NYSE$ZIP

ZipRecruiter Inc. · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

Reported a quarterly revenue of $123.7 million and a net income of $7.0 million.

ZipRecruiter announced its Q2 2024 financial results, reporting a revenue of $123.7 million and a net income of $7.0 million, with an Adjusted EBITDA margin of 23%.

  • Reported quarterly revenue of $123.7 million.
  • Achieved a quarterly net income of $7.0 million, representing a net income margin of 6%.
  • Adjusted EBITDA for the quarter was $27.8 million, resulting in an Adjusted EBITDA margin of 23%.
  • The company is investing in product and technology initiatives.

Headline financials

Total Revenue

$124M

Previous: $170M-27.4%
EPS

$0.07

Previous: $0.14-50.0%
Adjusted EBITDA

$27.8M

Previous: $43.3M-35.7%
Adjusted EBITDA Margin

23.0%

Previous: 25.0%-8.0%
Capital Expenditures

-$283K

Previous: -$452K+37.4%
Free Cash Flow

$6.73M

Previous: $13.9M-51.7%
Net Income

$7.01M

Previous: $14.4M-51.2%
Operating Income

$9.42M

Previous: $22.5M-58.2%
Gross Profit

$111M

Previous: $155M-28.5%
Cash & Equivalents

$272M

Previous: $239M+13.8%
Total Assets

$665M

Previous: $634M+4.9%
R&D Expense

$33.3M

No prior period
Stock-Based Comp

$15.6M

Previous: $17.6M-11.6%

Revenue & EPS history

ZipRecruiter · Revenue · Quarterly

$124M

Q2 2024-27.4%vs Q2 2023
Beat estimate in 14 of 14 quarters(100%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2024

Historical avgQ2 2024

-4.1%

Avg return

Earnings day

-5.6%

Avg return

5 days after

-5.1%

Avg return

30 days after

38%

9 / 24 earnings

Positive

+18.7%

Q3 2024

Best reaction

-24.5%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.3%+18.9%+1.6%
Q4 2025-24.5%-29.5%-31.5%
Q3 2025+4.9%+13.5%+31.7%
Q1 2025-23.6%-9.6%+9.5%
Q4 2024-15.9%-17.7%-14.1%
Q3 2024+18.7%+17.9%-12.8%
Q2 2024+7.0%-1.2%+18.3%
Q1 2024-11.6%-8.4%-13.4%
Q4 2023-7.2%-10.8%-15.3%
Q3 2023-2.0%+0.3%+15.5%
Q2 2023-8.6%-3.4%-12.6%
Q1 2023-4.4%-13.6%-6.6%
Q4 2022-24.4%-27.1%-36.8%
Q3 2022+14.6%+9.1%+9.0%
Q2 2022-5.7%-21.6%-9.1%
Q1 2022+5.8%+9.7%-4.4%
Q4 2019-5.0%-8.5%+8.0%
Q4 2021+7.8%+2.4%+15.0%
Q3 2020+3.2%+5.7%-11.7%
Q3 2021+3.8%+7.1%-8.4%
Q1 2021-10.6%-18.3%-13.7%
Q2 2020-10.6%-18.3%-13.7%
Q4 2020-10.6%-18.3%-13.7%
Q2 2021+0.6%-12.9%-12.8%
Q1 2020

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