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Zhihu's Q2 Revenue Dips Amidst Recovery Efforts
28 Aug
Summary
- Zhihu reported RMB 690 million in total revenue for Q2 2026.
- Revenue saw a 3.7% year-over-year decline but a 5.9% sequential increase.
- The company posted an adjusted net loss of RMB 10.25 million in the quarter.

Zhihu, Inc. announced its second quarter 2026 financial results on Wednesday, August 26, 2026. The company reported total revenues of RMB 690 million for the quarter. This figure represents a 3.7% decrease compared to the same period last year, but shows a sequential increase of 5.9% from the previous quarter.
Despite the year-over-year revenue decline, the company noted that the rate of decrease has narrowed. Zhihu's second quarter also saw an adjusted net loss of RMB 10.25 million. Management attributed this loss to ongoing phased business investments and changes in the revenue mix.
The company's leadership highlighted the strategic importance of artificial intelligence in enhancing the value of its community content, intellectual property, and expert network. This focus on AI is part of Zhihu's broader strategy moving forward.