Income Statement - Zhihu Inc. (ZH)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | |
|---|---|---|---|---|---|---|---|
| Total revenue | 2,674.11 | 3,649.90 | 4,198.32 | 3,668.23 | 2,921.01 | 1,278.38 | 668.70 |
| Cost of revenue | 1,071.26 | 1,438.17 | 1,902.78 | 1,828.43 | 1,387.23 | 561.95 | 357.27 |
| Gross profit | 1,602.85 | 2,211.73 | 2,295.54 | 1,839.81 | 1,533.78 | 716.43 | 311.43 |
| Total operating expenses | 1,973.42 | 2,699.63 | 3,367.62 | 3,471.73 | 2,906.49 | 1,286.40 | 1,367.04 |
| Operating income | -370.57 | -487.90 | -1,072.08 | -1,631.92 | -1,372.70 | -569.97 | -1,055.62 |
| Non-operating income (net) | 201.82 | 307.01 | 244.50 | 40.23 | 96.01 | 81.69 | 54.15 |
| Income before tax | -168.75 | -180.89 | -827.58 | -1,591.69 | -1,276.69 | -488.28 | -1,001.47 |
| Income tax expense | 21.10 | -9.52 | 11.83 | 14.43 | 5.37 | 1.02 | 0.04 |
| Net income | -187.65 | -174.24 | -843.53 | -1,608.93 | -1,282.06 | -489.30 | -1,001.51 |
Show Quarterly Income Statement
Income Statement - Zhihu Inc. (ZH)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 647.63 | 634.63 | 658.93 | 710.04 | 728.27 | 859.21 | 826.46 | 936.95 | 966.44 | 1,138.30 | 1,030.17 | 1,077.34 | 998.89 | 1,072.59 | 950.05 | 847.08 | 743.65 | 1,014.83 | 821.36 | 639.16 | 484.52 | 511.85 | 375.98 | 260.26 | 191.11 | 219.15 | 167.63 | 167.63 | 167.63 | 167.63 |
| Cost of revenue | 261.64 | 294.58 | 255.29 | 266.14 | 278.03 | 318.55 | 298.18 | 378.54 | 419.81 | 465.20 | 477.42 | 497.43 | 484.26 | 467.41 | 486.98 | 442.19 | 407.92 | 537.07 | 397.60 | 262.13 | 208.30 | 183.86 | 159.86 | 134.41 | 111.63 | 98.45 | 89.56 | 89.56 | 89.56 | 89.56 |
| Gross profit | 385.98 | 340.06 | 403.64 | 443.90 | 450.24 | 540.67 | 528.28 | 558.42 | 546.64 | 673.10 | 552.74 | 579.91 | 514.62 | 605.18 | 463.07 | 404.89 | 335.73 | 477.76 | 423.76 | 377.03 | 276.23 | 327.99 | 216.12 | 125.85 | 79.48 | 120.70 | 78.07 | 78.07 | 78.07 | 78.07 |
| Total operating expenses | 448.49 | 475.68 | 503.46 | 534.03 | 502.74 | 847.35 | 610.76 | 742.91 | 772.69 | 851.26 | 905.59 | 917.51 | 732.38 | 813.45 | 753.38 | 871.64 | 984.29 | 851.38 | 745.41 | 728.01 | 623.15 | 430.89 | 343.60 | 282.82 | 293.71 | 391.81 | 342.69 | 342.69 | 342.69 | 342.69 |
| Operating income | -62.50 | -135.62 | -99.82 | -90.14 | -52.50 | 11.87 | -82.48 | -184.49 | -226.05 | -178.16 | -352.84 | -337.60 | -217.76 | -208.27 | -290.31 | -466.75 | -648.56 | -373.62 | -321.65 | -350.98 | -346.93 | -102.91 | -127.47 | -156.97 | -214.23 | -271.11 | -264.62 | -264.62 | -264.62 | -264.62 |
| Non-operating income (net) | 55.63 | -79.76 | 53.92 | 190.33 | 42.18 | 71.87 | 72.77 | 96.54 | 60.59 | 79.98 | 72.02 | 52.09 | 42.80 | 38.08 | -17.02 | -20.26 | 36.33 | -5.01 | 52.83 | 31.07 | 18.54 | 14.71 | 19.74 | 40.91 | 10.45 | 34.27 | 13.57 | 13.57 | 13.57 | 13.57 |
| Income before tax | -6.88 | -215.38 | -45.89 | 100.19 | -10.32 | 83.74 | -9.71 | -87.95 | -165.47 | -98.18 | -280.82 | -285.52 | -174.96 | -170.19 | -307.33 | -487.01 | -612.23 | -378.63 | -268.82 | -319.91 | -328.38 | -88.20 | -107.73 | -116.06 | -203.78 | -236.84 | -251.05 | -251.05 | -251.05 | -251.05 |
| Income tax expense | 1.60 | -7.50 | 0.85 | 28.40 | -0.23 | -0.93 | -7.09 | 1.29 | 4.93 | -0.26 | 2.40 | 4.85 | 2.65 | 2.77 | 6.46 | 2.40 | 3.01 | 0.30 | 1.58 | 0.54 | 0.48 | 0.33 | -0.45 | 0.71 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | |
| Net income | -8.45 | -205.75 | -46.66 | 71.79 | -10.07 | 86.27 | -10.26 | -83.02 | -165.80 | -103.77 | -280.86 | -288.72 | -182.21 | -173.00 | -312.80 | -493.47 | -614.63 | -381.64 | -269.12 | -321.49 | -328.93 | -88.68 | -108.07 | -115.61 | -204.49 | -236.87 | -251.06 | -251.06 | -251.06 | -251.06 |