Kanzhun (BZ) Operating Expenses (2020 - 2026)
Kanzhun (BZ) posted Operating Expenses of -$209.7 billion for Q1 2026, down 7.83% sequentially from -$194.4 billion in Q4 2025, and down 101935.23% YoY from N/an in Q1 2025.
Kanzhun (BZ) Operating Expenses (2020 - 2026) Analysis & Trends
Kanzhun has reported Operating Expenses for 7 years, with the latest figure at -$209.7 billion in Q1 2026.
- Quarterly Operating Expenses fell 101935.23% year-over-year to -$209.7 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$814.5 billion (down 26.98% YoY) and the FY2025 annual result came in at $826.7 million, down 3.02% from the prior year.
- Operating Expenses eased to -$209.7 billion in Q1 2026 per BZ's latest filing, from -$194.4 billion in the prior quarter.
- Over five years, Operating Expenses peaked at -$94600.0 in Q1 2024 and troughed at -$226.1 billion in Q3 2024.
- A 5-year average of -$142.5 billion and a median of -$194.4 billion in 2025 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses jumped 100.0% in 2024, then slumped 217109.3% in 2025.
- Over 5 years, Operating Expenses stood at -$206.8 billion in 2022, then rose by 8.43% to -$189.3 billion in 2023, then slipped by 5.37% to -$199.5 billion in 2024, then increased by 2.54% to -$194.4 billion in 2025, then slipped by 7.83% to -$209.7 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered -$209.7 billion, -$194.4 billion, and -$207.4 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,226.97 Bn | 3,797.93 Bn | 73.85 Bn | 79.03 Bn |
| 2 | Meta Platforms | 1,534.26 Bn | 1,444.00 Bn | 49.47 Bn | 42.03 Bn |
| 3 | Taboola.com | 1,139.07 Bn | 1,138.93 Bn | 139.48 Mn | 132.22 Mn |
| 4 | Baidu | 289.47 Bn | 284.98 Bn | 1.88 Mn | 4.19 Bn |
| 5 | Spotify Technology | 102.75 Bn | 92.51 Bn | 1.75 Bn | 512.79 Mn |
| 6 | Joyy | 77.93 Bn | 77.04 Bn | 205.64 Mn | -187.82 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 303,858.00 |
| 8 | Nebius | 49.20 Bn | 39.57 Bn | 295.20 Mn | 527.00 Mn |
| 9 | 30.47 Bn | 27.69 Bn | 734.60 Mn | 573.19 Mn | |
| 10 | Kanzhun | 15.40 Bn | 13.30 Bn | 255.62 Bn | -209.66 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |