Kanzhun Ltd ADR (BZ) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$2.17	$2.23	+2.8%	—	$2.4B	—
Q1 26	$1.79	$1.87	+4.5%	—	$2.1B	—
Q4 25	$1.9	$1.9	0.0%	—	$2.1B	—
Q3 25	$2.06	$2.16	+4.9%	—	$2.2B	—
Q2 25	$1.9	$2.09	+10.0%	—	$2.1B	—
Q1 25	$1.56	$1.72	+10.3%	—	$1.9B	—
Q4 24	$1.57	$1.62	+3.2%	—	$1.8B	—
Q3 24	$1.41	$1.64	+16.3%	—	$269M	—
Q2 24	$1.42	$1.57	+10.6%	—	$267.2M	—
Q1 24	$1.01	$1.18	+16.8%	—	$1.7B	—
Q4 23	$1.18	$1.39	+17.8%	—	$1.6B	—
Q3 23	$1.05	$1.59	+51.4%	—	$1.6B	—
Q2 23	$0.94	$1.26	+34.0%	—	$1.5B	—
Q1 23	$0.43	$0.54	+25.6%	—	$1.3B	—
Q4 22	—	$0.13	—	—	$1.1B	—
Q3 22	$0.51	$0.82	+60.8%	—	$1.2B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$6.08	—	—	$8.3B	—
FY24	—	$3.6	—	—	$7.4B	—
FY23	—	$2.52	—	—	$6B	—
FY22	—	$0.24	—	—	$4.5B	—
FY21	—	-$4.66

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$998.7M	$1.9B	$4.3B	$4.5B	$6B	$7.4B	$8.3B
YoY change	—	+94.7%	+119.1%	+5.92%	+31.9%	+23.6%	+12.4%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	998.7M	1.9B	4.3B	4.5B	6B	7.4B	8.3B
Cost of revenue	137.8M	240.2M	554.6M	754.9M	1.1B	1.2B	1.2B
Gross profit	860.9M	1.7B	3.7B	3.8B	4.9B	6.1B	7B
Gross margin	86.2%	87.6%	87%	83.3%	82.2%	83.1%	85.1%
Research & development	325.6M	513.4M	822M	1.2B	1.5B	1.8B	1.7B
Selling, general & administrative	1B	2.1B	3.9B	2.7B	2.8B	3.2B	2.9B
Operating expenses	1.4B	2.6B	4.7B	3.9B	4.3B	4.9B	4.6B
Operating income	-511.9M	-944.9M	-1B	-129.5M	581M	1.2B	2.5B
Operating margin	-51.3%	-48.6%	-24.3%	-2.87%	9.76%	15.9%	29.8%
Non-operating income, net	9.7M	-88K	-9.7M	20M	34.1M	34.4M	30.1M
Pretax income	-502.1M	-941.9M	-1B	117M	1.2B	1.8B	3.2B
Income tax	0	0	59.5M	9.8M	122.6M	265.6M	509.7M
Net income	-502.1M	-941.9M	-1.1B	107.2M	1.1B	1.6B	2.7B
Net margin	-50.3%	-48.4%	-25.1%	2.38%	18.5%	21.3%	32.5%
EBITDA	-464.1M	-840.9M	-844.9M	149.3M	1B	1.9B	3.3B
EPS	-1.69	-2.82	-4.66	0.24	2.52	3.6	6.08
Diluted EPS	-1.69	-2.82	-4.66	0.24	2.44	3.48	5.9

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	1.6B	1.6B	1.7B	267.2M	269M	1.8B	1.9B	2.1B	2.2B	2.1B	2.1B	2.4B
Cost of revenue	267.5M	274.8M	295.4M	44.1M	44.2M	313.7M	310.8M	307.5M	307.8M	309.1M	298.2M	312.4M
Gross profit	1.3B	1.3B	1.4B	223.1M	224.8M	1.5B	1.6B	1.8B	1.9B	1.8B	1.8B	2.1B
Gross margin	83.3%	82.6%	82.7%	83.5%	83.6%	82.8%	83.8%	85.4%	85.8%	85.1%	85.6%	87%
Research & development	414.4M	430.2M	467.6M	61.9M	65.3M	440.4M	423.6M	416M	408M	406M	423.8M	430.5M
Selling, general & administrative	676.8M	658.2M	849.7M	112.4M	113.8M	702.2M	756.7M	730.8M	760.4M	644.6M	724.2M	799.6M
Operating expenses	1.1B	1.1B	1.3B	173.1M	178.3M	1.1B	1.2B	1.1B	1.2B	1.1B	1.1B	1.2B
Operating income	261M	222.3M	103.6M	50M	46.5M	380.6M	439.8M	651.2M	687.1M	686M	623.6M	863.2M
Operating margin	16.2%	14.1%	6.08%	18.7%	17.3%	20.9%	22.9%	31%	31.8%	33%	30.1%	36%
Non-operating income, net	31.9M	-301.7M	-229K	-28K	5.2M	-2.1M	-1.2M	72K	32.6M	-1.3M	20.2M	-3.1M
Pretax income	457.6M	380.5M	259.4M	71.4M	74M	535M	588.1M	808.2M	947.6M	856.2M	1.4B	2.5B
Income tax	31.9M	49.2M	17.7M	13.2M	8.8M	90.7M	76M	97.1M	172.2M	164.5M	298.9M	550.3M
Net income	425.7M	331.2M	241.7M	58.2M	65.3M	444.2M	512.1M	711.2M	775.4M	691.8M	1.1B	1.9B
Net margin	26.5%	21%	14.2%	21.8%	24.3%	24.4%	26.6%	33.8%	35.8%	33.3%	54.4%	81%
EBITDA	261.5M	519.9M	103.6M	50M	46.5M	380.7M	440.4M	650.6M	683.3M	678.7M	622.9M	862.9M
EPS	0.98	0.76	0.56	0.94	1.06	1.02	1.16	—	1.76	1.5	2.5	4.28
Diluted EPS	0.94	0.74	0.54	0.92	1.04	1	1.16	—	1.7	1.46	2.44	4.2

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	—	—	—	—	52.7B	—	9.2B	6.2B
Enterprise value	—	—	—	—	40.1B	—	-10.6B	-2.1B
Shares outstanding	3.2B	3.2B	1.9B	3.3B	3.2B	440.9M	450.5M	450.5M

Valuation

Metric	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	—	—	—	47.9	—	3.41	9.71
P/S	—	—	—	—	8.85	—	1.11	0.71
P/B	—	—	—	—	3.92	—	0.46	2.05
EV/EBITDA	—	—	—	—	39.8	—	-3.25	-3.98
EV/Sales	—	—	—	—	6.73	—	-1.28	-1.64
Earnings yield	—	—	—	—	2.09%	—	29.3%	10.3%
FCF yield	—	—	—	—	3.97%	—	48.3%	9.84%
PEG	—	—	—	—	—	—	—	9.55

Profitability

Metric	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	86.2%	87.6%	87%	83.3%	82.2%	83.1%	85.1%	87%
Operating margin	-51.3%	-48.6%	-24.3%	-2.87%	9.76%	15.9%	29.8%	36%
Net margin	-50.3%	-48.4%	-25.1%	2.38%	18.5%	21.3%	32.5%	52.8%
ROE	30.2%	40.9%	-10%	0.92%	8.19%	10.5%	13.4%	23.9%
ROA	-26.7%	-18.5%	-7.85%	0.72%	6.13%	8.11%	11%	7.88%
ROIC	16.4%	14.1%	83.5%	9.32%	65.4%	171.8%	705.2%	709.1%
Return on tangible assets	-26.7%	-18.5%	-7.85%	0.72%	6.14%	8.34%	11%	17%

Financial health

Metric	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.69	2.76	4.65	4.56	3.07	3.6	4.66	4.19
Quick ratio	1.69	2.76	4.65	4.56	3.07	3.6	4.66	4.19
Debt / equity	-0.06	-0.06	0.03	0.03	0.02	0.02	0.01	0.01
Debt / assets	0.05	0.03	0.02	0.02	0.02	0.02	0.01	0.01
Net debt / EBITDA	3.13	5.23	14.1	-86.5	-12.5	-7.73	-6.05	-7.28
Interest coverage	-1.5K	—	—	—	—	—	—	—
Effective tax rate	0%	0%	0%	8.33%	10%	14.5%	15.9%	20.7%

Per share

Metric	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	0.32	0.62	2.22	1.36	1.88	16.7	18.4	18.9
EPS (basic)	-1.69	-2.82	-4.66	0.24	2.52	3.6	6.08	6.08
EPS (diluted)	-1.69	-2.82	-4.66	0.24	2.44	3.48	5.9	1.46
Book value per share	-0.53	-0.73	5.55	3.51	4.23	33.9	44.6	6.9
FCF per share	-0.05	0.08	0.72	0.2	0.66	6.09	9.84	9.75
Cash per share	0.49	1.43	6.36	3.99	4.07	33.3	44.3	46.1
Capex per share	0.02	0.04	0.14	0.1	0.3	1.94	—	—

Capital allocation

Metric	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	6.41%	7.11%	6.1%	7.53%	15.9%	11.6%	—	—
Capex / operating cash flow	-54.2%	45.1%	15.2%	33.4%	32.8%	24.8%	—	—
Payout ratio	—	—	0%	0%	51.2%	0%	20.6%	12.2%
Dividend yield	—	—	—	—	1.07%	—	6.02%	3.61%

Yield

3.61%

trailing twelve months

Frequency

Annual

Last dividend

$0.51

ex-dividend Sep 28, 2026

Payout ratio

12%

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Sep 28, 2026	$0.51
Oct 8, 2025	$0.168
Dec 4, 2023	$0.18

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$2.17	$2.23	+2.8%	—	$2.4B	—
Q1 26	$1.79	$1.87	+4.5%	—	$2.1B	—
Q4 25	$1.9	$1.9	0.0%	—	$2.1B	—
Q3 25	$2.06	$2.16	+4.9%	—	$2.2B	—
Q2 25	$1.9	$2.09	+10.0%	—	$2.1B	—
Q1 25	$1.56	$1.72	+10.3%	—	$1.9B	—
Q4 24	$1.57	$1.62	+3.2%	—	$1.8B	—
Q3 24	$1.41	$1.64	+16.3%	—	$269M	—
Q2 24	$1.42	$1.57	+10.6%	—	$267.2M	—
Q1 24	$1.01	$1.18	+16.8%	—	$1.7B	—
Q4 23	$1.18	$1.39	+17.8%	—	$1.6B	—
Q3 23	$1.05	$1.59	+51.4%	—	$1.6B	—
Q2 23	$0.94	$1.26	+34.0%	—	$1.5B	—
Q1 23	$0.43	$0.54	+25.6%	—	$1.3B	—
Q4 22	—	$0.13	—	—	$1.1B	—
Q3 22	$0.51	$0.82	+60.8%	—	$1.2B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$6.08	—	—	$8.3B	—
FY24	—	$3.6	—	—	$7.4B	—
FY23	—	$2.52	—	—	$6B	—
FY22	—	$0.24	—	—	$4.5B	—
FY21	—	-$4.66

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$998.7M	$1.9B	$4.3B	$4.5B	$6B	$7.4B	$8.3B
YoY change	—	+94.7%	+119.1%	+5.92%	+31.9%	+23.6%	+12.4%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	998.7M	1.9B	4.3B	4.5B	6B	7.4B	8.3B
Cost of revenue	137.8M	240.2M	554.6M	754.9M	1.1B	1.2B	1.2B
Gross profit	860.9M	1.7B	3.7B	3.8B	4.9B	6.1B	7B
Gross margin	86.2%	87.6%	87%	83.3%	82.2%	83.1%	85.1%
Research & development	325.6M	513.4M	822M	1.2B	1.5B	1.8B	1.7B
Selling, general & administrative	1B	2.1B	3.9B	2.7B	2.8B	3.2B	2.9B
Operating expenses	1.4B	2.6B	4.7B	3.9B	4.3B	4.9B	4.6B
Operating income	-511.9M	-944.9M	-1B	-129.5M	581M	1.2B	2.5B
Operating margin	-51.3%	-48.6%	-24.3%	-2.87%	9.76%	15.9%	29.8%
Non-operating income, net	9.7M	-88K	-9.7M	20M	34.1M	34.4M	30.1M
Pretax income	-502.1M	-941.9M	-1B	117M	1.2B	1.8B	3.2B
Income tax	0	0	59.5M	9.8M	122.6M	265.6M	509.7M
Net income	-502.1M	-941.9M	-1.1B	107.2M	1.1B	1.6B	2.7B
Net margin	-50.3%	-48.4%	-25.1%	2.38%	18.5%	21.3%	32.5%
EBITDA	-464.1M	-840.9M	-844.9M	149.3M	1B	1.9B	3.3B
EPS	-1.69	-2.82	-4.66	0.24	2.52	3.6	6.08
Diluted EPS	-1.69	-2.82	-4.66	0.24	2.44	3.48	5.9

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	1.6B	1.6B	1.7B	267.2M	269M	1.8B	1.9B	2.1B	2.2B	2.1B	2.1B	2.4B
Cost of revenue	267.5M	274.8M	295.4M	44.1M	44.2M	313.7M	310.8M	307.5M	307.8M	309.1M	298.2M	312.4M
Gross profit	1.3B	1.3B	1.4B	223.1M	224.8M	1.5B	1.6B	1.8B	1.9B	1.8B	1.8B	2.1B
Gross margin	83.3%	82.6%	82.7%	83.5%	83.6%	82.8%	83.8%	85.4%	85.8%	85.1%	85.6%	87%
Research & development	414.4M	430.2M	467.6M	61.9M	65.3M	440.4M	423.6M	416M	408M	406M	423.8M	430.5M
Selling, general & administrative	676.8M	658.2M	849.7M	112.4M	113.8M	702.2M	756.7M	730.8M	760.4M	644.6M	724.2M	799.6M
Operating expenses	1.1B	1.1B	1.3B	173.1M	178.3M	1.1B	1.2B	1.1B	1.2B	1.1B	1.1B	1.2B
Operating income	261M	222.3M	103.6M	50M	46.5M	380.6M	439.8M	651.2M	687.1M	686M	623.6M	863.2M
Operating margin	16.2%	14.1%	6.08%	18.7%	17.3%	20.9%	22.9%	31%	31.8%	33%	30.1%	36%
Non-operating income, net	31.9M	-301.7M	-229K	-28K	5.2M	-2.1M	-1.2M	72K	32.6M	-1.3M	20.2M	-3.1M
Pretax income	457.6M	380.5M	259.4M	71.4M	74M	535M	588.1M	808.2M	947.6M	856.2M	1.4B	2.5B
Income tax	31.9M	49.2M	17.7M	13.2M	8.8M	90.7M	76M	97.1M	172.2M	164.5M	298.9M	550.3M
Net income	425.7M	331.2M	241.7M	58.2M	65.3M	444.2M	512.1M	711.2M	775.4M	691.8M	1.1B	1.9B
Net margin	26.5%	21%	14.2%	21.8%	24.3%	24.4%	26.6%	33.8%	35.8%	33.3%	54.4%	81%
EBITDA	261.5M	519.9M	103.6M	50M	46.5M	380.7M	440.4M	650.6M	683.3M	678.7M	622.9M	862.9M
EPS	0.98	0.76	0.56	0.94	1.06	1.02	1.16	—	1.76	1.5	2.5	4.28
Diluted EPS	0.94	0.74	0.54	0.92	1.04	1	1.16	—	1.7	1.46	2.44	4.2

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	—	—	—	—	52.7B	—	9.2B	6.2B
Enterprise value	—	—	—	—	40.1B	—	-10.6B	-2.1B
Shares outstanding	3.2B	3.2B	1.9B	3.3B	3.2B	440.9M	450.5M	450.5M

Valuation

Metric	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	—	—	—	47.9	—	3.41	9.71
P/S	—	—	—	—	8.85	—	1.11	0.71
P/B	—	—	—	—	3.92	—	0.46	2.05
EV/EBITDA	—	—	—	—	39.8	—	-3.25	-3.98
EV/Sales	—	—	—	—	6.73	—	-1.28	-1.64
Earnings yield	—	—	—	—	2.09%	—	29.3%	10.3%
FCF yield	—	—	—	—	3.97%	—	48.3%	9.84%
PEG	—	—	—	—	—	—	—	9.55

Profitability

Metric	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	86.2%	87.6%	87%	83.3%	82.2%	83.1%	85.1%	87%
Operating margin	-51.3%	-48.6%	-24.3%	-2.87%	9.76%	15.9%	29.8%	36%
Net margin	-50.3%	-48.4%	-25.1%	2.38%	18.5%	21.3%	32.5%	52.8%
ROE	30.2%	40.9%	-10%	0.92%	8.19%	10.5%	13.4%	23.9%
ROA	-26.7%	-18.5%	-7.85%	0.72%	6.13%	8.11%	11%	7.88%
ROIC	16.4%	14.1%	83.5%	9.32%	65.4%	171.8%	705.2%	709.1%
Return on tangible assets	-26.7%	-18.5%	-7.85%	0.72%	6.14%	8.34%	11%	17%

Financial health

Metric	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.69	2.76	4.65	4.56	3.07	3.6	4.66	4.19
Quick ratio	1.69	2.76	4.65	4.56	3.07	3.6	4.66	4.19
Debt / equity	-0.06	-0.06	0.03	0.03	0.02	0.02	0.01	0.01
Debt / assets	0.05	0.03	0.02	0.02	0.02	0.02	0.01	0.01
Net debt / EBITDA	3.13	5.23	14.1	-86.5	-12.5	-7.73	-6.05	-7.28
Interest coverage	-1.5K	—	—	—	—	—	—	—
Effective tax rate	0%	0%	0%	8.33%	10%	14.5%	15.9%	20.7%

Per share

Metric	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	0.32	0.62	2.22	1.36	1.88	16.7	18.4	18.9
EPS (basic)	-1.69	-2.82	-4.66	0.24	2.52	3.6	6.08	6.08
EPS (diluted)	-1.69	-2.82	-4.66	0.24	2.44	3.48	5.9	1.46
Book value per share	-0.53	-0.73	5.55	3.51	4.23	33.9	44.6	6.9
FCF per share	-0.05	0.08	0.72	0.2	0.66	6.09	9.84	9.75
Cash per share	0.49	1.43	6.36	3.99	4.07	33.3	44.3	46.1
Capex per share	0.02	0.04	0.14	0.1	0.3	1.94	—	—

Capital allocation

Metric	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	6.41%	7.11%	6.1%	7.53%	15.9%	11.6%	—	—
Capex / operating cash flow	-54.2%	45.1%	15.2%	33.4%	32.8%	24.8%	—	—
Payout ratio	—	—	0%	0%	51.2%	0%	20.6%	12.2%
Dividend yield	—	—	—	—	1.07%	—	6.02%	3.61%

Yield

3.61%

trailing twelve months

Frequency

Annual

Last dividend

$0.51

ex-dividend Sep 28, 2026

Payout ratio

12%

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Sep 28, 2026	$0.51
Oct 8, 2025	$0.168
Dec 4, 2023	$0.18

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	1.5B	4.5B	12.2B	13.2B	12.9B	14.7B	19.9B
Receivables	1.8M	7M	1M	9.9M	16.7M	40.7M	33.1M
Inventory	—	—	—	—	—	3M	2.4M
Total current assets	1.7B	4.7B	13B	13.8B	13.4B	15.1B	20.4B
Property, plant & equipment	170.6M	335.4M	678.2M	980.7M	2.1B	2B	1.4B
Goodwill & intangibles	1.3M	1.1M	916K	31.9M	27.6M	518.2M	214.9M
Total assets	1.9B	5.1B	13.6B	14.8B	17.9B	19.3B	24.6B
Accounts payable	42.6M	19.5M	33M	185.3M	629.2M	110.7M	120M
Short-term debt	57.2M	59.6M	127.5M	151.4M	155M	180.8M	94M
Total current liabilities	1B	1.7B	2.8B	3B	4.4B	4.2B	4.4B
Long-term debt	37.7M	76.4M	183.4M	143.6M	125.1M	121.3M	64M
Total liabilities	3.5B	7.4B	3B	3.2B	4.5B	4.3B	4.5B
Shareholders' equity	-1.7B	-2.3B	10.7B	11.6B	13.4B	15B	20.1B
Total debt	94.9M	135.9M	310.9M	295M	280.1M	302.1M	158M
Net debt	-312.5M	-3.9B	-11B	-9.5B	-2.2B	-2.3B	-3.9B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	—	—	—	—	—	—	—	—	19.2B	19.9B	20.5B	20.9B
Receivables	—	—	—	—	—	—	—	—	33.4M	33.1M	38.6M	53.4M
Inventory	—	—	—	—	—	—	—	—	2.5M	2.4M	2.3M	2.2M
Total current assets	—	—	—	—	—	—	—	—	19.9B	20.4B	21B	21.6B
Property, plant & equipment	—	—	—	—	—	—	—	—	1.6B	1.4B	1.3B	1.5B
Goodwill & intangibles	—	—	—	—	—	—	—	—	224.2M	214.9M	205.6M	196.3M
Total assets	—	—	—	—	—	—	—	—	24.2B	24.6B	25.6B	26.9B
Accounts payable	—	—	—	—	—	—	—	—	78.8M	120M	136.2M	315.1M
Short-term debt	—	—	—	—	—	—	—	—	104.5M	94M	68.5M	116.7M
Total current liabilities	—	—	—	—	—	—	—	—	4.8B	4.4B	4.8B	5.2B
Long-term debt	—	—	—	—	—	—	—	—	61.3M	64M	55.1M	99.4M
Total liabilities	—	—	—	—	—	—	—	—	4.9B	4.5B	5.1B	5.8B
Shareholders' equity	—	—	—	—	—	—	—	—	19.3B	20.1B	20.5B	21B
Total debt	—	—	—	—	—	—	—	—	165.8M	158M	123.6M	216.1M
Net debt	—	—	—	—	—	—	—	—	-4.5B	-3.9B	-3.2B	-2.4B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	-502.1M	-941.9M	-1.1B	107.2M	1.1B	1.6B	2.7B
Depreciation & amortization	57.5M	108M	189.4M	287.4M	427.9M	686.5M	815M
Stock-based compensation	34.3M	124.1M	417.3M	692.2M	1.1B	1.1B	912M
Change in working capital	292.1M	482.8M	677.8M	-36.3M	581.8M	60.6M	4.1M
Operating cash flow	-118.2M	306.2M	1.7B	1B	2.9B	3.5B	4.6B
Capital expenditure	-64M	-138.2M	-259.9M	-339.8M	-948.6M	-855.9M	—
Investing cash flow	-1.2B	467.3M	-601.9M	-2.8B	-9.9B	-2B	-4.5B
Dividends paid	—	—	0	0	-562.9M	0	-553M
Share repurchases	0	0	-11.6M	-918.9M	-71.8M	-1.7B	-142.8M
Financing cash flow	993.5M	2.9B	6.4B	-918.9M	-634.7M	-1.7B	1.3B
Net change in cash	-348.5M	3.7B	7.5B	-2.7B	-7.7B	-213.6M	1.3B
Free cash flow	-169.7M	257.7M	1.4B	662.9M	2.1B	2.7B	4.4B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	—	—	—	—	—	—	—	—	—	—	—	—
Depreciation & amortization	—	—	—	—	—	—	—	—	—	—	—	—
Stock-based compensation	—	—	—	—	—	—	—	—	—	—	—	—
Change in working capital	—	—	—	—	—	—	—	—	—	—	—	—
Operating cash flow	—	—	—	—	—	—	—	1.1B	1.2B	1.3B	1.2B	944.8M
Capital expenditure	—	—	—	—	—	—	—	—	—	—	—	—
Investing cash flow	—	—	—	—	—	—	—	—	—	—	—	—
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—
Share repurchases	—	—	—	—	—	—	—	—	—	—	—	—
Financing cash flow	—	—	—	—	—	—	—	—	—	—	—	—
Net change in cash	—	—	—	—	—	—	—	1.1B	1.2B	1.3B	1.2B	944.8M
Free cash flow	812.6M	-28.7M	905.5M	121.1M	114.3M	100.1M	1B	1.1B	1.2B	1.2B	1.2B	944.8M

Kanzhun Ltd ADR Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Kanzhun Ltd ADR Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement