ZipRecruiter (NYSE:ZIP) Posts Quarterly Earnings Results, Beats Estimates By $0.17 EPS

Posted by Brenda Bartman on Nov 9th, 2026

ZipRecruiter (NYSE:ZIP – Get Free Report) issued its earnings results on Monday. The company reported $0.06 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.17, FiscalAI reports. The firm had revenue of $124.44 million for the quarter.

Here are the key takeaways from ZipRecruiter’s conference call:

Revenue growth accelerated: Q3 revenue rose 8% year over year to $124.4 million, and management forecast Q4 growth of 6%–9% and full-year growth of 4%–5%. Executives attributed the improvement to product changes and more efficient marketing, while noting that hiring demand remains subdued.
Marketplace engagement reached new highs: Quarterly Paid Employers grew 10% year over year to 74,000, while job seekers applying rose 10% and average applications per job seeker increased 24%. Qualified applications grew 49% quarter over quarter, and employer response rates per application tripled year over year.
Profitability improved substantially: Adjusted EBITDA was $20.8 million, a 17% margin and 9 percentage points above the year-ago margin. Full-year adjusted EBITDA guidance implies a 13%–14% margin, compared with 9% in 2025, supported by operating leverage and cost discipline.
Revenue per paid employer declined: The metric fell 2% year over year to $1,683, which the CFO attributed to new and returning employers contributing only part of the quarter’s revenue. Management also cited a low-hire, low-fire labor market and a typical seasonal hiring slowdown in Q4.

ZipRecruiter Trading Up 14.2%

ZIP stock traded up $0.54 during trading hours on Monday, hitting $4.29. 1,089,040 shares of the stock were exchanged, compared to its average volume of 970,029. The firm has a market capitalization of $353.16 million, a P/E ratio of 12.27 and a beta of 1.54. The company has a 50-day simple moving average of $4.04 and a two-hundred day simple moving average of $3.38. ZipRecruiter has a 12 month low of $1.65 and a 12 month high of $5.61.

Insider Transactions at ZipRecruiter

In related news, President David Travers sold 24,705 shares of the firm’s stock in a transaction dated Friday, September 18th. The shares were sold at an average price of $3.66, for a total transaction of $90,420.30. Following the transaction, the president directly owned 1,252,219 shares of the company’s stock, valued at approximately $4,583,121.54. This trade represents a 1.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Boris F. Shimanovsky sold 30,000 shares of the firm’s stock in a transaction dated Wednesday, November 4th. The stock was sold at an average price of $4.70, for a total transaction of $141,000.00. Following the transaction, the executive vice president directly owned 408,975 shares in the company, valued at approximately $1,922,182.50. This represents a 6.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 151,318 shares of company stock worth $608,431 over the last ninety days. Corporate insiders own 19.85% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in ZIP. Militia Capital Management LLC acquired a new position in ZipRecruiter in the 1st quarter valued at $399,000. Readystate Asset Management LP bought a new stake in shares of ZipRecruiter during the 1st quarter valued at $347,000. Hsbc Holdings PLC lifted its position in shares of ZipRecruiter by 30.6% during the 4th quarter. Hsbc Holdings PLC now owns 208,392 shares of the company’s stock valued at $808,000 after acquiring an additional 48,881 shares during the period. Ritholtz Wealth Management acquired a new stake in shares of ZipRecruiter during the 3rd quarter worth $39,000. Finally, State of Wyoming increased its position in shares of ZipRecruiter by 458.9% in the third quarter. State of Wyoming now owns 123,918 shares of the company’s stock worth $435,000 after purchasing an additional 101,748 shares during the period. 70.55% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on ZIP. The Goldman Sachs Group raised their target price on shares of ZipRecruiter from $3.50 to $5.00 and gave the company a “neutral” rating in a research note on Thursday, August 6th. Wall Street Zen cut ZipRecruiter from a “strong-buy” rating to a “buy” rating in a report on Saturday. UBS Group boosted their price target on ZipRecruiter from $4.00 to $4.50 and gave the stock a “neutral” rating in a research report on Wednesday, July 22nd. Finally, Weiss Ratings upgraded ZipRecruiter from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, October 27th. Four investment analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $4.17.

Get Our Latest Report on ZipRecruiter

ZipRecruiter Company Profile

(Get Free Report)

ZipRecruiter, Inc operates an online employment marketplace that connects businesses with job seekers. Its platform enables employers to create and distribute job postings across a broad network of online channels, while helping candidates search for available positions and apply for roles.

The company uses technology and matching tools to recommend relevant candidates to employers and suitable job opportunities to job seekers. Its services are designed for businesses of various sizes, including small and midsize employers, as well as staffing firms and larger organizations.

ZipRecruiter was founded in 2010 by Ian Siegel, Joe Edmonds, Ward Poulos and Will Kinnear.