Zhihu Inc. Reports Unaudited Second Quarter 2026 Financial Results
Zhihu reported Q2 2026 revenue of RMB 690.1 million, a decrease from RMB 716.9 million in the same period of 2025, swinging to a net loss of RMB 37.4 million compared to net income a year ago. Gross margin declined to 57.0% from 62.5% due to increased content-related costs, while operating expenses decreased by 13.0% year-over-year and average monthly subscribing members reached 13.1 million.
Key figures
- Revenue
- 690100000
- Net loss
- 37400000
- Adj net loss
- 10300000
- Gross margin
- 57.0%
- Buyback q2 amount
- 7200000
- Monthly subscribing members
- 13100000
AI analysis
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