Recruitment services provider Kanzhun's Q3 revenue rises

KANZHUN

18/11/2025 11:08

Overview

Kanzhun Q3 revenue rises 13.2% yr/yr, driven by paid enterprise customer growth

Net income for Q3 increases 67.2% yr/yr, reflecting improved profitability

Operating income for Q3 surges 108.1% yr/yr, highlighting strong operational performance

Outlook

Company expects Q4 2025 revenue between RMB2.05 bln and RMB2.07 bln

Company sees AI integration as a key driver for future growth

Result Drivers

ENTERPRISE DEMAND - Recovery in enterprise recruitment demand accelerated revenue growth

AI INTEGRATION - Integration of AI technologies is enhancing user experience and operational efficiency, per CEO Jonathan Peng Zhao

COST OPTIMIZATION - Improved marketing efficiency and reduced share-based compensation expenses boosted net profit margin, per CFO Phil Yu Zhang

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
RMB 2.16 bln
Q3 Adjusted Net Income
RMB 991.80 mln
Q3 Net Income
RMB 775.40 mln
Q3 Operating Income
RMB 687.10 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the employment services peer group is "buy"

Wall Street's median 12-month price target for Kanzhun Ltd is HK$103.00, about 23.3% above its November 17 closing price of HK$79.00

The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 22 three months ago

Press Release: ID:nGNX2ZdBR4

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)