ZipRecruiter, Inc. operates an online marketplace that connects job seekers and employers in the United States and internationally. Its two-sided marketplace allows employers to post jobs and access other features, and enables job seekers to apply to jobs with a single click. The company was incorporated in 2010 and is headquartered in Santa Monica, California.
ZipRecruiter economist forecasts 50-80k August jobs, unemployment steady
ZipRecruiter labor economist Nicole Bachaud expects the August jobs report to show positive growth of 50,000 to 80,000 jobs, higher than July's figure, with unemployment likely holding around 4.1 to 4.2 percent. Bachaud notes that both labor supply and demand are falling, as an aging population, declining immigration, and discouraged workers reduce the workforce, while inflation and high interest rates dampen employer hiring. A ZipRecruiter survey finds 42 percent of job seekers say plentiful jobs they want aren't available, 55 percent say employers have the upper hand, and two-thirds feel financial pressure to accept the first offer, up from the first quarter. Bachaud says wage growth trailing inflation is eroding purchasing power, making job seekers more cautious about switching jobs and more willing to accept a paycheck even if the job isn't a perfect fit.
ZIP · Demand · Negative Survey shows job seekers face financial pressure and accept first offers, indicating weaker demand for ZipRecruiter's services.
ZipRecruiter Q2 revenue rises 5% to $118.1 million, raises second-half outlook
ZipRecruiter reported second-quarter revenue of $118.1 million, up 5% year over year and exceeding guidance by about $6 million, while adjusted EBITDA reached $14.6 million for a 12% margin. Net income was $43.4 million, aided by a gain from the discounted repurchase of $294.6 million of senior notes for $229.4 million, retiring more than half of the outstanding debt. Quarterly paid employers grew 7% to over 70,000, though revenue per paid employer dipped 1% to $1,669. Product improvements drove a 34% sequential increase in qualified applications and doubled employer response rates, and the company raised its second-half outlook to low-single-digit revenue growth with third-quarter revenue expected at $121 million at the midpoint.
ZipRecruiter reports Q2 loss of $0.04 per share, beats revenue estimates
ZipRecruiter, Inc. reported a second-quarter loss of $0.04 per share, beating the Zacks Consensus Estimate of a loss of $0.06 per share and improving from a loss of $0.10 per share a year ago. Revenue came in at $118.06 million, surpassing the consensus estimate by 5.41% and up from $112.23 million in the prior-year quarter. The company has exceeded consensus earnings per share estimates in each of the last four quarters and topped revenue estimates three times over that period. Shares have gained about 15.1% year to date, outperforming the S&P 500's 13% advance. The current Zacks Rank for ZipRecruiter is #3 (Hold), with consensus estimates for the coming quarter at a loss of $0.01 per share on $115.65 million in revenue.
ZipRecruiter appoints Carmen Chan as chief financial officer
ZipRecruiter has appointed Carmen Chan as its new chief financial officer, effective August 17, 2026. Chan joins from Barclays, where she was a managing director advising technology and internet companies. Dave Travers will remain president but will step down as interim CFO once Chan assumes the role.
Zacks Highlights UL Solutions, Willdan Group, and ZipRecruiter as Top Business Services Stocks
Zacks Investment Research identifies UL Solutions, Willdan Group, and ZipRecruiter as three business services stocks well-positioned for near-term growth amid a prospering industry driven by AI adoption and strong service activities. The Zacks Business-Services industry, which carries a Zacks Industry Rank of 108, has underperformed the broader market over the past year, declining 34.1% compared to the S&P 500's 23.9% gain, and currently trades at a forward price-to-earnings ratio of 13.31. UL Solutions is expanding its global platform with new testing facilities and AI-powered software, with its 2026 consensus earnings estimate rising 3.2% to $2.26 per share. Willdan Group has secured multiple contracts including a $100 million extension with Southern California Edison and a $54 million modernization project, and its recent acquisition of Burton Energy Group is expected to boost 2026 earnings, with the consensus estimate increasing 8.3% to $4.94 per share. ZipRecruiter is enhancing its AI-powered hiring tools and resume database, and its 2026 consensus loss per share has narrowed by 50% to 8 cents.
WLDN · Demand · Positive Secured multiple contracts including a $100 million extension and a $54 million modernization project, plus acquisition expected to boost earnings.
ULS · Technology · Positive Expanding global platform with new testing facilities and AI-powered software, with 2026 consensus earnings estimate rising 3.2%.
ZIP · Technology · Positive Enhancing AI-powered hiring tools and resume database, with 2026 consensus loss per share narrowing by 50%.
ZipRecruiter Stock Gains 100% in 12 Weeks, Still Attractively Priced
ZipRecruiter shares have surged 100% over the past 12 weeks and 25.4% in the last four weeks, yet the stock remains attractively priced at 0.74 times sales. The company carries a Momentum Score of B and a Zacks Rank #2 (Buy), supported by upward earnings estimate revisions. With a beta of 1.43, the stock has moved 43% more than the market in either direction, reflecting fast-paced momentum. Analysts note that despite the rapid price appreciation, the valuation suggests room for further gains.
ZIP · Capital · Positive Stock surged 100% in 12 weeks, still attractively priced at 0.74x sales, with upward earnings estimate revisions and Zacks Rank #2 (Buy).
ZipRecruiter to repurchase $295 million of senior notes at a discount
ZipRecruiter has entered into privately negotiated agreements to repurchase approximately $295 million in principal amount of its 5% senior unsecured notes due 2030 for about $230 million, capturing a $65 million discount to par value. The transactions will be paid in cash from the company's balance sheet and are closing on a rolling basis, with final closings expected by June 30, 2026. Following the repurchases, roughly $255 million of the originally issued $550 million in notes will remain outstanding, continuing to accrue interest at 5% per annum and maturing in January 2030. CEO Ian Siegel said the move retires over half of the outstanding debt at a significant discount, reducing the debt burden while preserving a strong cash position and enhancing financial flexibility.
United States