Business
Zhihu Inc. Reports Unaudited Fourth Quarter and Fiscal Year 2024 Financial Results
Zhihu Inc. ("Zhihu" or the "Company") (NYSE: ZH; HKEX: 2390), a leading online content community in China, today announced its unaudited financial results for the quarter and fiscal year ended December 31, 2024.
About this update from Zhihu, Inc. Class A
[{"type":"text","content":"BEIJING, March 26, 2025 /PRNewswire/ -- Zhihu Inc. ("Zhihu" or the "Company") (NYSE: ZH; HKEX: 2390), a leading online content community in China, today announced its unaudited financial results for the quarter and fiscal year ended December 31, 2024.","length":271,"tagName":"p"},{"type":"text","content":"Fourth Quarter 2024 Highlights","length":30,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Total revenues were RMB859.2 million (US$117.7 million) in the fourth quarter of 2024, compared with RMB1,138.3 million in the same period of 2023.","length":147,"tagName":"p"}]},{"val":[{"type":"text","content":"Gross margin expanded to 62.9% in the fourth quarter of 2024 from 59.1% in the same period of 2023.","length":99,"tagName":"p"}]},{"val":[{"type":"text","content":"Net income was RMB86.4 million (US$11.8 million) in the fourth quarter of 2024, compared with a net loss of RMB103.1 million in the same period of 2023.","length":152,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted net income (non-GAAP)[1] was RMB97.1 million (US$13.3 million) in the fourth quarter of 2024, compared with an adjusted net loss of RMB91.3 million in the same period of 2023.","length":184,"tagName":"p"}]},{"val":[{"type":"text","content":"Average monthly active users (MAUs)[2] were 81.4 million in the fourth quarter of 2024.","length":87,"tagName":"p"}]},{"val":[{"type":"text","content":"Average monthly subscribing members[3] were 14.1 million in the fourth quarter of 2024.","length":87,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":756,"olType":false},{"type":"text","content":"Fiscal Year 2024 Highlights","length":27,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Total revenues were RMB3,598.9 million (US$493.0 million) in 2024, compared with RMB4,198.9 million in 2023.","length":108,"tagName":"p"}]},{"val":[{"type":"text","content":"Gross margin expanded to 60.6% in 2024 from 54.7% in 2023.","length":58,"tagName":"p"}]},{"val":[{"type":"text","content":"Net loss was RMB169.0 million (US$23.1 million) in 2024, narrowed by 79.9% from 2023.","length":85,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted net loss (non-GAAP)[1] was RMB96.3 million (US$13.2 million) in 2024, narrowed by 85.4% from 2023.","length":107,"tagName":"p"}]}],"tagName":"ul","bul...