ZIPRECRUITER, INC.

ZipRecruiter reported a significant turnaround in its second quarter of 2026, swinging to a net income of $43.4 million, or $0.53 diluted EPS, compared to a net loss in the prior year. This was largely driven by a $59.3 million gain on debt extinguishment. The company also saw a modest 5.2% increase in revenue to $118.1 million and substantially reduced its long-term borrowings by $291.5 million.

ZipRecruiter reported Q2 2026 revenue of $118.1 million, a 5% year-over-year increase, and net income of $43.4 million, or a 37% margin. Adjusted EBITDA reached $14.6 million, with a 12% margin. The company also repurchased $294.6 million of senior unsecured notes at a $65 million discount, significantly reducing its debt burden. Additionally, Carmen Chan was appointed as the new CFO, effective August 17, 2026.

ZipRecruiter, Inc. announced the appointment of Carmen Chan as its new Chief Financial Officer, effective August 17, 2026. Ms. Chan brings extensive experience from Barclays, Noom, and Goldman Sachs, advising technology and internet companies on financing and strategic transactions. Her compensation package includes an annual base salary of $500,000, a minimum $100,000 annual bonus, a $200,000 onboarding bonus, up to $100,000 in relocation reimbursements, and 650,000 restricted stock units. David Travers will transition from interim CFO to continue solely as the Company's President.

ZipRecruiter reported a significant reduction in net loss for Q1 2026, narrowing to $4.74 million from $12.83 million in the prior year. This improvement occurred despite a slight decrease in total revenue to $107.55 million. The company also saw a substantial increase in cash and cash equivalents, alongside reduced operating expenses and continued share repurchases.

ZipRecruiter, Inc. filed its definitive proxy statement for its 2026 Annual Meeting of Stockholders, scheduled for June 9, 2026. Stockholders will vote on the election of two Class II Directors, the ratification of PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2026, and an advisory vote on executive compensation. The meeting will be held virtually.

ZipRecruiter, Inc. announced its 2026 Annual Meeting of Stockholders will be held virtually on June 9, 2026. Stockholders will vote on the election of Brie Carere and Mike Gupta as Class II Directors, the ratification of PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2026, and an advisory vote on the compensation of Named Executive Officers. The Board of Directors unanimously recommends voting for all proposals.