Zhihu (FRA:5BU0) Research & Development: €60.0 Mil (TTM As of Mar. 2026)

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FRA:5BU0 Zhihu Inc FRA:5BU0
68 GF Score
Price €2.56
GF Value €3.03
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Zhihu Research & Development?

Zhihu FRA:5BU0 +1.59% 68 Research & Development is €60.0 Mil as of Mar. 2026. GuruFocus rates FRA:5BU0 with a GF Score™ of 68/100 and a GF Value™ of €3.03 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Zhihu's Research & Development for the three months ended in Mar. 2026 was €13.8 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was €60.0 Mil.

Zhihu  (FRA:5BU0) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Zhihu Research & Development Related Terms

Zhihu Research & Development Historical Data

* Premium members only.

The historical data trend for Zhihu's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Zhihu Research & Development Chart

Zhihu Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial 86.09 103.36 115.77 96.09 63.66

Zhihu Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.10 17.59 13.68 14.92 13.81
FRA:5BU0
68GF Score
Zhihu Inc FRA:5BU0
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhihu Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €60.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of €60.0 Mil mean?
Zhihu (FRA:5BU0) has a Research & Development of €60.0 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Zhihu and its competitors.
Is Zhihu's Research & Development too high?
Zhihu's current Research & Development is €60.0 Mil. Overall, Zhihu has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhihu's Research & Development compare to ANGI and ZIP?
Zhihu's Research & Development of €60.0 Mil can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for an Interactive Media company?
A good Research & Development depends on the Interactive Media industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Zhihu and its competitors. Zhihu's current Research & Development is €60.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhihu stock overvalued right now?
Based on GuruFocus' analysis, Zhihu (FRA:5BU0) is currently considered Modestly Undervalued. The stock's GF Value™ is €3.03, compared to a current price of €2.56 — trading 15.5% below its estimated fair value. The current Research & Development is €60.0 Mil. Zhihu's overall GF Score™ is 68/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Zhihu (FRA:5BU0), the current Research & Development is €60.0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Zhihu (FRA:5BU0) Overvalued in 2026?

Based on GuruFocus' analysis, Zhihu stock appears to be undervalued. The current stock price of €2.56 is trading 15.5% below its estimated GF Value™ of €3.03. GuruFocus considers Zhihu to be Modestly Undervalued.

Key valuation signals for FRA:5BU0:

  • Research & Development: €60.0 Mil
  • GF Value™: €3.03 vs. price of €2.56 (15.5% below fair value)
  • GF Score™: 68/100 with 5 warning signs

No single metric tells the full story. See the FRA:5BU0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Zhihu Business Description

Other Exchanges ZH:USA02390:Hong Kong
Address 18 Xueqing Road, Haidian District, Beijing, CHN, 100083
Zhihu Inc is engaged in the operation of one online content community which monetizes through paid membership services, marketing services and other services in the People's Republic of China. It is an online content community where people come to find solutions, make decisions, seek inspiration, and have fun. Its community supports discussions ranging from everyday consumer decisions, such as purchasing products or planning travel, to more specialized areas on professional knowledge, technological developments including artificial intelligence and academic topics. It operates in single segment and its revenues are derived from within the PRC.
68GF Score

Get the complete analysis for FRA:5BU0

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€2.56
Price
€3.03
GF Value