02390.HK
Zhihu Inc.
HKSE · Communication Services · Internet Content & Information · CN
HKD 6.94
+5.07%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 2.6B | 2.7B | 3.6B | 4.2B | 3.6B |
| Cost of Revenue | 1.1B | 1.1B | 1.4B | 1.9B | 1.8B |
| Gross Profit | 1.5B | 1.6B | 2.2B | 2.3B | 1.8B |
| Operating Expenses | |||||
| R&D Expense | 465.3M | 525.0M | 732.6M | 901.5M | 763.4M |
| SG&A Expense | 1.4B | 1.5B | 1.9B | 2.5B | 2.6B |
| General & Admin Expense | 251.0M | 251.4M | 330.2M | 418.5M | 622.0M |
| Selling & Marketing Expense | 1.2B | 1.3B | 1.6B | 2.0B | 2.0B |
| Other Expenses | 112.7M | 126.3M | — | — | — |
| Total Operating Expenses | 2.0B | 2.2B | 2.7B | 3.4B | 3.4B |
| Cost and Expenses | 3.1B | 3.3B | 4.1B | 5.3B | 5.2B |
| Operating Income (EBIT) | (501.6M) | (507.3M) | (481.1M) | (1.1B) | (1.6B) |
| Non-Operating | |||||
| Interest Income | 329.5M | 295.6M | 115.0M | 158.7M | 68.1M |
| Interest Expense | — | — | — | — | — |
| Net Interest Income | 329.5M | 295.6M | 115.0M | 158.7M | 68.1M |
| Other Non-Op Income/Expense | 189.9M | 333.8M | 302.7M | 244.5M | 39.5M |
| Non-Operating Income (excl Interest) | (126.3M) | (126.3M) | — | — | — |
| EBT (Pre-Tax Income) | (311.7M) | (173.5M) | (178.4M) | (827.7M) | (1.6B) |
| Income Tax Expense | 6.7M | 21.7M | (9.4M) | 11.8M | 14.2M |
| Bottom Line | |||||
| Net Income | (301.0M) | (192.9M) | (171.8M) | (843.6M) | (1.6B) |
| Earnings from Cont. Ops | (303.2M) | (195.2M) | (169.0M) | (839.5M) | (1.6B) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (301.0M) | (192.9M) | (171.8M) | (843.6M) | (1.6B) |
| Per Share | |||||
| Basic EPS | (HK$3.05) | (HK$2.41) | (HK$0.63) | (HK$2.82) | (HK$5.18) |
| Diluted EPS | (HK$3.05) | (HK$2.41) | (HK$0.63) | (HK$2.82) | (HK$5.18) |
| Revenue Per Share | HK$11.49 | HK$34.36 | HK$13.16 | HK$14.04 | HK$11.83 |
| Shares | |||||
| Basic Shares Outstanding | 229.4M | 80.0M | 273.6M | 299.1M | 304.8M |
| Diluted Shares Outstanding | 229.4M | 80.0M | 273.6M | 299.1M | 304.8M |
| Profitability Metrics | |||||
| EBITDA | (320.8M) | (361.9M) | (456.2M) | (1.0B) | (1.6B) |
| D&A | 9.9M | 19.0M | 24.9M | 24.9M | 25.2M |
| EBIT | (325.6M) | (380.9M) | (481.1M) | (1.1B) | (1.6B) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026