Kanzhun Ltd
BZ- Exchange
- Nasdaq
- Industry
- Services-Computer Programming, Data Processing, Etc.
- SEC CIK
- 0001842827
In the last 90 days, Kanzhun Ltd insiders filed 0 open-market purchases and 5 sales; 253 institutions reported holding it in 13F filings for Q2 2026, worth $3.97B in total; no superinvestor holds it.
- Currency
- CNY
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 8, 2026, 2:39 PM ET
Amounts are in CNY, the currency Kanzhun Ltd reports in. Lines marked ≈ US$ convert key figures to US dollars.
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 20-F | 20-F | 20-F | 20-F | 20-F |
| Reported | – | – | – | – | – |
| Revenue | CNY 8.27B≈ US$1.15B | CNY 7.36B≈ US$1.02B | CNY 5.95B≈ US$841.2M | CNY 4.51B≈ US$671.8M | CNY 4.26B≈ US$660.3M |
| Cost of revenue | CNY 1.24B | CNY 1.24B | CNY 1.06B | CNY 754.9M | CNY 554.6M |
| Research and development | CNY 1.65B | CNY 1.82B | CNY 1.54B | CNY 1.18B | CNY 822.0M |
| Selling, general and administrative | CNY 1.20B | CNY 1.09B | CNY 811.8M | CNY 719.7M | CNY 1.99B |
| Operating income | CNY 2.46B | CNY 1.17B | CNY 581.0M | CNY -129.5M | CNY -1.04B |
| Income tax | CNY 509.7M | CNY 265.6M | CNY 122.6M | CNY 9.75M | CNY 59.5M |
| Net income | CNY 2.74B≈ US$380.6M | CNY 1.57B≈ US$217.8M | CNY 1.10B≈ US$155.3M | CNY 107.2M≈ US$16.0M | CNY -1.07B≈ US-$166.0M |
| EPS, basic | CNY 3.04 | CNY 1.80 | CNY 1.26 | CNY 0.12 | – |
| EPS, diluted | CNY 2.95 | CNY 1.74 | CNY 1.22 | CNY 0.12 | – |
| Weighted shares, basic | 901.0M | 881.9M | 870.3M | 868.9M | – |
| Weighted shares, diluted | 927.0M | 909.2M | 902.7M | 912.1M | – |
| Margins and growth | |||||
| Operating margin | 29.8% | 15.9% | 9.8% | -2.9% | -24.3% |
| Net margin | 33.1% | 21.3% | 18.5% | 2.4% | -25.1% |
| Revenue growth, year over year | +12.4% | +23.6% | +31.9% | +5.9% | – |
| Net income growth, year over year | +74.6% | +42.6% | +925.0% | – | – |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 20-F | 20-F | 20-F | 20-F | 20-F |
| Reported | – | – | – | – | – |
| Cash and equivalents | CNY 4.10B | CNY 2.55B | CNY 2.47B | CNY 9.75B | CNY 11.3B |
| Short-term investments | CNY 9.45B | CNY 6.64B | CNY 3.51B | CNY 3.46B | CNY 885.0M |
| Accounts receivable | CNY 33.1M | CNY 40.7M | CNY 16.7M | CNY 9.86M | CNY 1.00M |
| Inventory | CNY 2.40M | CNY 3.04M | – | – | – |
| Total current assets | CNY 20.4B | CNY 15.1B | CNY 13.4B | CNY 13.8B | CNY 13.0B |
| Property, plant and equipment | CNY 1.25B | CNY 1.73B | CNY 1.79B | CNY 691.0M | CNY 369.1M |
| Goodwill | CNY 6.53M | CNY 6.53M | CNY 5.69M | CNY 5.69M | – |
| Intangible assets | CNY 100.9M | CNY 252.6M | CNY 8.09M | CNY 10.3M | CNY 458.0K |
| Total assets | CNY 24.6B≈ US$3.51B | CNY 19.3B≈ US$2.65B | CNY 17.9B≈ US$2.53B | CNY 14.8B≈ US$2.15B | CNY 13.6B≈ US$2.14B |
| Accounts payable | CNY 120.0M | CNY 110.7M | CNY 629.2M | CNY 185.3M | CNY 53.0M |
| Total current liabilities | CNY 4.37B | CNY 4.19B | CNY 4.36B | CNY 3.03B | CNY 2.78B |
| Total liabilities | CNY 4.49B | CNY 4.35B | CNY 4.51B | CNY 3.19B | CNY 2.97B |
| Shareholders' equity | CNY 20.1B | CNY 15.0B | CNY 13.4B | CNY 11.6B | CNY 10.7B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 20-F | 20-F | 20-F | 20-F | 20-F |
| Reported | – | – | – | – | – |
| Operating cash flow | CNY 4.55B≈ US$633.4M | CNY 3.54B≈ US$492.3M | CNY 3.05B≈ US$430.6M | CNY 1.00B≈ US$149.4M | CNY 1.64B≈ US$254.5M |
| Capital expenditures | CNY 119.1M | CNY 856.0M | CNY 955.5M | CNY 340.1M | CNY 259.9M |
| Free cash flow | CNY 4.43B≈ US$616.9M | CNY 2.69B≈ US$373.4M | CNY 2.09B≈ US$295.6M | CNY 662.9M≈ US$98.7M | CNY 1.38B≈ US$214.2M |
| Depreciation and amortization | – | – | CNY 258.8M | CNY 140.1M | CNY 80.1M |
| Stock-based compensation | CNY 912.0M | CNY 1.14B | CNY 1.06B | CNY 692.2M | CNY 417.3M |
| Dividends paid | CNY 553.0M | – | CNY 562.9M | – | – |
| Share buybacks | CNY 142.8M | CNY 1.65B | CNY 71.8M | – | CNY 11.6M |
| Investing cash flow | CNY -4.61B | CNY -2.02B | CNY -9.94B | CNY -2.82B | CNY -601.9M |
| Financing cash flow | CNY 1.65B | CNY -1.46B | CNY -417.0M | CNY -669.2M | CNY 6.43B |
| Net change in cash | CNY 1.55B | CNY 80.1M | CNY -7.28B | CNY -1.59B | CNY 7.34B |
| Ratio | |||||
| Stock-based compensation, % of revenue | 11.0% | 15.5% | 17.8% | 15.3% | 9.8% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
Kanzhun Ltd reports no single share count on its 10-K and 10-Q covers. Companies with several share classes report one count per class, which this data doesn't include.
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
- ≈ US$ figures convert CNY at FRED H.10 exchange rates (Federal Reserve): the average rate over the period for income and cash flow, and the rate on the period-end date, or the last business day before it, for the balance sheet.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.