Online recruitment platform Kanzhun Q2 revenue rises 14% on enterprise customer growth
BZ•Drivers behind the results
- Enterprise customer growth - Revenue growth was mainly driven by a 10.8% increase in paid enterprise customers, according to the company.
- AI investment - The company said continued investment in AI improved recruitment efficiency and matching accuracy, with positive user feedback and initial commercialization potential, according to CEO Jonathan Peng Zhao.
- Operating leverage - Operating margin expanded by 5 percentage points, supported by efficiency gains from AI and cost controls, according to Deputy CFO Wenbei Wang.
Dividend, buybacks and outlook
The company declared a US$230 million annual dividend and completed more than US$300 million in share buybacks.
Kanzhun expects third-quarter 2026 revenue between RMB2.41 billion and RMB2.50 billion. The company said the forecast reflects current market and operational conditions in China.
Key reported figures and analyst view
| Metric | Actual |
|---|---|
| Q2 Revenue | RMB 2.40 billion |
| Q2 Adjusted EPS | RMB 1.11 |
| Q2 Net Income | RMB 1.94 billion |
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell".
The average consensus recommendation for the employment services peer group is "buy".
