Zhihu-W (02390) has announced its unaudited financial results for the three months ended June 30, 2026. The group posted total revenue of RMB 690 million, representing a sequential increase of 5.92%. The net loss stood at RMB 37.391 million, with a basic loss per share of RMB 0.16.

Commenting on the results, Zhihu's Chairman and Chief Executive Officer, Mr. Zhou Yuan, noted, "In the second quarter, our community's fundamentals of authenticity, professionalism, and trustworthiness remained resilient. Core user engagement depth stayed stable, while the growth of high-quality content and professional creators continued. AI is emerging as a new medium connecting users with content, unlocking broader applications and commercial scenarios for the long-term content, intellectual property, and expert capabilities we have accumulated. Our new business initiatives are still in the commercialization validation phase. We will allocate resources based on real market demand, customer value, and return on investment, aiming to stabilize our core operations while prudently testing the sustainability of these new ventures."

Zhihu's Chief Financial Officer, Mr. Wang Han, added, "In the second quarter, our total revenue grew 5.9% quarter-over-quarter, with the year-over-year decline further narrowing. Notably, our paid content and IP operations achieved year-over-year growth, while our expert data solutions also completed the full-cycle validation from understanding customer needs to scaled delivery. We will continue to balance investments in key business areas with operational efficiency to optimize our revenue mix. We remain committed to prudent capital allocation and will continue executing our share repurchase program to maximize long-term shareholder value."