Kanzhun (BZ) Operating Margin (2020 - 2026)

Kanzhun's (BZ) quarterly Operating Margin came in at 30.14% in Q1 2026, up 728.0% year-on-year from 3.64% in Q1 2025, and down 8.66% quarter-over-quarter from 33.0% in Q4 2025.

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

Kanzhun has disclosed Operating Margin across 7 years of filings, most recently posting 30.14% for Q1 2026.

  • Operating Margin for Q1 2026 came in at 30.14%, up 728.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 31.47% (up 1157.0% YoY), and the FY2025 annual result was 29.8%, up 1386.0% from the prior year.
  • Operating Margin came in at 30.14% for Q1 2026 at Kanzhun, down from 33.0% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 16385.03% in Q3 2023 to a low of 32441.52% in Q4 2022.
  • The 5-year median for Operating Margin is 18.71% (2024), against an average of 471.78%.
  • Across the five-year window, Operating Margin sank 3246475 bps in 2022 and surged 4631035 bps in 2023, its largest moves.
  • Kanzhun's Operating Margin stood at 32441.52% in 2022, then jumped by 143 bps to 13868.83% in 2023, then plunged by 100 bps to 20.87% in 2024, then jumped by 58 bps to 33.0% in 2025, then fell by 9 bps to 30.14% in 2026.
  • The last three Operating Margin figures came in at 30.14% (Q1 2026), 33.0% (Q4 2025), and 31.76% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Nebius 2,430,078.11 Bn 2,430,078.11 Bn 295.20 Mn -32.08%
2 Alphabet 4,448.32 Bn 4,232.70 Bn 102.29 Bn 36.12%
3 Meta Platforms 1,465.06 Bn 1,383.88 Bn 46.09 Bn 40.62%
4 Spotify Technology 113.19 Bn 102.95 Bn 1.75 Bn 15.77%
5 Reddit 33.56 Bn 30.79 Bn 511.94 Mn 27.57%
6 Pinterest 12.93 Bn 11.63 Bn 768.96 Mn -7.97%
7 Kanzhun 12.77 Bn 10.67 Bn 255.62 Bn 30.14%
8 Match 8.28 Bn 7.26 Bn 653.28 Mn 27.37%
9 Snap 7.91 Bn 5.08 Bn 1.29 Bn -4.87%
10 Zillow 7.56 Bn 6.78 Bn 519.00 Mn 5.08%

Historic Data

Download Data
DateValue
Mar 31, 2026 30.14%
Dec 31, 2025 33.00%
Sep 30, 2025 31.76%
Jun 30, 2025 30.97%
Mar 31, 2025 22.87%
Dec 31, 2024 20.87%
Sep 30, 2024 17.27%
Jun 30, 2024 18.71%
Mar 31, 2024 6.08%
Dec 31, 2023 13,868.83%
Sep 30, 2023 16,385.03%
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%
Jun 30, 2021 -121.62%