Kanzhun (BZ) Research & Development (2020 - 2026)
Kanzhun's (BZ) quarterly Research & Development came in at -$63.5 million in Q2 2026, down 9.25% year-over-year from -$69.9 million in Q2 2025, and down 3.28% quarter-over-quarter from -$61.4 million in Q1 2026.
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Analysis
Kanzhun (BZ) Research & Development (2020 - 2026) Analysis & Trends
Kanzhun has disclosed Research & Development across 7 years of filings, most recently posting -$63.5 million for Q2 2026.
- In Q2 2026, Research & Development fell 9.25% year-over-year to -$63.5 million; the TTM figure through Jun 2026 stood at -$240.3 million (up 1.1% YoY), while the FY2025 annual figure was -$236.5 million, down 950443.69% from the prior year.
- Research & Development came in at -$63.5 million for Q2 2026 at Kanzhun, down from -$61.4 million 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 million in Q3 2024.
- Average Research & Development over 5 years is -$52.0 million, with a median of -$57.7 million recorded in 2025.
- Year-over-year, Research & Development jumped 99.94% in 2024 and slumped 212925.55% in 2025.
- Over 5 years, Research & Development stood at -$42.6 million in 2022, then plunged by 42.11% to -$60.6 million in 2023, then increased by 0.43% to -$60.3 million in 2024, then rose by 3.77% to -$58.1 million in 2025, then declined by 9.3% to -$63.5 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were -$63.5 million in Q2 2026, -$61.4 million in Q1 2026, and -$58.1 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Automatic Data Processing | 107.89 Bn | 103.66 Bn | 2.51 Bn | 265.90 Mn |
| 2 | Paychex | 41.30 Bn | 40.16 Bn | 1.19 Bn | - |
| 3 | Paycom Software | 10.03 Bn | 9.83 Bn | 412.40 Mn | 51.90 Mn |
| 4 | Paylocity Holding | 7.66 Bn | 7.38 Bn | 300.38 Mn | 103.70 Mn |
| 5 | Kanzhun | 6.89 Bn | 4.58 Bn | 306.38 Mn | -63,452.00 |
| 6 | Alight | 312.06 Mn | 99.06 Mn | 142.00 Mn | - |
| 7 | Asure Software | 233.76 Mn | 214.08 Mn | 25.06 Mn | 9.10 Mn |
| 8 | Dhi | 211.36 Mn | 207.59 Mn | 25.04 Mn | 9.26 Mn |
| 9 | CXApp | 4.15 Mn | 4.15 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -63.45 Mn |
| Mar 31, 2026 | -61.44 Mn |
| Dec 31, 2025 | -58.05 Mn |
| Sep 30, 2025 | -57.31 Mn |
| Jun 30, 2025 | -58.08 Mn |
| Mar 31, 2025 | -58.37 Mn |
| Dec 31, 2024 | -60.33 Mn |
| Sep 30, 2024 | -66.14 Mn |
| Jun 30, 2024 | -61.06 Mn |
| Mar 31, 2024 | -27,400.00 |
| Dec 31, 2023 | -60.59 Mn |
| Sep 30, 2023 | -56.80 Mn |
| Jun 30, 2023 | -50.46 Mn |
| Mar 31, 2023 | -48.50 Mn |
| Dec 31, 2022 | -42.64 Mn |
| 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 |
API Access
Kanzhun Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=BZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "BZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=BZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();