NYSE$ZIP

ZipRecruiter Inc. · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Announced fourth quarter and full year 2022 results.

ZipRecruiter reported a 4% year-over-year decrease in quarterly revenue, amounting to $210.5 million. However, the full-year revenue saw a 22% increase, reaching $904.6 million. The company's full-year net income was $61.5 million, representing a 7% net income margin.

  • Q4 revenue was $210.5 million, down 4% year-over-year.
  • Full-year revenue reached $904.6 million, up 22% year-over-year.
  • Full-year net income was $61.5M, resulting in a 7% net income margin.
  • Full-year Adjusted EBITDA was $184.9 million, with an Adjusted EBITDA margin of 20%.

Headline financials

Total Revenue

$210M

Previous: $220M-4.4%
EPS (adj)

$0.17

Previous: $0.16+6.3%
Capital Expenditures

$468K

Previous: $399K+17.3%
Free Cash Flow

$44M

Previous: $54M-18.5%
Net Income

$61.5M

Previous: $21M+193.0%
Operating Income

$28.4M

Previous: $25.5M+11.6%
Gross Profit

$189M

Previous: $200M-5.5%
Cash & Equivalents

$227M

Previous: $255M-10.7%
Total Assets

$715M

Previous: $399M+79.3%
Stock-Based Comp

$19.5M

Previous: $19.6M-0.8%

Revenue & EPS history

ZipRecruiter · Revenue · Quarterly

$210M

Q4 2022-4.4%vs Q4 2021
Beat estimate in 14 of 14 quarters(100%)
ActualEstimate

Forward guidance

ZipRecruiter anticipates challenging macroeconomic conditions will continue throughout the balance of the year. 2023 Adjusted EBITDA margin guidance of 24% reflects the ability to navigate dynamic macroeconomic environments while also continuing to invest in product and matching 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 Q4 2022

Historical avgQ4 2022

-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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