Kanzhun Ltd Sponsored (BZ)
NASDAQ:BZ
Earnings Data
Report Date
May 27, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.26Last Year’s EPS
0.25Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a predominantly positive picture: solid revenue growth, materially improved adjusted profitability and margins, strong user and engagement metrics, disciplined cost control, robust cash generation, an investor-friendly shareholder return policy, and promising AI-driven product and revenue initiatives. Notable negatives include a sharp rise in income tax (including an OECD Pillar Two top-up), a one-off impairment that increased FY G&A, near-term seasonality that softens Q1 guidance, modest ARPPU growth despite SME penetration, and ongoing uncertainty about AI's long-term market impact. On balance, the strengths and positive momentum materially outweigh the listed challenges.Company Guidance
Revenue Growth (Q4 and FY2025)
Q4 revenue of RMB 2.08 billion, up 14% year-on-year; full year 2025 revenue of RMB 8.27 billion, up 12.4% year-on-year.
Strong Adjusted Profitability and Margins
Q4 adjusted operating profit (ex-SBC) of RMB 900 million, up 37% YoY; full year adjusted operating profit ~RMB 3.38–3.5 billion, up ~45.7% YoY; Q4 adjusted operating margin 43.3% (quarterly historical high); FY adjusted operating margin 40.8%; adjusted net margin reached a historical high of 43.6%.
User Growth and Engagement
Added nearly 46 million newly verified users in 2025; MAU of BOSS Zhipin app exceeded 60.7 million, up 14.5% YoY; cumulative platform served >250 million job seekers and 36 million enterprise users.
Network Effects and Matching Activity
Platform facilitated >2.27 billion mutually consented exchanges in 2025, up 22.4% YoY; average mutual consents per job seeker rose 7% YoY, indicating strengthening two-sided network effects.
Monetization Expansion and SME Traction
Paid enterprise customers reached 6.83 million in 2025, up 11.6% YoY; revenue from enterprises with <100 employees exceeded 50% for the first time; Q4 revenue from small-size accounts grew 21% YoY.
Cost Discipline and Improved Gross Margin
Total operating costs and expenses decreased 7% YoY to RMB 1.4 billion in Q4 and by 7% to RMB 5.8 billion for FY; share-based compensation down 23% (Q4) and 20% (FY); gross margin rose to 85.1% in 2025 (up 2 percentage points).
Cash Flow, Balance Sheet and Shareholder Returns
Net cash from operating activities RMB 1.3 billion (Q4) and RMB 4.6 billion (FY), up 29% YoY; cash position RMB 19.9 billion as of Dec 31, 2025; declared USD 80M dividend in 2025 and repurchased USD 50M YTD 2026; Board approved policy to allocate no less than 50% of prior year's adjusted net income to dividends and buybacks over next 3 years and raised repurchase limit to USD 400M.
AI Progress and New Revenue Streams
Closed-loop AI-enabled services reached 'hundreds of millions RMB' in revenue and are growing faster than other businesses; AI quick-hiring tool showing positive results; AI-assisted interview rolled out in interview rooms increasing usage and data capture; Nanbeige 4.1/3B model achieved top traction on HuggingFace.
Spring Recruitment Momentum and Outlook
Post-Chinese New Year period showed record-high active users and double-digit YoY growth in average daily job postings in the 15 days after the festival; management expects revenue acceleration over coming quarters and provided Q1 2026 guidance of RMB 2.050–2.085 billion (YoY growth 6.6%–8.4%, noting seasonality effects).
International Market Early Success (OfferToday)
OfferToday ranked #1 in Hong Kong by mobile DAU; among ~3 million Hong Kong workforce, ~1 in 50 use OfferToday daily—management pursuing further localization and talent hiring for expansion.
BZ Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BZ Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 18, 2026 | $14.55 | $13.69 | -5.91% |
Nov 18, 2025 | $20.52 | $20.79 | +1.32% |
Aug 20, 2025 | $20.94 | $21.94 | +4.79% |
May 22, 2025 | $17.79 | $17.14 | -3.63% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Kanzhun Ltd Sponsored (BZ) report earnings?
Kanzhun Ltd Sponsored (BZ) is schdueled to report earning on May 27, 2026, Before Open (Confirmed).
What is Kanzhun Ltd Sponsored (BZ) earnings time?
Kanzhun Ltd Sponsored (BZ) earnings time is at May 27, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is BZ EPS forecast?
BZ EPS forecast for the fiscal quarter 2026 (Q1) is 0.26.