Zhihu Inc. revenue

Zhihu Inc.'s revenue was $383m in fiscal 2025, down 23.5% on the year before. Since fiscal 2019 ($97.1m) it has grown at a compound 25.7% a year.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Zhihu Inc.: revenue history, annual
Fiscal year	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	97	196	459	537	593	500	383
Growth on the year before	—	+101.8%	+134.1%	+17.0%	+10.5%	−15.7%	−23.5%
Gross profit	45	110	241	269	324	303	229
Gross margin	46.6%	56.0%	52.5%	50.2%	54.7%	60.6%	59.9%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Revenue against peers

Interactive Media & Services: the closest covered companies by revenue. Last twelve months.

Company	Revenue	Growth	3-year growth a year
Zhihu Inc.	$383m	-23.5%	—
Cheche Group Inc.	$419m	-13.2%	—
Comscore, Inc.	$347m	-3.2%	—
Ibotta, Inc.	$343m	-6.6%	—
Yalla Group Ltd	$342m	0.7%	—
Sound Group Inc.	$432m	52.9%	—

Compare with peers

Head to head: CCG vs ZH SCOR vs ZH IBTA vs ZH

More: Interactive Media & Services stocks compared, Communication Services sector, rankings of US companies

Figures from Zhihu Inc.'s SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Zhihu Inc.