	-6.29B	-32.32B
Preferred Dividend Payments (Quarter)	-0.03B
Net Income towards Common Stockholders (Quarter)	-0.08B	-0.05B	-0.04B	-0.06B	-0.10B	-0.07B	-0.04B	-0.03B	-0.03B	-0.04B	-0.04B	0.01B	-0.02B	-0.01B	-0.00B	12.01B	-0.00B	10.12B	-6.52B	-29.84B
Additional items
EPS (Basic) (Quarter)	-0.18	-0.03	-0.02	-0.04	-0.05	-0.04	-0.02	-0.01	-0.01	-0.02	-0.02	0.01	-0.08	-0.04	-0.01	43.91	-0.01	41.70	-27.22	-124.29
EPS (Diluted) (Quarter)	-0.18	-0.03	-0.02	-0.04	-0.05	-0.04	-0.02	-0.01	-0.01	-0.02	-0.02	0.01	-0.08	-0.04	-0.01	43.91	-0.01	40.91	-27.22	-124.29
Shares Outstanding (Quarter)	0.43B	1.76B	1.77B	1.44B	1.80B	1.84B	1.84B	1.83B	1.83B	1.82B	1.81B	1.79B	0.28B	0.28B	0.28B	0.27B	0.24B	0.24B	0.24B	0.24B
Shares Outstanding (Diluted) (Quarter)	0.43B	1.76B	1.77B	1.44B	1.80B	1.84B	1.84B	1.83B	1.83B	1.82B	1.81B	1.79B	0.28B	0.28B	0.28B	0.27B	0.24B	0.25B	0.24B	0.24B
Shares Outstanding (Entity) (Quarter)	0.43B	1.76B	1.77B	1.44B	1.80B	1.84B	1.84B	1.83B	1.83B	1.82B	1.81B	1.79B	0.28B	0.28B	0.28B	0.27B	0.24B	0.24B	0.24B	0.24B
EBITDA (Quarter)	-0.05B	-0.05B	-0.05B	-0.06B	-0.10B	-0.07B	-0.04B	-0.03B	-0.03B	-0.05B	-0.05B	0.03B	-0.03B	-0.03B	-0.01B	1.65B	-0.01B	-12.58B	-13.95B	-37.73B
Interest Expenses (Quarter)	0.03B	0.04B	0.05B	0.10B	0.03B	0.04B	0.03B	0.11B				0.14B				0.16B				0.00B
Tax Rate (Quarter)	0.17%	0.49%	0.11%	0.79%	0.39%	1.33%	0.90%	1.56%	2.77%	0.84%	-0.09%	-4.95%	0.78%	-8,087.35%	-9.55%	3.18%	-2,250.91%	-28.35%	1.85%	-3.48%

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Zhihu Income Statement (2019-2025) | ZH

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