Kanzhun (BZ) Gross Margin (2020 - 2026)
Kanzhun's (BZ) quarterly Gross Margin came in at 85.23% in Q1 2026, up 139.0% year-on-year from 35.66% in Q1 2025, and little changed quarter-over-quarter from 85.13% in Q4 2025.
Kanzhun (BZ) Gross Margin (2020 - 2026) Analysis & Trends
Kanzhun has disclosed Gross Margin across 7 years of filings, most recently posting 85.23% for Q1 2026.
- Gross Margin for Q1 2026 came in at 85.23%, up 139.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 85.06% (up 163.0% YoY), and the FY2025 annual result was 83.87%, up 72.0% from the prior year.
- Gross Margin came in at 85.23% for Q1 2026 at Kanzhun, roughly flat from 85.13% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 85.31% in Q3 2025 to a low of 19321.33% in Q1 2023.
- The 5-year median for Gross Margin is 83.49% (2024), against an average of 4185.96%.
- Across the five-year window, Gross Margin tumbled 1940564 bps in 2023 and surged 1940399 bps in 2024, its largest moves.
- Kanzhun's Gross Margin stood at 19184.06% in 2022, then rose by 11 bps to 17050.77% in 2023, then soared by 100 bps to 82.8% in 2024, then gained by 3 bps to 85.13% in 2025, then increased by 0 bps to 85.23% in 2026.
- The last three Gross Margin figures came in at 85.23% (Q1 2026), 85.13% (Q4 2025), and 85.31% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 2,430,078.11 Bn | 2,430,078.11 Bn | 295.20 Mn | 73.98% |
| 2 | Alphabet | 4,448.32 Bn | 4,232.70 Bn | 102.29 Bn | 93.08% |
| 3 | Meta Platforms | 1,465.06 Bn | 1,383.88 Bn | 46.09 Bn | 81.85% |
| 4 | Spotify Technology | 113.19 Bn | 102.95 Bn | 1.75 Bn | 32.98% |
| 5 | 33.56 Bn | 30.79 Bn | 511.94 Mn | 77.17% | |
| 6 | 12.93 Bn | 11.63 Bn | 768.96 Mn | 76.32% | |
| 7 | Kanzhun | 12.77 Bn | 10.67 Bn | 255.62 Bn | 85.23% |
| 8 | Match | 8.28 Bn | 7.26 Bn | 653.28 Mn | 75.62% |
| 9 | Snap | 7.91 Bn | 5.08 Bn | 1.29 Bn | 84.37% |
| 10 | Zillow | 7.56 Bn | 6.78 Bn | 519.00 Mn | 73.31% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 85.23% |
| Dec 31, 2025 | 85.13% |
| Sep 30, 2025 | 85.31% |
| Jun 30, 2025 | 84.56% |
| Mar 31, 2025 | 83.84% |
| Dec 31, 2024 | 82.80% |
| Sep 30, 2024 | 83.57% |
| Jun 30, 2024 | 83.49% |
| Mar 31, 2024 | 82.66% |
| Dec 31, 2023 | -17,050.77% |
| Sep 30, 2023 | -16,695.74% |
| Jun 30, 2023 | 82.45% |
| Mar 31, 2023 | -19,321.33% |
| Dec 31, 2022 | -19,184.06% |
| Sep 30, 2022 | 82.96% |
| Jun 30, 2022 | 84.34% |
| Mar 31, 2022 | 84.31% |
| Dec 31, 2021 | 86.27% |
| Sep 30, 2021 | 87.22% |
| Jun 30, 2021 | 87.74% |