Company Overview
Zhihu Inc., together with its subsidiaries, operates an online content community in the People's Republic of China. The company offers contents in various categories, including career development, science and technology, business and finance, consumer decision-making, lifestyle, entertainment, and others. It also provides Yan Selection membership program which provides premium content items, such as fictional stories and novels, other books and magazines, live and recorded lectures, and audio books. In addition, the company offers marketing services comprising online advertising services and content-commerce solutions; and content-related services, including vocational training and other content-based offering. Further, it is involved in the provision of technology, business support, consulting, and internet services, as well as holds audio-visual permit. The company was formerly known as Zhihu Technology Limited and changed its name to Zhihu Inc. in October 2020. Zhihu Inc. was founded in 2010 and is headquartered in Beijing, the People's Republic of China.
Why Investors Should Care
Net profit has compounded at 29.3% per year over the last five years.
Recent Developments
- Dec 2025 Revenue of $2.75B (-23.6% YoY); net profit $-192.90M.
- Trailing 12 Months Year-on-year growth — revenue -10.7%.
- 5-Year Trend Long-term compounding — revenue CAGR -8.6%, profit CAGR 29.3%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | -8.64% |
| 1 Year: | -10.70% |
Compounded Profit Growth
| 5 Years: | 29.27% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | -21.39% |
| 6 Months: | -13.95% |
| 3 Months: | +2.19% |
| 1 Month: | +5.14% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMABelow
- RSI (14)56.12 · Neutral
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Profit CAGR of 29.3% over 5 years.
CONS
- Revenue declined at -8.6% CAGR over 5 years.
- Trading 39.7% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Communication Services).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | ZH Zhihu Inc. | 3.27 | -9.34 | $281.03M | 0.00% | -9.71% | -4.85% | -8.64% | 29.27% |
| 2 | GOOGL Alphabet Inc. NDXSPXAI | 356.13 | 27.14 | $2.09T | 0.24% | 26.20% | 38.88% | 17.96% | 21.53% |
| 3 | META Meta Platforms, Inc. NDXSPXAI | 556.71 | 20.24 | $1.22T | 0.32% | 25.69% | 32.93% | 36.10% | 35.91% |
| 4 | NFLX Netflix, Inc. NDXSPXAI | 71.71 | 23.13 | $301.96B | 0.00% | 29.87% | 48.49% | 22.30% | 32.79% |
| 5 | VZ Verizon Communications Inc. SPX | 46.81 | 11.42 | $195.46B | 6.65% | 8.59% | 17.20% | 0.33% | -6.86% |
| 6 | TMUS T-Mobile US, Inc. NDXSPX | 172.71 | 18.35 | $186.91B | 2.18% | 9.39% | 18.02% | 22.63% | 28.77% |
| 7 | DIS The Walt Disney Company SPX | 96.19 | 15.39 | $167.04B | 1.56% | 10.74% | 11.01% | 6.96% | 4.12% |
| 8 | T AT&T Inc. SPX | 23.25 | 7.83 | $161.55B | 5.22% | 6.59% | 18.37% | 0.31% | 3.44% |
| 9 | APP AppLovin Corporation NDXSPXAI | 395.90 | 34.40 | $121.04B | 0.00% | 70.20% | - | 24.84% | 609.87% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | 729.66M | 716.89M | 658.93M | 643.52M | 651.57M |
| Cost of Revenue | 278.56M | 268.71M | 255.29M | 298.70M | 263.24M |
| Gross Profit | 451.10M | 448.18M | 403.64M | 344.82M | 388.33M |
| Operating Expenses | 503.71M | 539.19M | 503.46M | 482.34M | 451.22M |
| Operating Income | -52.60M | -91.01M | -99.81M | -137.52M | -62.88M |
| EBITDA | -52.60M | -91.01M | -99.81M | -137.52M | -62.88M |
| Interest Expense | - | - | - | - | - |
| Pretax Income | -10.34M | 101.16M | -45.89M | -218.40M | -6.92M |
| Tax Provision | -233.00K | 28.68M | 850.00K | -7.61M | 1.61M |
| Net Income | -10.09M | 72.48M | -46.66M | -208.63M | -8.50M |
| Diluted EPS | -0.12 | 0.87 | -0.57 | -2.67 | -0.12 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | - | 3.60B | 4.20B | 3.60B | 2.75B |
| Cost of Revenue | - | 1.80B | 1.90B | 1.42B | 1.10B |
| Gross Profit | - | 1.81B | 2.30B | 2.18B | 1.65B |
| Operating Expenses | - | 3.41B | 3.37B | 2.66B | 2.03B |
| Operating Income | - | -1.60B | -1.07B | -481.08M | -380.94M |
| EBITDA | - | -1.58B | -1.05B | -459.13M | -356.05M |
| Interest Expense | - | - | - | - | - |
| Pretax Income | - | -1.56B | -827.70M | -178.36M | -173.47M |
| Tax Provision | - | 14.18M | 11.83M | -9.39M | 21.69M |
| Net Income | - | -1.58B | -843.64M | -171.80M | -192.90M |
| Diluted EPS | - | -15.57 | -8.46 | -1.89 | -2.40 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Total Assets | - | 7.66B | 6.80B | 5.73B | 5.19B |
| Current Assets | - | 7.32B | 6.38B | 5.48B | 4.73B |
| Cash & Equivalents | - | 4.53B | 2.11B | 4.00B | 3.37B |
| Inventory | - | - | - | - | - |
| Receivables | - | 834.25M | 664.62M | 420.64M | 358.00M |
| Total Liabilities | - | 1.96B | 2.09B | 1.54B | 1.32B |
| Current Liabilities | - | 1.82B | 1.95B | 1.52B | 1.27B |
| Long Term Debt | - | - | - | - | - |
| Total Debt | - | 96.56M | 45.73M | 19.13M | 71.97M |
| Total Equity | - | 5.65B | 4.60B | 4.14B | 3.80B |
| Shares Outstanding | - | 316.36M | 305.50M | 261.95M | 269.86M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | -1.11B | -363.61M | -280.19M | -415.53M |
| Investing Cash Flow | - | 3.49B | -116.30M | 2.56B | -1.68B |
| Financing Cash Flow | - | -108.35M | -131.63M | -403.86M | -365.06M |
| Capital Expenditure | - | -714.00K | -1.46M | -2.73M | -8.88M |
| Free Cash Flow | - | -1.12B | -365.06M | -282.92M | -424.40M |
| Net Change in Cash | - | 2.27B | -611.53M | 1.88B | -2.46B |
Ratios (Annual)
Figures in %.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Gross Margin % | - | 50.2% | 54.7% | 60.6% | 59.9% |
| Operating Margin % | - | -44.5% | -25.5% | -13.4% | -13.9% |
| Net Margin % | - | -43.9% | -20.1% | -4.8% | -7.0% |
| ROE % | - | -28.0% | -18.3% | -4.2% | -5.1% |
| ROCE % | - | -27.5% | -22.1% | -11.4% | -9.7% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Acadian Asset Management. LLC | 3.87% | 3.23M | $10.58M |
| 2 | FIL LTD | 2.32% | 1.94M | $6.34M |
| 3 | E Fund Management Co., Ltd. | 0.79% | 664.67K | $2.17M |
| 4 | State Street Corporation | 0.73% | 611.05K | $2.00M |
| 5 | First Beijing Investment Ltd | 0.66% | 551.05K | $1.80M |
| 6 | E Fund Management (Hong Kong) Co., Ltd. | 0.61% | 508.02K | $1.66M |
| 7 | Goldman Sachs Group Inc | 0.59% | 494.12K | $1.62M |
| 8 | Dodge & Cox Inc. | 0.58% | 481.09K | $1.57M |
| 9 | Maven Securities Limited | 0.57% | 479.76K | $1.57M |
| 10 | UBS Group AG | 0.54% | 447.81K | $1.46M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for ZH
ZH — Frequently Asked Questions
What is the current share price of Zhihu Inc. (ZH)?
As of 2026-08-02 19:16 PDT, Zhihu Inc. (ZH) trades at $3.27 on NYSE. Its 52-week range is $2.61 to $5.42.
What is the market capitalisation of ZH?
Zhihu Inc. (ZH) has a market capitalisation of $281.03M on NYSE.
What is the P/E ratio of ZH?
ZH trades at a trailing price-to-earnings (P/E) ratio of -9.34. The industry average P/E is 20.37. Its price-to-book (P/B) ratio is 0.47.
What is the return on equity (ROE) of ZH?
ZH has a return on equity (ROE) of -4.85%. Its return on capital employed (ROCE) is -9.71%.
Is ZH a good stock to buy?
This page provides a data-driven analysis of Zhihu Inc. (ZH), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.