Zhihu Inc.

Zhihu Inc.

ZH
Zhihu Inc.US flagNew York Stock Exchange
3.17
USD
-0.02
- -
256.50MMarket Cap
Zhihu Inc.
ZH
(New York Stock Exchange)

Recent

price

3.17

P/E

ratio

- -

div

yld

- -

ROIC.AI

2019
2020
2021
2022
2023
2024
2025
TTM
FRC
8.19
14.51
29.69
35.48
42.11
39.47
34.36
33.83
Revenue per Share
-12.27
-5.56
-13.03
-15.56
-8.46
-1.88
-2.41
-2.42
Basic EPS, GAAP
-8.81
-2.64
-4.49
-10.98
-3.66
-3.1
-5.3
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-48.12
-53.12
-63
-77.37
-87.33
-97.36
-113.36
- -
Book Value per Share
-49.19
-55.47
66.17
54.01
44.01
44.03
48.06
48.15
Tangible Book Value per Share
82
93
100
102
100
91
80
79
Basic Weighted Avg Shares
671
1,352
2,959
3,605
4,199
3,599
2,749
2,671
Sales/Revenue/Turnover
-157.86
-44.59
-46.99
-44.49
-25.54
-13.37
-13.86
-14.65
Operating Margin (%)
20
20
21
25
19
22
25
- -
Depreciation Expense
-1,004
-518
-1,299
-1,581
-844
-172
-193
-191
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
28.35
Effective Tax Rate (%)
-149.77
-38.27
-43.89
-43.86
-20.09
-4.77
-7.02
-7.16
Profit Margin (%)
3,139
2,706
6,436
5,495
4,432
3,960
3,464
3,530
Working Capital
3
- -
82
43
4
2
16
9
LT Debt
-3,992
-5,144
6,738
5,694
4,702
4,196
3,875
3,830
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
130
56
18
LT Borrowings
- -
- -
- -
LT Finance Leases
20
16
9
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
269
270
266
Market Capitalization
2,952
1,836
1,547

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
4,872
4,732
4,798
Cash, Cash Equivalents & STI
4,372
4,240
4,280
Accounts Receivable, Net
326
358
390
Inventories
- -
- -
- -
Total Current Liabilities
1,321
1,268
1,268
Payables & Accruals
865
976
915
ST Debt
130
56
18
Deferred Revenue
193
186
222

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-56.46%
-7.64%
Free Cash Flow
- -
38.23%
50.01%
Net Income, GAAP
- -
11.74%
12.28%
Sales/Revenue/Turnover
- -
23.85%
-23.62%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
961
934
845
859
3,599
2025
730
717
659
644
2,749
2026
652
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-1.76
-0.89
-0.11
1.01
-1.88
2025
-0.12
0.9
-0.58
-2.66
-2.41
2026
-0.11
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Zhihu Inc operates as a leading online content community platform primarily in China, providing a question-and-answer (Q&A) social media service where users generate content to find solutions, share knowledge, and inspire others. Founded in 2010 and headquartered in Beijing, the company offers a broad portfolio of products and services including online advertising; paid membership subscriptions; content monetization solutions; vocational training and proprietary high-margin courses tailored to evolving user demands; and technology, business support, consulting, and information marketing services. The platform hosts diverse content categories ranging from daily lifestyle choices to specialized knowledge and expert advice. Zhihu also holds audio-visual permits supporting its media and internet services. Recently, Zhihu achieved its first profitable quarter in Q4 2024, marked by significant operational improvements including AI integration to enhance content trustworthiness and platform efficiency, leading to reduced costs and increased gross margins. It has actively repurchased substantial shares under its repurchase programs totaling over $1 billion in Class A shares to strengthen shareholder value. Zhihu continues to expand its strategic partnerships, leveraging premium brand collaborations such as with TCL and Bvlgari, and plans to deepen the integration of its vocational training business within its community. With dual primary listings on the New York Stock Exchange (NYSE: ZH) and the Hong Kong Stock Exchange (HKEX: 2390), Zhihu remains focused on sustainable long-term growth through technology-driven innovation and community engagement. This comprehensive operational and strategic approach positions Zhihu as a prominent player in China's internet content and information sector.

Company News

APIChatGPT
  • Zhihu Inc. Announces Results of the Annual General Meeting

  • Zhihu: Has Much Potential Yet To Be Unlocked

  • Zhihu: Trapped Between Structural Erosion And Fundamental Pivots

  • Zhihu Inc. to Hold Annual General Meeting on June 30, 2026

  • Zhihu Inc. (ZH) Q1 2026 Earnings Call Transcript

  • Zhihu Q1 Earnings Call Highlights

  • Zhihu Inc. Reports Unaudited First Quarter 2026 Financial Results

  • Zhihu Inc. Reports Unaudited First Quarter 2026 Financial Results

  • Zhihu Inc. Announces Change of Non-Executive Director

  • Zhihu Inc. Announces Change of Non-Executive Director

  • Zhihu Inc. to Report First Quarter 2026 Financial Results on June 3, 2026

  • Zhihu Inc. Publishes 2025 Environmental, Social and Governance Report

  • Zhihu Inc. Files Its 2025 Annual Report on Form 20-F

  • Zhihu: Has Growth Potential Even Though The AI Fallout Continues

  • Zhihu Q4 Earnings Call Highlights

  • Zhihu Inc. (ZH) Q4 2025 Earnings Call Transcript

  • Zhihu Inc. Reports Unaudited Fourth Quarter and Fiscal Year 2025 Financial Results

  • Zhihu (ZH) Expected to Announce Earnings on Wednesday

  • Zhihu Inc. to Report Fourth Quarter and Full Year 2025 Financial Results on March 25, 2026

  • Zhihu: Why It Could Be A Good Time To Get In