Zhihu Inc. (ZH)

Zhihu Income Statement

Financials in millions CNY. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	4,199	3,605	2,959	1,352	670.51
Revenue Growth (YoY)	16.48%	21.82%	118.85%	101.67%	-
Cost of Revenue	1,903	1,797	1,405	594.4	358.24
Gross Profit	2,296	1,808	1,554	757.8	312.27
Selling, General & Admin	2,467	2,648	2,325	1,031	1,020
Research & Development	901.45	763.36	619.59	329.76	351.01
Operating Expenses	3,368	3,412	2,945	1,361	1,371
Operating Income	-1,072.23	-1,603.75	-1,390.71	-602.88	-1,058.48
Other Expense / Income	-240.42	-36.78	73.31	594.32	372.49
Pretax Income	-831.81	-1,566.97	-1,464.02	-1,197.2	-1,430.96
Income Tax	11.83	14.18	5.44	1.08	0.04
Net Income	-843.64	-1,581.16	-1,469.47	-1,198.28	-1,431
Preferred Dividends	0	0	341.17	1,361	853.56
Net Income Common	-843.64	-1,581.16	-1,810.64	-2,559.75	-2,284.56
Shares Outstanding (Basic)	299	305	240	65	62
Shares Outstanding (Diluted)	299	305	240	65	62
Shares Change	-1.87%	26.92%	267.91%	4.87%	-
EPS (Basic)	-8.46	-15.57	-18.36	-55.08	-68.97
EPS (Diluted)	-8.46	-15.57	-18.36	-55.08	-68.97
Free Cash Flow	-424.02	-1,115.55	-447.67	-246.36	-719.87
Free Cash Flow Per Share	-4.25	-10.98	-5.59	-11.32	-34.69
Gross Margin	54.68%	50.16%	52.51%	56.04%	46.57%
Operating Margin	-25.54%	-44.49%	-46.99%	-44.59%	-157.86%
Profit Margin	-20.09%	-43.86%	-61.18%	-189.30%	-340.72%
Free Cash Flow Margin	-10.10%	-30.95%	-15.13%	-18.22%	-107.36%
EBITDA	-806.92	-1,541.76	-1,442.57	-1,177.59	-1,410.73
EBITDA Margin	-19.22%	-42.77%	-48.75%	-87.09%	-210.40%
Depreciation & Amortization	24.89	25.21	21.45	19.61	20.24
EBIT	-831.81	-1,566.97	-1,464.02	-1,197.2	-1,430.96
EBIT Margin	-19.81%	-43.47%	-49.47%	-88.54%	-213.41%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).