NASDAQ · Financial Statements

Kanzhun Limited (BZ) Financial Statements

$15.40 NASDAQ: BZ Market Cap $7.04B

Kanzhun Limited most recently reported annual revenue of $8.3B, net profit of $2.7B. Revenue grew at an average annual rate of 33.6% over the last 5 fiscal years. See the full income statement, balance sheet, and cash flow statement below, plus valuation and return ratios.

Kanzhun Limited: Revenue rose from $999.0M in 2019 to $8.3B in 2025, a change of +727.6% over 6 years; net profit was positive in 4 of 7 reported years; operating margin moved from -51.3% to 29.8%, a shift of +81.1 percentage points; the most recent year shows net profit of $2.7B.

Income Statement — 7 Years (USD millions)

Metric2019202020212022202320242025
Revenue$999.0M$1.9B$4.3B$4.5B$6.0B$7.4B$8.3B
Operating Expenses$1.5B$2.9B$5.3B$4.6B$5.4B$6.2B$5.8B
Operating Profit$-512.0M$-945.0M$-1.0B$-130.0M$581.0M$1.2B$2.5B
Operating Margin-51.3%-48.6%-24.3%-2.9%9.8%15.9%29.8%
Other Income$10.0M$3.0M$25.0M$247.0M$641.0M$660.0M$736.0M
Interest$0$0$0$0$0$0$0
Depreciation$58.0M$108.0M$189.0M$287.0M$428.0M$686.0M$815.0M
Profit Before Tax$-502.0M$-942.0M$-1.0B$117.0M$1.2B$1.8B$3.2B
Tax$0$0$-5.9M$8.3M$10.0M$14.5M$15.9M
Net Profit$-502.0M$-938.0M$-1.1B$107.0M$1.1B$1.6B$2.7B
EPS$-1.07$-2.05$-2.76$0.24$2.44$3.51$5.74
Dividend Payout0.0%0.0%0.0%0.0%0.0%0.0%0.0%

Quarterly Results — Last 12 Quarters (USD millions)

8 duplicate period labels in the source data were collapsed.

MetricJun '23Sep '23Dec '23Mar '24Jun '24Sep '24Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26
Revenue$1.5B$1.6B$1.6B$1.7B$1.9B$1.9B$1.8B$1.9B$2.1B$2.2B$2.1B$2.1B
Operating Expenses$1.3B$1.3B$1.4B$1.6B$1.6B$1.6B$1.4B$1.5B$1.5B$1.5B$1.4B$1.4B
Operating Profit$175.0M$261.0M$222.0M$104.0M$359.0M$330.0M$381.0M$440.0M$651.0M$687.0M$686.0M$619.0M
Operating Margin11.8%16.2%14.1%6.1%18.7%17.3%20.9%22.9%31.0%31.8%33.0%30.1%
Interest$0$0$0$0$0$0$0$0$0$0$0$0
Profit Before Tax$329.0M$458.0M$380.0M$259.0M$512.0M$526.0M$535.0M$588.0M$808.0M$948.0M$856.0M$1.4B
Tax$5.9M$7.0M$12.9M$6.8M$18.5M$11.8M$17.0M$12.9M$12.0M$18.2M$19.2M$21.0M
Net Profit$310.0M$426.0M$331.0M$245.0M$422.0M$468.0M$450.0M$512.0M$722.0M$807.0M$694.0M$1.1B
EPS$0.68$0.94$0.74$0.54$0.91$1.04$1.00$1.16$1.61$1.70$1.40$2.40

Over the 7 years reported for Kanzhun Limited, borrowings increased from $95.0M in 2019 to $158.0M in 2025, cash stood at $4.1B in the latest year, shareholders' equity was $1.0M, current assets covered current liabilities 4.66 times.

Balance Sheet — 7 Years (USD millions)

Metric2019202020212022202320242025
Total Assets$1.9B$5.1B$13.6B$14.8B$17.9B$19.3B$24.6B
Current Assets$1.7B$4.7B$13.0B$13.8B$13.4B$15.1B$20.4B
Cash$407.0M$4.0B$11.3B$9.8B$2.5B$2.6B$4.1B
Inventory$83.0M$0$0$280.0M$206.0M$3.0M$2.0M
Receivables$76.0M$122.0M$412.0M$10.0M$17.0M$205.0M$186.0M
Fixed Assets$171.0M$335.0M$678.0M$981.0M$2.1B$2.0B$1.4B
Capital Work in Progress$0$0$0$0$0$0$0
Investments$1.1B$536.0M$885.0M$3.5B$12.9B$14.0B$17.7B
Other Assets$0$0$0$6.0M$6.0M$7.0M$7.0M
Total Liabilities$3.5B$7.4B$3.0B$3.2B$4.5B$4.3B$4.5B
Current Liabilities$1.0B$1.7B$2.8B$3.0B$4.4B$4.2B$4.4B
Borrowings$95.0M$136.0M$311.0M$295.0M$280.0M$302.0M$158.0M
Other Liabilities$3.4B$7.2B$2.7B$2.9B$4.2B$4.0B$4.3B
Equity$0$0$1.0M$1.0M$1.0M$1.0M$1.0M
Reserves$-1.7B$-2.3B$10.7B$11.6B$13.4B$14.9B$20.0B

For Kanzhun Limited, operating cash flow was positive in 6 of 7 reported years; free cash flow in the latest year was $4.4B; free cash flow was positive in 6 of 7 years; financing activities used $143.0M in the latest year, which covers debt repayment, dividends and buybacks.

Cash Flow Statement — 7 Years (USD millions)

Metric2019202020212022202320242025
Operating Cash Flow$-106.0M$396.0M$1.6B$1.0B$3.0B$3.5B$4.6B
Investing Cash Flow$-1.3B$329.0M$-862.0M$-3.2B$-10.9B$-2.9B$-4.7B
Financing Cash Flow$0$0$24.0M$-669.0M$146.0M$-1.5B$-143.0M
Net Cash Flow$-293.0M$3.6B$7.3B$-1.6B$-7.3B$80.0M$1.6B
Free Cash Flow$-170.0M$258.0M$1.4B$663.0M$2.1B$2.7B$4.4B

Valuation & Return Ratios

MetricValue
PEG Ratio0.19
EV / EBITDA8.86
FCF Yield9.76%
Quick Ratio4.33
Interest Coverage—
Return 1Y-37.26%
Return 3Y-3.16%
Return 5Y-60.28%

Kanzhun Limited (BZ) financials — frequently asked questions

What is Kanzhun Limited's annual revenue?

Kanzhun Limited (BZ) reported annual revenue of $8.3B in its most recent fiscal year.

What is Kanzhun Limited's net profit?

Kanzhun Limited (BZ) reported net profit of $2.7B in its most recent fiscal year.

What is BZ EV/EBITDA?

Kanzhun Limited's enterprise value to EBITDA (EV/EBITDA) ratio is 8.86.

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