NYSE$ZIP

ZipRecruiter Inc. · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

ZipRecruiter reported its fourth quarter and full year 2024 financial results, with quarterly revenue of $111.0 million and a full-year net loss of ($12.9) million.

ZipRecruiter announced its financial results for the fourth quarter and full year ended December 31, 2024. The company reported quarterly revenue of $111.0 million and a full-year revenue of $474.0 million. Despite a difficult hiring environment, ZipRecruiter delivered multiple improvements to its marketplace and managed down operating expenses while continuing to invest in product and technology.

  • Quarterly revenue reached $111.0 million.
  • Full-year revenue was $474.0 million.
  • Full-year net loss was ($12.9) million, representing a net loss margin of (3)%.
  • Full-year Adjusted EBITDA was $78.0 million, with an Adjusted EBITDA margin of 16%.

Headline financials

Total Revenue

$111M

Previous: $136M-18.3%
EPS (adj)

$0.00

Previous: $0.05-100.0%
Net Loss Margin

-3.0%

No prior period
Adjusted EBITDA

$78M

No prior period
Adjusted EBITDA Margin

16.0%

No prior period
Net Income

-$12.9M

Previous: $49M-126.2%
Operating Income

$0.00

Previous: $13.3M-100.0%

Revenue & EPS history

ZipRecruiter · Revenue · Quarterly

$111M

Q4 2024-18.3%vs Q4 2023
Beat estimate in 14 of 14 quarters(100%)
ActualEstimate

Forward guidance

ZipRecruiter enters 2025 with cautious optimism on improving revenue trends, with Q1 revenue guidance of $109 million at the midpoint, which is down 2% versus Q4’24. This decline is less severe than sequential declines in previous years.

Tailwinds

  • Cautious optimism on improving revenue trends from internal and external indicators.
  • Q1 revenue guidance of $109 million at the midpoint, a less severe sequential decline compared to prior years.
  • The company remains nimble, indicating adaptability to market changes.
  • A solid balance sheet provides a strong foundation to capture market share.
  • Continued focus on connecting people to opportunities, which is the core mission.

Headwinds

  • Q1 revenue guidance of $109 million at the midpoint is down 2% versus Q4’24.
  • The labor market downturn is protracted, indicating ongoing challenges.
  • Sequential revenue declines in Q1 2023 and 2024 were 13% and 10% respectively, highlighting a challenging trend.
  • The company operates in a difficult hiring environment.
  • Future results could be affected by various risks and uncertainties, including competition and macroeconomic factors.

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 2024

Historical avgQ4 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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