S&P 500 7,722.60 ▲ 45.83 (+0.60%) DOW 52,377.57 ▲ 15.97 (+0.03%) NASDAQ 26,477.81 ▲ 308.43 (+1.18%) US Markets Closed â€ĸ 08:21 AM ET

ZH

Zhihu Inc.

Price Chart
Latest Quote

$3.31

-0.05 (-1.49%)
Current Price
Previous Close $3.36
Open $3.37
Day High $3.44
Day Low $3.31
Volume 155,521
Fetched: 2026-10-28T12:21:40
Stock Information
Note: Financial values converted from CNY to USD
Shares Outstanding 78.37M
Total Debt $19.11M
Cash Equivalents $646.86M
Revenue $397.33M
Net Income $-45.26M
Sector Communication Services
Industry Internet Content & Information
Market Cap $275.93M
EPS (TTM) $-0.54
Exchange NYQ
🌐 Visit Website
📊 Comprehensive Analysis
Company Data
Enterprise Value$-3.84B
Sales$397.33M
Income$-45.26M
Book/sh$6.90
Cash/sh$54.92
Employees1K
Financial Ratios
Quick Ratio3.66
Current Ratio3.73
Debt/Eq3.40
Returns & Margins
ROA-4.35%
ROE-7.64%
Gross Margin57.87%
Operating Margin-11.00%
Profit Margin-11.39%
Ownership
Insider Ownership10.09%
Institutional Ownership16.43%
Insider & Institutional transactions data not available
Valuation Ratios
Forward P/E59.75
P/S0.10
P/B0.48
Analyst Data
Recommendationstrong_buy
Target Price$4.10
Technical Indicators
SMA20$3.43
SMA50$3.23
SMA200$3.26
RSI41.18
ATR0.1296
Shares Float30.24M
Short Float1.76%
Short Ratio1.82
Volatility0.22
Rel Volume0.55
Performance History
Week-5.70%
Month-12.89%
Quarter-0.90%
6 Months+0.00%
YTD-0.60%
Year-23.38%
3 Years-45.92%
5 Years-94.55%
10 Years-93.51%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-10-27 $3.31 155,600
2026-10-26 $3.36 165,600
2026-10-23 $3.37 178,600
2026-10-22 $3.39 473,600
2026-10-21 $3.46 289,500
2026-10-20 $3.51 174,800
2026-10-19 $3.44 165,100
2026-10-16 $3.39 273,200
2026-10-15 $3.50 247,200
2026-10-14 $3.37 195,600
2026-10-13 $3.48 186,800
2026-10-12 $3.43 220,000
2026-10-09 $3.47 195,600
2026-10-08 $3.42 282,200
2026-10-07 $3.46 340,400
2026-10-06 $3.42 533,000
2026-10-05 $3.37 557,900
2026-10-02 $3.39 278,600
2026-10-01 $3.52 239,600
2026-09-30 $3.57 479,600
2026-09-29 $3.60 513,500
2026-09-28 $3.80 583,100
About Zhihu Inc.

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.

📰 Latest News
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Income Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Revenue
Reconciled Cost Of Revenue $164,785,128 $212,191,533 $284,758,495 $268,871,319
Cost Of Revenue $164,785,128 $212,191,533 $284,758,495 $268,871,319
Total Revenue $411,342,815 $538,516,391 $628,294,037 $539,416,287
Operating Revenue $356,557,688 $450,257,375 $520,656,747 $514,073,027
Expenses
Total Expenses $468,344,761 $610,502,476 $788,734,710 $779,391,002
Other Income Expense $20,339,369 $28,095,317 $12,847,224 $-4,275,475
Other Non Operating Income Expenses $4,584,917 $6,419,572 $7,367,350 $895,257
Net Non Operating Interest Income Expense $10,705,073 $17,202,454 $23,742,481 $10,190,633
Operating Expense $303,559,633 $398,310,943 $503,976,214 $510,519,683
Selling And Marketing Expense $187,382,016 $239,291,638 $306,462,670 $303,227,297
General And Administrative Expense $37,620,680 $49,404,909 $62,626,217 $93,067,935
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $-28,864,432 $-25,707,317 $-126,236,871 $-236,593,898
Net Interest Income $10,705,073 $17,202,454 $23,742,481 $10,190,633
Interest Income $10,705,073 $17,202,454 $23,742,481 $10,190,633
Normalized Income $-40,680,271 $-46,241,779 $-130,346,777 $-232,715,849
Net Income From Continuing And Discontinued Operation $-28,864,432 $-25,707,317 $-126,236,871 $-236,593,898
Total Operating Income As Reported $-75,907,228 $-71,986,085 $-160,440,672 $-239,974,715
Net Income Common Stockholders $-28,864,432 $-25,707,317 $-126,236,871 $-236,593,898
Net Income $-28,864,432 $-25,707,317 $-126,236,871 $-236,593,898
Net Income Including Noncontrolling Interests $-29,202,604 $-25,283,107 $-125,621,429 $-236,181,807
Net Income Continuous Operations $-29,202,604 $-25,283,107 $-125,621,429 $-236,181,807
Pretax Income $-25,957,504 $-26,688,314 $-123,850,967 $-234,059,557
Special Income Charges $-18,905,282 $0 $0 -
Interest Income Non Operating $10,705,073 $17,202,454 $23,742,481 $10,190,633
Operating Income $-57,001,946 $-71,986,085 $-160,440,672 $-239,974,715
Gross Profit $246,557,687 $326,324,858 $343,535,542 $270,544,968
Per Share
Diluted EPS $-0.36 $-0.28 $-1.27 $-2.33
Basic EPS $-0.36 $-0.28 $-1.27 $-2.33
Other
Tax Effect Of Unusual Items $3,938,613 $1,141,283 $1,369,969 $-1,292,683
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $-69,031,723 $-90,377,676 $-163,077,063 $-231,031,725
Total Unusual Items $15,754,452 $21,675,745 $5,479,874 $-5,170,732
Total Unusual Items Excluding Goodwill $15,754,452 $21,675,745 $5,479,874 $-5,170,732
Reconciled Depreciation $3,724,675 $3,284,154 $2,843,484 $3,772,258
EBITDA (Bullshit earnings) $-53,277,271 $-68,701,931 $-157,597,189 $-236,202,457
EBIT $-57,001,946 $-71,986,085 $-160,440,672 $-239,974,715
Diluted Average Shares $11,972,849 $13,644,614 $14,920,091 $15,204,565
Basic Average Shares $11,972,849 $13,644,614 $14,920,091 $15,204,565
Diluted NI Availto Com Stockholders $-28,864,432 $-25,707,317 $-126,236,871 $-236,593,898
Minority Interests $338,171 $-424,211 $-615,442 $-412,090
Tax Provision $3,245,100 $-1,405,207 $1,770,462 $2,122,251
Impairment Of Capital Assets $18,905,282 $0 $0 -
Gain On Sale Of Security $34,659,734 $21,675,745 $5,479,874 $-5,170,732
Research And Development $78,556,936 $109,614,396 $134,887,328 $114,224,451
Selling General And Administration $225,002,696 $288,696,547 $369,088,887 $396,295,232
Other Gand A $37,620,680 $49,404,909 $62,626,217 $93,067,935
Otherunder Preferred Stock Dividend - - $0 $0
Fetched: 2026-10-09
Balance Sheet (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Assets
Net Tangible Assets $564,798,451 $591,836,757 $641,341,920 $815,070,338
Total Assets $776,728,126 $857,841,100 $1,016,799,653 $1,145,629,073
Total Non Current Assets $68,662,428 $37,156,667 $62,455,784 $50,342,661
Other Non Current Assets $2,003,741 $93,222 $1,195,421 $3,359,270
Investmentin Financial Assets $31,423,014 $0 - $0
Goodwill And Other Intangible Assets $4,427,353 $27,065,390 $46,943,290 $30,911,417
Other Intangible Assets $4,427,353 $8,160,108 $18,351,788 $12,006,135
Current Assets $708,065,698 $820,684,433 $954,343,869 $1,095,286,412
Other Current Assets $1,619,482 $911,267 $2,522,221 $1,189,735
Restricted Cash $161,305 $134,670 $0 -
Prepaid Assets $6,232,680 $13,833,458 $19,133,324 $19,074,368
Inventory $3,912,165 $4,632,201 $3,319,767 $1,548,257
Receivables $61,680,683 $74,244,203 $111,931,769 $136,544,368
Other Receivables $1,184,648 $797,845 $2,031,573 $1,678,288
Taxes Receivable $2,207,093 $747,269 $3,183,002 $4,480,174
Accrued Interest Receivable $894,359 $3,534,939 $4,527,458 $1,843,483
Accounts Receivable $53,568,458 $62,941,195 $99,448,602 $124,831,814
Allowance For Doubtful Accounts Receivable $-16,414,784 $-22,070,926 $-18,360,018 $-8,768,517
Gross Accounts Receivable $69,983,242 $85,012,121 $117,808,620 $133,600,331
Cash Cash Equivalents And Short Term Investments $634,459,382 $726,928,634 $817,436,790 $936,929,684
Cash And Cash Equivalents $504,137,968 $598,407,908 $315,223,556 $677,218,623
Debt
Total Debt $10,769,714 $2,862,637 $6,842,885 $14,448,152
Long Term Debt And Capital Lease Obligation $2,333,084 $272,782 $544,965 $6,489,152
Current Debt And Capital Lease Obligation $8,436,630 $2,589,855 $6,297,920 $7,959,001
Current Debt $5,237,169 - - -
Other Current Borrowings $5,237,169 - - -
Liabilities
Total Liabilities Net Minority Interest $196,892,117 $230,026,338 $313,281,764 $293,576,391
Total Non Current Liabilities Net Minority Interest $7,095,017 $1,886,877 $22,171,779 $20,519,228
Other Non Current Liabilities $695,795 $592,099 $18,248,990 $12,289,840
Non Current Deferred Liabilities $4,066,138 $1,021,996 $3,377,824 $1,740,236
Non Current Deferred Taxes Liabilities $4,066,138 $1,021,996 $3,377,824 $1,740,236
Current Liabilities $189,797,099 $228,139,461 $291,109,984 $273,057,163
Other Current Liabilities $6,596,588 $5,805,626 $7,132,276 $2,906,928
Current Deferred Liabilities $27,836,900 $35,244,501 $45,424,810 $53,213,528
Payables And Accrued Expenses $146,033,969 $183,253,631 $230,965,587 $207,685,323
Payables $146,033,969 $183,253,631 $230,965,587 $207,685,323
Other Payable $34,735,748 $47,365,854 $60,151,729 $56,682,479
Total Tax Payable $6,937,603 $9,819,692 $11,519,677 $10,201,856
Accounts Payable $101,946,283 $125,046,837 $155,398,925 $137,080,953
Equity
Common Stock Equity $569,225,804 $618,902,147 $688,285,210 $845,981,755
Total Equity Gross Minority Interest $579,836,009 $627,814,762 $703,517,890 $852,052,681
Stockholders Equity $569,225,804 $618,902,147 $688,285,210 $845,981,755
Gains Losses Not Affecting Retained Earnings $-4,942,391 $1,918,001 $-2,674,098 $-9,847,075
Other Equity Adjustments $-4,942,391 $1,918,001 $-2,674,098 $-9,847,075
Retained Earnings $-1,357,328,013 $-1,328,423,030 $-1,303,051,639 $-1,176,413,751
Preferred Securities Outside Stock Equity - - - -
Other
Treasury Shares Number $0 - $0 -
Ordinary Shares Number $40,380,501 $39,196,759 $45,713,190 $47,338,102
Share Issued $40,380,501 $39,196,759 $45,713,190 $47,338,102
Tangible Book Value $564,798,451 $591,836,757 $641,341,920 $815,070,338
Invested Capital $574,462,973 $618,902,147 $688,285,210 $845,981,755
Working Capital $518,268,598 $592,544,972 $663,233,885 $822,229,248
Capital Lease Obligations $5,532,545 $2,862,637 $6,842,885 $14,448,152
Total Capitalization $569,225,804 $618,902,147 $688,285,210 $845,981,755
Minority Interest $10,610,205 $8,912,614 $15,232,680 $6,070,926
Treasury Stock $41,158,013 $16,767,470 $24,186,294 $5,059,704
Additional Paid In Capital $1,972,623,247 $1,962,144,271 $2,018,161,180 $2,037,265,026
Capital Stock $30,974 $30,376 $36,062 $37,259
Common Stock $30,974 $30,376 $36,062 $37,259
Long Term Capital Lease Obligation $2,333,084 $272,782 $544,965 $6,489,152
Current Deferred Revenue $27,836,900 $35,244,501 $45,424,810 $53,213,528
Current Capital Lease Obligation $3,199,461 $2,589,855 $6,297,920 $7,959,001
Pensionand Other Post Retirement Benefit Plans Current $893,012 $1,245,848 $1,289,391 $1,292,384
Dueto Related Parties Current $2,414,335 $1,021,248 $3,895,257 $3,720,036
Investments And Advances $55,136,915 $7,657,639 $6,676,792 $0
Other Investments $23,713,901 $7,657,639 - $0
Available For Sale Securities $31,423,014 - - -
Goodwill $0 $18,905,282 $28,591,501 $18,905,282
Net PPE $7,094,419 $2,340,416 $7,640,281 $16,071,974
Accumulated Depreciation $-5,998,204 $-5,543,917 $-5,133,174 $-4,590,902
Gross PPE $13,092,623 $7,884,333 $12,773,455 $20,662,876
Leases $3,310,489 $3,212,779 $2,900,494 $2,098,010
Other Properties $8,745,923 $3,668,113 $8,722,879 $17,433,787
Machinery Furniture Equipment $1,036,211 $1,003,442 $1,150,082 $1,131,079
Properties $0 $0 $0 $0
Duefrom Related Parties Current $3,826,126 $6,222,954 $2,741,134 $3,710,609
Other Short Term Investments $130,321,414 $128,520,726 $502,213,234 $259,711,061
Fetched: 2026-10-09
Cash Flow Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Free Cash Flow
Free Cash Flow $-63,504,714 $-42,333,683 $-54,625,319 $-166,941,196
Operating Activities
Operating Cash Flow $-62,176,718 $-41,925,034 $-54,407,452 $-166,834,358
Cash Flow From Continuing Operating Activities $-62,176,718 $-41,925,034 $-54,407,452 $-166,834,358
Operating Gains Losses $-5,553,195 $-9,465,061 $-34,581,625 $-4,707,467
Investing Activities
Capital Expenditure $-1,327,996 $-408,649 $-217,866 $-106,838
Investing Cash Flow $-251,554,694 $383,453,095 $-17,402,514 $522,290,445
Cash Flow From Continuing Investing Activities $-251,554,694 $383,453,095 $-17,402,514 $522,290,445
Financing Activities
Repurchase Of Capital Stock $-55,299,866 $-59,959,151 $-24,997,756 $-19,147,389
Financing Cash Flow $-54,624,570 $-60,431,244 $-19,696,095 $-16,212,779
Cash Flow From Continuing Financing Activities $-54,624,570 $-60,431,244 $-19,696,095 $-16,212,779
Net Common Stock Issuance $-55,299,866 $-59,959,151 $-24,997,756 $-19,147,389
Net Other Financing Charges - $-645,369 - -
Issuance Of Capital Stock - - $0 $0
Common Stock Issuance - - $0 $0
Net Preferred Stock Issuance - - - -
Preferred Stock Issuance - - - -
Other
Repayment Of Debt $0 $-7,747,120 $-24,134,970 $0
Issuance Of Debt $0 $7,747,120 $29,372,139 $0
Interest Paid Supplemental Data $0 $0 $215,173 -
Income Tax Paid Supplemental Data $1,667,365 $266,796 $571,450 $2,531,348
End Cash Position $315,223,556 $598,542,578 $504,299,273 $677,218,623
Beginning Cash Position $677,218,623 $315,223,556 $598,542,578 $322,783,335
Effect Of Exchange Rate Changes $6,360,916 $2,222,206 $-2,737,244 $15,191,980
Changes In Cash $-368,355,982 $281,096,816 $-91,506,061 $339,243,308
Proceeds From Stock Option Exercised $675,296 $173,275 $64,492 $2,934,610
Common Stock Payments $-55,299,866 $-59,959,151 $-24,997,756 $-19,147,389
Net Issuance Payments Of Debt $0 $0 $5,237,169 $0
Net Short Term Debt Issuance $0 $0 $5,237,169 $0
Short Term Debt Payments $0 $-7,747,120 $-24,134,970 $0
Short Term Debt Issuance $0 $7,747,120 $29,372,139 $0
Net Investment Purchase And Sale $-240,711,510 $382,038,161 $-17,255,125 $531,447,859
Sale Of Investment $1,291,661,096 $1,849,834,229 $2,103,203,677 $2,665,689,842
Purchase Of Investment $-1,532,372,606 $-1,467,796,068 $-2,120,458,802 $-2,134,241,983
Net Business Purchase And Sale $-9,515,188 $1,819,542 $0 $-9,068,981
Sale Of Business $0 $1,819,542 $0 $0
Purchase Of Business $-9,515,188 $0 $0 $-9,068,981
Net Intangibles Purchase And Sale $-57,010 $0 $-20,500 $0
Purchase Of Intangibles $-57,010 $0 $-20,500 $0
Net PPE Purchase And Sale $-1,270,986 $-404,609 $-126,889 $-88,433
Purchase Of PPE $-1,270,986 $-408,649 $-197,366 $-106,838
Change In Working Capital $35,954,662 $-12,640,581 $-26,031,872 $-20,025,737
Change In Other Working Capital $-11,913,512 $-15,656,292 $-3,170,432 $1,935,059
Change In Other Current Liabilities $-7,208,290 $-5,488,553 $-195,421 $-5,173,276
Change In Other Current Assets $10,918,600 $4,956,756 $-6,190,633 $4,006,434
Change In Payables And Accrued Expense $40,763,131 $-37,081,251 $-37,012,570 $-13,954,961
Change In Payable $40,763,131 $-37,081,251 $-37,012,570 $-13,954,961
Change In Account Payable $32,955,709 $-27,438,127 $-23,093,970 $-2,374,682
Change In Tax Payable $-702,080 $142,900 $-867,275 $-6,112,375
Change In Income Tax Payable $-702,080 $142,900 $-867,275 $-6,112,375
Change In Prepaid Assets $-6,243,304 $9,468,502 $7,058,656 $13,038,157
Change In Receivables $9,638,037 $31,160,258 $13,478,528 $-19,877,151
Changes In Account Receivables $9,638,037 $31,160,258 $13,478,528 $-19,877,151
Stock Based Compensation $24,638,037 $8,867,575 $13,060,452 $55,947,180
Unrealized Gain Loss On Investment Securities $773,605 $-11,732,007 $0 $26,437,977
Provisionand Write Offof Assets $4,476,433 $5,496,633 $-4,009,876 $5,155,918
Asset Impairment Charge $0 $0 $20,470,448 $3,126,440
Deferred Tax $-569,505 $-452,641 $3,044,142 $-359,120
Deferred Income Tax $-569,505 $-452,641 $3,044,142 $-359,120
Depreciation Amortization Depletion $3,724,675 $3,284,154 $2,843,484 $3,772,258
Depreciation And Amortization $3,724,675 $3,284,154 $2,843,484 $3,772,258
Gain Loss On Investment Securities $-5,613,347 $-8,726,770 $-34,522,969 $-4,718,989
Gain Loss On Sale Of PPE $60,153 $-898 $-58,656 $11,522
Gain Loss On Sale Of Business $0 $-737,393 $0 $0
Net Income From Continuing Operations $-125,621,429 $-25,283,107 $-29,202,604 $-236,181,807
Sale Of PPE - $4,040 $70,477 $18,405
Net Foreign Currency Exchange Gain Loss - - - -
Fetched: 2026-10-09