Companies · ZIP
ZipRecruiter
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Latest analysis
Updated Aug 5, 2026
ZipRecruiter Q2 2026: Revenue beats guidance by $6M, debt load cut by half via discounted note repurchase, full-year outlook raised to low-single-digit growth.
ZipRecruiter delivered Q2 2026 revenue of $118.1 million, 5% above the prior year period and $6 million ahead of guidance midpoint, driven by a 7% year-over-year increase in Quarterly Paid Employers to 70,721. The more consequential Q2 event was the repurchase of $294.6 million in senior unsecured notes at a $65 million discount to par, retiring over half the outstanding debt load and generating a $59.3 million GAAP gain that swung net income to $43.4 million from a $(9.5) million loss in Q2 2025. Full-year guidance was raised from flat revenue to low-single-digit growth with Adjusted EBITDA margins of 12-14%, a meaningful step up from 9% in 2025, signaling that management believes product-driven marketplace momentum is now durable enough to absorb continued S&M investment while expanding profitability.
Tone: bullishRevenue
$449M
ZIP 10-K · FY 2025
Employees
800
Revenue FY2024
$474M
EBITDA margin
12%
Profile
ZIP 10-K Item 1 · Feb 25, 2026ZipRecruiter operates an AI-powered two-sided marketplace connecting job seekers and employers. The platform uses machine learning and proprietary data from billions of user interactions to match candidates with open roles, and generates revenue primarily from employer subscription and performance-based job posting fees. Job seekers use the platform at no cost.
Read filing description ↓ Collapse description ↑
ZipRecruiter is committed to transforming the hiring experience. Rather than leaving job seekers to search in isolation or employers to sift through endless noise, ZipRecruiter replaces manual navigation and complex sourcing with intelligent, streamlined connections between job seekers and employers. Our AI-powered marketplace acts as a dedicated matchmaker. We empower both sides of the marketplace with sophisticated tools that curate the best opportunities for job seekers. We surface the most qualified and interested candidates for employers. Our use of AI technology to drive real conversations between job seekers and employers is one of the reasons we are the #1 rated job site in the U.S. We generate substantially all of our revenue from fees paid by employers to post jobs and access other features in our marketplace. We offer our employers flat rate pricing on terms typically ranging from a day to a year, or performance-based pricing, such as cost-per-click, to align with each employer's hiring needs. ZipRecruiter is free to use for job seekers. Job seekers come to ZipRecruiter in search of their next opportunity. After establishing a profile, job seekers are able to apply to jobs with a single click. Our artificial intelligence-powered platform curates jobs and helps job seekers discover new opportunities and stand out to employers. As our matching technology learns more about job seekers' preferences and attributes, our technology offers increasingly higher quality matches between job seekers and employers. We plan to continue to invest aggressively in our marketplace to improve functionality and drive growth for the foreseeable future.
Primary products
- ZipRecruiter Marketplace
- ZipRecruiter Applicant Tracking System (ATS)
- Phil (AI-powered career advisor)
- Job Distribution Partner Network
- One-click application technology
- Subscription job posting plans
End markets
Geographies
Named competitors
“We compete in varying degrees with other online job sites including Craigslist, Glassdoor, Google, Indeed, LinkedIn, Meta and hundreds of others.” Competitive position, as stated in the filing
Revenue commentary · FY 2025
Revenue declined from $474.0 million in 2024 to $449.0 million in 2025, reflecting continued softness in labor market hiring demand.
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