KANZHUN LIMITED (the “Company”), operating the BOSS Zhipin platform, released its unaudited financial results for the third quarter ended September 30, 2025. The results were prepared in accordance with U.S. Generally Accepted Accounting Principles.
In the quarter under review, total revenues reached RMB2,163.3 million (US$303.9 million), marking a 13.2% increase from the same period in 2024. Revenues from online recruitment services, the main contributor, climbed 13.6% year-on-year to RMB2,146.8 million (US$301.6 million). The Company attributed this increase primarily to rising paid enterprise customer numbers, which grew by 13.3% to 6.8 million in the twelve months ended September 30, 2025.
Operating costs and expenses fell by 7.0% year-on-year to RMB1,476.2 million (US$207.4 million). This decline partly stemmed from lower advertising, marketing, and employee-related expenses. The Company’s income from operations rose by 108.1% year-on-year, recording RMB687.1 million (US$96.5 million). On a non-GAAP basis, adjusted income from operations increased by 49.3% to RMB903.5 million (US$126.9 million).
Net income for the third quarter was RMB775.4 million (US$108.9 million), up 67.2% compared with the same quarter in 2024. Adjusted net income reached RMB991.8 million (US$139.3 million), representing a 34.2% increase year-on-year.
Average monthly active users stood at 63.8 million, marking a 10.0% rise from the same period last year. The Company also reaffirmed its focus on applying AI to enhance user experience, bolster service capabilities, and improve operating efficiency.
For the fourth quarter of 2025, the Company forecasts total revenues of between RMB2.05 billion and RMB2.07 billion, representing a year-on-year increase of 12.4% to 13.5%. According to the announcement, this outlook reflects the current market conditions in China, but actual results may vary due to inherent uncertainties.
The full unaudited financial statements and related disclosures, including forward-looking statements and associated risks, were provided in the Company’s official release dated November 18, 2025 (U.S. Eastern Time). The announcement advised shareholders and potential investors to exercise caution when dealing in the Company’s securities.
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