| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 107.55 | 2.3% |
| Total Income | 107.55 | 2.3% |
| Expenditure | 109.10 | 10.4% |
| PBT | -5.57 | 59.4% |
| Net Profit | -4.74 | 63.1% |
| OPM | -1.44% | 9.16pp |
| NPM | -4.41% | 7.25pp |
| EPS | -0.06 | 53.9% |
ZipRecruiter Reports Q1 2026 Revenue of $107.5 Million
08 May 2026 · 8 May, 1:50 am
Summary
ZipRecruiter announced its financial results for the first quarter of 2026, reporting revenue of $107.5 million. The company experienced a net loss of $(4.7) million, translating to a net loss margin of (4)%. Adjusted EBITDA stood at $9.7 million, with an Adjusted EBITDA margin of 9%. The company's AI-powered matching technology drove a 37% increase in applications, and the 'Be Seen First' product showed strong adoption. CEO Ian Siegel noted the company's focus on driving meaningful conversations between job seekers and employers, positioning ZipRecruiter to capture market share in the AI era.
Key Highlights
- 1
ZipRecruiter's first quarter revenue reached $107.5 million.
- 2
The company reported a net loss of $(4.7) million for the quarter, resulting in a net loss margin of (4)%.
- 3
Adjusted EBITDA for the quarter was $9.7 million, representing an Adjusted EBITDA margin of 9%.
- 4
Application volume increased by 37% due to the next generation AI-powered matching technology.
- 5
Candidates using 'Be Seen First' were nearly 2x more likely to receive a message from employers.
- 6
Quarterly Paid Employers totaled 63.3K, remaining flat year-over-year.
- 7
The company repurchased 3.5 million shares for an aggregate purchase price of $9.4 million during the quarter.
Management Comments
Ian Siegel
“We started 2026 with disciplined execution, delivering Q1 results above the midpoint of our guidance. The pace of innovation across our marketplace is accelerating, with a focus on driving meaningful conversations between job seekers and employers,” “Our AI-powered matching technology enables us to move beyond identifying the right matches to actively driving engagement across our marketplace. With our cutting-edge technology, proprietary data, and enduring brand, we believe ZipRecruiter is well positioned to win in the AI era and capture market share.”
Informational and educational content only. Not investment advice.