Kanzhun Limited logo BZ - Kanzhun Limited

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 8
HOLD 1
SELL 0
STRONG
SELL
0
| PRICE TARGET: $21.71 DETAILS
HIGH: $28.00
LOW: $15.00
MEDIAN: $22.75
CONSENSUS: $21.71
UPSIDE: 57.89%
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1
Revenue
Revenue 2,056.3 2,078.5 2,163.3 2,102.4 1,923.3 1,823.6 1,911.6 1,916.7 1,703.8 1,580.2 1,606.6 1,487.6 1,277.5 1,082.3 1,178.6 1,112.3 1,137.9 1,090.7 1,211.8 1,168.2 788.5 645.1 590.1 426.5 282.6
Cost of Revenue 296.4 309.1 307.8 307.5 310.8 313.7 314.0 316.5 295.4 274.8 267.5 270.3 247.2 202.4 200.9 174.2 177.3 149.8 154.8 143.2 106.9 79.3 68.9 54.2 37.9
Gross Profit 1,759.9 1,769.4 1,855.5 1,795.0 1,612.5 1,509.9 1,597.5 1,600.2 1,408.3 1,305.4 1,339.1 1,217.3 1,030.4 879.9 977.7 938.1 960.5 940.9 1,056.9 1,025.0 681.7 565.9 521.2 372.3 244.8
Operating Expenses
R&D Expenses 421.2 406.0 408.0 416.0 423.6 440.4 464.2 443.7 467.6 430.2 414.4 365.9 333.1 294.1 290.2 307.7 290.7 198.9 209.3 250.0 163.8 152.0 139.6 117.0 104.8
SG&A Expenses 724.2 644.6 760.4 730.8 756.7 702.2 808.7 806.4 849.7 658.2 676.8 674.6 793.4 929.7 553.0 559.9 678.1 492.6 539.8 2,201.1 700.2 946.7 350.6 425.0 422.2
Other Expenses (4.4) 32.8 (0.0) (3.1) (7.6) (13.2) (5.5) (8.5) (12.6) (5.3) (13.1) 1.8 (18.8) (3.4) (3.5) (5.7) (5.0) (4.0) (3.3) (5.3) (2.3) (1.8) (3.4) (2.3) (1.4)
Operating Expenses 1,141.1 1,083.4 1,168.4 1,143.8 1,172.7 1,129.3 1,267.4 1,241.6 1,304.7 1,083.1 1,078.1 1,042.3 1,107.7 1,220.4 839.7 861.8 963.8 687.5 745.8 2,445.8 861.7 1,096.9 486.8 539.7 525.6
Operating Income
Operating Income 618.8 686.0 687.1 651.2 439.8 380.6 330.2 358.6 103.6 222.3 261.0 175.0 (77.3) (340.5) 137.9 76.3 (3.3) 253.3 311.1 (1,420.8) (180.0) (531.0) 34.4 (167.5) (280.9)
Interest Expense 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 776.2 171.5 228.0 157.0 149.5 156.5 158.9 153.8 156.1 459.9 164.7 151.3 127.4 83.3 53.8 20.5 3.7 3.0 2.7 2.1 2.0 2.3 0.5 0.1 0.4
Profitability
EBITDA 618.8 686.0 687.1 651.2 439.8 380.6 330.2 358.6 103.6 222.3 261.0 175.0 (77.3) (340.5) 137.9 76.3 (3.3) 253.3 311.1 (1,420.8) (162.9) (528.0) 34.4 (167.5) (259.4)
EBIT 618.8 686.0 687.1 651.2 439.8 380.6 330.2 358.6 103.6 222.3 261.0 175.0 (77.3) (340.5) 137.9 76.3 (3.3) 253.3 311.1 (1,420.8) (180.0) (528.0) 34.4 (167.5) (280.9)
Income Before Tax 1,416.1 856.2 947.6 808.2 588.1 535.0 526.0 512.2 259.4 380.5 457.6 329.1 54.6 (216.9) 239.5 94.0 0.4 262.5 316.2 (1,414.1) (176.2) (529.5) 33.8 (167.4) (278.8)
Income Tax Expense 297.1 164.5 172.2 97.1 76.0 90.7 62.2 95.0 17.7 49.2 31.9 19.5 22.0 (32.1) 27.8 1.6 12.6 29.5 30.1 0 0 0 0 0 0
Net Income 1,149.7 694.2 806.6 722.4 512.1 449.6 468.4 421.7 245.0 331.2 425.7 309.6 32.7 (184.8) 211.7 92.5 (12.2) 233.1 286.2 (1,414.1) (176.2) (529.5) 33.8 (167.4) (278.8)
Per Share Data
EPS (Basic) 2.48 1.46 1.76 1.66 1.19 1.00 1.06 0.95 0.56 0.76 0.98 0.72 0.08 -0.43 0.49 0.20 -0.03 0.54 0.66 -3.40 -0.44 -1.49 0.08 -0.38 -0.78
EPS (Diluted) 2.40 1.40 1.70 1.61 1.16 1.00 1.04 0.91 0.54 0.74 0.94 0.68 0.07 -0.43 0.46 0.20 -0.03 0.50 0.62 -3.27 -0.44 -1.49 0.07 -0.37 -0.78
Shares Outstanding 463.8 464.5 460.6 435.5 435.5 449.4 450.4 444.5 440.4 438.1 435.2 434.3 433.0 432.3 436.2 457.9 434.8 431.8 430.7 415.3 400.0 356.2 436.2 436.2 356.2
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q1
Current Assets
Cash & Cash Equivalents 3,339.3 4,107.5 4,698.1 3,159.5 2,790.4 2,553.1 2,816.2 3,472.4 2,747.2 2,473.0 2,444.6 2,740.8 6,254.6 9,751.8 11,158.8 12,174.1 11,356.7 11,341.8 10,756.4 11,089.0 4,101.3 3,998.2 (1,573.8)
Short-Term Investments 17,081.9 15,850.5 14,516.3 12,862.3 11,994.7 12,128.0 11,783.3 10,809.5 9,154.4 10,436.7 10,354.6 10,050.1 7,201.5 3,458.1 2,764.4 812.2 1,068.5 885.0 1,184.8 619.7 550.3 536.4 3,147.7
Net Receivables 47.7 186.4 42.2 314.3 48.0 205.0 38.2 35.5 25.6 16.7 16.5 210.1 24.4 212.6 14.6 305.8 10.5 411.7 7.7 11.7 135.5 121.9 0
Inventory 2.3 2.4 2.5 2.7 2.9 3.0 2.9 2.8 2.6 206.2 0 186.4 0 0 0 202.8 0 0 0 0 151.3 89.4 0
Other Current Assets 438.2 221.5 0 53.2 0 32.0 506.6 535.5 684.9 34.3 641.6 65.2 0 42.0 0 23.5 0 19.9 0 0 3.3 5.6 0
Total Current Assets 20,909.4 20,368.3 19,938.5 16,627.9 15,681.0 15,100.4 15,147.1 14,855.7 12,614.8 13,373.0 13,457.2 13,252.5 13,956.6 13,826.3 14,486.9 13,518.5 13,018.7 12,959.0 12,551.5 11,983.7 4,941.7 4,747.3 1,573.8
Non-Current Assets
Property, Plant & Equipment 1,271.7 1,407.4 1,590.9 1,708.6 1,850.3 2,036.6 2,162.3 2,318.5 2,238.1 2,076.1 1,442.6 1,159.2 1,028.9 980.7 861.3 849.7 711.6 678.2 530.3 421.1 375.6 335.4 0
Goodwill 6.5 6.5 6.5 6.5 6.5 6.5 6.5 6.5 6.5 5.7 5.7 5.7 5.7 5.7 0 0 0 0 0 0 0 0 0
Intangible Assets 95.9 100.9 105.6 234.4 243.5 252.6 261.7 270.8 279.9 8.1 8.6 9.2 9.7 10.3 0.4 0.4 0.4 0.5 0.5 0.5 0.5 0.5 0
Long-Term Investments 3,183.6 1,899.4 2,515.0 2,606.5 2,606.5 1,914.5 1,235.8 1,713.4 3,577.9 2,473.1 2,405.5 1,952.2 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 51.9 783.0 0 0 0 0 0 0 0 4 4 4 4 4 4 4 4 4 4 4 0.6 0 (1,573.8)
Total Non-Current Assets 4,628.2 4,215.4 4,218.0 4,556.1 4,706.9 4,210.3 3,666.3 4,309.2 6,102.3 4,567.0 3,866.4 3,130.3 1,048.3 1,000.6 865.7 854.1 716.1 682.7 534.8 425.6 376.8 336.0 (1,573.8)
Total Assets 25,537.6 24,583.7 24,156.5 21,184.0 20,387.9 19,310.7 18,813.4 19,164.8 18,717.1 17,940.0 17,323.6 16,382.8 15,004.9 14,826.9 15,352.6 14,372.6 13,734.8 13,641.6 13,086.3 12,409.3 5,318.5 5,083.3 0
Current Liabilities
Account Payables 135.7 120.0 78.8 13.4 92.6 110.7 81.4 170.7 464.8 629.2 340.9 173.5 108.9 185.3 51.8 11.1 105.1 33.0 33.3 102.0 97.6 19.5 0
Short-Term Debt 68.3 94.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Revenue 3,547.3 3,238.0 3,202.9 3,401.0 3,341.5 3,175 3,071.6 3,175 3,141.0 2,867.3 2,593.9 2,629.4 2,432.9 2,119.5 2,038.7 2,026.8 2,112.2 1,958.6 1,879.7 1,870.5 1,624.1 1,225.2 0
Other Current Liabilities 1,079.4 324.9 0 0 0 240.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (2.1) 0
Total Current Liabilities 4,830.7 4,374.0 4,765.1 4,237.8 4,406.5 4,192.1 3,989.7 4,145.9 4,461.3 4,357.4 3,663.7 3,407.2 3,085.4 3,031.1 2,879.9 2,839.4 2,803.5 2,784.2 2,453.2 2,429.1 2,081.8 1,720.0 0
Non-Current Liabilities
Long-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 143.6 0 0 0 0 0 0 0 0 0
Deferred Tax Liabilities 188.1 51.7 44.9 39.8 33.9 34.5 23.5 26.4 0 28.4 0 0 0 11.4 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 0.0 0 0 0 0 0 0 0 28.7 28.4 26.1 25.8 27.1 (143.6) 0 0 0 0 0 0 5,679.3 5,587 0
Total Non-Current Liabilities 243.0 115.8 106.2 109.2 124.1 155.8 189.9 237.6 140.6 153.5 134.8 143.6 152.1 155.0 163.8 166.3 163.0 183.4 158.2 98.3 5,772.9 5,663.4 0
Total Liabilities 5,073.6 4,489.8 4,871.3 4,347.0 4,530.7 4,347.9 4,179.7 4,383.5 4,602.0 4,510.9 3,798.5 3,550.8 3,237.5 3,186.1 3,043.7 3,005.8 2,966.5 2,967.6 2,611.4 2,527.4 7,854.7 7,383.4 0
Stockholders' Equity
Common Stock 0 0.6 0 0 0.6 0.6 0 0.6 14,115.1 0.6 13,525.1 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.5 0.5 0.1 0.1 0
Retained Earnings 0 1,224.2 0 0 (384.5) (902.6) 0 0 0 (2,492.3) 0 (3,244.2) (3,553.8) (3,586.5) (3,401.1) (3,612.8) (3,705.3) (3,693.1) (3,926.2) (4,212.4) (2,798.2) (2,622.0) 0
Accumulated Other Comprehensive Income 0 894.8 0 0 1,040.3 1,054.6 0 0 0 898.8 0 1,099.0 555.3 695.2 895.7 281.2 (302.0) (257.8) (82.1) (122.5) (104.4) (130.4) (1,660.9)
Total Stockholders' Equity 20,464.0 20,093.8 19,195.9 16,747.6 15,761.7 14,867.4 14,633.8 14,781.4 14,115.1 13,429.2 13,525.1 12,832.0 11,767.4 11,640.8 12,308.9 11,366.9 10,768.3 10,674.1 10,474.9 9,881.9 (2,536.2) (2,300.1) 833.5
Total Liabilities & Equity 25,537.6 24,583.7 24,067.2 21,094.6 20,292.4 19,310.7 18,813.4 19,164.9 18,717.1 17,940.0 17,323.6 16,382.8 15,004.9 14,826.9 15,352.6 14,372.6 13,734.8 13,641.6 13,086.3 12,409.3 5,318.5 5,083.3 833.5
Debt Metrics
Total Debt 123.1 158.1 165.8 199.5 241.1 302.1 358.5 396.9 257.0 280.1 244.9 266.7 275.4 295.0 314.3 312.4 291.9 310.9 258.2 181.9 155.3 135.9 0
Net Debt (3,216.2) (3,949.4) (4,532.2) (2,960.0) (2,549.3) (2,251.0) (2,457.6) (3,075.5) (2,490.1) (2,192.9) (2,199.7) (2,474.1) (5,979.2) (9,456.8) (10,844.4) (11,861.7) (11,064.8) (11,030.9) (10,498.1) (10,907.1) (3,946.0) (3,862.3) 1,573.8
Metric 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1
Operating Activities
Net Income 649.3 806.6 716.4 518.1 449.6 468.4 421.7 245.0 331.2 425.7 309.6 32.7 (184.8) 211.7 92.5 (12.2) 233.1 286.2 (1,414.1) (176.2) (529.5) 33.8 (167.4) (278.8)
Depreciation & Amortization 991.4 0 (176.4) 0 686.5 0 (160.9) 0 427.9 0 0 0 287.4 0 0 0 151.1 0 78.6 38.4 108.0 0 0 21.4
Stock-Based Compensation 214.1 216.4 229.7 251.8 278.2 275.1 301.4 289.0 297.4 288.4 258.9 212.3 244.2 164.9 149.8 133.2 368.6 98.9 1,660.6 48.7 598.5 18.5 24.0 16.3
Change in Working Capital 162.8 0 265.6 (265.6) (114.4) 0 304.3 (304.3) (20.2) 0 0 0 (153.5) 0 0 0 (254.9) 0 (92.5) 254.9 4.4 0 0 (39.3)
Other Non-Cash Items (673.2) 150.8 16.6 498.8 (343.7) 68.9 2.0 675.9 (109.5) 98.5 195.2 299.0 (37.8) (10.1) (55.4) 173.0 301.8 (115.2) 438.7 (0.4) 270.9 184.8 129.2 1.1
Operating Cash Flow 1,323.6 1,173.8 1,051.9 1,003.1 956.1 812.3 868.6 905.5 926.8 812.6 763.7 543.9 155.5 366.6 186.9 294.0 534.9 269.9 671.2 165.3 452.4 237.1 (14.2) (279.3)
Investing Activities
Capital Expenditure (119.1) 0 36.5 (36.5) (856.0) 0 (325.5) (433.6) (955.5) 0 0 0 (340.1) 0 0 0 (198.4) 0 (81.4) (61.5) (138.2) 0 0 (23.7)
Acquisitions 0 0 0 0 0 0 0 0 (0.1) 0 0 0 (9.9) 0 0 0 525.4 0 0 0 0 0 0 0
Purchases of Investments (29,140.1) 0 0 0 0 0 0 0 0 0 0 0 (5,213.1) 0 0 0 (3,370) 0 0 (570) 0 0 0 (1,093.4)
Sales/Maturities of Investments 24,600.4 0 0 0 0 0 0 0 0 0 0 0 2,746.2 0 0 0 3,043 0 0 555 0 0 0 2,187.5
Other Investing Activities 3,257.4 (1,667.0) (861.0) (678.8) (723.1) (698) (72.3) (523.5) 466.1 (1,058.8) (4,427.6) (3,962.8) 2,091.4 (1,993.2) 145.6 (243.5) 203.9 (638.4) (9.5) 0.0 (192.1) (260.5) (12.3) 0
Investing Cash Flow (1,437.9) (1,667.0) (824.5) (678.8) (723.1) (698) (72.3) (523.5) (489.5) (1,058.8) (4,427.6) (3,962.8) (725.5) (1,993.2) 145.6 (243.5) 203.9 (638.4) (90.9) (76.5) (330.3) (260.5) (12.3) 1,070.4
Financing Activities
Net Debt Issuance 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Stock Repurchased (42.0) 0 (7.4) (93.4) (1,651.9) 0 (9.2) (113.8) (71.8) 0 0 0 (918.9) 0 0 0 (11.6) 0 (11.6) (11.6) 0 0 0 0
Dividends Paid (553.0) 0 0 0 0 0 0 0 (562.9) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (2,211.8) 2,052.7 151.7 7.4 1,131.5 (753.8) (72.7) 9.2 192.6 (43.8) 23.2 45.8 290.9 46.5 (96.9) 9.1 33.0 (2.4) 6,424.4 (0.6) 1,754.4 79.0 0 0
Financing Cash Flow (456.5) 2,052.7 144.3 (86.0) (520.4) (753.8) (81.8) (104.6) (442.2) (43.8) 23.2 45.8 (628.0) 46.5 (96.9) 9.1 21.4 (2.4) 6,424.4 (12.2) 1,754.4 79.0 0 1,048.7
Cash Position
Net Change in Cash (593.2) 1,538.6 369.1 237.3 (263.1) (656.2) 725.2 274.2 28.3 (296.1) (3,513.8) (3,497.3) (1,406.9) (1,015.3) 817.4 14.9 585.4 (332.6) 6,987.7 103.1 1,777.3 (27.2) (28.1) 1,868.8
Cash at Beginning 4,698.1 3,159.5 2,790.4 2,553.1 2,816.2 3,472.4 2,747.2 2,473.0 2,444.6 2,740.8 6,254.6 9,751.8 11,158.8 12,174.1 11,356.7 11,341.8 10,756.4 11,089.0 4,101.3 3,998.2 2,220.9 2,248.1 2,276.2 407.4
Cash at End 4,104.9 4,698.1 3,159.5 2,790.4 2,553.1 2,816.2 3,472.4 2,747.2 2,473.0 2,444.6 2,740.8 6,254.6 9,751.8 11,158.8 12,174.1 11,356.7 11,341.8 10,756.4 11,089.0 4,101.3 3,998.2 2,220.9 2,248.1 2,276.2
Free Cash Flow 1,204.4 1,173.8 1,088.4 966.6 100.1 812.3 543.0 472.0 (28.7) 812.6 763.7 543.9 (184.6) 366.6 186.9 294.0 336.5 269.9 589.8 103.8 314.2 237.1 (14.2) (303.1)
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1
Income Statement
Revenue 2,056.3 2,078.5 2,163.3 2,102.4 1,923.3 1,823.6 1,911.6 1,916.7 1,703.8 1,580.2 1,606.6 1,487.6 1,277.5 1,082.3 1,178.6 1,112.3 1,137.9 1,090.7 1,211.8 1,168.2 788.5 645.1 590.1 426.5 282.6
Gross Profit 1,759.9 1,769.4 1,855.5 1,795.0 1,612.5 1,509.9 1,597.5 1,600.2 1,408.3 1,305.4 1,339.1 1,217.3 1,030.4 879.9 977.7 938.1 960.5 940.9 1,056.9 1,025.0 681.7 565.9 521.2 372.3 244.8
Operating Income 618.8 686.0 687.1 651.2 439.8 380.6 330.2 358.6 103.6 222.3 261.0 175.0 (77.3) (340.5) 137.9 76.3 (3.3) 253.3 311.1 (1,420.8) (180.0) (531.0) 34.4 (167.5) (280.9)
Net Income 1,149.7 694.2 806.6 722.4 512.1 449.6 468.4 421.7 245.0 331.2 425.7 309.6 32.7 (184.8) 211.7 92.5 (12.2) 233.1 286.2 (1,414.1) (176.2) (529.5) 33.8 (167.4) (278.8)
EPS (Diluted) 2.40 1.40 1.70 1.61 1.16 1.00 1.04 0.91 0.54 0.74 0.94 0.68 0.07 -0.43 0.46 0.20 -0.03 0.50 0.62 -3.27 -0.44 -1.49 0.07 -0.37 -0.78
Balance Sheet
Cash & Equivalents 3,339.3 4,107.5 4,698.1 3,159.5 2,790.4 2,553.1 2,816.2 3,472.4 2,747.2 2,473.0 2,444.6 2,740.8 6,254.6 9,751.8 11,158.8 12,174.1 11,356.7 11,341.8 10,756.4 11,089.0 4,101.3 3,998.2 (1,573.8)
Total Assets 25,537.6 24,583.7 24,156.5 21,184.0 20,387.9 19,310.7 18,813.4 19,164.8 18,717.1 17,940.0 17,323.6 16,382.8 15,004.9 14,826.9 15,352.6 14,372.6 13,734.8 13,641.6 13,086.3 12,409.3 5,318.5 5,083.3 0
Total Debt 123.1 158.1 165.8 199.5 241.1 302.1 358.5 396.9 257.0 280.1 244.9 266.7 275.4 295.0 314.3 312.4 291.9 310.9 258.2 181.9 155.3 135.9 0
Stockholders' Equity 20,464.0 20,093.8 19,195.9 16,747.6 15,761.7 14,867.4 14,633.8 14,781.4 14,115.1 13,429.2 13,525.1 12,832.0 11,767.4 11,640.8 12,308.9 11,366.9 10,768.3 10,674.1 10,474.9 9,881.9 (2,536.2) (2,300.1) 833.5
Cash Flow
Operating Cash Flow 1,323.6 1,173.8 1,051.9 1,003.1 956.1 812.3 868.6 905.5 926.8 812.6 763.7 543.9 155.5 366.6 186.9 294.0 534.9 269.9 671.2 165.3 452.4 237.1 (14.2) (279.3)
Capital Expenditure (119.1) 0 36.5 (36.5) (856.0) 0 (325.5) (433.6) (955.5) 0 0 0 (340.1) 0 0 0 (198.4) 0 (81.4) (61.5) (138.2) 0 0 (23.7)
Free Cash Flow 1,204.4 1,173.8 1,088.4 966.6 100.1 812.3 543.0 472.0 (28.7) 812.6 763.7 543.9 (184.6) 366.6 186.9 294.0 336.5 269.9 589.8 103.8 314.2 237.1 (14.2) (303.1)