ZH
Income statement / Annual
Last year (2025), Zhihu Inc's total revenue was $2.67 B,
a decrease of 26.73% from the previous year.
In 2025, Zhihu Inc's net income was -$187.65 M.
See Zhihu Inc,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2025
|
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
| Period Ended |
12/31/2025 |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
| Operating Revenue |
$2.67 B |
$3.65 B |
$4.20 B |
$3.67 B |
$2.92 B |
$1.28 B |
$668.70 M |
| Cost of Revenue |
$1.07 B
|
$1.44 B
|
$1.90 B
|
$1.83 B
|
$1.39 B
|
$561.95 M
|
$357.27 M
|
| Gross Profit |
$1.60 B
|
$2.21 B
|
$2.30 B
|
$1.84 B
|
$1.53 B
|
$716.43 M
|
$311.43 M
|
| Gross Profit Ratio |
0.6
|
0.61
|
0.55
|
0.5
|
0.53
|
0.56
|
0.47
|
| Research and Development Expenses |
$510.69 M
|
$742.93 M
|
$901.33 M
|
$776.77 M
|
$611.56 M
|
$311.76 M
|
$350.06 M
|
| General & Administrative Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$1.46 B
|
$1.96 B
|
$2.47 B
|
$2.69 B
|
$2.29 B
|
$974.64 M
|
$1.02 B
|
| Other Expenses |
$6.99
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Operating Expenses |
$1.97 B
|
$2.70 B
|
$3.37 B
|
$3.47 B
|
$2.91 B
|
$1.29 B
|
$1.37 B
|
| Cost And Expenses |
$3.04 B
|
$4.14 B
|
$5.27 B
|
$5.30 B
|
$4.29 B
|
$1.85 B
|
$1.72 B
|
| Interest Income |
$295.14 M
|
$114.96 M
|
$158.67 M
|
$68.10 M
|
$31.31 M
|
$24.75 M
|
$28.67 M
|
| Interest Expense |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Depreciation & Amortization |
$0.00
|
$22.26 M
|
$24.89 M
|
$25.65 M
|
$21.17 M
|
$18.53 M
|
$20.15 M
|
| EBITDA |
-$370.57 M |
-$158.63 M |
-$802.70 M |
-$1.57 B |
-$1.26 B |
-$469.75 M |
-$981.32 M |
| EBITDA Ratio |
-0.14
|
-0.04
|
-0.19
|
-0.43
|
-0.43
|
-0.37
|
-1.47
|
| Operating Income Ratio |
-0.14
|
-0.13
|
-0.26
|
-0.44
|
-0.47
|
-0.45
|
-1.58
|
| Total Other Income/Expenses Net |
$201.82 M
|
$307.01 M
|
$244.50 M
|
$40.23 M
|
$96.01 M
|
$81.69 M
|
$54.15 M
|
| Income Before Tax |
-$168.75 M
|
-$180.89 M
|
-$827.58 M
|
-$1.59 B
|
-$1.28 B
|
-$488.28 M
|
-$1.00 B
|
| Income Before Tax Ratio |
-0.06
|
-0.05
|
-0.2
|
-0.43
|
-0.44
|
-0.38
|
-1.5
|
| Income Tax Expense |
$21.10 M
|
-$9.52 M
|
$11.83 M
|
$14.43 M
|
$5.37 M
|
$1.02 M
|
$39.89 K
|
| Net Income |
-$187.65 M
|
-$174.24 M
|
-$843.53 M
|
-$1.61 B
|
-$1.28 B
|
-$489.30 M
|
-$1.00 B
|
| Net Income Ratio |
-0.07
|
-0.05
|
-0.2
|
-0.44
|
-0.44
|
-0.38
|
-1.5
|
| EPS |
-2.37 |
-1.89 |
-8.47 |
-15.68 |
-18.35 |
-12.85 |
-10.12 |
| EPS Diluted |
-2.37 |
-1.89 |
-8.47 |
-15.68 |
-18.35 |
-12.85 |
-10.12 |
| Weighted Average Shares Out |
$80.01 M
|
$91.42 M
|
$99.61 M
|
$100.50 M
|
$79.18 M
|
$92.14 M
|
$99.06 M
|
| Weighted Average Shares Out Diluted |
$80.01 M
|
$91.42 M
|
$99.61 M
|
$100.50 M
|
$79.18 M
|
$92.14 M
|
$99.06 M
|
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