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 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 207.25 Mn
6 Pinterest 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
DateValue
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