Zhihu Inc. (ZH)
NYSE: ZH · Real-Time Price · USD
3.260
+0.070 (2.19%)
Jul 10, 2026, 4:00 PM EDT - Market closed
Zhihu Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 2,671 | 2,749 | 3,599 | 4,199 | 3,605 | 2,959 | |
Revenue Growth (YoY) | -20.69% | -23.62% | -14.29% | 16.48% | 21.82% | 118.85% |
Cost of Revenue | 1,086 | 1,101 | 1,418 | 1,903 | 1,797 | - |
Gross Profit | 1,585 | 1,648 | 2,181 | 2,296 | 1,808 | 1,554 |
Selling, General & Admin | 1,483 | 1,504 | 1,929 | 2,467 | 2,648 | - |
Research & Development | 493.2 | 525 | 732.55 | 901.45 | 763.36 | - |
Other Operating Expenses | - | 126.34 | - | - | - | - |
Total Operating Expenses | 1,976 | 2,155 | 2,662 | 3,368 | 3,412 | 0 |
Operating Income | -517.57 | -507.29 | -481.08 | -1,072 | -1,604 | -1,391 |
Interest Income | 241.11 | 303.41 | 180.41 | 200.37 | 138.48 | - |
Other Non-Operating Income (Expense) | 39.87 | 30.41 | 122.32 | 44.16 | -98.95 | - |
Total Non-Operating Income (Expense) | 280.98 | 333.81 | 302.73 | 244.53 | 39.53 | - |
Pretax Income | -170.05 | -173.47 | -178.36 | -827.7 | -1,564 | -1,293 |
Provision for Income Taxes | 23.53 | 21.69 | -9.39 | 11.83 | 14.18 | 5.44 |
Net Income | -193.58 | -195.16 | -168.97 | -839.53 | -1,578 | -1,299 |
Minority Interest in Earnings | 2.27 | 2.26 | -2.84 | -4.11 | -2.75 | - |
Net Income to Common | -191.31 | -192.9 | -171.8 | -843.64 | -1,581 | -1,469 |
Shares Outstanding (Basic) | 79 | 80 | 91 | 100 | 102 | 80 |
Shares Outstanding (Diluted) | 79 | 80 | 91 | 100 | 102 | 80 |
Shares Change (YoY) | -10.24% | -12.25% | -8.55% | -1.87% | 26.92% | 267.91% |
EPS (Basic) | -2.46 | -2.40 | -1.89 | -8.46 | -15.57 | -18.36 |
EPS (Diluted) | -2.49 | -2.40 | -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 | -19.38% | -18.45% | -13.37% | -25.54% | -44.49% | -46.99% |
Profit Margin | -7.25% | -7.10% | -4.69% | -19.99% | -43.78% | -43.89% |
FCF Margin | - | -13.27% | -7.86% | -10.10% | -30.95% | -15.13% |
EBITDA | -517.57 | -488.29 | -459.14 | -1,047 | -1,579 | -1,369 |
EBITDA Margin | -19.38% | -17.76% | -12.76% | -24.94% | -43.79% | -46.27% |
EBIT | -517.57 | -507.29 | -481.08 | -1,072 | -1,604 | -1,391 |
EBIT Margin | -19.38% | -18.45% | -13.37% | -25.54% | -44.49% | -46.99% |
Effective Tax Rate | -13.84% | -12.50% | 5.27% | -1.43% | -0.91% | -0.42% |