KANZHUN LIMITED Announces Second Quarter 2026 Financial Results
Rhea-AI Summary
Kanzhun (Nasdaq: BZ; HKEX: 2076) reported second quarter 2026 revenues of RMB2,398.6 million, up 14.1% year-on-year, driven mainly by online recruitment revenues of RMB2,384.0 million, up 14.7%. Paid enterprise customers over the past 12 months rose 10.8% to 7.2 million, and average quarterly MAUs increased 10.4% to 70.2 million.
Income from operations reached RMB863.2 million, up 32.6%, with operating margin expanding 5 percentage points. Net income surged 173.1% to RMB1,942.3 million, helped by RMB1,466.1 million investment gains, while adjusted net income grew 9.4% to RMB1,029.2 million. Operating cash flow was RMB944.8 million, down 10.2%.
The board approved an annual cash dividend of US$0.510 per ADS (about US$230 million) funded from surplus cash. As of June 30, 2026, cash, time deposits and short-term investments (excluding equity securities) totaled RMB18,807.2 million. For Q3 2026, Kanzhun guides revenues to RMB2.41–2.50 billion, implying 11.4%–15.6% year-on-year growth.
Positive
- Revenue growth 14.1% YoY to RMB2,398.6 million in Q2 2026
- Income from operations up 32.6% YoY to RMB863.2 million; margin +5 ppt
- Adjusted net income up 9.4% YoY to RMB1,029.2 million
- Net income up 173.1% YoY to RMB1,942.3 million, boosted by investment gains
- Strong cash balance RMB18,807.2 million as of June 30, 2026
- Shareholder returns ~US$230 million dividend plus buybacks under US$400 million program
- User metrics MAUs 70.2 million and paid enterprise customers 7.2 million, both >10% YoY growth
- Q3 2026 guidance revenue RMB2.41–2.50 billion, +11.4%–15.6% YoY
Negative
- Other services revenue fell to RMB14.6 million from RMB24.8 million YoY
- Sales and marketing expenses up 38.3% YoY to RMB580.9 million, partly due to FIFA World Cup
- Net cash from operating activities down 10.2% YoY to RMB944.8 million
- Income tax expenses increased to RMB550.3 million from RMB97.1 million YoY, including Pillar Two top-up tax
News Explained
The approved US$230 million dividend now has September 28 record dates and October payment dates; the US$400 million buyback figure is an authorization ceiling.
For existing holders, the release confirms an approved annual cash dividend of approximately
Dividend eligibility is tied to a
The company separately reports that more than
Market Reaction – BZ
Following this news, BZ has gained 1.68%, reflecting a mild positive market reaction. Our momentum scanner has triggered 2 alerts so far, indicating moderate trading interest and price volatility. The stock is currently trading at $15.70. Trading volume is exceptionally heavy at 45.3x the average, suggesting very strong buying interest.
Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.
Key Figures
Previous Earnings Reports
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| May 20 | Q1 earnings | Positive | -0.3% | Revenue and earnings increased, but the release preceded a negative 0.28% reaction. |
| Mar 18 | Q4/FY earnings | Positive | -5.9% | Revenue and operating income increased, but the release preceded a 5.91% decline. |
| Nov 18 | Q3 earnings | Positive | +1.3% | Revenue and profitability improved, and the release preceded a 1.32% gain. |
| Aug 20 | Q2 earnings | Positive | +4.8% | Revenue and net income increased, with shareholder initiatives accompanying a 4.79% gain. |
| Mar 11 | Q4/FY earnings | Positive | +4.9% | Revenue and net income increased, and the release preceded a 4.94% gain. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Tag-matched earnings events showed both outcomes: three aligned positively with price reactions, while two diverged.
Key Terms
non-gaap financial measures financial
ads financial
pillar two rules regulatory
operating leverage financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
BEIJING, Aug. 25, 2026 (GLOBE NEWSWIRE) -- KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HKEX: 2076), a leading online recruitment platform in China, today announced its unaudited financial results for the quarter ended June 30, 2026.
Second Quarter 2026 Highlights
- Total paid enterprise customers1 in the twelve months ended June 30, 2026 were 7.2 million, an increase of
10.8% from 6.5 million in the twelve months ended June 30, 2025. - Average monthly active users2 for the second quarter of 2026 were 70.2 million, an increase of
10.4% from 63.6 million for the same quarter of 2025. - Revenues for the second quarter of 2026 were RMB2,398.6 million (US
$353.5 million ), an increase of14.1% from RMB2,102.4 million for the same quarter of 2025. - Income from operations for the second quarter of 2026 was RMB863.2 million (US
$127.2 million ), an increase of32.6% from RMB651.2 million for the same quarter of 2025. Adjusted3 income from operations for the second quarter of 2026 was RMB1,049.7 million (US$154.7 million ), an increase of19.2% from RMB880.9 million for the same quarter of 2025. - Net income for the second quarter of 2026 was RMB1,942.3 million (US
$286.3 million ), an increase of173.1% from RMB711.2 million for the same quarter of 2025. Adjusted net income for the second quarter of 2026 was RMB1,029.2 million (US$151.7 million ), an increase of9.4% from RMB940.9 million for the same quarter of 2025.
Mr. Jonathan Peng Zhao, Founder, Chairman and Chief Executive Officer of the Company, remarked, “We are delighted to report that the Company continued to deliver strong sets of financials for the quarter, with both revenue and profit growth accelerating. Multiple operating metrics reached record highs in the second quarter, with average monthly active users on the BOSS Zhipin app surpassing 70 million for the first time, further reinforcing the Company’s industry-leading position and competitive moat.
We are continuing to invest firmly in our Artificial Intelligence (AI) foundation model capabilities, while advancing the rollout of AI across both our user-facing and commercial products. We have applied AI to improve job-seeking and recruitment efficiency and matching accuracy, and we have also extended these capabilities across the full recruitment process, including AI-hosted or AI-assisted chats and AI interviews. These initiatives have received positive user feedback, and our initial commercialization efforts point to substantial market potential.
At the same time, we place great importance on delivering value to our shareholders. The Company has declared an annual dividend of approximately US
Ms. Wenbei Wang, Deputy Chief Financial Officer of the Company, added, “The Company continued to deliver a high-quality growth in the second quarter, with revenue up
We remain firmly committed to shareholder returns, with healthy cash flow and ample cash reserves supporting our share buyback and dividend arrangements.”
________________________
1 Paid enterprise customers are defined as enterprise users and company accounts from which the Company recognizes revenues for online recruitment services.
2 Monthly active users refer to the number of verified user accounts, including both job seekers and enterprise users, that logged on to the Company’s mobile application in a given month at least once.
3 It is a non-GAAP financial measure. For more information about non-GAAP financial measures, please see the sections entitled “Non-GAAP Financial Measures” and “Unaudited Reconciliation of GAAP and Non-GAAP Results.”
Second Quarter 2026 Financial Results
Revenues
Revenues were RMB2,398.6 million (US
- Revenues from online recruitment services to enterprise customers were RMB2,384.0 million (US
$351.4 million ) for the second quarter of 2026, representing an increase of14.7% from RMB2,077.6 million for the same quarter of 2025. This increase was mainly driven by the paid enterprise customer growth. - Revenues from other services, primarily comprising paid value-added services offered to job seekers, were RMB14.6 million (US
$2.2 million ) for the second quarter of 2026, decreasing from RMB24.8 million for the same quarter of 2025. The decrease was mainly driven by the optimization of certain value-added features for job seekers since the third quarter of 2025. The Company simplified these offerings to enhance the value proposition for job seekers, prioritizing platform engagement and long-term ecosystem growth.
Operating cost and expenses
Total operating cost and expenses were RMB1,542.5 million (US
- Cost of revenues was RMB312.4 million (US
$46.0 million ) for the second quarter of 2026, representing an increase of1.6% from RMB307.5 million for the same quarter of 2025, primarily due to an increase in server and bandwidth cost, partially offset by decreases in payment processing cost and share-based compensation expenses. - Sales and marketing expenses were RMB580.9 million (US
$85.6 million ) for the second quarter of 2026, representing an increase of38.3% from RMB419.9 million for the same quarter of 2025, primarily driven by higher advertising and marketing expenses incurred mainly for the 2026 FIFA World Cup campaigns, as well as an increase in sales employee-related expenses. - Research and development expenses were RMB430.5 million (US
$63.5 million ) for the second quarter of 2026, representing an increase of3.5% from RMB416.0 million for the same quarter of 2025, primarily due to an increase in cloud service fees. - General and administrative expenses were RMB218.6 million (US
$32.2 million ) for the second quarter of 2026, representing a decrease of29.7% from RMB311.0 million for the same quarter of 2025, primarily due to a decrease in employee-related expenses.
Income from operations and adjusted income from operations
Income from operations was RMB863.2 million (US
Adjusted income from operations was RMB1,049.7 million (US
Interest and investment income, net
Interest and investment income was RMB1,632.5 million (US
Income tax expenses
Income tax expenses were RMB550.3 million (US
Net income and adjusted net income
Net income was RMB1,942.3 million (US
Adjusted net income was RMB1,029.2 million (US
Net income per American depositary share (“ADS”) and adjusted net income per ADS
Basic and diluted net income per ADS attributable to ordinary shareholders for the second quarter of 2026 were RMB4.28 (US
Adjusted basic and diluted net income per ADS attributable to ordinary shareholders for the second quarter of 2026 were RMB2.27 (US
Net cash provided by operating activities
Net cash provided by operating activities was RMB944.8 million (US
Cash position
As of June 30, 2026, the balance of cash and cash equivalents, short-term time deposits and short-term investments (excluding investments in equity securities) was RMB18,807.2 million (US
Declaration of Annual Cash Dividend
Under the Company’s annual dividend policy, the Company’s board of directors (the “Board”) has approved an annual cash dividend (the “Dividend”) of US
For holders of ordinary shares, in order to qualify for the Dividend, all valid documents for the transfer of shares accompanied by the relevant share certificates must be lodged for registration with the Company’s Hong Kong branch share registrar, Computershare Hong Kong Investor Services Limited, at Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong Kong no later than 4:30 p.m. on September 28, 2026 (Beijing/Hong Kong Time). Dividend to be paid to the Company’s ADS holders through the depositary bank will be subject to the terms of the deposit agreement. The payment date is expected to be on October 6, 2026 for holders of ordinary shares and on or around October 14, 2026 for holders of ADSs.
Shareholder Return Plan
On March 18, 2026, the Company announced that, subject to the final determination of the Board and the prevailing market conditions, the Company expects to allocate no less than
In addition, on March 18, 2026, the Board approved amendments to the existing share repurchase program, increasing the total authorization under the program to repurchase up to US
Outlook
For the third quarter of 2026, the Company currently expects its total revenues to be between RMB2.41 billion and RMB2.50 billion, representing a year-on-year increase of
Conference Call Information
The Company will host a conference call at 8:00 AM U.S. Eastern Time on Tuesday, August 25, 2026 (8:00 PM Beijing Time on Tuesday, August 25, 2026) to discuss the financial results.
Participants are required to pre-register for the conference call at:
https://register-conf.media-server.com/register/BI270c41bec5db48968b0cb374ee844028
Upon registration, participants will receive an email containing participant dial-in numbers and a unique personal PIN. This information will allow you to gain immediate access to the call. Participants may pre-register at any time, including up to and after the call start time.
Additionally, a live and archived webcast of the conference call will be available on the Company's investor relations website at https://ir.zhipin.com.
Exchange Rate
This press release contains translations of certain RMB amounts into U.S. dollar (“US$”) amounts at specified rates solely for the convenience of the reader. Unless otherwise stated, all translations from RMB to US$ were made at the exchange rate of RMB6.7851 to US
Non-GAAP Financial Measures
In evaluating the business, the Company considers and uses non-GAAP financial measures, such as adjusted income from operations, adjusted net income, adjusted net income attributable to ordinary shareholders, adjusted basic and diluted net income per ordinary share attributable to ordinary shareholders and adjusted basic and diluted net income per ADS attributable to ordinary shareholders as supplemental measures to review and assess operating performance. The Company defines these non-GAAP financial measures by excluding the impact of share-based compensation expenses and net gains from investments in an investee company from the related GAAP financial measures. The Company believes that these non-GAAP financial measures help identify underlying trends in the business and facilitate investors’ assessment of the Company’s operating performance.
The non-GAAP financial measures are not presented in accordance with U.S. GAAP and may be different from non-GAAP information used by other companies. The non-GAAP financial measures have limitations as analytical tools and should not be considered in isolation or as a substitute for most directly comparable GAAP financial measures. The Company encourages investors and others to review its financial information in its entirety and not rely on a single financial measure.
A reconciliation of the non-GAAP financial measures to the most directly comparable GAAP financial measures has been provided in the table captioned “Unaudited Reconciliation of GAAP and Non-GAAP Results” at the end of this press release.
Safe Harbor Statement
This press release contains statements that may constitute “forward-looking” statements which are made pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Among other things, the outlook and quotations from management in this press release contain forward-looking statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in announcements made on the website of The Stock Exchange of Hong Kong Limited, in its interim and annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about the Company’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the Company’s filings with the U.S. Securities and Exchange Commission and The Stock Exchange of Hong Kong Limited. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
About KANZHUN LIMITED
KANZHUN LIMITED operates the leading online recruitment platform BOSS Zhipin in China. The Company connects job seekers and enterprise users in an efficient and seamless manner through its highly interactive mobile app, a transformative product that promotes two-way communication, focuses on intelligent recommendations, and creates new scenarios in the online recruiting process. Benefiting from its large and diverse user base, BOSS Zhipin has developed powerful network effects to deliver higher recruitment efficiency and drive rapid expansion.
For investor and media inquiries, please contact:
KANZHUN LIMITED
Investor Relations
Email: ir@kanzhun.com
PIACENTE FINANCIAL COMMUNICATIONS
Email: kanzhun@tpg-ir.com
| KANZHUN LIMITED Unaudited Condensed Consolidated Statements of Operations (All amounts in thousands, except share and per share data) | ||||||||||||
| For the three months ended June 30, | For the six months ended June 30, | |||||||||||
| 2025 | 2026 | 2025 | 2026 | |||||||||
| RMB | RMB | US$ | RMB | RMB | US$ | |||||||
| Revenues | ||||||||||||
| Online recruitment services to enterprise customers | 2,077,599 | 2,383,975 | 351,354 | 3,978,981 | 4,441,762 | 654,635 | ||||||
| Others | 24,834 | 14,628 | 2,156 | 46,729 | 25,633 | 3,778 | ||||||
| Total revenues | 2,102,433 | 2,398,603 | 353,510 | 4,025,710 | 4,467,395 | 658,413 | ||||||
| Operating cost and expenses | ||||||||||||
| Cost of revenues(1) | (307,457) | (312,422) | (46,045) | (618,265) | (610,638) | (89,997) | ||||||
| Sales and marketing expenses(1) | (419,873) | (580,945) | (85,621) | (911,100) | (1,083,176) | (159,640) | ||||||
| Research and development expenses(1) | (416,046) | (430,530) | (63,452) | (839,614) | (854,325) | (125,912) | ||||||
| General and administrative expenses(1) | (310,974) | (218,632) | (32,222) | (576,485) | (440,645) | (64,943) | ||||||
| Total operating cost and expenses | (1,454,350) | (1,542,529) | (227,340) | (2,945,464) | (2,988,784) | (440,492) | ||||||
| Other operating income, net | 3,118 | 7,144 | 1,053 | 10,740 | 8,237 | 1,214 | ||||||
| Income from operations | 651,201 | 863,218 | 127,223 | 1,090,986 | 1,486,848 | 219,135 | ||||||
| Interest and investment income, net | 156,972 | 1,632,483 | 240,598 | 306,461 | 2,413,419 | 355,694 | ||||||
| Foreign exchange gain | 623 | 278 | 41 | 54 | 1,057 | 156 | ||||||
| Other (expenses)/income, net | (551) | (3,372) | (497) | (1,168) | 16,005 | 2,359 | ||||||
| Income before income tax expenses | 808,245 | 2,492,607 | 367,365 | 1,396,333 | 3,917,329 | 577,344 | ||||||
| Income tax expenses | (97,071) | (550,261) | (81,098) | (173,065) | (849,207) | (125,158) | ||||||
| Net income | 711,174 | 1,942,346 | 286,267 | 1,223,268 | 3,068,122 | 452,186 | ||||||
| Net loss attributable to non-controlling interests | 5,224 | 2,762 | 407 | 11,264 | 33,679 | 4,964 | ||||||
| Net income attributable to ordinary shareholders of KANZHUN LIMITED | 716,398 | 1,945,108 | 286,674 | 1,234,532 | 3,101,801 | 457,150 | ||||||
| Weighted average number of ordinary shares used in computing net income per share | ||||||||||||
| — Basic | 882,926,914 | 908,082,212 | 908,082,212 | 876,959,135 | 917,870,090 | 917,870,090 | ||||||
| — Diluted | 906,887,558 | 925,607,684 | 925,607,684 | 901,237,045 | 936,850,131 | 936,850,131 | ||||||
| Net income per ordinary share attributable to ordinary shareholders | ||||||||||||
| — Basic | 0.81 | 2.14 | 0.32 | 1.41 | 3.38 | 0.50 | ||||||
| — Diluted | 0.79 | 2.10 | 0.31 | 1.37 | 3.31 | 0.49 | ||||||
| Net income per ADS(2) attributable to ordinary shareholders | ||||||||||||
| — Basic | 1.62 | 4.28 | 0.63 | 2.82 | 6.76 | 1.00 | ||||||
| — Diluted | 1.58 | 4.20 | 0.62 | 2.74 | 6.62 | 0.98 | ||||||
| (1) | Include share-based compensation expenses as follows: |
| For the three months ended June 30, | For the six months ended June 30, | |||||||||||
| 2025 | 2026 | 2025 | 2026 | |||||||||
| RMB | RMB | US$ | RMB | RMB | US$ | |||||||
| Cost of revenues | 6,896 | 2,366 | 349 | 16,507 | 5,559 | 819 | ||||||
| Sales and marketing expenses | 52,356 | 59,955 | 8,836 | 126,593 | 114,862 | 16,929 | ||||||
| Research and development expenses | 78,065 | 69,913 | 10,304 | 166,598 | 143,053 | 21,083 | ||||||
| General and administrative expenses | 92,409 | 54,211 | 7,990 | 171,791 | 113,949 | 16,794 | ||||||
| Total | 229,726 | 186,445 | 27,479 | 481,489 | 377,423 | 55,625 | ||||||
| (2) | Each ADS represents two Class A ordinary shares. |
| KANZHUN LIMITED Unaudited Condensed Consolidated Balance Sheets (All amounts in thousands) | ||||||
| As of | ||||||
| December 31, 2025 | June 30, 2026 | |||||
| RMB | RMB | US$ | ||||
| ASSETS | ||||||
| Current assets | ||||||
| Cash and cash equivalents | 4,104,917 | 2,580,279 | 380,286 | |||
| Short-term time deposits | 6,390,158 | 5,220,565 | 769,416 | |||
| Short-term investments | 9,450,244 | 13,143,766 | 1,937,151 | |||
| Accounts and notes receivable, net | 33,137 | 53,432 | 7,875 | |||
| Inventories | 2,395 | 2,163 | 319 | |||
| Amounts due from related parties | 9,241 | 10,415 | 1,535 | |||
| Prepayments and other current assets | 365,205 | 592,274 | 87,291 | |||
| Total current assets | 20,355,297 | 21,602,894 | 3,183,873 | |||
| Non-current assets | ||||||
| Long-term time deposits | 782,460 | - | - | |||
| Long-term investments | 1,898,178 | 3,671,576 | 541,123 | |||
| Property, equipment and software, net | 1,245,022 | 1,277,199 | 188,236 | |||
| Right-of-use assets, net | 161,452 | 210,762 | 31,063 | |||
| Intangible assets, net | 100,909 | 91,608 | 13,501 | |||
| Goodwill | 6,528 | 6,528 | 962 | |||
| Deferred tax assets | 18,168 | 15,167 | 2,235 | |||
| Total non-current assets | 4,212,717 | 5,272,840 | 777,120 | |||
| Total assets | 24,568,014 | 26,875,734 | 3,960,993 | |||
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||||||
| Current liabilities | ||||||
| Accounts payable | 119,966 | 315,096 | 46,439 | |||
| Deferred revenue(1) | 3,235,959 | 3,548,283 | 522,952 | |||
| Other payables and accrued liabilities | 921,319 | 1,177,248 | 173,505 | |||
| Operating lease liabilities, current | 94,016 | 116,667 | 17,195 | |||
| Total current liabilities | 4,371,260 | 5,157,294 | 760,091 | |||
| Non-current liabilities | ||||||
| Operating lease liabilities, non-current | 64,027 | 99,423 | 14,653 | |||
| Deferred tax liabilities | 51,689 | 570,764 | 84,120 | |||
| Total non-current liabilities | 115,716 | 670,187 | 98,773 | |||
| Total liabilities | 4,486,976 | 5,827,481 | 858,864 | |||
| Total shareholders’ equity | 20,081,038 | 21,048,253 | 3,102,129 | |||
| Total liabilities and shareholders’ equity | 24,568,014 | 26,875,734 | 3,960,993 | |||
| (1) | Under the PRC value-added tax law effective January 1, 2026, value-added tax related to deferred revenue is generally recognized earlier than previously required. As a result, deferred revenue as of June 30, 2026 decreased by RMB41.6 million from the balance under the prior tax regime. |
| KANZHUN LIMITED Unaudited Condensed Consolidated Statements of Cash Flows (All amounts in thousands) | ||||||||||||
| For the three months ended June 30, | For the six months ended June 30, | |||||||||||
| 2025 | 2026 | 2025 | 2026 | |||||||||
| RMB | RMB | US$ | RMB | RMB | US$ | |||||||
| Net cash provided by operating activities | 1,051,896 | 944,754 | 139,240 | 2,055,005 | 2,134,857 | 314,639 | ||||||
| Net cash used in investing activities | (824,453) | (308,639) | (45,488) | (1,503,279) | (1,861,477) | (274,348) | ||||||
| Net cash provided by/(used in) financing activities | 144,272 | (1,389,947) | (204,853) | 58,278 | (1,749,282) | (257,812) | ||||||
| Effect of exchange rate changes on cash and cash equivalents | (2,629) | (17,709) | (2,610) | (3,588) | (48,736) | (7,183) | ||||||
| Net increase/(decrease) in cash and cash equivalents | 369,086 | (771,541) | (113,711) | 606,416 | (1,524,638) | (224,704) | ||||||
| Cash and cash equivalents at beginning of the period | 2,790,420 | 3,351,820 | 493,997 | 2,553,090 | 4,104,917 | 604,990 | ||||||
| Cash and cash equivalents at end of the period | 3,159,506 | 2,580,279 | 380,286 | 3,159,506 | 2,580,279 | 380,286 | ||||||
| KANZHUN LIMITED Unaudited Reconciliation of GAAP and Non-GAAP Results (All amounts in thousands, except share and per share data) | ||||||||||||
| For the three months ended June 30, | For the six months ended June 30, | |||||||||||
| 2025 | 2026 | 2025 | 2026 | |||||||||
| RMB | RMB | US$ | RMB | RMB | US$ | |||||||
| Income from operations | 651,201 | 863,218 | 127,223 | 1,090,986 | 1,486,848 | 219,135 | ||||||
| Add: Share-based compensation expenses | 229,726 | 186,445 | 27,479 | 481,489 | 377,423 | 55,625 | ||||||
| Adjusted income from operations | 880,927 | 1,049,663 | 154,702 | 1,572,475 | 1,864,271 | 274,760 | ||||||
| Net income | 711,174 | 1,942,346 | 286,267 | 1,223,268 | 3,068,122 | 452,186 | ||||||
| Add: Share-based compensation expenses | 229,726 | 186,445 | 27,479 | 481,489 | 377,423 | 55,625 | ||||||
| Less: Net gains from investments in an investee company(1) | - | (1,099,588) | (162,059) | - | (1,560,155) | (229,938) | ||||||
| Adjusted net income | 940,900 | 1,029,203 | 151,687 | 1,704,757 | 1,885,390 | 277,873 | ||||||
| Net income attributable to ordinary shareholders of KANZHUN LIMITED | 716,398 | 1,945,108 | 286,674 | 1,234,532 | 3,101,801 | 457,150 | ||||||
| Add: Share-based compensation expenses | 229,726 | 186,445 | 27,479 | 481,489 | 377,423 | 55,625 | ||||||
| Less: Net gains from investments in an investee company | - | (1,099,588) | (162,059) | - | (1,560,155) | (229,938) | ||||||
| Adjusted net income attributable to ordinary shareholders of KANZHUN LIMITED | 946,124 | 1,031,965 | 152,094 | 1,716,021 | 1,919,069 | 282,837 | ||||||
| Weighted average number of ordinary shares used in computing adjusted net income per share (Non-GAAP) | ||||||||||||
| — Basic | 882,926,914 | 908,082,212 | 908,082,212 | 876,959,135 | 917,870,090 | 917,870,090 | ||||||
| — Diluted | 906,887,558 | 925,607,684 | 925,607,684 | 901,237,045 | 936,850,131 | 936,850,131 | ||||||
| Adjusted net income per ordinary share attributable to ordinary shareholders | ||||||||||||
| — Basic | 1.07 | 1.14 | 0.17 | 1.96 | 2.09 | 0.31 | ||||||
| — Diluted | 1.04 | 1.11 | 0.16 | 1.90 | 2.05 | 0.30 | ||||||
| Adjusted net income per ADS attributable to ordinary shareholders | ||||||||||||
| — Basic | 2.14 | 2.27 | 0.33 | 3.91 | 4.18 | 0.62 | ||||||
| — Diluted | 2.09 | 2.23 | 0.33 | 3.81 | 4.10 | 0.60 | ||||||
| (1) | Represents gains arising from fair value changes of investments in an investee company, net of related income tax expenses. For the three and six months ended June 30, 2026, the pre-tax investment income amounted to RMB1,466.1 million and RMB2,080.2 million, with income tax expenses of RMB366.5 million and RMB520.1 million, respectively. |
