Zhihu (ZH) Revenue & Revenue Breakdown


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Zhihu Revenue Highlights


Latest Revenue (Y)

$4.20B

Latest Revenue (Q)

$960.86M

Main Segment (Y)

Paid membership service

Zhihu Revenue by Period


Zhihu Revenue by Year

DateRevenueChange
2023-12-31$4.20B16.48%
2022-12-31$3.60B21.82%
2021-12-31$2.96B118.85%
2020-12-31$1.35B101.67%
2019-12-31$670.51M-

Zhihu generated $4.20B in revenue during NA 2023, up 16.48% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

Zhihu Revenue by Quarter

DateRevenueChange
2024-03-31$960.86M-15.59%
2023-12-31$1.14B11.36%
2023-09-30$1.02B-2.11%
2023-06-30$1.04B5.03%
2023-03-31$994.22M-10.75%
2022-12-31$1.11B22.18%
2022-09-30$911.71M9.05%
2022-06-30$836.02M12.48%
2022-03-31$743.23M-27.08%
2021-12-31$1.02B23.77%
2021-09-30$823.47M29.00%
2021-06-30$638.35M33.47%
2021-03-31$478.29M-7.99%
2020-12-31$519.81M35.78%
2020-09-30$382.84M46.46%
2020-06-30$261.39M38.92%
2020-03-31$188.16M-

Zhihu generated $960.86M in revenue during Q1 2024, up -15.59% compared to the previous quarter, and up 86.26% compared to the same period a year ago.

Zhihu Revenue Breakdown


Zhihu Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21
Paid membership service$1.83B$1.23B$668.51M
Other Revenue$153.75M$169.37M$155.94M
Marketing services$1.65B--
Advertising service-$926.30M$1.16B
Content-commerce solutions-$1.03B$973.99M

Zhihu's latest annual revenue breakdown by segment (product or service), as of Dec 23: Paid membership service (50.27%), Marketing services (45.50%), and Other Revenue (4.23%).

Zhihu Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
BIDUBaidu$134.60B$31.51B
TMETencent Music Entertainment Group$27.75B$6.77B
MOMOHello Group$12.00B$2.56B
DOYUDouYu$5.53B$1.04B
ZHZhihu$4.20B$960.86M
YYJOYY$2.27B$564.56M
LTRPALiberty TripAdvisor$1.79B$497.00M
WBWeibo$1.76B$395.50M
YELPYelp$1.34B$357.02M
CMCMCheetah Mobile$669.50M$190.29M
MAXMediaAlpha$388.15M$178.27M
SCORcomScore$371.34M$85.84M
IZEAIZEA Worldwide$36.21M$9.09M
ONFOOnfolio$5.24M$1.59M
ASSTAsset Entities$277.04K$92.97K

ZH Revenue FAQ


Zhihu's yearly revenue for 2023 was $4.2B, representing an increase of 16.48% compared to 2022. The company's yearly revenue for 2022 was $3.6B, representing an increase of 21.82% compared to 2021. ZH's yearly revenue for 2021 was $2.96B, representing an increase of 118.85% compared to 2020.

Zhihu's quarterly revenue for Q1 2024 was $960.86M, a -15.59% decrease from the previous quarter (Q4 2023), and a -3.36% decrease year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $1.14B, a 11.36% increase from the previous quarter (Q3 2023), and a 2.18% increase year-over-year (Q4 2022). ZH's quarterly revenue for Q3 2023 was $1.02B, a -2.11% decrease from the previous quarter (Q2 2023), and a 12.11% increase year-over-year (Q3 2022).

Zhihu's revenue growth rate for the last 3 years (2021-2023) was 41.89%, and for the last 5 years (2019-2023) was 526.22%.

Zhihu's revenue streams in c 23 are Paid membership service, Other Revenue, and Marketing services. Paid membership service generated $1.83B in revenue, accounting 50.27% of the company's total revenue, up 48.40% year-over-year. Other Revenue generated $153.76M in revenue, accounting 4.23% of the company's total revenue, down -9.22% year-over-year. Marketing services generated $1.65B in revenue, accounting 45.50% of the company's total revenue

For the fiscal year ending Dec 23, the largest source of revenue of Zhihu was Paid membership service. This segment made a revenue of $1.83B, representing 50.27% of the company's total revenue.