Zhihu Operating Expenses Growth & History (ZH)
Zhihu's operating expenses was $308.2M for fiscal 2025.
View full Zhihu company overviewZhihu annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $308.2M | −$56.5M | −15.50% |
| 2024 | 2024-12-31 | $364.7M | −$109.7M | −23.13% |
| 2023 | 2023-12-31 | $474.4M | −$20.3M | −4.10% |
| 2022 | 2022-12-31 | $494.7M | $32.6M | +7.05% |
| 2021 | 2021-12-31 | $462.1M | — | — |
Zhihu operating expenses trends
Between the periods ended 2021-12-31 and 2025-12-31, Zhihu's operating expenses decreased from $462.1M to $308.2M, a change of −$153.9M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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