NYSE$ZIP

ZipRecruiter Inc. · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Announced fourth quarter and full year 2023 results.

ZipRecruiter reported Q4 results and full year 2023 results. The company's full-year revenue reached $645.7 million, with a net income of $49.1 million and an Adjusted EBITDA of $175.3 million.

  • ZipRecruiter delivered net income of $49 million and Adjusted EBITDA of $175 million in full year 2023.
  • Full-year net income margin was 8%.
  • Full-year Adjusted EBITDA margin was 27%.
  • Company will continue to invest in cutting edge technology to improve matching algorithms and products.

Headline financials

Total Revenue

$136M

Previous: $210M-35.4%
EPS (adj)

$0.05

Previous: $0.17-70.6%
Capital Expenditures

-$2.32M

Previous: $468K-596.2%
Net Income

$49M

Previous: $61.5M-20.3%
Operating Income

$13.3M

Previous: $28.4M-53.3%
Gross Profit

$120M

Previous: $189M-36.5%
R&D Expense

$31.1M

No prior period
Stock-Based Comp

$25.9M

Previous: $19.5M+33.1%

Revenue & EPS history

ZipRecruiter · Revenue · Quarterly

$136M

Q4 2023-35.4%vs Q4 2022
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 Q4 2023

Historical avgQ4 2023

-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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