Kanzhun Ltd cash flow statement

In fiscal 2025, Kanzhun Ltd's operations generated $633m of cash; it spent $16.6m on capital projects, leaving free cash flow of $617m. It returned $76.9m in dividends and $19.9m through buybacks.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Kanzhun Ltd: cash flow statement, annual
Fiscal year	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash from operations	−15	57	254	149	431	492	633
Depreciation and amortisation	3	6	12	21	37	65	72
Stock-based pay	5	18	65	103	149	159	127
Capital spending	9	20	40	51	135	119	17
Free cash flow	−25	37	214	99	296	373	617
Free cash flow after stock pay	−30	19	149	−4	146	214	490
Dividends paid	—	—	—	—	80	—	77
Share buybacks	0	0	2	137	10	230	20
Shares issued	0	11	0	—	—	—	279

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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Figures from Kanzhun Ltd's SEC filings (10-K and 10-Q), retrieved November 2, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Kanzhun Ltd.