Kanzhun Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	7,930	7,270	5,889	4,461	4,219	1,927
Other Revenue	82.66	85.65	62.93	49.78	40.1	17.18
Revenue	8,013	7,356	5,952	4,511	4,259	1,944
Revenue Growth (YoY)	12.66%	23.58%	31.94%	5.92%	119.05%	94.69%
Cost of Revenue	1,240	1,240	1,060	754.86	554.65	240.21
Gross Profit	6,773	6,116	4,892	3,756	3,704	1,704
Selling, General & Admin	2,950	3,167	2,803	2,721	2,427	2,145
Research & Development	1,688	1,816	1,544	1,183	821.98	513.36
Other Operating Expenses	-23.99	-39.79	-35.39	-17.6	-14.98	-8.85
Operating Expenses	4,614	4,943	4,311	3,886	3,234	2,649
Operating Income	2,159	1,173	580.97	-129.52	470.08	-944.91
Interest & Investment Income	690.88	625.28	606.76	226.48	34.48	12.19
Currency Exchange Gain (Loss)	3.73	-0.07	1.09	8.63	-1.96	-5.07
Other Non Operating Income (Expenses)	25.65	34.5	32.97	11.41	-7.75	-4.11
EBT Excluding Unusual Items	2,879	1,833	1,222	117	494.85	-941.9
Other Unusual Items	-	-	-	-	-1,506	-
Pretax Income	2,879	1,833	1,222	117	-1,012	-941.9
Income Tax Expense	436.02	265.63	122.57	9.75	59.53	-
Earnings From Continuing Operations	2,443	1,567	1,099	107.25	-1,071	-941.9
Minority Interest in Earnings	47.86	17.64	0.01	-	-	-
Net Income	2,491	1,585	1,099	107.25	-1,071	-941.9
Preferred Dividends & Other Adjustments	-	-	-	-	164.07	283.98
Net Income to Common	2,491	1,585	1,099	107.25	-1,235	-1,226
Net Income Growth	69.87%	44.16%	924.97%	-	-	-
Shares Outstanding (Basic)	444	441	435	434	265	56
Shares Outstanding (Diluted)	456	455	451	456	265	56
Shares Change (YoY)	0.24%	0.72%	-1.03%	72.32%	376.14%	3.79%
EPS (Basic)	5.61	3.59	2.53	0.25	-4.67	-22.05
EPS (Diluted)	5.47	3.48	2.44	0.24	-4.67	-22.06
EPS Growth	69.83%	42.62%	916.67%	-	-	-
Free Cash Flow	3,329	2,686	2,091	662.92	1,381	257.7
Free Cash Flow Per Share	7.29	5.91	4.63	1.45	5.22	4.64
Dividend Per Share	1.226	1.226	-	-	-	-
Gross Margin	84.53%	83.15%	82.19%	83.27%	86.98%	87.65%
Operating Margin	26.94%	15.95%	9.76%	-2.87%	11.04%	-48.60%
Profit Margin	31.09%	21.54%	18.47%	2.38%	-29.00%	-63.05%
Free Cash Flow Margin	41.55%	36.52%	35.14%	14.70%	32.44%	13.25%
EBITDA	2,669	1,675	839.72	10.56	550.18	-903.81
EBITDA Margin	33.31%	22.77%	14.11%	0.23%	12.92%	-46.48%
D&A For EBITDA	510.67	501.88	258.75	140.08	80.1	41.1
EBIT	2,159	1,173	580.97	-129.52	470.08	-944.91
EBIT Margin	26.94%	15.95%	9.76%	-2.87%	11.04%	-48.60%
Effective Tax Rate	15.14%	14.49%	10.03%	8.33%	-	-
Revenue as Reported	8,013	7,356	5,952	4,511	4,259	1,944
Advertising Expenses	-	530.45	582.08	793.21	997.65	812.42

Updated Nov 18, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q