Zhihu-W (02390) announced second quarter results, with total revenue of 690 million yuan, up 5.92% month-on-month

According to the Zhitong Finance App, Zhihu-W (02390) announced results for the second quarter of the three months ended June 30, 2026. The group achieved total revenue of 690 million yuan, an increase of 5.92% over the previous month; a net loss of 37.391,000 yuan; and a basic loss of 0.16 yuan per share.

“In the second quarter, Zhihu's real, professional, and trustworthy community infrastructure remained resilient, the depth of use of core users remained stable, and high-quality content and professional creators continued to grow,” said Mr. Zhou Yuan, Chairman and CEO of Zhihu. “AI is becoming a new medium for connecting users and content, driving the content, IP and expert capabilities that Zhihu has accumulated over a long period of time into a wider range of applications and business scenarios. Currently, the new business is still in the commercial verification phase. We will determine resource allocation based on actual market demand, customer value, and return on investment, and carefully verify the sustainability of the new business while stabilizing the core business.”

Mr. Wang Han, Chief Financial Officer of Zhihu, said, “In the second quarter, our total revenue increased 5.9% month-on-month, and the year-on-year decline narrowed further. It is worth noting that paid content and IP operations have achieved year-on-year growth, and our expert data solution has also initially completed the verification of the entire process from understanding customer needs to large-scale delivery. We will continue to balance key business investments with operational efficiency, and continuously optimize our revenue structure. We will insist on prudent capital allocation and continue to execute share repurchases to maximize long-term value for shareholders.”