Kanzhun Limited (BOSS ZHIPIN-W) (02076) announced its financial results for the first quarter of 2026. Revenue reached RMB 20.69 billion, representing a year-on-year increase of 7.57%. Net profit attributable to ordinary shareholders of Kanzhun Limited was RMB 11.57 billion, marking a significant year-on-year growth of 123.24%. Basic earnings per ordinary share stood at RMB 1.25.
The average monthly active users (MAU) for Q1 2026 were 60.9 million, a 5.7% increase from 57.6 million in the same quarter of 2025.
Mr. Zhao Peng, Founder, Chairman, and CEO of the company, stated, "We are pleased to report robust performance for the first quarter of 2026. Benefiting from improved recruitment demand during the peak spring hiring season and user growth driven by increased market penetration, we observed accelerated business growth following the Lunar New Year. In March of this year, our monthly active user base surpassed 72 million, further consolidating and expanding the company's industry-leading position. The company remains firmly committed to a technology-driven growth strategy, represented by AI. Recently, our open-source model, Nanbeige4.1-3B, was ranked joint first among models under 4B parameters by the internationally recognized AI evaluation agency Artificial Analysis, maintaining its global advanced level among models of comparable size. Simultaneously, we are actively promoting the practical application of AI in service capabilities and user experience. The AI assistant for job seekers continues to deepen its coverage, expanding both the depth and breadth of its services. On the recruiter side, the company has achieved significant progress in exploring AI to support closed-loop delivery, and the business model based on recruitment effectiveness is continuously releasing commercial value."
Ms. Wang Wenbei, Deputy Chief Financial Officer of the company, added, "We continue to deliver high-quality financial data. The structural drivers of revenue growth—user growth and improved commercialization rates—remain effective. Over the past 12 months, the number of paying clients reached 7.1 million, a year-on-year increase of 10.9%. Concurrently, benefiting from efficient operating leverage, the company's profit margin reached a historical high for the same quarter. Regarding shareholder returns, since the beginning of 2026, the company has cumulatively spent approximately RMB 1.4 billion to repurchase over 28 million ordinary shares, representing approximately 3% of the company's total issued and outstanding shares. This initiative fully demonstrates the company's confidence in its long-term value and its emphasis on shareholder returns."
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