Zhihu Inc. (ZH) Net margin 2021–2025
Zhihu Inc. (ZH) net profit margin by fiscal year — reported net income divided by reported revenue.
-7.1%FY2025 · since FY2021: -43.9% → -7.1%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -7.1% | -2.4 pp |
| FY2024 | -4.7% | +15.3 pp |
| FY2023 | -20.0% | +23.8 pp |
| FY2022 | -43.8% | +0.1 pp |
| FY2021 | -43.9% | — |
Net margin = reported net income ÷ reported revenue for the same fiscal year. Loss years show as a negative margin.
Source: SEC XBRL filings · For reference only · Not investment advice