KANZHUN LIMITED (BZ) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Apr 29, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the BZ SEC filings page.
KANZHUN LIMITED (BZ) reported $1.2B in revenue for fiscal year 2025, up 17.3% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Kanzhun has shifted from near break-even operations to a high-margin, cash-generative model while keeping liabilities modest relative to assets.
Cash conversion is unusually strong: FY2025 operating cash flow reached$651M versus free cash flow of$634M , showing that accounting earnings are translating into cash with little capital-expenditure drag. Capital expenditures were only$17M , while investing activities used$659M ; the distinction suggests the core business generates cash, but substantial funds are being redeployed outside routine operations.
Revenue expanded
At FY2025 year-end, liabilities were
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of KANZHUN LIMITED's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
KANZHUN LIMITED has an operating margin of 29.8%, meaning the company retains $30 of operating profit per $100 of revenue. This strong profitability earns a score of 66/100, reflecting efficient cost management and pricing power. This is up from 16.0% the prior year.
KANZHUN LIMITED's revenue surged 17.3% year-over-year to $1.2B, reflecting rapid business expansion. This strong growth earns a score of 81/100.
KANZHUN LIMITED carries a low D/E ratio of 0.22, meaning only $0.22 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 74/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 4.66, KANZHUN LIMITED holds $4.66 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 91/100.
KANZHUN LIMITED converts 53.6% of revenue into free cash flow ($633.9M). This strong cash generation earns a score of 98/100.
KANZHUN LIMITED's ROE of 13.7% shows moderate profitability relative to equity, earning a score of 48/100. This is up from 10.5% the prior year.
KANZHUN LIMITED scores 7.96, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($6.9B) relative to total liabilities ($641.6M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
KANZHUN LIMITED passes 6 of 7 computable financial strength tests (2 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 1 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, KANZHUN LIMITED generates $1.66 in operating cash flow ($651.0M OCF vs $391.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2025.
Cash & Balance Sheet
KANZHUN LIMITED held $587.0M in cash as of Q4 2025; long-term debt is not reported for that period.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
BZ Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
BZ Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2520-F | Q4'2410-K | Q4'2310-K | Q4'2210-K | Q4'2110-K |
|---|---|---|---|---|---|
| Total Assets | $3.5B+32.8% | $2.6B+4.7% | $2.5B+17.5% | $2.1B+0.4% | $2.1B |
| Current Assets | $2.9B+40.7% | $2.1B+9.8% | $1.9B-6.0% | $2.0B-1.4% | $2.0B |
| Cash & Equivalents | $587.0M+67.8% | $349.8M+0.4% | $348.3M-75.4% | $1.4B-20.6% | $1.8B |
| Short-Term Investments | $1.4B+48.6% | $909.6M+83.8% | $494.9M-1.3% | $501.4M+261.0% | $138.9M |
| Inventory | $342K-18.0% | $417K | N/A | N/A | N/A |
| Accounts Receivable | $4.7M-15.0% | $5.6M+136.8% | $2.4M+64.8% | $1.4M+810.8% | $157K |
| Long-Term Investments | $271.4M+3.5% | $262.3M-24.7% | $348.3M | $0 | $0 |
| Goodwill | $934K+4.5% | $894K+11.6% | $801K-2.9% | $825K | N/A |
| Total Liabilities | $641.6M+7.7% | $595.7M-6.2% | $635.3M+37.5% | $461.9M-0.8% | $465.7M |
| Current Liabilities | $625.1M+8.8% | $574.3M-6.4% | $613.7M+39.7% | $439.5M+0.6% | $436.9M |
| Non-Current Liabilities | $16.5M-22.5% | $21.3M-1.3% | $21.6M-3.8% | $22.5M-21.9% | $28.8M |
| Total Equity | $2.9B+40.6% | $2.0B+7.7% | $1.9B+12.1% | $1.7B+0.8% | $1.7B |
| Retained Earnings | $175.1M+239.3% | -$125.7M+64.2% | -$351.0M+32.5% | -$520.0M+10.3% | -$579.5M |
Not reported in any period shown, so not listed: Long-Term Debt.
BZ Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
BZ Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| KANZHUN LIMITED BZ | FY2025 | $1.2B | $391.1M | 33.1% | $6.9B | 76/100 |
| Snap Inc. SNAP | FY2025 | $5.9B | -$460.5M | -7.8% | $10.5B | 50/100 |
| Bilibili Inc. BILI | FY2025 | $4.3B | $170.7M | 3.9% | $6.4B | 58/100 |
| Nebius Group N.V. NBIS | FY2025 | $529.8M | $82.5M | 15.6% | $60.1B | 61/100 |
| Zillow Group, Inc. Z | FY2025 | $2.6B | $23.0M | 0.9% | $6.5B | 57/100 |
| ZILLOW GROUP INC ZG | FY2025 | $2.6B | $23.0M | 0.9% | $6.7B | 57/100 |
Where KANZHUN LIMITED Ranks
Frequently Asked Questions
What is KANZHUN LIMITED's annual revenue?
KANZHUN LIMITED (BZ) reported $1.2B in total revenue for fiscal year 2025. This represents a 17.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is KANZHUN LIMITED's revenue growing?
KANZHUN LIMITED (BZ) revenue grew by 17.3% year-over-year, from $1.0B to $1.2B in fiscal year 2025.
Is KANZHUN LIMITED profitable?
Yes, KANZHUN LIMITED (BZ) reported a net income of $391.1M in fiscal year 2025, with a net profit margin of 33.1%.
What is KANZHUN LIMITED's EBITDA?
KANZHUN LIMITED (BZ) had EBITDA of $426.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is KANZHUN LIMITED's gross margin?
KANZHUN LIMITED (BZ) had a gross margin of 85.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is KANZHUN LIMITED's operating margin?
KANZHUN LIMITED (BZ) had an operating margin of 29.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is KANZHUN LIMITED's net profit margin?
KANZHUN LIMITED (BZ) had a net profit margin of 33.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is KANZHUN LIMITED's return on equity (ROE)?
KANZHUN LIMITED (BZ) has a return on equity of 13.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is KANZHUN LIMITED's free cash flow?
KANZHUN LIMITED (BZ) generated $633.9M in free cash flow during fiscal year 2025. This represents a 72.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is KANZHUN LIMITED's operating cash flow?
KANZHUN LIMITED (BZ) generated $651.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are KANZHUN LIMITED's total assets?
KANZHUN LIMITED (BZ) had $3.5B in total assets as of fiscal year 2025, including both current and long-term assets.
What are KANZHUN LIMITED's capital expenditures?
KANZHUN LIMITED (BZ) invested $17.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does KANZHUN LIMITED spend on research and development?
KANZHUN LIMITED (BZ) invested $236.5M in research and development during fiscal year 2025.
What is KANZHUN LIMITED's current ratio?
KANZHUN LIMITED (BZ) had a current ratio of 4.66 as of fiscal year 2025, which is generally considered healthy.
What is KANZHUN LIMITED's debt-to-equity ratio?
KANZHUN LIMITED (BZ) had a debt-to-equity ratio of 0.22 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is KANZHUN LIMITED's return on assets (ROA)?
KANZHUN LIMITED (BZ) had a return on assets of 11.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is KANZHUN LIMITED's P/E ratio?
KANZHUN LIMITED (BZ) trades at 17.6x earnings, its market capitalization divided by net income of $391.1M net income, FY2025. The market capitalization is $6.9B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is KANZHUN LIMITED's price-to-sales ratio?
KANZHUN LIMITED (BZ) trades at 5.8x sales, its market capitalization divided by revenue of $1.2B revenue, FY2025. The market capitalization is $6.9B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is KANZHUN LIMITED's Altman Z-Score?
KANZHUN LIMITED (BZ) has an Altman Z-Score of 7.96, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is KANZHUN LIMITED's Piotroski F-Score?
KANZHUN LIMITED (BZ) has a Piotroski F-Score of 6 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are KANZHUN LIMITED's earnings high quality?
KANZHUN LIMITED (BZ) has an earnings quality ratio of 1.66x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is KANZHUN LIMITED?
KANZHUN LIMITED (BZ) scores 76 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.