Kanzhun Ltd
NASDAQ:BZ

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Kanzhun Ltd
NASDAQ:BZ
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Price: 21.51 USD -1.19% Market Closed
Market Cap: 10B USD

Kanzhun Ltd
Investor Relations

Kanzhun Ltd., the driving force behind the BOSS Zhipin platform, has skillfully carved its niche in the bustling world of online recruitment within China. With the traditional landscape of job hunting often marred by inefficiencies and long wait times, Kanzhun has introduced a novel approach that marries technology with the immediacy job seekers crave. By leveraging big data and AI algorithms, the platform facilitates direct and seamless communication between job candidates and employers, reducing the typical barriers that have long plagued the industry. This approach not only creates an agile hiring process but also enhances the user experience by providing personalized recommendations and real-time interactions.

Financially, Kanzhun capitalizes on its innovative platform through a mix of monetization strategies. Primarily, it generates revenue by offering enhanced services such as premium job listings and profile exposure, allowing recruiters to quickly access a richer pool of talent. Additionally, the company employs a subscription model for businesses, which provides access to a suite of advanced tools and analytics aimed at optimizing their recruitment efficiency. This dual stream of revenue not only underpins the company's financial growth but also strengthens its competitive advantage in an increasingly digital and competitive job market. As the demand for effective recruitment solutions continues to rise, Kanzhun Ltd. is well-positioned to maintain its growth trajectory, underscored by a profound understanding of both technological advancements and market needs.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 18, 2025
AI Summary
Q3 2025

Revenue Growth: Kanzhun reported Q3 revenue of RMB 2.2 billion, up 13% year-on-year, with growth accelerating from the previous quarter.

Profitability: Net profit reached RMB 775 million, up 67% year-on-year, with a strong net margin of 35.8%.

Operating Efficiency: Operating costs and expenses decreased by 7% year-on-year, with notable reductions in share-based compensation and marketing expenses.

User Metrics: Paid enterprise customers grew 13% to 6.8 million over 12 months, and average verified monthly active users reached 53.82 million.

AI Integration: The company highlighted ongoing AI-powered feature rollouts for both job seekers and recruiters, improving user engagement and matching efficiency.

Improved Demand: Management sees clear signs of recovering enterprise hiring demand, improved contract renewals, and healthier supply-demand balance on the platform.

Positive Outlook: Q4 revenue is guided to RMB 2.05–2.07 billion, up 12.4%–13.5% year-on-year, with management expressing confidence in continued growth and operational leverage.

Key Financials
Revenue
RMB 2.2 billion
Net Profit
RMB 775 million
Net Margin
35.8%
Adjusted Operating Margin
41.8%
Gross Margin
85.8%
Operating Costs and Expenses
RMB 1.5 billion
Share-based Compensation Expenses
RMB 216 million
Paid Enterprise Customers
6.8 million
Adjusted Income from Operations
RMB 904 million
Net Cash Provided by Operating Activities
RMB 1.2 billion
Cash Position (as of September 30, 2025)
RMB 19.2 billion
Average Verified Monthly Active Users
53.82 million
Earnings Call Recording
Other Earnings Calls

Management

Mr. Peng Zhao
Founder, Chairman & CEO
No Bio Available
Mr. Yu Zhang
CFO & Executive Director
No Bio Available
Mr. Tao Zhang
CTO & Executive Director
No Bio Available
Mr. Xu Chen
Chief Marketing Officer & Executive Director
No Bio Available
Ms. Xiehua Wang
VP of Product & Executive Director
No Bio Available
Ms. Wenbei Wang
Head of Investor Relations & Capital Markets
No Bio Available
Ms. Huaiyuan Liang
Joint Company Secretary
No Bio Available

Contacts

Address
BEIJING
Beijing
Grandyvic Bldg, Taiyanggong Mid Rd, Chaoyang Dist
Contacts
+861084150633.0
www.zhipin.com