First Quarter Non-GAAP Net Income Achievement
Zhihu reported a non-GAAP net income of RMB6.9 million, compared to an adjusted net loss of RMB135.7 million in the same period last year. This marks the first time since IPO that Zhihu achieved a non-GAAP net profit in the first quarter.
Improvement in User Engagement Metrics
Average daily user time reached nearly 38 minutes, up 17.6% year-over-year. Core user retention rate improved both sequentially and year-over-year.
Growth in AI-Related Professional Content
AI-related professional content grew by 46% year-over-year, and Zhihu was cited 62.4% of the time by AI assistants in professional domains.
Positive Shareholder Return Program
Zhihu announced a new share repurchase program, authorizing the repurchase of up to 10% of issued shares, demonstrating confidence in long-term success.