Zhihu Inc. (HKG:2390)
Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
8.15
0.00 (0.00%)
Jun 18, 2026, 4:08 PM HKT

Zhihu Income Statement

Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
2,6712,7493,5994,1993,6052,959
Revenue Growth (YoY)
-20.69%-23.62%-14.29%16.48%21.82%118.85%
Cost of Revenue
1,0861,1011,4181,9031,7971,405
Gross Profit
1,5851,6482,1812,2961,8081,554
Selling, General & Admin
1,4831,5041,9292,4672,6482,325
Research & Development
493.2525732.55901.45763.36619.59
Operating Expenses
1,9762,0292,6623,3683,4122,945
Operating Income
-391.23-380.94-481.08-1,072-1,604-1,391
Interest & Investment Income
307.65303.41180.41200.37138.4890.48
Currency Exchange Gain (Loss)
-0.23-0.231.010.171.75-16.67
Other Non Operating Income (Expenses)
40.130.64121.3144.07-170.723.46
EBT Excluding Unusual Items
-43.71-47.13-178.36-827.7-1,564-1,293
Impairment of Goodwill
-126.34-126.34----
Other Unusual Items
------170.59
Pretax Income
-170.05-173.47-178.36-827.7-1,564-1,464
Income Tax Expense
23.5321.69-9.3911.8314.185.44
Earnings From Continuing Operations
-193.58-195.16-168.97-839.53-1,578-1,469
Minority Interest in Earnings
2.272.26-2.84-4.11-2.75-
Net Income
-191.31-192.9-171.8-843.64-1,581-1,469
Net Income to Common
-191.31-192.9-171.8-843.64-1,581-1,469
Shares Outstanding (Basic)
79809110010280
Shares Outstanding (Diluted)
79809110010280
Shares Change (YoY)
-10.39%-12.25%-8.55%-1.87%26.92%267.91%
EPS (Basic)
-2.42-2.41-1.88-8.46-15.56-18.35
EPS (Diluted)
-2.43-2.41-1.89-8.46-15.57-18.36
Free Cash Flow
--364.92-282.92-424.02-1,116-447.67
Free Cash Flow Per Share
--4.56-3.10-4.25-10.98-5.59
Gross Margin
59.34%59.94%60.60%54.68%50.16%52.51%
Operating Margin
-14.65%-13.86%-13.37%-25.54%-44.49%-46.99%
Profit Margin
-7.16%-7.02%-4.77%-20.09%-43.86%-49.66%
Free Cash Flow Margin
--13.28%-7.86%-10.10%-30.95%-15.13%
EBITDA
-372.96-361.94-459.14-1,047-1,579-1,369
EBITDA Margin
-13.96%-13.17%-12.76%-24.94%-43.79%-46.27%
D&A For EBITDA
18.271921.9524.8925.2121.45
EBIT
-391.23-380.94-481.08-1,072-1,604-1,391
EBIT Margin
-14.65%-13.86%-13.37%-25.54%-44.49%-46.99%
Advertising Expenses
-570.3350.4721.9967.4782.6