KANZHUN revenue rises 14.1% as second-quarter net income jumps 173.1%

KANZHUN LIMITED, operator of China’s BOSS Zhipin online recruitment platform, reported unaudited second-quarter 2026 revenue of RMB2,398.6 million (US$353.5 million), up 14.1% year over year. Net income rose 173.1% to RMB1,942.3 million (US$286.3 million), primarily because of RMB1,466.1 million in investment income from fair-value changes in an investee company that completed an initial public offering in January 2026. Adjusted net income, excluding share-based compensation and net gains from investments in the investee company, increased 9.4% to RMB1,029.2 million (US$151.7 million). Average monthly active users rose 10.4% to 70.2 million, surpassing 70 million for the first time, while paid enterprise customers reached 7.2 million in the 12 months ended June 30, 2026, up 10.8%. Operating income rose 32.6% to RMB863.2 million, and adjusted operating income increased 19.2% to RMB1,049.7 million. The company said it is expanding artificial intelligence across job matching, recruitment chats and interviews. Its board approved an annual cash dividend of approximately US$230 million, or US$0.510 per ADS, while year-to-date share buybacks exceeded US$300 million. First-half revenue rose 11% to RMB4.47 billion and net income increased 151.3% to RMB3.1 billion, with earnings per share of RMB3.38; the board did not declare an interim dividend. For the third quarter, KANZHUN expects revenue of RMB2.41 billion to RMB2.50 billion, representing year-on-year growth of 11.4% to 15.6%.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.