Kanzhun (BZ) Research & Development (2020 - 2026)
Kanzhun (BZ) posted Research & Development of -$61.4 billion for Q1 2026, down 5.83% sequentially from -$58.1 billion in Q4 2025, and down 105156.21% YoY from N/an in Q1 2025.
Kanzhun (BZ) Research & Development (2020 - 2026) Analysis & Trends
Kanzhun has reported Research & Development for 7 years, with the latest figure at -$61.4 billion in Q1 2026.
- Quarterly Research & Development fell 105156.21% year-over-year to -$61.4 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$234.9 billion (down 25.21% YoY) and the FY2025 annual result came in at $242.1 million, down 14.74% from the prior year.
- Research & Development eased to -$61.4 billion in Q1 2026 per BZ's latest filing, from -$58.1 billion in the prior quarter.
- Over five years, Research & Development peaked at $16.0 million in Q4 2023 and troughed at -$66.1 billion in Q3 2024.
- A 5-year average of -$33.7 billion and a median of -$50.5 billion in 2023 frame the typical range for Research & Development.
- The sharpest annual moves came in 2023 and 2024: Research & Development soared 128.79% in 2023, then slumped 376380.17% in 2024.
- Over 5 years, Research & Development stood at -$42.6 billion in 2022, then surged by 100.04% to $16.0 million in 2023, then plunged by 376380.17% to -$60.3 billion in 2024, then advanced by 3.77% to -$58.1 billion in 2025, then declined by 5.83% to -$61.4 billion in 2026.
- According to Business Quant data, Research & Development over the past three periods registered -$61.4 billion, -$58.1 billion, and -$57.3 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,250.36 Bn | 3,821.32 Bn | 73.85 Bn | 18.22 Bn |
| 2 | Meta Platforms | 1,547.59 Bn | 1,457.33 Bn | 49.47 Bn | 21.66 Bn |
| 3 | Taboola.com | 1,140.46 Bn | 1,140.32 Bn | 139.48 Mn | 67.16 Mn |
| 4 | Baidu | 287.92 Bn | 283.43 Bn | 1.88 Mn | 635.00 Mn |
| 5 | Spotify Technology | 105.84 Bn | 95.60 Bn | 1.75 Bn | 387.52 Mn |
| 6 | Joyy | 78.10 Bn | 77.21 Bn | 205.64 Mn | -61.54 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | - |
| 8 | Nebius | 49.84 Bn | 40.21 Bn | 295.20 Mn | 67.40 Mn |
| 9 | 31.14 Bn | 28.35 Bn | 734.60 Mn | 231.28 Mn | |
| 10 | Kanzhun | 15.21 Bn | 13.11 Bn | 255.62 Bn | -61.44 Bn |
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 | 16.03 Mn |
| Sep 30, 2023 | -57.29 Bn |
| Jun 30, 2023 | -50.46 Bn |
| Mar 31, 2023 | 13.20 Mn |
| 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 |