| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 74 | 11.2x | 17.8x | Top tier | |
Growth | 86 | 12.1% | 7.1% | Top tier | |
Quality | 93 | 8.7% | 4.5% | Top tier | |
Safety | 88 | — | 2.6x | Top tier | |
Capital Return | 43 | 0.54% | 2.12% | Around median | |
Momentum | 37 | -30.3% | 2.9% | Bottom tier | |
Sentiment | 39 | 8 | 3 | Bottom tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Kanzhun Limited operates the mobile recruitment platform BOSS Zhipin, using recommendations and direct messaging to connect job seekers with employers. The company generates revenue primarily from paid enterprise services, including higher-value recruitment tools and AI-powered features, while leveraging the user base on both sides of the marketplace to improve its matching engine. As of Q2 FY2026, the platform had cumulatively served approximately 300 million users and 22 million recruiters, compared with more than 17 million monthly active users during the quarter.
In Q2 FY2026, revenue reached RMB 2.4 billion, up 14% year over year, with broadly balanced growth across key accounts and small accounts. The number of paying enterprise customers during the twelve months ended June 30, 2026 increased 11% to 7.2 million customers, while average revenue per paying user rose 7%. Gross margin was 87%, up 1.6 percentage points, while adjusted operating income reached RMB 1.05 billion and its margin reached a record 43.8%.
Net income in Q2 FY2026 was approximately RMB 1.9 billion, up 173%, but a large portion of this increase came from investment income of approximately RMB 1.5 billion resulting from a fair-value change in an investee that was listed in January 2026. Excluding share-based compensation and net investment gains, adjusted net income grew 9% to RMB 1.03 billion. On an annual basis, FY2025 revenue increased to $8.3 billion from $7.4 billion in FY2024, and net income rose to $2.7 billion from $1.6 billion, with earnings per share of 2.95 versus 1.74.
Automated analysis for informational purposes only — not investment advice.
The average analyst price target is $17, within a wide range of $12 to $20, versus an overall consensus rating of “Buy.” The average target is approximately 33% below the 52-week range high of $25.26, while the lowest target is slightly below the range low of $12.57, reflecting material divergence in estimates of the growth and monetization trajectory. No price-to-earnings ratio is available in the provided data, while reported net income growth in Q2 FY2026 should be interpreted cautiously because of the large non-operating investment gain.
Figures in the text are as of 2026-08-30; the live price is shown at the top of the page.
Kanzhun generates revenue primarily from paid services for employers on the BOSS Zhipin platform, including higher-value recruitment tools and AI-powered features. In Q2 FY2026, the number of paying enterprise customers during the twelve months ended June 30 increased to 7.2 million, up 11%. Average revenue per paying user also rose 7%, and the payment rate among active enterprises improved for the fourth consecutive quarter.
Revenue in Q2 FY2026 reached approximately RMB 2.4 billion, up 14% year over year. Gross margin increased to 87%, while adjusted operating income reached RMB 1.05 billion at a record margin of 43.8%. Net income reached RMB 1.9 billion, but adjusted net income after excluding investment gains and share-based compensation was RMB 1.03 billion and grew 9%.
The company uses AI to understand long search queries and multi-turn conversations, search for candidates, screen résumés, and conduct interviews. In Q2 FY2026, the AI-powered interview function was conducting more than 10 thousand interviews daily. Management also said that revenue from the AI-powered closed-loop recruitment business grew rapidly quarter over quarter, without disclosing the amount of revenue.
Management expects revenue of between RMB 2.41 billion and RMB 2.50 billion in Q3 FY2026. This represents year-over-year growth ranging from 11.4% to 15.6%. The company expects margin to be close to the Q2 level and adjusted operating margin to increase slightly for the full FY2026.
The board approved annual cash dividends of approximately $230 million during FY2026. The company also repurchased more than $300 million of shares, representing approximately 4.6% to 4.7% of total shares according to the figures provided on the call. Combined dividends and repurchases totaled more than $530 million, while the company said it had cumulatively repurchased more than 10% of its total shares.
Risks include reliance on converting free enterprises to paid plans and implementing gradual price increases in major cities, amid recruitment demand that management described as broadly stable in Q2 FY2026. Marketing expenses also increased 38% and operating cash flow declined 10%, while a large portion of net income growth resulted from a non-operating investment gain of approximately RMB 1.5 billion. International expansion adds timing risk because management expects some markets to require seven to eight years of adaptation and development before reaching revenue of between $100 million and $115 million.
