Kanzhun's Profit Surges in Q1 on Cost Cuts
Kanzhun (NASDAQ:BZ) delivered its first-quarter 2025 results on May 22, reporting that revenue rose 13% year over year to 1.92 billion yuan while GAAP net income rose 112% to 512 million yuan. The company, which operates an online job recruitment platform in China, saw a sharp expansion in adjusted operating margin to 36%, growth in blue-collar and lower-tier city users, and expanded AI integration across user, recruiter, and internal management functions.Adjusted operating income reached 690 million yuan, aided by an 8% year-over-year reduction in total operating costs and an absolute decline in share-based compensation expenses for the third consecutive quarter. The company also cut its sales and marketing spending by 15% year over year. Meanwhile, paid enterprise customers climbed by 12% over the trailing 12 months to 6.38 million. Structural cost rationalization combined with robust operating leverage created significant upside for long-term profitability against a backdrop of cyclical and regulatory volatility in the sector.Continue reading
Kanzhun (NASDAQ:BZ) delivered its first-quarter 2025 results on May 22, reporting that revenue rose 13% year over year to 1.92 billion yuan while GAAP net income rose 112% to 512 million yuan. The company, which operates an online job recruitment platform in China, saw a sharp expansion in adjusted operating margin to 36%, growth in blue-collar and lower-tier city users, and expanded AI integration across user, recruiter, and internal management functions.
Adjusted operating income reached 690 million yuan, aided by an 8% year-over-year reduction in total operating costs and an absolute decline in share-based compensation expenses for the third consecutive quarter. The company also cut its sales and marketing spending by 15% year over year. Meanwhile, paid enterprise customers climbed by 12% over the trailing 12 months to 6.38 million.
Structural cost rationalization combined with robust operating leverage created significant upside for long-term profitability against a backdrop of cyclical and regulatory volatility in the sector.
