Kanzhun Ltd ADR (BZ) financial statements: income statement, balance sheet and cash flow
Kanzhun Ltd ADR's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Kanzhun Ltd ADR reported revenue of $8.3B (+12.4% year on year) and net income of $2.7B (+72.6% year on year).
Income statement
Kanzhun Ltd ADR income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Total revenues
$8.3B
$7.4B
$6.0B
$4.5B
Cost of revenues
($1.2B)
($1.2B)
($1.1B)
($754.9M)
Sales and marketing expenses
($1.7B)
($2.1B)
($2.0B)
($2.0B)
Research and development expenses
($1.7B)
($1.8B)
($1.5B)
($1.2B)
General and administrative expenses
($1.2B)
($1.1B)
($811.8M)
($719.7M)
Total operating cost and expenses
($5.8B)
($6.2B)
($5.4B)
($4.7B)
Other operating income/(expenses), net
($22.1M)
$39.8M
$35.4M
$17.6M
Income from operations
$2.5B
$1.2B
$581.0M
($129.5M)
Interest and investment income, net
$706.0M
$625.3M
$606.8M
—
Foreign exchange gain/(loss)
$11.2M
($68.0K)
$1.1M
$8.6M
Other income, net
$19.0M
$34.5M
$33.0M
$11.4M
Income before income tax expenses
$3.2B
$1.8B
$1.2B
$117.0M
Income tax expenses
($509.7M)
($265.6M)
($122.6M)
($9.8M)
Net income
$2.7B
$1.6B
$1.1B
—
Net loss attributable to non-controlling interests
$44.9M
$17.6M
$9.0K
—
Net income attributable to ordinary shareholders of KANZHUN LIMITED
$2.7B
$1.6B
—
$107.2M
- Basic
901.0M
881.9M
870.3M
868.9M
- Diluted
927.0M
909.2M
902.7M
912.1M
- Basic
$3.04
$1.80
$1.26
$0.12
- Diluted
$2.95
$1.74
$1.22
$0.12
Foreign currency translation adjustments
($256.6M)
$154.2M
$187.0M
$952.9M
Net change in unrealized gains on available-for-sale investments-Unrealized gains
$75.7M
$1.7M
$16.6M
—
Net change in unrealized gains on available-for-sale investments-Reclassification of gains to net income
($31.2M)
—
—
—
Unrealized gains on available-for-sale investments, net of reclassification
$44.4M
—
—
—
Total other comprehensive income/(loss)
($212.2M)
$155.9M
$203.6M
—
Total comprehensive income
$2.5B
$1.7B
$1.3B
—
Comprehensive loss attributable to non-controlling interests
$45.2M
$17.5M
$9.0K
—
Comprehensive income attributable to ordinary shareholders of KANZHUN LIMITED
$2.5B
$1.7B
$1.3B
$1.1B
Kanzhun Ltd ADR income statement, quarters
Line item
Jun 30, 2022 · YTD
Revenues
$2.3B
Cost of revenues
($351.6M)
Sales and marketing expenses
($921.9M)
Research and development expenses
($598.4M)
General and administrative expenses
($316.0M)
Total operating cost and expenses
($2.2B)
Other operating income, net
$10.7M
(Loss)/Income from operations
$73.0M
Investment income
$17.1M
Financial income, net
$24.2M
Foreign exchange (loss)/gain
$4.7M
Other expenses, net
($24.5M)
(Loss)/Income before income tax expense
$94.4M
Income tax expense
($14.1M)
Net (loss)/income
$80.3M
Net (loss)/income attributable to ordinary shareholders
$80.3M
Foreign currency translation adjustments
$539.0M
Total comprehensive (loss)/income
$619.3M
Basic
869.4M
Diluted
917.5M
Basic
$0.09
Diluted
$0.09
Balance sheet
Kanzhun Ltd ADR balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$4.1B
$2.6B
$2.5B
$9.8B
Short-term time deposits
$6.4B
$5.5B
$6.9B
—
Short-term investments
$9.5B
$6.6B
$3.5B
$3.5B
Accounts and notes receivable, net
$33.1M
$40.7M
$16.7M
$9.9M
Inventories
$2.4M
$3.0M
—
—
Amounts due from related parties
$9.2M
$7.3M
$4.0M
$5.7M
Prepayments and other current assets
$365.2M
$368.3M
$442.7M
$600.8M
Total current assets
$20.4B
$15.1B
$13.4B
$13.8B
Long-term time deposits
$782.5M
—
—
—
Long-term investments
$1.9B
$1.9B
$2.5B
—
Property, equipment and software, net
$1.2B
$1.7B
$1.8B
$691.0M
Right-of-use assets, net
$161.5M
$302.9M
$282.6M
$289.6M
Intangible assets, net
$100.9M
$252.6M
$8.1M
$10.3M
Goodwill
$6.5M
$6.5M
$5.7M
$5.7M
Deferred tax assets
$18.2M
—
—
—
Total non-current assets
$4.2B
$4.2B
$4.6B
$1.0B
Total assets
$24.6B
$19.3B
$17.9B
$14.8B
Accounts payable
$120.0M
$110.7M
$629.2M
$185.3M
Deferred revenue
$3.2B
$3.1B
$2.8B
$2.1B
Other payables and accrued liabilities
$921.3M
$815.8M
$779.0M
$633.5M
Operating lease liabilities, current
$94.0M
$180.8M
$155.0M
$151.4M
Total current liabilities
$4.4B
$4.2B
$4.4B
$3.0B
Operating lease liabilities, non-current
$64.0M
$121.3M
$125.1M
$143.6M
Deferred tax liabilities
$51.7M
$34.5M
$28.4M
$11.4M
Total non-current liabilities
$115.7M
$155.8M
$153.5M
$155.0M
Total liabilities
$4.5B
$4.3B
$4.5B
$3.2B
Ordinary shares (US$0.0001 par value; 1,800,000,000 Class A ordinary shares and 200,000,000 Class B ordinary shares authorised; 761,663,103 Class A ordinary shares issued and 730,807,661 outstanding, 138,490,401 Class B ordinary shares issued and outstanding as of December 31, 2024; 836,223,103 Class A ordinary shares issued and 800,557,411 outstanding, 130,430,401 Class B ordinary shares issued and outstanding as of December 31, 2025)
618.0K
571.0K
564.0K
—
Treasury shares (30,855,442 and 35,665,692 shares held as of December 31, 2024 and 2025, respectively)
-204.0M
-1.5B
-479.7M
-918.9M
Additional paid-in capital
$18.1B
$16.2B
$15.5B
$15.5B
Statutory reserves
$52.1M
$15.1M
$5.0M
—
Accumulated other comprehensive income
$842.7M
$1.1B
$898.8M
$695.2M
(Accumulated deficit)/Retained earnings
$1.2B
($917.6M)
($2.5B)
($3.6B)
Total KANZHUN LIMITED shareholders' equity
$20.0B
$14.9B
$13.4B
$11.6B
Non-controlling interests
$50.3M
$95.4M
($9.0K)
—
Total shareholders' equity
$20.1B
$15.0B
$13.4B
—
Total liabilities and shareholders' equity
$24.6B
$19.3B
$17.9B
$14.8B
Kanzhun Ltd ADR balance sheet, quarters
Line item
Jun 30, 2022
Cash and cash equivalents
$12.2B
Short-term investments
$812.2M
Accounts receivable
$2.0M
Amounts due from related parties
$9.6M
Prepayments and other current assets
$520.6M
Total current assets
$13.5B
Property, equipment and software, net
$546.1M
Intangible assets, net
$413.0K
Right-of-use assets, net
$303.6M
Other non-current assets
$4.0M
Total non-current assets
$854.1M
Total assets
$14.4B
Accounts payable
$135.3M
Deferred revenue
$2.0B
Other payables and accrued liabilities
$579.0M
Operating lease liabilities, current
$146.1M
Total current liabilities
$2.8B
Operating lease liabilities, non-current
$166.3M
Total non-current liabilities
$166.3M
Total liabilities
$3.0B
Ordinary shares (US$0.0001 par value; 1,500,000,000 shares authorized; 748,953,103 Class A ordinary shares issued and 727,855,233 outstanding, 140,830,401 Class B ordinary shares issued and outstanding as of December 31, 2021; 749,323,103 Class A ordinary shares issued and 730,777,761 outstanding, 140,830,401 Class B ordinary shares issued and outstanding as of June 30, 2022)
559.0K
Treasury shares (21,097,870 and 18,545,342 shares as of December 31, 2021 and June 30, 2022, respectively)
-268.0M
Additional paid-in capital
$15.0B
Accumulated other comprehensive (loss)/income
$281.2M
Accumulated deficit
($3.6B)
Total shareholders' equity
$11.4B
Total liabilities and shareholders' equity
$14.4B
Cash flow statement
Kanzhun Ltd ADR cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net income
$2.7B
$1.6B
$1.1B
—
Share-based compensation
$912.0M
$1.1B
$1.1B
$692.2M
Depreciation of property, equipment and software
$517.9M
$468.4M
—
—
Amortization and impairment of intangible assets
$151.7M
—
—
—
Amortization of right-of-use assets
$145.4M
$184.6M
$169.1M
$147.3M
Loss from disposal of property, equipment and software
$51.1M
$649.0K
$183.0K
($96.0K)
Foreign exchange (gain)/loss
($11.2M)
$68.0K
($1.1M)
($8.6M)
Interest and investment income
($47.7M)
($11.1M)
($288.0M)
($43.7M)
Deferred income tax expenses/(benefit)
($20.9M)
$8.5M
$14.1M
$9.3M
Allowance for credit losses
$694.0K
$793.0K
$86.0K
$336.0K
Accounts and notes receivable
$7.2M
($17.5M)
($7.0M)
($6.0M)
Inventories
$647.0K
($3.0M)
—
—
Prepayments and other current assets
($18.7M)
$133.8M
$123.9M
$13.3M
Amounts due from related parties
($2.0M)
($3.2M)
$1.7M
$901.0K
Accounts payable
($4.7M)
($28.7M)
$24.7M
$10.2M
Deferred revenue
$151.1M
$289.5M
$733.2M
$102.3M
Other payables and accrued liabilities
$177.4M
($47.9M)
$31.9M
($18.0M)
Operating lease liabilities
($148.1M)
($180.5M)
($170.8M)
($143.7M)
Net cash provided by operating activities
$4.6B
$3.5B
$3.0B
$1.0B
Purchases of property, equipment and software
($119.1M)
($856.0M)
($955.5M)
($340.1M)
Disposal of property, equipment and software
$50.6M
$120.0K
$7.0M
$324.0K
Purchases of time deposits
($8.7B)
($6.1B)
—
—
Maturities of time deposits
$6.9B
$7.6B
—
—
Purchases of short-term and long-term investments
($20.4B)
($10.4B)
—
—
Maturities of short-term and long-term investments
$17.7B
$7.9B
—
—
Net cash used in investing activities
($4.6B)
($2.0B)
($9.9B)
($2.8B)
Proceeds from exercise of share-based awards
$347.6M
$191.3M
$217.7M
$249.7M
Proceeds from share offer, net of issuance cost
$2.0B
—
—
—
Repurchase of ordinary shares
-142.8M
-1.7B
-71.8M
-918.9M
Payments of dividends
($553.0M)
—
($562.9M)
—
Net cash (used in)/provided by financing activities
$1.7B
($1.5B)
($417.0M)
($669.2M)
Effect of exchange rate changes on cash and cash equivalents
($46.8M)
$15.1M
$29.8M
$892.8M
Net (decrease)/increase in cash and cash equivalents
$1.6B
$80.1M
($7.3B)
($1.6B)
Cash and cash equivalents at beginning of the year
$2.6B
$2.5B
$9.8B
$11.3B
Cash and cash equivalents at end of the year
$4.1B
$2.6B
$2.5B
$9.8B
Cash paid for income tax
$504.0M
$306.8M
$133.5M
$101.3M
Changes in payables for purchase of property, equipment and software
$14.0M
($527.4M)
$419.2M
$122.2M
Changes in consideration payable for share repurchase
($71.1M)
($20.3M)
—
—
Kanzhun Ltd ADR cash flow statement, quarters
Line item
Jun 30, 2022 · YTD
Net (loss)/income
$80.3M
Share-based compensation
$283.0M
Depreciation and amortization
$59.7M
Loss from disposal of property, equipment and software
$7.0K
Foreign exchange loss/(gain)
($4.7M)
Amortization of right-of-use assets
$69.0M
Unrealized investment income
($2.2M)
Accounts receivable
($1.0M)
Prepayments and other current assets
$87.3M
Amounts due from related parties
($3.0M)
Accounts payable
$18.0M
Deferred revenue
$20.5M
Other payables and accrued liabilities
($64.1M)
Operating lease liabilities
($62.0M)
Net cash generated from operating activities
$480.9M
Purchase of property, equipment and software
($173.2M)
Proceeds from disposal of property, equipment and software
$298.0K
Purchase of short-term investments
($1.4B)
Proceeds from maturity of short-term investments
$1.5B
Net cash used in investing activities
($97.9M)
Proceeds from exercise of share options
$180.2M
Repurchase of ordinary shares
-268.0M
Net cash generated from/(used in) financing activities
($87.8M)
Effect of exchange rate changes on cash and cash equivalents
$537.1M
Net increase in cash and cash equivalents
$832.3M
Cash and cash equivalents at beginning of the period
$11.3B
Cash and cash equivalents at end of the period
$12.2B
Cash paid for income tax
$72.1M
Changes in payables for purchase of property, equipment and software