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ZH · NYSE · Internet Content & Information

Zhihu (ADR) (ZH)

Hosts a China-focused content community monetized through memberships, marketing, and content-related services.

$3.40

vs last close−0.13 (−3.55%)

In millions of USD, except per-share figures · converted from CNY at the latest rate

In millions	Q3 FY23Sep 2023	Q4 FY23Dec 2023	Q1 FY24Mar 2024	Q2 FY24Jun 2024	Q3 FY24Sep 2024	Q4 FY24Dec 2024	Q1 FY25Mar 2025	Q2 FY25Jun 2025	Q3 FY25Sep 2025	Q4 FY25Dec 2025	Q1 FY26Mar 2026	Q2 FY26Jun 2026
Revenue	154	166	144	140	123	130	109	106	98	95	97	103
Cost of revenue	71	68	63	56	44	48	41	40	38	44	39	44
Gross profit	82	98	82	83	79	82	67	66	60	51	58	59
	135	124	115	111	91	80	75	80	75	71	67	70
Research & development	38	34	30	31	26	22	21	22	17	18	16	16
	98	90	86	80	65	58	54	58	58	53	0	54
Selling & marketing	0	0	0	0	0	0	0	0	49	0	0	46
General & administrative	0	0	0	0	0	0	0	0	9	0	0	8
Other expenses	0	0	0	0	0	0	0	0	0	—	51	0
Operating income	−53	−26	−34	−28	−12	2	−8	−13	−15	−20	−9	−11
	11	12	9	14	11	11	6	28	8	−12	8	5
Interest income	6	6	5	4	5	4	3	3	3	7	7	5
Other non-operating income	−11	−12	−9	−14	−11	−11	−6	−28	−8	12	−8	0
Income before tax	−42	−14	−25	−13	−1	13	−2	15	−7	−32	−1	−6
Income tax expense	0	1	0	−1	0	—	0	4	0	−1	0	−1
Net income from continuing operations	−42	−15	−25	−12	−1	13	−2	11	−7	−31	−1	−6
Net income	−42	−15	−25	−12	−2	13	−2	11	−7	−31	—	−6
EPS, basic	−$0.42	−$0.16	−$0.26	−$0.13	−$0.02	$0.14	−$0.02	$0.13	−$0.09	−$0.39	−$0.02	−$0.07
EPS, diluted	−$0.42	−$0.16	−$0.26	−$0.13	−$0.02	$0.14	−$0.02	$0.13	−$0.09	−$0.39	−$0.02	−$0.07
Weighted average shares, basic	98	96	93	92	91	91	82	80	80	79	77	76
Weighted average shares, diluted	98	96	93	93	91	91	82	80	80	79	77	76
EBITDA	−42	−14	−24	−12	−1	13	−1	16	−7	−28	−1	−11
Depreciation & amortization	0	0	1	—	0	0	1	1	0	4	0	0
EBIT	−42	−14	−25	−13	−1	13	−2	15	−7	−32	−1	−11