Kanzhun Limited(BZ)Earnings, Financials & Key Ratios
BZ•NASDAQ
$14.37
$12.49B mkt cap·27.9× P/E·Price updated May 6, 2026
AboutKanzhun Limited operates an online recruitment platform, BOSS Zhipin in the People's Republic of China. Its recruitment platform assists the recruitment process between job seekers and employers for enterprises, and corporations. The company was founded in 2013 and is headquartered in Beijing, the People's Republic of China.Show more
- Revenue$7.36B+23.6%
- EBITDA$1.86B+84.3%
- Net Income$1.58B+44.2%
- EPS (Diluted)3.51+43.9%
- Gross Margin83.15%+1.2%
- EBITDA Margin25.28%+49.1%
- Operating Margin15.95%+63.4%
- Net Margin21.54%+16.7%
- ROE11.16%+27.3%
- ROIC7.35%+13.1%
- Debt/Equity0.02-3.2%
BZ Key Insights
Kanzhun Limited (BZ) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Company is almost debt free
- ✓Strong Piotroski F-Score: 7/9
- ✓FCF machine: 36.5% free cash flow margin
- ✓High quality earnings: Operating CF exceeds net income
- ✓Strong 5Y sales CAGR of 49.1%
✗Weaknesses
- ✗Weak momentum: RS Rating 13 (bottom 13%)
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
BZ Price & Volume
Kanzhun Limited (BZ) stock price & volume — 10-year historical chart
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BZ Growth Metrics
Kanzhun Limited (BZ) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years49.09%
3 Years19.98%
TTM12.66%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM69.87%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM69.35%
Return on Capital
10 Years-17.73%
5 Years-9.52%
3 Years3.87%
Last Year8.17%
BZ Recent Earnings
Kanzhun Limited (BZ) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 9/12 qtrs (75%)●Beat Revenue 9/12 qtrs (75%)
Q2 2026Latest
Mar 18, 2026EPS
$0.27
Est $0.30
-10.0%
Revenue
$297M
Est $295M
+0.7%
Q4 2025
Nov 18, 2025EPS
$0.30
Est $0.30
+0.0%
Revenue
$304M
Est $290M
+4.7%
Q3 2025
Aug 20, 2025EPS
$0.29
Est $0.28
+3.6%
Revenue
$293M
Est $300M
-2.3%
Q2 2025
May 22, 2025EPS
$0.24
Est $0.22
+9.1%
Revenue
$264M
Est $290M
-8.9%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 18, 2026 | $0.27vs $0.30-10.0% | $297Mvs $295M+0.7% |
| Q4 2025 | Nov 18, 2025 | $0.30vs $0.30+0.0% | $304Mvs $290M+4.7% |
| Q3 2025 | Aug 20, 2025 | $0.29vs $0.28+3.6% | $293Mvs $300M-2.3% |
| Q2 2025 | May 22, 2025 | $0.24vs $0.22+9.1% | $264Mvs $290M-8.9% |
Based on last 12 quarters of dataView full earnings history →
BZ Peer Comparison
Kanzhun Limited (BZ) competitors in Digital Job and Talent Marketplaces — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 RCUS | 2.62B | 26.00 | -7.90 | -4.26% | -156.36% | -68.97% | 0.16 | |
 DHX | 125.92M | 2.80 | -9.33 | -9.93% | -1.78% | -2.3% | 0.49 | |
 MAN | 1.36B | 29.27 | -100.93 | 0.58% | -0.07% | -0.65% | 1.16 | |
 ZM | 32.31B | 105.13 | 17.01 | 4.36% | 39.03% | 19.37% | 0.00 | |
 UPWK | 1.32B | 10.08 | 12 | 2.4% | 19.33% | 24.16% | 0.59 | |
 FVRR | 404.81M | 11.26 | 20.11 | 10.07% | 6.7% | 7.03% | 0.01 | |
 TASK | 601.36M | 6.68 | 6.07 | 18.95% | 11.64% | 21.23% | 0.50 | |
 RELY | 5B | 23.73 | 76.55 | 29.37% | 6.12% | 12.66% | 0.25 |
Compare BZ vs Peers
Kanzhun Limited (BZ) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
BZ Income Statement
Kanzhun Limited (BZ) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|
| Sales/Revenue | 998.72M | 1.94B | 4.26B | 4.51B | 5.95B | 7.36B | 8.01B |
| Revenue Growth % | - | 94.69% | 119.05% | 5.92% | 31.94% | 23.58% | 12.66% |
| Cost of Goods Sold | 137.81M | 240.21M | 554.65M | 754.86M | 1.06B | 1.24B | 1.24B |
| COGS % of Revenue | 13.8% | 12.35% | 13.02% | 16.73% | 17.81% | 16.85% | - |
| Gross Profit | 860.91M▲ 0% | 1.7B▲ 97.9% | 3.7B▲ 117.4% | 3.76B▲ 1.4% | 4.89B▲ 30.2% | 6.12B▲ 25.0% | 6.77B▲ 0% |
| Gross Margin % | 86.2% | 87.65% | 86.98% | 83.27% | 82.19% | 83.15% | 84.53% |
| Gross Profit Growth % | - | 97.95% | 117.38% | 1.4% | 30.24% | 25.02% | - |
| Operating Expenses | 1.37B | 2.65B | 4.74B | 3.89B | 4.31B | 4.94B | 4.61B |
| OpEx % of Revenue | 137.46% | 136.24% | 111.31% | 86.14% | 72.43% | 67.2% | - |
| Selling, General & Admin | 1.05B | 2.14B | 3.93B | 2.72B | 2.8B | 3.17B | 2.95B |
| SG&A % of Revenue | 105.12% | 110.3% | 92.36% | 60.31% | 47.09% | 43.06% | - |
| Research & Development | 325.57M | 513.36M | 821.98M | 1.18B | 1.54B | 1.82B | 1.69B |
| R&D % of Revenue | 32.6% | 26.4% | 19.3% | 26.22% | 25.93% | 24.69% | - |
| Other Operating Expenses | -2.57M | -8.85M | -14.98M | -17.59M | -35.38M | -39.79M | -3.04M |
| Operating Income | -511.92M▲ 0% | -944.9M▼ 84.6% | -1.04B▼ 9.7% | -129.52M▲ 87.5% | 580.97M▲ 548.6% | 1.17B▲ 101.9% | 2.16B▲ 0% |
| Operating Margin % | -51.26% | -48.6% | -24.33% | -2.87% | 9.76% | 15.95% | 26.94% |
| Operating Income Growth % | - | -84.58% | -9.67% | 87.5% | 548.56% | 101.89% | - |
| EBITDA | -454.37M | -836.86M | -846.88M | 157.88M | 1.01B | 1.86B | 2.16B |
| EBITDA Margin % | -45.5% | -43.04% | -19.88% | 3.5% | 16.95% | 25.28% | 26.94% |
| EBITDA Growth % | - | -84.18% | -1.2% | 118.64% | 539% | 84.31% | 112.75% |
| D&A (Non-Cash Add-back) | 57.55M | 108.04M | 189.44M | 287.4M | 427.89M | 686.48M | 0 |
| EBIT | -511.92M | -944.9M | -1.04B | -129.52M | 580.97M | 1.17B | 2.16B |
| Net Interest Income | 145K | 3.1M | 34.48M | 226.48M | 606.76M | 625.28M | 690.88M |
| Interest Income | 145K | 3.1M | 34.48M | 226.48M | 606.76M | 625.28M | 690.88M |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 9.86M | 3.01M | 24.77M | 246.51M | 640.82M | 659.71M | 720.26M |
| Pretax Income | -502.06M▲ 0% | -941.89M▼ 87.6% | -1.01B▼ 7.4% | 117M▲ 111.6% | 1.22B▲ 944.3% | 1.83B▲ 50.0% | 2.88B▲ 0% |
| Pretax Margin % | -50.27% | -48.44% | -23.75% | 2.59% | 20.53% | 24.91% | 35.93% |
| Income Tax | 0 | 0 | 59.53M | 9.75M | 122.57M | 265.63M | 436.02M |
| Effective Tax Rate % | 0% | 0% | -5.88% | 8.33% | 10.03% | 14.49% | 15.15% |
| Net Income | -502.06M▲ 0% | -937.79M▼ 86.8% | -1.07B▼ 14.2% | 107.25M▲ 110.0% | 1.1B▲ 925.0% | 1.58B▲ 44.2% | 2.49B▲ 0% |
| Net Margin % | -50.27% | -48.23% | -25.15% | 2.38% | 18.47% | 21.54% | 31.09% |
| Net Income Growth % | - | -86.79% | -14.21% | 110.01% | 924.97% | 44.16% | 69.87% |
| Net Income (Continuing) | -502.06M | -941.89M | -1.07B | 107.25M | 1.1B | 1.57B | 2.44B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | -9K | 95.45M | 0 |
| EPS (Diluted) | -1.07▲ 0% | -2.05▼ 91.6% | -2.76▼ 34.6% | 0.24▲ 108.7% | 2.44▲ 916.7% | 3.51▲ 43.9% | 5.25▲ 0% |
| EPS Growth % | - | -91.59% | -34.63% | 108.7% | 916.67% | 43.85% | 69.35% |
| EPS (Basic) | -1.07 | -2.05 | -2.85 | 0.24 | 2.44 | 3.52 | - |
| Diluted Shares Outstanding | 458.46M | 458.46M | 448.14M | 456.07M | 451.37M | 451.39M | 474.7M |
| Basic Shares Outstanding | 458.46M | 458.46M | 433.3M | 434.47M | 450.5M | 449.98M | 460.65M |
| Dividend Payout Ratio | - | - | - | - | 51.21% | - | - |
BZ Balance Sheet
Kanzhun Limited (BZ) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|
| Total Current Assets | 1.71B | 4.75B | 12.96B | 13.83B | 13.37B | 15.1B | 19.94B |
| Cash & Short-Term Investments | 1.55B | 4.57B | 12.23B | 13.21B | 12.91B | 14.68B | 19.21B |
| Cash Only | 407.36M | 4B | 11.34B | 9.75B | 2.47B | 2.55B | 4.7B |
| Short-Term Investments | 1.14B | 536.4M | 885M | 3.46B | 10.44B | 12.13B | 14.52B |
| Accounts Receivable | 75.54M | 121.92M | 411.67M | 9.86M | 16.73M | 205M | 42.21M |
| Days Sales Outstanding | 27.61 | 22.89 | 35.28 | 0.8 | 1.03 | 10.17 | 6.94 |
| Inventory | 82.66M | 0 | 0 | 279.99M | 206.19M | 3.04M | 2.53M |
| Days Inventory Outstanding | 218.93 | - | - | 135.39 | 71.01 | 0.9 | 0.82 |
| Other Current Assets | -82.44M | -188K | -620.98M | 1.58M | 34.28M | 32M | 0 |
| Total Non-Current Assets | 171.21M | 335.97M | 682.67M | 1B | 4.57B | 4.21B | 4.22B |
| Property, Plant & Equipment | 170.57M | 335.42M | 678.21M | 980.66M | 2.08B | 2.04B | 1.59B |
| Fixed Asset Turnover | 5.86x | 5.80x | 6.28x | 4.60x | 2.87x | 3.61x | 4.46x |
| Goodwill | 0 | 0 | 0 | 5.69M | 5.69M | 6.53M | 6.53M |
| Intangible Assets | 640K | 549K | 458K | 10.25M | 8.09M | 252.59M | 105.56M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 2.47B | 1.91B | 9.64B |
| Other Non-Current Assets | 0 | 0 | 4M | 4M | 4M | 0 | 0 |
| Total Assets | 1.88B▲ 0% | 5.08B▲ 170.5% | 13.64B▲ 168.4% | 14.83B▲ 8.7% | 17.94B▲ 21.0% | 19.31B▲ 7.6% | 24.16B▲ 0% |
| Asset Turnover | 0.53x | 0.38x | 0.31x | 0.30x | 0.33x | 0.38x | 0.38x |
| Asset Growth % | - | 170.53% | 168.36% | 8.69% | 21% | 7.64% | 55.5% |
| Total Current Liabilities | 1.01B | 1.72B | 2.78B | 3.03B | 4.36B | 4.19B | 4.77B |
| Accounts Payable | 42.62M | 19.51M | 32.98M | 185.3M | 629.22M | 110.67M | 78.8M |
| Days Payables Outstanding | 112.87 | 29.65 | 21.7 | 89.6 | 216.69 | 32.58 | 21.75 |
| Short-Term Debt | 0 | -395.56M | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 629.28M | 1.23B | 2B | 2.12B | 2.87B | 3.17B | 13.12B |
| Other Current Liabilities | 0 | 135.44M | -403.93M | 0 | 0 | 240.19M | 0 |
| Current Ratio | 1.69x | 2.76x | 4.65x | 4.56x | 3.07x | 3.60x | 3.60x |
| Quick Ratio | 1.61x | 2.76x | 4.65x | 4.47x | 3.02x | 3.60x | 3.60x |
| Cash Conversion Cycle | 133.67 | - | - | 46.59 | -144.66 | -21.52 | -13.98 |
| Total Non-Current Liabilities | 2.53B | 5.66B | 183.37M | 155M | 153.5M | 155.8M | 106.2M |
| Long-Term Debt | 0 | 0 | 183.37M | 143.59M | 0 | 0 | 0 |
| Capital Lease Obligations | 37.66M | 76.37M | 183.37M | 143.59M | 125.08M | 121.34M | 342.38M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 11.4M | 28.43M | 0 | 152.99M |
| Other Non-Current Liabilities | 2.49B | 5.59B | -183.37M | -143.59M | 28.43M | 34.45M | 0 |
| Total Liabilities | 3.54B | 7.38B | 2.97B | 3.19B | 4.51B | 4.35B | 4.87B |
| Total Debt | 94.88M | 135.93M | 310.9M | 295.03M | 280.09M | 302.13M | 165.85M |
| Net Debt | -312.48M | -3.86B | -11.03B | -9.46B | -2.19B | -2.25B | -4.53B |
| Debt / Equity | - | - | 0.03x | 0.03x | 0.02x | 0.02x | 0.02x |
| Debt / EBITDA | - | - | - | 1.87x | 0.28x | 0.16x | 0.08x |
| Net Debt / EBITDA | - | - | - | -59.90x | -2.17x | -1.21x | -1.21x |
| Interest Coverage | - | - | - | - | - | - | - |
| Total Equity | -1.66B▲ 0% | -2.3B▼ 38.5% | 10.67B▲ 564.1% | 11.64B▲ 9.1% | 13.43B▲ 15.4% | 14.96B▲ 11.4% | 19.2B▲ 0% |
| Equity Growth % | - | -38.48% | 564.07% | 9.06% | 15.36% | 11.42% | 68.84% |
| Book Value per Share | -3.62 | -5.02 | 23.82 | 25.52 | 29.75 | 33.15 | 40.44 |
| Total Shareholders' Equity | -1.66B | -2.3B | 10.67B | 11.64B | 13.43B | 14.87B | 19.2B |
| Common Stock | 62K | 81K | 554K | 564K | 564K | 571K | 0 |
| Retained Earnings | -1.68B | -2.62B | -3.69B | -3.59B | -2.49B | -902.59M | 0 |
| Treasury Stock | 0 | 0 | 0 | -918.89M | -479.73M | -1.52B | 0 |
| Accumulated OCI | 19.15M | -130.39M | -257.76M | 695.18M | 898.81M | 1.05B | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | -9K | 95.45M | 0 |
BZ Cash Flow Statement
Kanzhun Limited (BZ) cash flow — operating, investing & free cash flow history
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|
| Cash from Operations | -105.66M | 395.91M | 1.64B | 1B | 3.05B | 3.54B | 3.54B |
| Operating CF Margin % | -10.58% | 20.36% | 38.54% | 22.24% | 51.19% | 48.16% | - |
| Operating CF Growth % | - | 474.69% | 314.58% | -38.89% | 203.78% | 16.26% | 79.55% |
| Net Income | -502.06M | -941.89M | -1.07B | 107.25M | 1.1B | 1.57B | 2.49B |
| Depreciation & Amortization | 57.55M | 108.04M | 189.44M | 287.4M | 427.89M | 0 | 510.07M |
| Stock-Based Compensation | 34.25M | 124.11M | 417.28M | 692.2M | 1.06B | 1.14B | 976.08M |
| Deferred Taxes | 0 | 5.3M | -4.52M | 9.32M | 14.08M | 8.54M | 0 |
| Other Non-Cash Items | 26K | 533.13M | 1.51B | -52.1M | -288.86M | 676.85M | 322.42M |
| Working Capital Changes | 304.57M | 567.23M | 603.9M | -41.03M | 737.71M | 146.39M | -114.44M |
| Change in Receivables | -1.53M | -5.2M | 6M | -5.08M | -7.04M | -20.74M | -17.49M |
| Change in Inventory | -58.44M | 9.64M | -173.78M | 0 | 0 | -3.04M | -3.04M |
| Change in Payables | 29.28M | -22.75M | 13.46M | 10.18M | 24.74M | -28.68M | 0 |
| Cash from Investing | -1.22B | 467.31M | -601.86M | -2.82B | -9.94B | -2.02B | -3.89B |
| Capital Expenditures | -64.04M | -138.21M | -259.89M | -340.12M | -955.51M | 0 | 36.53M |
| CapEx % of Revenue | 6.41% | 7.11% | 6.1% | 7.54% | 16.05% | 11.64% | - |
| Acquisitions | 0 | 0 | 0 | -9.93M | -66K | 0 | 0 |
| Investments | - | - | - | - | - | - | - |
| Other Investing | 11K | 36K | 29K | 324K | 6.95M | -2.02B | -3.93B |
| Cash from Financing | 993.48M | 2.88B | 6.43B | -669.23M | -417.02M | -1.46B | 1.59B |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 1000K | 1000K | 1000K | -1000K | -1000K | -1000K | -3M |
| Dividends Paid | 0 | 0 | 0 | 0 | -562.9M | 0 | 0 |
| Share Repurchases | 0 | 0 | -11.58M | -918.89M | -71.83M | -1.65B | -1.75B |
| Other Financing | 0 | 0 | 35.98M | 249.66M | 217.71M | 191.32M | 3.34B |
| Net Change in Cash | -292.88M▲ 0% | 3.59B▲ 1326.1% | 7.34B▲ 104.5% | -1.59B▼ 121.7% | -7.28B▼ 357.8% | 80.13M▲ 101.1% | 1.88B▲ 0% |
| Free Cash Flow | -169.7M▲ 0% | 257.7M▲ 251.9% | 1.38B▲ 436.1% | 662.92M▼ 52.0% | 2.09B▲ 215.5% | 2.69B▲ 28.4% | 3.33B▲ 0% |
| FCF Margin % | -16.99% | 13.25% | 32.44% | 14.7% | 35.14% | 36.52% | 41.55% |
| FCF Growth % | - | 251.85% | 436.08% | -52.01% | 215.5% | 28.45% | 85.08% |
| FCF per Share | -0.37 | 0.56 | 3.08 | 1.45 | 4.63 | 5.95 | 5.95 |
| FCF Conversion (FCF/Net Income) | 0.21x | -0.42x | -1.53x | 9.35x | 2.77x | 2.24x | 1.34x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 101.29M | 133.46M | 306.76M | 0 |
BZ Key Ratios
Kanzhun Limited (BZ) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|
| Return on Equity (ROE) | - | -25.58% | 0.96% | 8.77% | 11.16% | 14.9% |
| Return on Invested Capital (ROIC) | - | - | -10.63% | 6.49% | 7.35% | 7.35% |
| Gross Margin | 87.65% | 86.98% | 83.27% | 82.19% | 83.15% | 84.53% |
| Net Margin | -48.23% | -25.15% | 2.38% | 18.47% | 21.54% | 31.09% |
| Debt / Equity | - | 0.03x | 0.03x | 0.02x | 0.02x | 0.02x |
| FCF Conversion | -0.42x | -1.53x | 9.35x | 2.77x | 2.24x | 1.34x |
| Revenue Growth | 94.69% | 119.05% | 5.92% | 31.94% | 23.58% | 12.66% |
BZ Frequently Asked Questions
Kanzhun Limited (BZ) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Kanzhun Limited (BZ) reported $8.01B in revenue for fiscal year 2024. This represents a 702% increase from $998.7M in 2019.
Kanzhun Limited (BZ) grew revenue by 23.6% over the past year. This is strong growth.
Yes, Kanzhun Limited (BZ) is profitable, generating $2.49B in net income for fiscal year 2024 (21.5% net margin).
Dividend & Returns
Kanzhun Limited (BZ) has a return on equity (ROE) of 11.2%. This is reasonable for most industries.
Kanzhun Limited (BZ) generated $3.33B in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Explore More BZ
Kanzhun Limited (BZ) financial analysis — history, returns, DCA and operating performance tools
Full BZ Stock Analysis
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Dividend History
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Earnings History
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Price History
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Financial Ratios
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Valuation
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