Zhihu Inc. Reports Unaudited Fourth Quarter and Fiscal Year 2025 Financial Results
Zhihu Inc. American Depositary Shares, each representing three (3) Class A Ordinary Shares (ZH)
Company Research
Source: GlobeNewswire
BEIJING, China, March 25, 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 and fiscal year ended December 31, 2025. Fourth Quarter 2025 Highlights Total revenues were RMB643.5 million (US$92.0 million), compared with RMB859.2 million in the same period of 2024.Gross margin was 53.6%, compared with 62.9% in the same period of 2024.Net loss was RMB210.8 million (US$30.1 million), compared with a net income of RMB86.4 million in the same period of 2024.Adjusted net loss (non-GAAP)[1] was RMB39.4 million (US$5.6 million), compared with an adjusted net income of RMB97.1 million in the same period of 2024.Average monthly subscribing members[2] were 12.2 million in the fourth quarter of 2025. Fiscal Year 2025 Highlights Total revenues were RMB2,749.0 million (US$393.1 million), compared with RMB3,598.9 million in 2024.Gross margin was 59.9%,
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- Zhihu Inc. (ZH) Q4 2025 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Zhihu outlines dual-track AI-driven growth strategy as 2026 begins [Seeking Alpha]Seeking Alpha
- Zhihu Inc. to Report Fourth Quarter and Full Year 2025 Financial Results on March 25, 2026GlobeNewswire
- Zhihu (NYSE:ZH) had its "sell (d)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Zhihu (NYSE:ZH) was upgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=ZH&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a> from a "seMarketBeat
ZH
Sec Filings
- 3/25/26 - Form 6-K
- 3/18/26 - Form 3
- 3/18/26 - Form 3
- ZH's page on the SEC website