--- title: "Zhihu (ZH.US) — Financial Reports" type: "Symbol" locale: "en" url: "https://longbridge.com/en/quote/ZH.US/norm.md" symbol: "ZH.US" name: "Zhihu" parent: "https://longbridge.com/en/quote/ZH.US.md" datetime: "2026-05-20T19:33:32.773Z" locales: - [en](https://longbridge.com/en/quote/ZH.US/norm.md) - [zh-CN](https://longbridge.com/zh-CN/quote/ZH.US/norm.md) - [zh-HK](https://longbridge.com/zh-HK/quote/ZH.US/norm.md) --- # Zhihu (ZH.US) — Financial Reports ## Income Statement (USD) | Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | | --- | --- | --- | --- | --- | --- | | EPS | -0.3799 | -0.0821 | 0.1219 | -0.0171 | 0.1339 | | ROE | -21.25% | -4.56% | 7.04% | -0.98% | 8.19% | | Revenue | 91.98M | 92.55M | 99.96M | 100.45M | 117.71M | | Net income | -29.82M | -6.55M | 10.11M | -1.39M | 11.82M | | Operating income | -19.66M | -14.02M | -12.69M | -7.24M | 1.63M | | Gross margin | 53.58% | 61.26% | 62.52% | 61.82% | 62.93% | | Net margin | -32.42% | -7.08% | 10.11% | -1.38% | 10.04% | | Profit quality | - | - | - | - | - | ## Balance Sheet (USD) | Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | | --- | --- | --- | --- | --- | --- | | A&L | 741.98M | 772.74M | 801.25M | 782.38M | 785.41M | | Leverage | 1.34 | 1.33 | 1.37 | 1.37 | 1.37 | | BVPS | 6.70 | 7.13 | 7.01 | 6.92 | 6.75 | | Turnover | 0.5033 | 0.5152 | 0.5316 | 0.5513 | 0.5745 | | Cash & STI | 606.07M | 614.13M | 642.77M | 627.16M | 665.55M | | Inv & Rec | 3.74M | - | 3.93M | - | 4.24M | | LT assets | 6.78M | 7.35M | 8.84M | 10.22M | 2.14M | | Net debt | -595.79M | -592.97M | -610.76M | -609.52M | -662.93M | ## Cash Flow Statement (USD) | Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | | --- | --- | --- | --- | --- | --- | | Operating CF | - | - | - | - | - | | Investing CF | - | - | - | - | - | | Financing CF | - | - | - | - | - | | Free CF | - | - | - | - | - | | OCF coverage | - | - | - | - | - | | Repaid & issued | - | - | - | - | - | | CapEx | - | - | - | - | - |