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Zhihu Inc. has called its annual general meeting for June 30, 2026 in Beijing. Shareholders will vote on a 20% general mandate to issue additional Class A ordinary shares and an associated 10% extension linked to any repurchases. They will also consider a 10% share and ADS Repurchase Mandate, re-election of three directors, re-appointment of PricewaterhouseCoopers firms as auditors with estimated RMB9.2 million in 2026 audit fees, and amendments to the 2022 Share Incentive Plan. The revised plan would allow new awards over up to 10% of shares in issue and set a 0.2% sublimit for service providers, while existing unvested awards and trustee-held shares continue under defined voting and clawback rules.
Zhihu Inc. has called its annual general meeting for June 30, 2026 in Beijing. Shareholders will vote on a 20% general mandate to issue additional Class A ordinary shares and an associated 10% extension linked to any repurchases. They will also consider a 10% share and ADS Repurchase Mandate, re-election of three directors, re-appointment of PricewaterhouseCoopers firms as auditors with estimated RMB9.2 million in 2026 audit fees, and amendments to the 2022 Share Incentive Plan. The revised plan would allow new awards over up to 10% of shares in issue and set a 0.2% sublimit for service providers, while existing unvested awards and trustee-held shares continue under defined voting and clawback rules.
Zhihu Inc. reported first quarter 2026 results showing lower revenue but improved profitability on an adjusted basis. Total revenues were RMB651.6 million (US$94.5 million), down from RMB729.7 million a year earlier, as marketing services, paid content and IP operations, and other revenues all declined year over year.
Despite this, cost controls helped support margins. Gross margin was 59.6%, compared with 61.8% in the prior-year quarter, while total operating expenses fell 10.4% to RMB451.2 million. Net loss narrowed to RMB8.5 million (US$1.2 million), and adjusted non-GAAP net income rose to RMB17.2 million (US$2.5 million), a 147.2% increase, reflecting better earnings quality.
Zhihu ended March 31, 2026 with RMB4,490.3 million (US$651.0 million) in cash, term deposits, restricted cash and short-term investments, slightly above the December 2025 level. The company continued its share repurchase programs, having bought back an aggregate 34.8 million Class A ordinary shares for US$70.7 million to date, including 3.7 million shares for US$4.2 million during the quarter. Separately, the board announced the resignation of non-executive director Bing Yu and the appointment of Qu Chen as a non-executive director effective June 3, 2026.
Zhihu Inc. reported first quarter 2026 results showing lower revenue but improved profitability on an adjusted basis. Total revenues were RMB651.6 million (US$94.5 million), down from RMB729.7 million a year earlier, as marketing services, paid content and IP operations, and other revenues all declined year over year.
Despite this, cost controls helped support margins. Gross margin was 59.6%, compared with 61.8% in the prior-year quarter, while total operating expenses fell 10.4% to RMB451.2 million. Net loss narrowed to RMB8.5 million (US$1.2 million), and adjusted non-GAAP net income rose to RMB17.2 million (US$2.5 million), a 147.2% increase, reflecting better earnings quality.
Zhihu ended March 31, 2026 with RMB4,490.3 million (US$651.0 million) in cash, term deposits, restricted cash and short-term investments, slightly above the December 2025 level. The company continued its share repurchase programs, having bought back an aggregate 34.8 million Class A ordinary shares for US$70.7 million to date, including 3.7 million shares for US$4.2 million during the quarter. Separately, the board announced the resignation of non-executive director Bing Yu and the appointment of Qu Chen as a non-executive director effective June 3, 2026.
Zhihu Inc. has scheduled a board meeting for June 3, 2026 to review and approve its unaudited financial results for the three months ended March 31, 2026 and their publication. Management will also host an earnings conference call on June 3, 2026 at 7:00 A.M. U.S. Eastern Time, which is 7:00 P.M. Beijing/Hong Kong Time, with participants required to pre-register online to receive dial-in details.
Zhihu Inc. has scheduled a board meeting for June 3, 2026 to review and approve its unaudited financial results for the three months ended March 31, 2026 and their publication. Management will also host an earnings conference call on June 3, 2026 at 7:00 A.M. U.S. Eastern Time, which is 7:00 P.M. Beijing/Hong Kong Time, with participants required to pre-register online to receive dial-in details.
Zhihu Inc. has set the record dates that determine which shareholders can vote at and attend its forthcoming annual general meeting. Holders of Class A and Class B ordinary shares on the Hong Kong and Cayman share registers at the close of business on May 22, 2026, Hong Kong time, will be eligible, subject to transfer documents being lodged by the specified deadlines.
Holders of American depositary shares (ADSs), each representing three Class A ordinary shares, as of the close of business on May 22, 2026, New York time, may attend the meeting but cannot vote directly. Instead, they may instruct JPMorgan Chase Bank, N.A., as depositary, on how to vote the underlying Class A shares.
Zhihu Inc. has set the record dates that determine which shareholders can vote at and attend its forthcoming annual general meeting. Holders of Class A and Class B ordinary shares on the Hong Kong and Cayman share registers at the close of business on May 22, 2026, Hong Kong time, will be eligible, subject to transfer documents being lodged by the specified deadlines.
Holders of American depositary shares (ADSs), each representing three Class A ordinary shares, as of the close of business on May 22, 2026, New York time, may attend the meeting but cannot vote directly. Instead, they may instruct JPMorgan Chase Bank, N.A., as depositary, on how to vote the underlying Class A shares.
Zhihu Inc. Chief Financial Officer Wang Han received 330,000 Class A ordinary shares as an equity award. These shares were acquired at $0.01 per share when restricted share units (RSUs) vested after their performance-based conditions were achieved on April 17, 2026.
This is a compensation-related grant, not an open-market purchase or sale, and it increased his direct holdings to 2,830,000 Class A ordinary shares.
Zhihu Inc. Chief Financial Officer Wang Han received 330,000 Class A ordinary shares as an equity award. These shares were acquired at $0.01 per share when restricted share units (RSUs) vested after their performance-based conditions were achieved on April 17, 2026.
This is a compensation-related grant, not an open-market purchase or sale, and it increased his direct holdings to 2,830,000 Class A ordinary shares.