NYSE$ZIP

ZipRecruiter Inc. · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Announced third quarter results with revenue of $117.1 million and a net loss of ($2.6) million.

ZipRecruiter reported Q3 2024 results with revenue of $117.1 million and a net loss of $2.6 million. The company's Board of Directors authorized a $100 million increase to its share repurchase program.

  • Quarterly revenue was $117.1 million.
  • Quarterly net loss was ($2.6) million, resulting in a net loss margin of (2)%.
  • Adjusted EBITDA was $15.0 million, with an Adjusted EBITDA margin of 13%.
  • The company increased its share repurchase program authorization by $100 million.

Headline financials

Total Revenue

$117M

Previous: $156M-24.8%
EPS

-$0.03

Previous: $0.23-113.0%
Adjusted EBITDA

$15M

Previous: $54.4M-72.4%
Adjusted EBITDA Margin

13.0%

Previous: 35.0%-62.9%
Capital Expenditures

-$473K

Previous: -$809K+41.5%
Free Cash Flow

-$3.04M

Previous: $23.3M-113.1%
Net Income

-$2.57M

Previous: $24.1M-110.7%
Operating Income

-$3.24M

Previous: $32.7M-109.9%
Gross Profit

$105M

Previous: $141M-25.8%
Cash & Equivalents

$226M

Previous: $243M-7.3%
Total Assets

$652M

Previous: $643M+1.4%
R&D Expense

$33.7M

Previous: $32.1M+4.9%
Stock-Based Comp

$15M

Previous: $19.1M-21.3%

Revenue & EPS history

ZipRecruiter · Revenue · Quarterly

$117M

Q3 2024-24.8%vs Q3 2023
Beat estimate in 14 of 14 quarters(100%)
ActualEstimate

Forward guidance

The release contains forward-looking statements regarding expected hiring activity and ZipRecruiter's market share, the long term health of the U.S. labor market, and ZipRecruiter's investment in product and technology.

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 Q3 2024

Historical avgQ3 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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