Stocktoria

Zhihu Inc. ZH

NYSE · stock · Services-Business Services, NEC · website · IPO 2021-03-26

Zhihu Inc. financials (annual)

Revenue
$1.35B $464.4M $522.7M $591.4M $493.0M $393.1M 202020212022202320242025
Net income
-$517.5M -$203.8M 202020212022202320242025
Free cash flow
-$246.4M -$70.3M -$161.8M -$59.7M -$38.8M -$52.2M 202020212022202320242025

Bars are annual figures from 2020 to 2025; red bars are negative (a loss or cash outflow).

MetricFY2025FY2024FY2023FY2022FY2021FY2020
Revenue$393.1M$493.0M$591.4M$522.7M$464.4M$1.4B
Gross profit$235.6M$298.8M$323.4M$262.1M$243.8M$757.8M
R&D expense$75.1M$100.4M$127.0M$110.7M$97.2M$329.8M
Operating income-$72.5M-$65.9M-$151.0M-$232.5M-$218.2M-$602.9M
Income tax$3.1M-$1.3M$1.7M$2.1M$854,000$1.1M
Net income-$203.8M-$517.5M
EPS (diluted)$-0.11$-0.09$-0.40$-0.75$-0.96$-18.36
Operating cash flow-$52.0M-$38.4M-$58.5M-$161.7M-$69.1M-$244.4M
Free cash flow-$52.2M-$38.8M-$59.7M-$161.8M-$70.3M-$246.4M
Cash & equivalents$481.8M$547.9M$296.7M$656.2M$338.5M$957.8M
Inventory$26.1M$31.0M$22.2M$10.3M$4.6M
Total assets$742.3M$785.4M$957.1M$1.1B$1.4B$3.8B
Total liabilities$188.2M$210.6M$294.9M$284.5M$324.4M$1.0B
Shareholders' equity$554.1M$574.8M$662.2M$825.6M$1.1B-$5.1B

Growth · year-over-year · Revenue CAGR -21.9%

MetricFY2025FY2024FY2023FY2022FY2021FY2020
Revenue growth-20.3%-16.6%+13.2%+12.6%-65.7%

Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.