Kanzhun (BZ) Research & Development (2020 - 2026)
Kanzhun's (BZ) quarterly Research & Development came in at -$61.4 billion in Q1 2026, down 105156.21% year-on-year from N/an in Q1 2025, and down 5.83% quarter-over-quarter from -$58.1 billion in Q4 2025.
Kanzhun (BZ) Research & Development (2020 - 2026) Analysis & Trends
Kanzhun has disclosed Research & Development across 7 years of filings, most recently posting -$61.4 billion for Q1 2026.
- Research & Development for Q1 2026 came in at -$61.4 billion, down 105156.21% year-over-year; the trailing twelve-month figure through Mar 2026 was -$234.9 billion (down 25.21% YoY), and the FY2025 annual result was $236.5 million, down 4.95% from the prior year.
- Research & Development came in at -$61.4 billion for Q1 2026 at Kanzhun, down from -$58.1 billion in the prior quarter.
- In the past five years, Research & Development ranged from a high of -$27400.0 in Q1 2024 to a low of -$66.1 billion in Q3 2024.
- The 5-year median for Research & Development is -$57.3 billion (2023), against an average of -$40.1 billion.
- Across the five-year window, Research & Development surged 100.0% in 2024 and tumbled 212925.55% in 2025, its largest moves.
- Kanzhun's Research & Development stood at -$42.6 billion in 2022, then tumbled by 40.13% to -$59.7 billion in 2023, then decreased by 0.98% to -$60.3 billion in 2024, then rose by 3.77% to -$58.1 billion in 2025, then slipped by 5.83% to -$61.4 billion in 2026.
- The last three Research & Development figures came in at -$61.4 billion (Q1 2026), -$58.1 billion (Q4 2025), and -$57.3 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn | 67.40 Mn |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn | 17.03 Bn |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn | 17.70 Bn |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn | 387.52 Mn |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 207.25 Mn | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | 380.79 Mn | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn | -61.44 Bn |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn | 478.30 Mn |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn | 150.00 Mn |
| 10 | Match | 8.04 Bn | 7.01 Bn | 653.28 Mn | 116.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -61.44 Bn |
| Dec 31, 2025 | -58.05 Bn |
| Sep 30, 2025 | -57.31 Bn |
| Jun 30, 2025 | -58.08 Bn |
| Mar 31, 2025 | -58.37 Mn |
| Dec 31, 2024 | -60.33 Bn |
| Sep 30, 2024 | -66.14 Bn |
| Jun 30, 2024 | -61.06 Bn |
| Mar 31, 2024 | -27,400.00 |
| Dec 31, 2023 | -59.74 Bn |
| Sep 30, 2023 | -57.29 Bn |
| Jun 30, 2023 | -50.46 Bn |
| Mar 31, 2023 | -48.69 Bn |
| Dec 31, 2022 | -42.64 Bn |
| Sep 30, 2022 | -40.80 Mn |
| Jun 30, 2022 | -45.94 Mn |
| Mar 31, 2022 | -45.86 Mn |
| Dec 31, 2021 | -31.22 Mn |
| Sep 30, 2021 | -32.49 Mn |
| Jun 30, 2021 | -38.71 Mn |