Kanzhun (BZ) Operating Expenses (2020 - 2026)

Kanzhun's (BZ) quarterly Operating Expenses came in at -$209.7 billion in Q1 2026, down 101935.23% year-on-year from N/an in Q1 2025, and down 7.83% quarter-over-quarter from -$194.4 billion in Q4 2025.

Kanzhun (BZ) Operating Expenses (2020 - 2026) Analysis & Trends

Kanzhun has disclosed Operating Expenses across 7 years of filings, most recently posting -$209.7 billion for Q1 2026.

  • Operating Expenses for Q1 2026 came in at -$209.7 billion, down 101935.23% year-over-year; the trailing twelve-month figure through Mar 2026 was -$814.5 billion (down 26.98% YoY), and the FY2025 annual result was $826.7 million, down 3.02% from the prior year.
  • Operating Expenses came in at -$209.7 billion for Q1 2026 at Kanzhun, down from -$194.4 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of -$94600.0 in Q1 2024 to a low of -$226.1 billion in Q3 2024.
  • The 5-year median for Operating Expenses is -$194.4 billion (2025), against an average of -$142.5 billion.
  • Across the five-year window, Operating Expenses surged 100.0% in 2024 and slumped 217109.3% in 2025, its largest moves.
  • Kanzhun's Operating Expenses stood at -$206.8 billion in 2022, then grew by 8.43% to -$189.3 billion in 2023, then retreated by 5.37% to -$199.5 billion in 2024, then climbed by 2.54% to -$194.4 billion in 2025, then retreated by 7.83% to -$209.7 billion in 2026.
  • The last three Operating Expenses figures came in at -$209.7 billion (Q1 2026), -$194.4 billion (Q4 2025), and -$207.4 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Nebius 2,430,078.11 Bn 2,430,078.11 Bn 295.20 Mn 527.00 Mn
2 Alphabet 4,448.32 Bn 4,232.70 Bn 102.29 Bn 70.20 Bn
3 Meta Platforms 1,465.06 Bn 1,383.88 Bn 46.09 Bn 33.44 Bn
4 Spotify Technology 113.19 Bn 102.95 Bn 1.75 Bn 512.79 Mn
5 Reddit 33.56 Bn 30.79 Bn 511.94 Mn 480.50 Mn
6 Pinterest 12.93 Bn 11.63 Bn 768.96 Mn 1.09 Bn
7 Kanzhun 12.77 Bn 10.67 Bn 255.62 Bn -209.66 Bn
8 Match 8.28 Bn 7.26 Bn 653.28 Mn 627.52 Mn
9 Snap 7.91 Bn 5.08 Bn 1.29 Bn 1.60 Bn
10 Zillow 7.56 Bn 6.78 Bn 519.00 Mn 483.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -209.66 Bn
Dec 31, 2025 -194.44 Bn
Sep 30, 2025 -207.36 Bn
Jun 30, 2025 -203.02 Bn
Mar 31, 2025 -205.48 Mn
Dec 31, 2024 -199.51 Bn
Sep 30, 2024 -226.13 Bn
Jun 30, 2024 -215.58 Bn
Mar 31, 2024 -94,600.00
Dec 31, 2023 -189.34 Bn
Sep 30, 2023 -187.84 Bn
Jun 30, 2023 -180.77 Bn
Mar 31, 2023 -200.79 Bn
Dec 31, 2022 -206.77 Bn
Sep 30, 2022 -146.78 Mn
Jun 30, 2022 -155.54 Mn
Mar 31, 2022 -180.80 Mn
Dec 31, 2021 -132.03 Mn
Sep 30, 2021 -140.29 Mn
Jun 30, 2021 -401.80 Mn