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Zhihu Inc.

$2.9 -$0.43 (-12.91%)
NYSE · 14 Sep 2026 20:00 UTC
Previous Close
$2.84
Day Range
$2.84$2.94
Year Range
$2.56$5.55
Market Cap
234.51M
AVG Volume
225.75K
Trailing/Forward PE
-2.12/-
PEG ratio
0.04
Dividend Yield
-
Next Earnings Date
2026-12-02
Primary Exchange
New York Stock ExchangeUS
Revenue (CNY)
02B4B6B202020212022202320242025
ZH Revenue (CNY) by year
PeriodRevenue (CNY)
20252.73B
20243.6B
20234.22B
20223.61B
20212.96B
20201.34B
Net Income (CNY)
-2B-1.5B-1B-500M0202020212022202320242025
ZH Net Income (CNY) by year
PeriodNet Income (CNY)
2025-190.7M
2024-171.49M
2023-853.48M
2022-1.59B
2021-1.3B
2020-516.85M
Operating Income (CNY)
-2B-1.5B-1B-500M0202020212022202320242025
ZH Operating Income (CNY) by year
PeriodOperating Income (CNY)
2025-378.07M
2024-480.97M
2023-1.08B
2022-1.61B
2021-1.39B
2020-601.58M
EBITDA (CNY)
-2B-1.5B-1B-500M0202020212022202320242025
ZH EBITDA (CNY) by year
PeriodEBITDA (CNY)
2025-137.07M
2024-165.81M
2023-837.51M
2022-1.58B
2021-1.3B
2020-511.05M
Cash Flows (CNY)
-600M-400M-200M0200M202020212022202320242025
ZH Cash Flows (CNY) by year
PeriodCash Flows (CNY)
2025-424.4M
20240
2023108.36M
2022128.83M
20210
202051.82M
EPS (CNY)
-20-15-10-50202020212022202320242025
ZH EPS (CNY) by year
PeriodEPS (CNY)
2025-2.4
2024-1.85
2023-8.49
2022-15.73
2021-13.42
2020-5.29
Expenses (CNY)
01B2B3B4BR&DSG&ACapex202020212022202320242025
ZH Expenses (CNY) by year
PeriodExpenses (CNY)
20252.02B
20242.66B
20233.39B
20223.42B
20212.95B
20201.35B
Cash & Debt (CNY)
02B4B6B8BCashShort Term Debt202020212022202320242025
ZH Cash & Debt (CNY) by year
PeriodCash & Debt (CNY)
20254.24B
20244.86B
20235.46B
20226.26B
20217.21B
20203.1B
Debt ratios
00.511.52202320242025
ZH Debt ratios by year
PeriodDebt ratios
20251.54
20241.25
20231.28
Margins
0%20%40%60%80%202020212022202320242025
ZH Margins by year
PeriodMargins
202559.95%
202460.58%
202354.64%
202250.06%
202152.53%
202055.96%
Return on Capital
-30%-20%-10%0%202020212022202320242025
ZH Return on Capital by year
PeriodReturn on Capital
2025-4.92%
2024-4.09%
2023-18.15%
2022-27.99%
2021-19.29%
2020-18.82%
Shares Outstanding
050M100M150M202020212022202320242025
ZH Shares Outstanding by year
PeriodShares Outstanding
202578.51M
202491.42M
202396.21M
2022100.44M
202197.87M
202092.14M
Book Value Per Share (CNY)
020406080202020212022202320242025
ZH Book Value Per Share (CNY) by year
PeriodBook Value Per Share (CNY)
202549.39
202445.89
202348.87
202256.69
202168.93
202029.81
Total Assets (CNY)
02.5B5B7.5B10B202020212022202320242025
ZH Total Assets (CNY) by year
PeriodTotal Assets (CNY)
20255.19B
20245.73B
20236.8B
20227.66B
20218.81B
20203.76B
Employee Count
01K2K3K20212022202320242025
ZH Employee Count by year
PeriodEmployee Count
20251.15K
20241.89K
20232.73K
20222.52K
20212.65K
PE Ratio
1416182022med 18.65Sep 25Oct 25Nov 25Dec 25Jan 26Mar 26Apr 26
ZH PE Ratio by year
PeriodPE Ratio
Apr 2617.04
Apr 2616.22
Mar 2614.03
Mar 2614.89
Mar 2616.57
Mar 2616.63
Feb 2617.71
Feb 2618.8
Feb 2618.96
Feb 2618.73
Jan 2620.38
Jan 2619.93
Jan 2619.89
Jan 2619.26
Jan 2618.11
Dec 2518.42
Dec 2519.44
Dec 2518.65
Dec 2518.97
Nov 2520.3
Nov 2516.37
Nov 2516.51
Nov 2517.06
Oct 2517.87
Oct 2517.75
Oct 2517.48
Oct 2518.4
Oct 2520.38
Sep 2520.58
Sep 2521.35
Sep 2521.71
Sep 2520.05
Aug 2519.75
Free Cash Flow Yield
-40%-30%-20%-10%0%med 0%Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
ZH Free Cash Flow Yield by year
PeriodFree Cash Flow Yield
Sep 26-28.53%
Sep 26-29.13%
Sep 26-32.05%
Aug 26-28.95%
Aug 26-25.4%
Aug 26-25.64%
Aug 26-25.06%
Jul 26-24.89%
Jul 26-25.85%
Jul 26-25.59%
Jul 26-24.88%
Jul 26-25.7%
Jun 26-26.59%
Jun 26-26.03%
Jun 26-25.24%
Jun 26-25.95%
May 26-27.09%
May 26-26.09%
May 26-25.45%
May 26-24.24%
May 26-24.75%
Apr 26-23.26%
Apr 26-20.82%
Apr 260%
Apr 260%
Mar 260%
Mar 260%
Mar 260%
Mar 260%
Feb 260%
Feb 260%
Feb 260%
Feb 260%
Jan 260%
Jan 260%
Jan 260%
Jan 260%
Jan 260%
Dec 250%
Dec 250%
Dec 250%
Dec 250%
Nov 250%
Nov 250%
Nov 250%
Nov 250%
Oct 250%
Oct 250%
Oct 250%
Oct 250%
Oct 250%
Sep 250%
Sep 250%
Sep 250%
Sep 250%
Aug 250%
Aug 250%
Aug 250%
Aug 250%
Aug 250%
Jul 250%
Jul 250%
Jul 250%
Jul 250%
Jun 250%
Jun 250%
Jun 250%
Jun 250%
May 250%
May 250%
May 250%
May 250%
May 250%
Apr 250%
Apr 250%
Apr 250%
Apr 250%
Mar 250%
Mar 250%
Mar 250%
Mar 250%
Feb 250%
Feb 250%
Feb 250%
Feb 250%
Jan 250%
Jan 250%
Jan 250%
Jan 250%
Jan 250%
Dec 240%
Dec 240%
Dec 240%
Dec 240%
Nov 240%
Nov 240%
Nov 240%
Nov 240%
Nov 240%
Oct 240%
Price to Sales
0.40.60.81med 0.65Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
ZH Price to Sales by year
PeriodPrice to Sales
Sep 260.57
Sep 260.55
Sep 260.5
Aug 260.56
Aug 260.63
Aug 260.62
Aug 260.64
Jul 260.64
Jul 260.62
Jul 260.63
Jul 260.64
Jul 260.62
Jun 260.6
Jun 260.62
Jun 260.63
Jun 260.62
May 260.57
May 260.6
May 260.61
May 260.64
May 260.63
Apr 260.67
Apr 260.75
Apr 260.59
Apr 260.56
Mar 260.48
Mar 260.51
Mar 260.57
Mar 260.57
Feb 260.61
Feb 260.65
Feb 260.66
Feb 260.65
Jan 260.7
Jan 260.69
Jan 260.69
Jan 260.67
Jan 260.63
Dec 250.64
Dec 250.67
Dec 250.64
Dec 250.66
Nov 250.7
Nov 250.73
Nov 250.73
Nov 250.76
Oct 250.79
Oct 250.79
Oct 250.77
Oct 250.82
Oct 250.9
Sep 250.91
Sep 250.95
Sep 250.96
Sep 250.89
Aug 250.88
Aug 250.83
Aug 250.73
Aug 250.75
Aug 250.73
Jul 250.78
Jul 250.82
Jul 250.82
Jul 250.76
Jun 250.68
Jun 250.62
Jun 250.66
Jun 250.7
May 250.67
May 250.72
May 250.74
May 250.71
May 250.76
Apr 250.74
Apr 250.65
Apr 250.63
Apr 250.67
Mar 250.74
Mar 250.83
Mar 250.85
Mar 250.98
Feb 250.88
Feb 250.94
Feb 250.92
Feb 250.63
Jan 250.6
Jan 250.6
Jan 250.58
Jan 250.57
Jan 250.62
Dec 240.64
Dec 240.62
Dec 240.65
Dec 240.67
Nov 240.62
Nov 240.59
Nov 240.57
Nov 240.55
Nov 240.57
Oct 240.58
EV/EBITDA
-25-20-15-10-5med -15.75Sep 25Oct 25Nov 25Dec 25Jan 26Mar 26Apr 26
ZH EV/EBITDA by year
PeriodEV/EBITDA
Apr 26-17.86
Apr 26-18.46
Mar 26-20.09
Mar 26-19.46
Mar 26-18.21
Mar 26-18.17
Feb 26-17.37
Feb 26-16.55
Feb 26-16.43
Feb 26-16.61
Jan 26-15.38
Jan 26-15.72
Jan 26-15.75
Jan 26-16.21
Jan 26-17.07
Dec 25-16.84
Dec 25-16.08
Dec 25-16.66
Dec 25-16.43
Nov 25-15.44
Nov 25-12.05
Nov 25-11.94
Nov 25-11.5
Oct 25-10.86
Oct 25-10.95
Oct 25-11.17
Oct 25-10.43
Oct 25-8.86
Sep 25-8.7
Sep 25-8.08
Sep 25-7.8
Sep 25-9.12
Aug 25-9.36
Price/Operating Cashflow
050100150med 27.61Dec 22Mar 23Jun 23Oct 23Jan 24May 24Aug 24
ZH Price/Operating Cashflow by year
PeriodPrice/Operating Cashflow
Aug 2439.34
Aug 2439.05
Aug 2439.57
Aug 2440.67
Jul 2440.8
Jul 2442.97
Jul 2439.65
Jul 2441.16
Jun 2435.11
Jun 2436.62
Jun 2438.52
Jun 2443.48
May 2441.78
May 2422.44
May 2427.26
May 2424.89
May 2426.16
Apr 2425.48
Apr 2417.47
Apr 2419.77
Apr 2419.8
Mar 2419.27
Mar 2420.03
Mar 2422.18
Mar 2421.08
Mar 2422.18
Feb 2421.57
Feb 2421.71
Feb 2420.58
Feb 2421.61
Jan 2423.8
Jan 2422.69
Jan 2424.42
Jan 2423.68
Dec 2325.94
Dec 2326.35
Dec 2326.25
Dec 2327.96
Dec 2323.82
Nov 2322.18
Nov 2322.15
Nov 2322.62
Nov 2322.88
Oct 2322.93
Oct 2322.92
Oct 2322.67
Oct 2322.43
Sep 2323.33
Sep 2322.05
Sep 2323.47
Sep 2323.01
Sep 2323.64
Aug 2322.63
Aug 2326.17
Aug 2326.02
Aug 2327.42
Jul 2327.8
Jul 2325.13
Jul 2326.84
Jul 2325.96
Jun 2326.78
Jun 2324.4
Jun 2326.55
Jun 2325.62
Jun 2324.3
May 2334.03
May 2330.81
May 2331.62
May 2333.62
Apr 2335.56
Apr 2337.4
Apr 2338.56
Apr 2341.16
Mar 2340.8
Mar 2339.51
Mar 2338
Mar 2341.33
Mar 2352
Feb 2372.35
Feb 2382.52
Feb 2384.21
Feb 2371.89
Jan 2386.29
Jan 2380.09
Jan 2382.89
Jan 2389.38
Dec 2263.03
Dec 2268.76
Dec 2268.11
Dec 2264.54
Dec 2267.1
Nov 22105.02
Nov 22130.46
Nov 22104.18
Nov 22106.35
Oct 22106.28
Oct 22113.56
Oct 22115.94
Oct 22119.92
Sep 22110.54
Price to Book
0.20.40.60.81med 0.53Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
ZH Price to Book by year
PeriodPrice to Book
Sep 260.4
Sep 260.39
Sep 260.35
Aug 260.39
Aug 260.44
Aug 260.43
Aug 260.44
Jul 260.45
Jul 260.43
Jul 260.43
Jul 260.45
Jul 260.43
Jun 260.42
Jun 260.43
Jun 260.44
Jun 260.43
May 260.4
May 260.42
May 260.43
May 260.45
May 260.44
Apr 260.47
Apr 260.53
Apr 260.42
Apr 260.4
Mar 260.35
Mar 260.37
Mar 260.41
Mar 260.41
Feb 260.44
Feb 260.47
Feb 260.47
Feb 260.47
Jan 260.51
Jan 260.5
Jan 260.5
Jan 260.48
Jan 260.45
Dec 250.46
Dec 250.48
Dec 250.46
Dec 250.47
Nov 250.51
Nov 250.54
Nov 250.55
Nov 250.56
Oct 250.59
Oct 250.59
Oct 250.58
Oct 250.61
Oct 250.67
Sep 250.68
Sep 250.71
Sep 250.72
Sep 250.66
Aug 250.65
Aug 250.67
Aug 250.59
Aug 250.61
Aug 250.59
Jul 250.63
Jul 250.66
Jul 250.66
Jul 250.62
Jun 250.55
Jun 250.5
Jun 250.54
Jun 250.56
May 250.54
May 250.61
May 250.64
May 250.61
May 250.66
Apr 250.63
Apr 250.56
Apr 250.56
Apr 250.59
Mar 250.66
Mar 250.74
Mar 250.75
Mar 250.87
Feb 250.78
Feb 250.83
Feb 250.81
Feb 250.55
Jan 250.53
Jan 250.53
Jan 250.52
Jan 250.51
Jan 250.55
Dec 240.57
Dec 240.55
Dec 240.58
Dec 240.59
Nov 240.55
Nov 240.54
Nov 240.52
Nov 240.5
Nov 240.53
Oct 240.53
Zhihu Inc.
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News: ZH

Zhihu Inc. Announces Proposed Subscription in AI-Focused Investment Fund

globenewswire.com · 6 Sep 2026

Zhihu Inc. Announces Proposed Subscription in AI-Focused Investment Fund

BEIJING, China, Sept. 06, 2026 (GLOBE NEWSWIRE) -- Zhihu Inc. (“Zhihu” or the “Company”) (NYSE: ZH; HKEX: 2390), a leading online content community in China, today announced that the Company, through a wholly owned subsidiary, has entered into a subscription agreement for a limited partnership interest in Tianjin Lisi Xingshen Equity Investment Partnership (Limited Partnership) (the “Fund”), subject to approval by the Company's shareholders at an extraordinary general meeting (“EGM”).

Zhihu: Move Past The Revenue Shortfall

seekingalpha.com · 27 Aug 2026

Zhihu: Move Past The Revenue Shortfall

Zhihu remains a "Buy," as sequential revenue growth and improved operating losses outweigh the top-line miss. Disciplined cost control led to R&D and S&M expense reductions, supporting a leaner financial profile and better-than-expected loss from operations in Q2. New growth drivers are emerging for Zhihu in the form of IP licensing and Expert Data Solutions.

Zhihu Inc. (ZH) Q2 2026 Earnings Call Transcript

seekingalpha.com · 26 Aug 2026

Zhihu Inc. (ZH) Q2 2026 Earnings Call Transcript

Zhihu Inc. (ZH) Q2 2026 Earnings Call Transcript

Zhihu Q2 Earnings Call Highlights

marketbeat.com · 26 Aug 2026

Zhihu Q2 Earnings Call Highlights

Zhihu NYSE: ZH reported second-quarter 2026 revenue of CNY690.1 million, down 3.7% from a year earlier but up 5.9% sequentially, as growth in content and intellectual-property operations helped offset continued pressure in marketing services.

Zhihu Inc. Reports Unaudited Second Quarter 2026 Financial Results

globenewswire.com · 26 Aug 2026

Zhihu Inc. Reports Unaudited Second Quarter 2026 Financial Results

BEIJING, China, Aug. 26, 2026 (GLOBE NEWSWIRE) -- Zhihu Inc. (“Zhihu” or the “Company”) (NYSE: ZH; HKEX: 2390), a leading online content community in China, today announced its unaudited financial results for the quarter ended June 30, 2026.

Zhihu Inc. to Report Second Quarter 2026 Financial Results on August 26, 2026

globenewswire.com · 3 Aug 2026

Zhihu Inc. to Report Second Quarter 2026 Financial Results on August 26, 2026

BEIJING, Aug. 03, 2026 (GLOBE NEWSWIRE) -- Zhihu Inc. (“Zhihu” or the “Company”) (NYSE: ZH; HKEX: 2390), a leading online content community in China, today announced that it will report its unaudited financial results for the quarter ended June 30, 2026 before the U.S. market opens on August 26, 2026.

Zhihu Inc. Announces Results of the Annual General Meeting

globenewswire.com · 30 Jun 2026

Zhihu Inc. Announces Results of the Annual General Meeting

BEIJING, China, June 30, 2026 (GLOBE NEWSWIRE) -- Zhihu Inc. (NYSE: ZH; HKEX: 2390) (“Zhihu” or the “Company”), a leading online content community in China, today announced that each of the proposed resolutions submitted for shareholders' approval (the “Proposed Resolutions”) as set forth in the notice of annual general meeting dated June 8, 2026 (the “AGM Notice”) has been adopted at its annual general meeting of shareholders held in Beijing, China today.

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