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Zhihu Inc. American Depositary Shares, each representing three (3) Class A Ordinary Shares (ZH) Financial Statements

Zhihu Inc. American Depositary Shares, each representing three (3) Class A Ordinary Shares
SIC 6719 · LIFE INSURANCE
FIGI BBG00ZKGL1L5
XNYS · usd
2.84▲ 0.26 (10.08%)
As of 2026-09-08
Valuation
Market Cap
Enterprise Value
Trailing P/E—
Price / Sales
EV / Revenue
EV / EBITDA
Financial Highlights
Revenue (TTM)
Net Income (TTM)
EBITDA
Diluted EPS (TTM)
EBITDA Margin
Net Debt
Trading Information
Previous Close2.58
Day's Range2.61 – 2.95
52-Week Range2.56 – 5.55
Volume875.7K
Avg Volume261.4K
Share Statistics
Shares Outstanding
Employees1,154
ExchangeXNYS
Listed2021-03-26
Share count as of December 31, 2025
Loading Income Statement…
Key questions about Zhihu Inc. American Depositary Shares, each representing three (3) Class A Ordinary Shares (ZH)
What is Zhihu Inc. American Depositary Shares, each representing three (3) Class A Ordinary Shares's Market Cap?
Zhihu Inc. American Depositary Shares, each representing three (3) Class A Ordinary Shares's Market Cap is $766.4M, based on as-reported figures from SEC (XBRL) filings.
What is Zhihu Inc. American Depositary Shares, each representing three (3) Class A Ordinary Shares's Enterprise Value?
Zhihu Inc. American Depositary Shares, each representing three (3) Class A Ordinary Shares's Enterprise Value is $169.4M, based on as-reported figures from SEC (XBRL) filings.
What is Zhihu Inc. American Depositary Shares, each representing three (3) Class A Ordinary Shares's Price / Sales?
Zhihu Inc. American Depositary Shares, each representing three (3) Class A Ordinary Shares's Price / Sales is 1.9×, based on as-reported figures from SEC (XBRL) filings.
What is Zhihu Inc. American Depositary Shares, each representing three (3) Class A Ordinary Shares's EV / Revenue?
Zhihu Inc. American Depositary Shares, each representing three (3) Class A Ordinary Shares's EV / Revenue is 0.4×, based on as-reported figures from SEC (XBRL) filings.
What is Zhihu Inc. American Depositary Shares, each representing three (3) Class A Ordinary Shares's EV / EBITDA?
Zhihu Inc. American Depositary Shares, each representing three (3) Class A Ordinary Shares's EV / EBITDA is n/m, based on as-reported figures from SEC (XBRL) filings.
What is Zhihu Inc. American Depositary Shares, each representing three (3) Class A Ordinary Shares's Revenue (TTM)?
Zhihu Inc. American Depositary Shares, each representing three (3) Class A Ordinary Shares's Revenue (TTM) is $393.1M, based on as-reported figures from SEC (XBRL) filings.
What is Zhihu Inc. American Depositary Shares, each representing three (3) Class A Ordinary Shares's Net Income (TTM)?
Zhihu Inc. American Depositary Shares, each representing three (3) Class A Ordinary Shares's Net Income (TTM) is -$27.9M, based on as-reported figures from SEC (XBRL) filings.
What is Zhihu Inc. American Depositary Shares, each representing three (3) Class A Ordinary Shares's EBITDA?
Zhihu Inc. American Depositary Shares, each representing three (3) Class A Ordinary Shares's EBITDA is -$69.8M, based on as-reported figures from SEC (XBRL) filings.
What is Zhihu Inc. American Depositary Shares, each representing three (3) Class A Ordinary Shares's Diluted EPS (TTM)?
Zhihu Inc. American Depositary Shares, each representing three (3) Class A Ordinary Shares's Diluted EPS (TTM) is -0.10, based on as-reported figures from SEC (XBRL) filings.
What is Zhihu Inc. American Depositary Shares, each representing three (3) Class A Ordinary Shares's EBITDA Margin?
Zhihu Inc. American Depositary Shares, each representing three (3) Class A Ordinary Shares's EBITDA Margin is -17.8%, based on as-reported figures from SEC (XBRL) filings.
No Quarterly data available for this company — showing Annual instead. This company files annual reports only — foreign private issuers (Form 20-F / 40-F) are not required to file quarterly reports, so no quarterly figures exist to show.
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Income Statement(in thousands of USD, except per-share data)
Source: Akyla.ai
Line ItemDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
Revenues (including transactions with related parties of RMB 35,147, RMB 30,830 and RMB 47,472 for the years ended December 31, 2023, 2024 and 2025, respectively)
YoY growth-23.6%
Cost of revenues (including transactions with related parties of RMB 37,074, RMB 29,332 and RMB 21,934 for the years ended December 31, 2023, 2024 and 2025, respectively)
Gross profit
% of revenue59.9%
Operating expenses:
Selling and marketing expenses (including transactions with related parties of RMB 2,585, RMB 57,339 and RMB 28,158 for the years ended December 31, 2023, 2024 and 2025, respectively)
Research and development expenses (including transactions with related parties of nil, RMB 1,167 and RMB 1,388 for the years ended December 31, 2023, 2024 and 2025, respectively)
General and administrative expenses (including transactions with related parties of nil, RMB 3,792 and RMB 2,453 for the years ended December 31, 2023, 2024 and 2025, respectively)
Impairment of goodwill
Total operating expenses
% of revenue-78.4%
Loss from operations
% of revenue-18.5%
Other income/(expenses):
Investment income
Interest income
Fair value change of financial instruments—
Exchange gains/(losses)
Others, net
Loss before income tax
Income tax (expenses)/benefits
Net loss
% of revenue-7.1%
Net (income)/loss attributable to noncontrolling interests
Net loss attributable to Zhihu Inc.'s shareholders
Comprehensive (income)/loss attributable to noncontrolling interests
Comprehensive loss attributable to Zhihu Inc.'s shareholders
Net loss per share, basic
Net loss per share, diluted