v3.26.1
CONSOLIDATED BALANCE SHEETS
¥ in Thousands, $ in Thousands
Dec. 31, 2025
CNY (¥)
Dec. 31, 2025
USD ($)
Dec. 31, 2024
CNY (¥)
Current assets      
Cash and cash equivalents ¥ 4,104,917 $ 586,995 ¥ 2,553,090
Short-term time deposits 6,390,158 913,780 5,488,631
Short-term investments 9,450,244 1,351,367 6,639,389
Accounts and notes receivable, net 33,137 4,739 40,713
Inventories 2,395 342 3,042
Amounts due from related parties ¥ 9,241 $ 1,321 ¥ 7,258
Other Receivable, after Allowance for Credit Loss, Current, Related Party [Extensible Enumeration] us-gaap:RelatedPartyMember us-gaap:RelatedPartyMember us-gaap:RelatedPartyMember
Prepayments and other current assets ¥ 365,205 $ 52,224 ¥ 368,260
Total current assets 20,355,297 2,910,768 15,100,383
Non-current assets      
Long-term time deposits 782,460 111,890  
Long-term investments 1,898,178 271,436 1,914,530
Property, equipment and software, net 1,245,022 178,036 1,733,786
Right-of-use assets, net 161,452 23,087 302,856
Intangible assets, net 100,909 14,430 252,589
Goodwill 6,528 934 6,528
Deferred tax assets 18,168 2,598  
Total non-current assets 4,212,717 602,411 4,210,289
Total assets 24,568,014 3,513,179 19,310,672
Current liabilities      
Accounts payable 119,966 17,155 110,668
Deferred revenue 3,235,959 462,736 3,084,839
Other payables and accrued liabilities 921,319 131,747 815,767
Operating lease liabilities, current 94,016 13,444 180,782
Total current liabilities 4,371,260 625,082 4,192,056
Non-current liabilities      
Operating lease liabilities, non-current 64,027 9,156 121,345
Deferred tax liabilities 51,689 7,391 34,451
Total non-current liabilities 115,716 16,547 155,796
Total liabilities 4,486,976 641,629 4,347,852
Commitments and contingencies
Shareholders' equity      
Ordinary shares (US$0.0001 par value; 1,800,000,000 Class A ordinary shares and 200,000,000 Class B ordinary shares authorised; 761,663,103 Class A ordinary shares issued and 730,807,661 outstanding, 138,490,401 Class B ordinary shares issued and outstanding as of December 31, 2024; 836,223,103 Class A ordinary shares issued and 800,557,411 outstanding, 130,430,401 Class B ordinary shares issued and outstanding as of December 31, 2025) 618 88 571
Treasury shares (30,855,442 and 35,665,692 shares held as of December 31, 2024 and 2025, respectively) (203,993) (29,171) (1,519,708)
Additional paid-in capital 18,115,108 2,590,426 16,234,535
Statutory reserves 52,114 7,452 15,051
Accumulated other comprehensive income 842,701 120,505 1,054,562
(Accumulated deficit)/Retained earnings 1,224,227 175,062 (917,640)
Total KANZHUN LIMITED shareholders' equity 20,030,775 2,864,362 14,867,371
Non-controlling interests 50,263 7,188 95,449
Total shareholders' equity 20,081,038 2,871,550 14,962,820
Total liabilities and shareholders' equity ¥ 24,568,014 $ 3,513,179 ¥ 19,310,672