Zhihu annual r&d spending
2021
2022
2023
2024
2025
Zhihu R&D Spending Growth & History (ZH)
Zhihu's r&d spending was $75.1M for fiscal 2025.
View full Zhihu company overviewZhihu annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $75.1M | −$25.3M | −25.20% |
| 2024 | 2024-12-31 | $100.4M | −$26.6M | −20.96% |
| 2023 | 2023-12-31 | $127.0M | $16.3M | +14.72% |
| 2022 | 2022-12-31 | $110.7M | $13.5M | +13.83% |
| 2021 | 2021-12-31 | $97.2M | — | — |
Zhihu r&d spending trends
Between the periods ended 2021-12-31 and 2025-12-31, Zhihu's r&d spending decreased from $97.2M to $75.1M, a change of −$22.2M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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