Kanzhun Q1 Operating Margin Rises to 39.4%, AI Services Generate RMB15M
Kanzhun reported Q1 adjusted operating income of over RMB810 million and a 39.4% operating margin, up 3.4 percentage points year-on-year. AI-supported services generated RMB15 million in revenue with experimental segments growing over 100%, while monthly active users surpassed 70 million and the company repurchased $200 million in shares.
1. Q1 Financial Results
Kanzhun achieved adjusted operating income of over RMB810 million in Q1 2026, representing a 39.4% operating margin, up 3.4 percentage points year-on-year despite a shorter peak recruitment season due to a delayed Chinese New Year.
2. AI-Driven Services Growth
AI-supported closed-loop services drove robust growth, contributing RMB15 million in Q1 revenue with some experimental groups experiencing over 100% growth, while software development job postings rose 10.9% year-on-year.
3. User Metrics and Outlook
Monthly active users exceeded 70 million in March, and management expects double-digit year-on-year revenue growth for the full year with accelerated cash flow generation compared to last year.
4. Capital Allocation and Expansion
The company repurchased $200 million of shares, representing 3% of total shares, and is expanding overseas with about 50,000 daily active users in Hong Kong as it builds a core international team.