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Kanzhun Stock Rises 16.3% to $18.95
Kanzhun is up 16.3%, or $2.66 to $18.95.
Kanzhun Stock Rises 15.3% to $18.78
Kanzhun is up 15.3%, or $2.49 to $18.78.
Company Reports 14.1% Year-on-Year Revenue Growth in Q2
Wenbei Wang, deputy CFO of the company, added, "The Company continued to deliver a high-quality growth in the second quarter, with revenue up 14.1% year-on-year, accelerating from the first quarter, alongside a year-on-year improvement in margins. During the second quarter, we sponsored the 2026 FIFA World Cup, and earned positive market feedback. By harnessing AI across our operations to enhance operating and management efficiency, combined with strong operating leverage, our income from operations grew 32.6% year-on-year, and our operating margin expanded by 5.0 percentage points, further validating the efficiency of our business model and the strength of our management execution."
Company Reports Q2 Revenue of RMB 2.4B
Reports Q2 revenue RMB 2.4B, consensus RMB 2.41B. Average monthly active users for the second quarter of 2026 were 70.2M, an increase of 10.4% from 63.6M for the same quarter of 2025. Jonathan Peng Zhao, founder, chairman and CEO of the company, remarked, "We are delighted to report that the Company continued to deliver strong sets of financials for the quarter, with both revenue and profit growth accelerating. Multiple operating metrics reached record highs in the second quarter, with average monthly active users on the BOSS Zhipin app surpassing 70 million for the first time, further reinforcing the Company's industry-leading position and competitive moat."
Kanzhun Repurchases 777,884 Shares, Totaling Over RMB 1.99 Billion
Kanzhun announced the continued execution of its share repurchase program, utilizing near RMB34M to repurchase 777,884 ordinary shares on June 25. With this latest repurchase, the company has made over RMB1.99B in share repurchases year-to-date in 2026. This effort underscores the company's ongoing commitment to delivering value to shareholders.
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