Kanzhun Limited Boosts Buyback Cap to $400m After FY Revenue Hits RMB8.27bn
Kanzhun Limited's fourth-quarter revenue rose 14% to RMB2,078.5 million and full-year revenue climbed 12.4% to RMB8,267.5 million on an 11.5% increase in paid enterprise customers to 6.8 million. Full-year operating income more than doubled to RMB2,464.1 million as the company boosts its 2026–28 buyback cap to $400 million.
1. Customer and User Growth
In the twelve months ended December 31, 2025, the company served 6.8 million paid enterprise customers, up 11.5% year-on-year, while average monthly active users reached 58.0 million in Q4 (+10.1%) and 60.7 million for the full year (+14.5%), reflecting stronger platform engagement.
2. Revenue Growth
Fourth-quarter revenue increased 14.0% to RMB2,078.5 million and full-year revenue grew 12.4% to RMB8,267.5 million, driven by higher sales of online recruitment services to enterprise customers, which accounted for RMB2,066.9 million in Q4.
3. Profit Expansion
Operating income jumped 80.2% to RMB686.0 million in Q4 and more than doubled to RMB2,464.1 million for 2025, while adjusted operating income rose 36.6% in Q4 and 45.7% for the year. Net income reached RMB691.8 million in Q4 (+55.7%) and RMB2,690.5 million for the full year (+71.7%), underlining strong margin improvements.
4. Shareholder Returns and AI Initiatives
The company plans to allocate at least 50% of annual adjusted net income to share buybacks and dividends from 2026 through 2028, raising its repurchase ceiling to US$400 million. It is also commercializing its in-house large language model Nanbeige—ranked first among trending text models—to enhance recruitment recommendations and user experience.