Core Insights - Zhihu Inc. is a leading online content community in China, similar to Quora, providing a platform for knowledge sharing despite facing competition from Baidu and Tencent [1] Financial Performance - Zhihu reported an earnings per share (EPS) of -$0.08 for Q3 2025, missing the estimated EPS of $0.18 [2][6] - The actual revenue for Q3 2025 was $92.53 million, significantly below expectations and down from $116 million in the same period of 2024 [3][6] - The gross margin decreased to 61.3% from 63.9% year-over-year [3] - The company experienced a net loss of $6.6 million, an increase from the $1.2 million loss in Q3 2024, with an adjusted net loss of $3 million compared to $1.8 million last year [3][6] Management Outlook - CEO Yuan Zhou expressed optimism about achieving a full-year non-GAAP breakeven, citing solid progress during the quarter [4] - The average number of monthly subscribing members reached 14.3 million, indicating a strong user base [4][6] Financial Metrics - Zhihu has a price-to-sales ratio of 0.66 and a negative enterprise value to sales ratio of -0.28, indicating a unique financial situation [5] - The debt-to-equity ratio is low at 0.055, suggesting conservative debt use [5] - The company maintains a strong liquidity position with a current ratio of 3.48 [5]

Core Viewpoint - Zhihu Inc. will report its unaudited financial results for the quarter ended September 30, 2025, before the U.S. market opens on November 25, 2025 [1] Group 1: Financial Reporting - The financial results will be announced before the U.S. market opens on November 25, 2025 [1] - A conference call will be hosted by the Company's management at 6:00 A.M. U.S. Eastern Time on the same day to discuss the results [2] - Participants must pre-register online to join the conference call and will receive dial-in numbers and a unique access PIN [2] Group 2: Company Overview - Zhihu Inc. is a leading online content community in China, established in 2010, and has grown to be the largest Q&A-inspired online content platform in the country [4] - The platform serves as a space for users to find solutions, make decisions, seek inspiration, and enjoy content [4]