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Zhihu Inc
NYSE:ZH

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Zhihu Inc
NYSE:ZH
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Price: 3.8 USD 1.6% Market Closed
Market Cap: $373.6m

Operating Margin

-6.1%
Current
Improving
by 8.4%
vs 3-y average of -14.6%

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
-6.1%
=
Operating Income
¥-216m
/
Revenue
¥3.2B

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
-6.1%
=
Operating Income
$-216m
/
Revenue
¥3.2B

Peer Comparison

Country Company Market Cap Operating
Margin
CN
Zhihu Inc
HKEX:2390
2.4B HKD
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US
Alphabet Inc
NASDAQ:GOOGL
4.1T USD
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US
Meta Platforms Inc
NASDAQ:META
1.8T USD
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CN
Tencent Holdings Ltd
HKEX:700
5.5T HKD
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CN
Baidu Inc
NASDAQ:BIDU
53.7B USD
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CN
Kuaishou Technology
HKEX:1024
340.1B HKD
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JP
LY Corp
XMUN:YOJ
30.8B EUR
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KR
Naver Corp
KRX:035420
40.5T KRW
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NL
Nebius Group NV
NASDAQ:NBIS
21.3B USD
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KR
Kakao Corp
KRX:035720
26T KRW
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JP
Z Holdings Corp
TSE:4689
2.7T JPY
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Market Distribution

Lower than 77% of companies in China
Percentile
23rd
Based on 8 544 companies
23rd percentile
-6.1%
Low
-409 046.1% — -1.4%
Typical Range
-1.4% — 10.3%
High
10.3% — 876.4%
Distribution Statistics
China
Min -409 046.1%
30th Percentile -1.4%
Median 4.2%
70th Percentile 10.3%
Max 876.4%

Zhihu Inc
Glance View

Market Cap
373.6m USD
Industry
Media

Zhihu, Inc. operates as a Q&A online content community. The company is headquartered in Beijing, Beijing and currently employs 2,649 full-time employees. The company went IPO on 2021-03-26. The firm is principally engaged in the provision of advertising services, paid membership services, content monetization solutions and other services. The firm's online community provides a platform for users to find solutions, make decisions, find inspiration and have fun. The firm's online community is an online content community based on user-generated content (UGC). In addition, the Company's platform offers a range of contents such as daily life choices, esoteric knowledge content or unique experiences, and important life choices.

ZH Intrinsic Value
HIDDEN
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What is Operating Margin?
Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.
How is Operating Margin calculated?

Operating Margin is calculated by dividing the Operating Income by the Revenue.

Operating Margin
-6.1%
=
Operating Income
¥-216m
/
Revenue
¥3.2B
What is Zhihu Inc's current Operating Margin?

The current Operating Margin for Zhihu Inc is -6.1%, which is above its 3-year median of -14.6%.

How has Operating Margin changed over time?

Over the last 3 years, Zhihu Inc’s Operating Margin has increased from -45.1% to -6.1%. During this period, it reached a low of -45.5% on Sep 30, 2022 and a high of -6.3% on Jul 30, 2025.

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