Kanzhun BZ Q2 2026: Revenue Growth, 70 Million MAU, Strong Returns Plan
Sep 22, 2026, 1:52 AM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting
Stronger-than-expected growth metrics and a pronounced return of capital via dividends/buybacks can lift multiples and attract buyers; 70m+ MAU implies monetization upside; large, policy-backed returns reduce equity risk premiums.
AI summary
What happened, with direct paths to the underlying reporting
Kanzhun Ltd. (BZ) posted robust Q2 2026 results with RMB2,399m revenue and 70.2m MAU, signaling strong user growth. The firm also announced a sizable shareholder-return plan (US$230m dividend and >US$300m buybacks this year), totaling over US$530m—well above prior-year adjusted net income. Management commits to at least 50% of prior-year adjusted net income allocated to dividends and buybacks for 2026–2028, underpinning valuation support.
Q2 2026 revenue RMB2,399m, +14.1% YoY; operating income RMB863m, +32.6%.
MAU on BOSS Zhipin hits 70.2m, +10.4% YoY; paid enterprise customers 7.2m.
Enterprise revenue RMB2,384m, +14.7% YoY; marketing tied to FIFA World Cup.
Dividend ~US$230m and US$300m+ in buybacks; total returns >US$530m, over prior-year adjusted net income.
Company pledges for 2026–2028: at least 50% of prior-year adjusted net income returned via dividends and buybacks.
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