Key Highlights

● Second-quarter Revenue rose 14.1% to RMB2,398.6 million.

● Adjusted Net Income rose 9.4% to RMB1,029.2 million.

● Average monthly active users reached 70.2 million, up 10.4%.

● The company completed more than US$300 million of share repurchases year to date.

Kanzhun Limited (NASDAQ:BZ), operator of the BOSS Zhipin online recruitment platform in China, is on investors' radar as its Capital return program continues alongside a growing user base. In its second-quarter 2026 report, the company announced an annual Cash Dividend and said it had completed more than US$300 million of share repurchases year to date.

Latest Company Context

Kanzhun reported second-quarter 2026 results on August 25, 2026. Revenue was RMB2,398.6 million (US$353.5 million), up 14.1% from RMB2,102.4 million. Net income was RMB1,942.3 million, up 173.1%, but the increase was largely driven by Investment gains of RMB1,099.6 million net of tax. Adjusted net income was RMB1,029.2 million, up 9.4%, and adjusted income from operations rose 19.2% to RMB1,049.7 million. Average monthly active users reached 70.2 million, up 10.4%, and paid enterprise customers were 7.2 million, up 10.8%. Operating Cash Flow was RMB944.8 million, down 10.2%.

Management guided third-quarter 2026 revenue to RMB2.41 billion to RMB2.50 billion, which implies year-over-year growth of 11.4% to 15.6%.

Key Business and index Drivers

Hiring Demand in China is the underlying driver, since Kanzhun earns revenue mainly from employers paying to reach Job seekers. User and customer growth in the high single to low double digits suggests continued engagement, while the divergence between reported and adjusted profit shows why investors may focus on core operating measures.

Capital returns are the second driver. The company announced an annual dividend of about US$230 million, or US$0.510 per ADS, with a September 28 record date. The buyback authorization is up to US$400 million through August 28, 2027. Kanzhun also set a Shareholder return plan of at least 50% of prior-year adjusted net income through dividends and Buybacks for each of the next three years starting in 2026. Whether that pace continues depends on Earnings and cash flow.

What Investors Should Watch

Investors may watch the announcement of the third-quarter reporting date and whether revenue lands within the RMB2.41 billion to RMB2.50 billion guidance range. Other items include monthly active users, paid customer growth, Operating Margin trends and the decline in operating cash flow noted in the second quarter. Management commentary on China's hiring environment, competition among recruitment platforms, regulatory developments and further buyback activity could also be relevant. Currency movements between the renminbi and the dollar may affect reported US dollar figures.

Buybacks Meet Hiring Demand

Kanzhun combines double-digit revenue growth guidance with a defined shareholder return framework, while its headline profit swings reflect non-operating gains. The next report may show whether growth and margins remain on track, though results depend on a variable labor market.