Kanzhun Files Full H1 2026 Interim Report: Net Income Up 151% on Zhipu Gain, $302M Buyback Executed
BZ sits 18% above its 52-week low of $12.57.
Summary
Kanzhun's H1 2026 interim report shows revenue up 11% to RMB4.47B and net income up 151% to RMB3.07B, boosted by a RMB2.08B non-cash gain on its Zhipu investment. The company repurchased US$302M of shares and declared a US$230M dividend.
Key Events · Earnings and Guidance · BZ
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H1 Revenue Up 11%, Net Income Up 151%
Revenue rose 11.0% to RMB4,467.4M; net income jumped 150.8% to RMB3,068.1M, driven by a RMB2,080.2M non-cash fair value gain on the Zhipu investment.
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Zhipu Stake Worth RMB2.1B
Kanzhun holds 1,486,720 shares (~0.3%) of Z.AI Co., Ltd. (Zhipu), valued at RMB2.1B as of June 30, 2026 — approximately 8.0% of total assets — after Zhipu's January 2026 IPO.
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US$302M Share Buyback Executed
The company repurchased 42,436,658 Class A ordinary shares at an aggregate cost of approximately US$302.1M during H1 2026, under the US$400M program authorized through August 28, 2027.
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US$230M Annual Dividend Confirmed
Board approved US$0.255 per ordinary share (US$0.510 per ADS); record date September 28, 2026, with payment expected October 6 (ordinary shares) and October 14 (ADSs), 2026.
Analysis · BZ · Technology
The full interim report confirms the strong H1 2026 results first summarized on August 25, but adds material detail. A RMB2.08B non-cash gain from the Zhipu investment drove net income up 151% to RMB3.07B, while adjusted net income rose a more modest 10.6% to RMB1.89B. The company executed US$302.1M of share repurchases in H1 2026, bringing year-to-date buybacks above US$300M alongside the US$230M annual dividend. The Zhipu stake, now worth RMB2.1B (8% of total assets), is a concentrated bet on an AI company that just IPO'd in January 2026 — a meaningful but volatile asset on the balance sheet.
How filings like this one have moved
In the 30 days to Sep 30, 2026, 29.6% of the 1609 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, BZ was trading at $14.81 on NASDAQ in the Technology sector, with a market capitalization of approximately $6.7B. The 52-week trading range was $12.57 to $24.65. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.