TickerFacts.

Zhihu Inc. (ZH): R&D Expense

Annual figures by period end, from SEC filings.

525.00M CNY
Year ended 2025-12-31
-11.7%
3-year compound annual growth
+9.7%
5-year compound annual growth
901.45M CNY2019-12-31: 351.01M CNY2020-12-31: 329.76M CNY2021-12-31: 619.59M CNY2022-12-31: 763.36M CNY2023-12-31: 901.45M CNY2024-12-31: 732.55M CNY2025-12-31: 525.00M CNY525.00M CNY
2019-12-31 R&D Expense (CNY) 2025-12-31
Period endedR&D ExpenseChange YoYSource filing
2025-12-31525.00M CNY-28.3%2026-04-17, From 2025-01-01
2024-12-31732.55M CNY-18.7%2026-04-17, From 2024-01-01
2023-12-31901.45M CNY+18.1%2026-04-17, From 2023-01-01
2022-12-31763.36M CNY+23.2%2025-04-15, From 2022-01-01
2021-12-31619.59M CNY+87.9%2024-04-26, From 2021-01-01
2020-12-31329.76M CNY-6.1%2023-04-28, From 2020-01-01
2019-12-31351.01M CNYn/a2022-04-08, From 2019-01-01

R&D Expense at similar companies

Companies with the same SEC industry code (Services-Business Services, NEC), reporting in the same currency, closest in revenue. Each shows its own latest fiscal year, so period ends differ.

CompanyYear endedR&D ExpenseChange YoY
Zhihu Inc. (ZH)2025-12-31525.00M CNY-28.3%
Quhuo Ltd (QH)2025-12-317.11M CNY-33.5%
Uxin Ltd (UXIN)2025-12-3112.41M CNYn/a
36Kr Holdings Inc. (KRKR)2025-12-3112.71M CNY-11.8%
MOGU Inc. (MOGU)2026-03-3128.78M CNY-4.0%
Trip.com Group Ltd (TCOM)2025-12-3115.14B CNY+15.2%
PDD Holdings Inc. (PDD)2025-12-3116.50B CNY+30.3%
Alibaba Group Holding Ltd (BABA)2026-03-3166.53B CNY+16.4%
Token Cat Ltd (TC)2024-12-3111.89M CNY+5.5%

Compare ZH, QH, UXIN, KRKR side by side · Screen every company in Services-Business Services, NEC ↗