Kanzhun (BZ) EBITDA Margin (2020 - 2026)
Kanzhun (BZ) posted EBITDA Margin of 30.02% for Q1 2026, down 9.04% sequentially from 33.0% in Q4 2025, and up 715.0% YoY from 3.68% in Q1 2025.
Analysis
Kanzhun (BZ) EBITDA Margin (2020 - 2026) Analysis & Trends
Kanzhun has reported EBITDA Margin for 7 years, with the latest figure at 30.02% in Q1 2026.
- Quarterly EBITDA Margin rose 715.0% year-over-year to 30.02% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 31.32% (up 1150.0% YoY) and the FY2025 annual result came in at 29.0%, up 1306.0% from the prior year.
- EBITDA Margin eased to 30.02% in Q1 2026 per BZ's latest filing, from 33.0% in the prior quarter.
- Over five years, EBITDA Margin peaked at 33.0% in Q4 2025 and troughed at 32.44% in Q4 2022.
- A 5-year average of 13.66% and a median of 16.24% in 2023 frame the typical range for EBITDA Margin.
- The widest YoY moves for EBITDA Margin: up 12838 bps in 2022, down 5567 bps in 2022.
- Over 5 years, EBITDA Margin stood at 32.44% in 2022, then surged by 143 bps to 14.06% in 2023, then jumped by 48 bps to 20.87% in 2024, then soared by 58 bps to 33.0% in 2025, then decreased by 9 bps to 30.02% in 2026.
- According to Business Quant data, EBITDA Margin over the past three periods registered 30.02%, 33.0%, and 31.59% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 34.03% |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 30.88% |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 21.88% |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | -30.21% |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 28.79% | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | 4.70% |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | - |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | -4.68% | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 30.57% |
| 10 | Kanzhun | 7.83 Bn | 5.52 Bn | 306.38 Bn | 35.86% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 35.86% |
| Mar 31, 2026 | 30.02% |
| Dec 31, 2025 | 33.00% |
| Sep 30, 2025 | 31.59% |
| Jun 30, 2025 | 30.68% |
| Mar 31, 2025 | 22.87% |
| Dec 31, 2024 | 20.54% |
| Sep 30, 2024 | 16.91% |
| Jun 30, 2024 | 18.71% |
| Mar 31, 2024 | 6,139.46% |
| Dec 31, 2023 | 14,064,526.01% |
| Sep 30, 2023 | 0.02% |
| Jun 30, 2023 | 11.36% |
| Mar 31, 2023 | -6,073.90% |
| Dec 31, 2022 | -32,441.52% |
| Sep 30, 2022 | 11.70% |
| Jun 30, 2022 | 6.86% |
| Mar 31, 2022 | -0.29% |
| Dec 31, 2021 | 23.23% |
| Sep 30, 2021 | 25.68% |