Zhihu, Inc. ( (ZH) ) has released its Q1 earnings. Here is a breakdown of the information Zhihu, Inc. presented to its investors.
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Zhihu Inc. is a leading online content community in China, known for its Q&A-inspired platform that connects users seeking information and inspiration. The company operates primarily in the digital content industry, offering a unique blend of high-quality content, expert networks, and AI capabilities.
In its first quarter of 2025, Zhihu Inc. reported a significant narrowing of net losses and achieved its first-ever first-quarter non-GAAP net income since its IPO. The company highlighted the effectiveness of its refined operational strategies and the integration of AI into its ecosystem, which contributed to improved user retention and engagement metrics.
Key financial metrics from the report include a total revenue of RMB729.7 million, a decrease from the previous year, but with a notable expansion in gross margin to 61.8%. The net loss narrowed by 93.9% to RMB10.1 million, and the company achieved a non-GAAP net income of RMB6.9 million. Operating expenses saw a significant reduction, and the company continued to focus on enhancing its commercialization capabilities.
Looking ahead, Zhihu’s management remains committed to sustainable growth and profitability, emphasizing the unlocking of value within its community. The company plans to continue its strategic focus on margin improvement and operational efficiency to create long-term value for shareholders.

