Kanzhun Limited (BZ) Financial Statements

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Kanzhun financial statements at a glance

Kanzhun reported revenue of 8.27 billion CNY for fiscal year 2025 (ended December 31, 2025), up 12.4% from fiscal year 2024. Net income was 2.74 billion CNY, a net margin of 33.1%, and diluted earnings per share were 2.95 CNY.

At the end of fiscal year 2025 it had total assets of 24.57 billion CNY, total liabilities of 4.49 billion CNY and shareholders' equity of 20.03 billion CNY, with cash and short-term investments of 19.95 billion CNY and total debt of 158.04 million CNY.

Its operations brought in 4.55 billion CNY of cash; capital spending was 119.12 million CNY, leaving free cash flow of 4.43 billion CNY.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in CNY; latest fiscal year ended December 31, 2025.

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Kanzhun Limited

BZChina
Technology
CNY (Local)

Income Statement

Annual • CNY

Total Revenue
8.27B
Prev Year: 7.36B
YoY: +12.4%
Operating Revenue
8.19B
Prev Year: 7.27B
YoY: +12.7%
Total Unusual Items Excluding Goodwill
11.16M
Prev Year: -68.0K
YoY: +16513.2%
Total Unusual Items
11.16M
Prev Year: -68.0K
YoY: +16513.2%
Normalized EBITDA
3.27B
Prev Year: 1.86B
YoY: +75.7%
Tax Rate for Calcs
0.159
Prev Year: 0
Tax Effect of Unusual Items
1.78M
Prev Year: -9.9K
YoY: +18144.7%
Noncontrolling Interests
44.87M
Prev Year: 17.64M
YoY: +154.4%
Other Operating Expenses
22.05M
Prev Year: -39.79M
YoY: +155.4%
Cost of Revenue
1.24B
Prev Year: 1.24B
YoY: -0.4%
Gross Profit
7.03B
Prev Year: 6.12B
YoY: +15.0%
Operating Expense
4.57B
Prev Year: 4.94B
YoY: -7.6%
Selling General and Administrative
2.89B
Prev Year: 3.17B
YoY: -8.7%
General and Administrative Expense
1.20B
Prev Year: 1.09B
YoY: +9.6%
Other General and Administrative
1.20B
Prev Year: 1.09B
YoY: +9.6%
Selling and Marketing Expense
1.69B
Prev Year: 2.07B
YoY: -18.3%
Research and Development
1.65B
Prev Year: 1.82B
YoY: -8.9%
Operating Income
2.46B
Prev Year: 1.17B
YoY: +110.1%
Net Non Operating Interest Income Expense
705.96M
Prev Year: 625.28M
YoY: +12.9%
Non-operating Interest Income
705.96M
Prev Year: 625.28M
YoY: +12.9%
Other Income Expense
30.15M
Prev Year: 34.43M
YoY: -12.4%
Gain on Sale of Securities
11.16M
Prev Year: -68.0K
YoY: +16513.2%
Other Non-operating Income (expense)
18.99M
Prev Year: 34.50M
YoY: -45.0%
Pre-tax Income
3.20B
Prev Year: 1.83B
YoY: +74.6%
Provision for Income Taxes
509.75M
Prev Year: 265.63M
YoY: +91.9%
Net Income Common Stockholders
2.74B
Prev Year: 1.58B
YoY: +72.6%
Net Income
2.74B
Prev Year: 1.58B
YoY: +72.6%
Net Income Including Non-Controlling Interests
2.69B
Prev Year: 1.57B
YoY: +71.7%
Net Income from Continuing Operations
2.69B
Prev Year: 1.57B
YoY: +71.7%
Diluted NI Available to Com Stockholders
2.74B
Prev Year: 1.58B
YoY: +72.6%
Basic EPS
3.04
Prev Year: 1.8
YoY: +68.9%
Diluted EPS
2.95
Prev Year: 1.74
YoY: +69.5%
Weighted Average Shares (basic)
901.03M
Prev Year: 881.88M
YoY: +2.2%
Weighted Average Shares (diluted)
926.99M
Prev Year: 909.23M
YoY: +2.0%
Total Operating Income as Reported
2.46B
Prev Year: 1.17B
YoY: +110.1%
Total Expenses
5.80B
Prev Year: 6.18B
YoY: -6.1%
Net Income from Continuing and Discontinued Operation
2.74B
Prev Year: 1.58B
YoY: +72.6%
Normalized Income
2.73B
Prev Year: 1.58B
YoY: +72.0%
Interest Income
705.96M
Prev Year: 625.28M
YoY: +12.9%
Interest Expense
-
Net Interest Income
705.96M
Prev Year: 625.28M
YoY: +12.9%
EBIT
2.46B
Prev Year: 1.17B
YoY: +110.1%
EBITDA
3.28B
Prev Year: 1.86B
YoY: +76.4%
Reconciled Cost of Revenue
1.24B
Prev Year: 1.24B
YoY: -0.4%
Reconciled Depreciation
815.01M
Prev Year: 686.48M
YoY: +18.7%
Net Income from Continuing Operation Net Minority Interest
2.74B
Prev Year: 1.58B
YoY: +72.6%
Values in CNY

Kanzhun key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue8.3B CNY7.4B CNY6.0B CNY4.5B CNY4.3B CNY
Gross profit7.0B CNY6.1B CNY4.9B CNY3.8B CNY3.7B CNY
Operating income2.5B CNY1.2B CNY581.0M CNY-129.5M CNY-1.0B CNY
Net income2.7B CNY1.6B CNY1.1B CNY107.2M CNY-1.2B CNY
Diluted EPS2.95 CNY1.74 CNY1.22 CNY0.12 CNY-2.33 CNY
Total assets24.6B CNY19.3B CNY17.9B CNY14.8B CNY13.6B CNY
Total liabilities4.5B CNY4.3B CNY4.5B CNY3.2B CNY3.0B CNY
Shareholders' equity20.0B CNY14.9B CNY13.4B CNY11.6B CNY10.7B CNY
Cash and short-term investments19.9B CNY14.7B CNY12.9B CNY13.2B CNY12.2B CNY
Total debt158.0M CNY302.1M CNY280.1M CNY295.0M CNY310.9M CNY
Operating cash flow4.6B CNY3.5B CNY3.0B CNY1.0B CNY1.6B CNY
Capital spending119.1M CNY856.0M CNY955.5M CNY340.1M CNY259.9M CNY
Free cash flow4.4B CNY2.7B CNY2.1B CNY662.9M CNY1.4B CNY

In CNY. Fiscal years as reported by the company; statements on this page go back to fiscal year 2019.

Questions and answers

What was Kanzhun's revenue in fiscal year 2025?

8.27 billion CNY, up 12.4% from 7.36 billion CNY in fiscal year 2024.

How much profit does Kanzhun make?

Kanzhun reported net income of 2.74 billion CNY for fiscal year 2025 (33.1% of revenue); operating income was 2.46 billion CNY.

How much cash and debt does Kanzhun have?

At the end of fiscal year 2025: cash and short-term investments of 19.95 billion CNY and total debt of 158.04 million CNY.

What is Kanzhun's free cash flow?

4.43 billion CNY in fiscal year 2025 (operating cash flow of 4.55 billion CNY minus capital spending of 119.12 million CNY).

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Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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