KANZHUN LIMITED Announces First Quarter 2026 Financial Results

Kanzhun Limited announced its first quarter 2026 financial results, reporting a 7.6% increase in revenues to RMB 2,068.8 million. Income from operations surged by 41.8% to RMB 623.6 million, and net income increased by 119.8% to RMB 1,125.8 million. The company saw a 10.9% rise in paid enterprise customers to 7.1 million and a 5.7% increase in average monthly active users to 60.9 million. Kanzhun Limited also highlighted its commitment to AI-driven growth and announced a share repurchase program, intending to allocate at least 50% of the prior fiscal year's adjusted net income for dividends and repurchases. For the second quarter of 2026, the company expects revenues between RMB 2.38 billion and RMB 2.42 billion, representing a 13.2% to 15.1% year-on-year increase. Additionally, the company repurchased approximately 22.5 million shares year-to-date in 2026.