Ziprecruiter Inc Financials
This page shows Ziprecruiter Inc (ZIP) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Stable gross margins mask a business whose shrinking scale no longer supports its fixed product spend and debt load.
Gross margin held near89.3% even as revenue fell to$449.0M , so the core squeeze is not at the gross-profit line but in costs below it. R&D stayed above$124.6M while annual interest ran about$29.6M , meaning lower sales no longer cover a cost base and financing load built for a larger business.
Short-term liquidity looks comfortable, with a current ratio of 6.3x and
Capital intensity is very low, with capex of just
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Ziprecruiter Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Ziprecruiter Inc has an operating margin of -4.3%, meaning the company retains $-4 of operating profit per $100 of revenue. This results in a moderate score of 33/100, indicating healthy but not exceptional operating efficiency. This is down from 0.3% the prior year.
Ziprecruiter Inc's revenue declined 5.3% year-over-year, from $474.0M to $449.0M. This contraction results in a growth score of 6/100.
Ziprecruiter Inc has elevated debt relative to equity (D/E of -7.06), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 1/100, reflecting increased financial risk.
With a current ratio of 6.33, Ziprecruiter Inc holds $6.33 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 93/100.
Ziprecruiter Inc has a free cash flow margin of 2.2%, earning a moderate score of 57/100. The company generates positive cash flow after capital investments, but with room for improvement.
Ziprecruiter Inc scores 1.58, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Ziprecruiter Inc passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Ziprecruiter Inc generates $-0.33 in operating cash flow ($11.0M OCF vs -$33.0M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Ziprecruiter Inc earns $-0.7 in operating income for every $1 of interest expense (-$19.4M vs $29.6M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Ziprecruiter Inc generated $449.0M in revenue in fiscal year 2025. This represents a decrease of 5.3% from the prior year.
Ziprecruiter Inc's EBITDA was -$6.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 150.9% from the prior year.
Ziprecruiter Inc reported -$33.0M in net income in fiscal year 2025. This represents a decrease of 156.7% from the prior year.
Ziprecruiter Inc earned $-0.37 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 184.6% from the prior year.
Cash & Balance Sheet
Ziprecruiter Inc generated $9.9M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 78.0% from the prior year.
Ziprecruiter Inc held $188.0M in cash against $544.8M in long-term debt as of fiscal year 2025.
Ziprecruiter Inc had 71M shares outstanding in fiscal year 2025.
Margins & Returns
Ziprecruiter Inc's gross margin was 89.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 0.2 percentage points from the prior year.
Ziprecruiter Inc's operating margin was -4.3% in fiscal year 2025, reflecting core business profitability. This is down 4.6 percentage points from the prior year.
Ziprecruiter Inc's net profit margin was -7.3% in fiscal year 2025, showing the share of revenue converted to profit. This is down 4.6 percentage points from the prior year.
Capital Allocation
Ziprecruiter Inc invested $124.6M in research and development in fiscal year 2025. This represents a decrease of 7.6% from the prior year.
Ziprecruiter Inc spent $102.1M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 153.1% from the prior year.
Ziprecruiter Inc invested $1.1M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 16.9% from the prior year.
ZIP Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $107.5M-3.7% | $111.7M-2.9% | $115.0M+2.5% | $112.2M+2.0% | $110.1M-0.9% | $111.0M-5.2% | $117.1M-5.3% | $123.7M |
| Cost of Revenue | $12.0M-1.4% | $12.1M-3.0% | $12.5M+4.6% | $12.0M+2.6% | $11.7M+1.3% | $11.5M-7.1% | $12.4M-4.3% | $12.9M |
| Gross Profit | $95.6M-4.0% | $99.5M-2.9% | $102.5M+2.2% | $100.3M+1.9% | $98.4M-1.1% | $99.5M-5.0% | $104.7M-5.4% | $110.7M |
| R&D Expenses | $26.1M-8.0% | $28.4M-8.1% | $30.9M-3.9% | $32.1M-3.5% | $33.3M+4.8% | $31.7M-5.8% | $33.7M+1.2% | $33.3M |
| SG&A Expenses | $16.0M+1.7% | $15.8M-5.6% | $16.7M-0.5% | $16.8M-8.6% | $18.3M+7.5% | $17.1M-11.6% | $19.3M+16.9% | $16.5M |
| Operating Income | -$1.5M-138.7% | $4.0M+179.6% | -$5.0M+24.5% | -$6.7M+42.9% | -$11.7M-190.6% | -$4.0M-24.0% | -$3.2M-134.4% | $9.4M |
| Interest Expense | $7.4M+0.2% | $7.4M+0.3% | $7.4M+0.1% | $7.4M+0.1% | $7.4M-0.2% | $7.4M-0.9% | $7.5M+1.5% | $7.4M |
| Income Tax | -$836K-162.1% | $1.3M-10.7% | $1.5M+280.8% | $396K+145.3% | -$875K-119.8% | $4.4M+341.9% | -$1.8M-381.9% | $647K |
| Net Income | -$4.7M-467.4% | -$835K+91.5% | -$9.8M-3.3% | -$9.5M+25.9% | -$12.8M-18.9% | -$10.8M-320.0% | -$2.6M-136.6% | $7.0M |
| EPS (Diluted) | $-0.06 | N/A | $-0.11-10.0% | $-0.10+23.1% | $-0.13 | N/A | $-0.03-142.9% | $0.07 |
ZIP Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $551.2M-3.2% | $569.7M-0.7% | $573.6M-3.2% | $592.4M-5.9% | $629.4M-5.2% | $664.1M+1.8% | $652.0M-2.0% | $665.3M |
| Current Assets | $431.5M-3.9% | $448.9M-0.2% | $449.8M-2.2% | $459.7M-9.3% | $506.9M-6.8% | $543.7M-0.1% | $544.4M-4.3% | $568.6M |
| Cash & Equivalents | $251.0M+33.5% | $188.0M-11.2% | $211.8M+4.1% | $203.5M-8.0% | $221.1M+1.2% | $218.4M-3.2% | $225.6M-17.0% | $271.7M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $23.9M-6.9% | $25.7M+3.2% | $24.9M-3.5% | $25.8M+3.9% | $24.8M+5.8% | $23.5M-3.5% | $24.3M-12.6% | $27.8M |
| Goodwill | $8.5M0.0% | $8.5M0.0% | $8.5M0.0% | $8.5M0.0% | $8.5M+0.2% | $8.5M-0.2% | $8.5M+394.1% | $1.7M |
| Total Liabilities | $635.0M-1.8% | $646.9M-0.4% | $649.7M-1.3% | $658.3M+2.7% | $640.7M-1.5% | $650.6M+1.9% | $638.4M-0.4% | $640.8M |
| Current Liabilities | $59.3M-16.3% | $70.9M-5.9% | $75.3M-10.1% | $83.7M+15.9% | $72.3M-11.5% | $81.6M+11.0% | $73.5M-3.0% | $75.8M |
| Long-Term Debt | $545.1M+0.1% | $544.8M+0.1% | $544.5M+0.1% | $544.2M+0.1% | $543.9M+0.1% | $543.6M+0.1% | $543.4M0.0% | $543.1M |
| Total Equity | -$83.8M-8.5% | -$77.2M-1.4% | -$76.1M-15.6% | -$65.9M-481.6% | -$11.3M-184.3% | $13.4M-1.2% | $13.6M-44.4% | $24.4M |
| Retained Earnings | -$83.1M-8.5% | -$76.6M-1.3% | -$75.6M-15.8% | -$65.2M-109.0% | -$31.2M-69.8% | -$18.4M-142.2% | -$7.6M-51.2% | -$5.0M |
ZIP Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$3.5M-145.2% | $7.7M+195.4% | $2.6M-75.2% | $10.5M+206.4% | -$9.9M-179.4% | $12.5M+33.7% | $9.3M-57.3% | $21.9M |
| Capital Expenditures | $140K+37.3% | $102K-72.7% | $374K+21.8% | $307K+4.1% | $295K-34.3% | $449K+136.3% | $190K+21.0% | $157K |
| Free Cash Flow | -$3.6M-147.6% | $7.6M+240.2% | $2.2M-78.2% | $10.2M+200.3% | -$10.2M-184.8% | $12.0M+31.5% | $9.2M-57.8% | $21.7M |
| Investing Cash Flow | $76.7M+452.3% | -$21.8M-218.5% | $18.4M-37.6% | $29.4M-24.6% | $39.1M+362.0% | -$14.9M+53.0% | -$31.7M-50.3% | -$21.1M |
| Financing Cash Flow | -$10.3M-6.0% | -$9.7M+23.2% | -$12.6M+78.1% | -$57.6M-117.4% | -$26.5M-455.6% | -$4.8M+79.9% | -$23.7M-104.8% | -$11.6M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $9.5M+19.2% | $8.0M-20.1% | $10.0M-82.3% | $56.6M+106.1% | $27.5M+913.5% | $2.7M-88.0% | $22.6M+162.0% | $8.6M |
ZIP Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 88.9%-0.3pp | 89.1%0.0pp | 89.1%-0.2pp | 89.3%-0.1pp | 89.4%-0.2pp | 89.6%+0.2pp | 89.4%-0.1pp | 89.5% |
| Operating Margin | -1.4%-5.0pp | 3.6%+8.0pp | -4.4%+1.6pp | -5.9%+4.7pp | -10.6%-7.0pp | -3.6%-0.9pp | -2.8%-10.4pp | 7.6% |
| Net Margin | -4.4%-3.7pp | -0.8%+7.8pp | -8.5%-0.1pp | -8.5%+3.2pp | -11.7%-1.9pp | -9.7%-7.5pp | -2.2%-7.9pp | 5.7% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | -80.4%-61.5pp | -18.9%-47.6pp | 28.7% |
| Return on Assets | -0.9%-0.7pp | -0.1%+1.6pp | -1.7%-0.1pp | -1.6%+0.4pp | -2.0%-0.4pp | -1.6%-1.2pp | -0.4%-1.4pp | 1.1% |
| Current Ratio | 7.27+0.9 | 6.33+0.4 | 5.97+0.5 | 5.49-1.5 | 7.02+0.4 | 6.66-0.7 | 7.41-0.1 | 7.50 |
| Debt-to-Equity | -6.51+0.5 | -7.06+0.1 | -7.15+1.1 | -8.26+39.8 | -48.02-88.5 | 40.48+0.5 | 39.98+17.8 | 22.23 |
| FCF Margin | -3.4%-10.2pp | 6.8%+4.9pp | 1.9%-7.2pp | 9.1%+18.4pp | -9.3%-20.1pp | 10.8%+3.0pp | 7.8%-9.7pp | 17.5% |
Note: Shareholder equity is negative (-$77.2M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Similar Companies
Frequently Asked Questions
What is Ziprecruiter Inc's annual revenue?
Ziprecruiter Inc (ZIP) reported $449.0M in total revenue for fiscal year 2025. This represents a -5.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Ziprecruiter Inc's revenue growing?
Ziprecruiter Inc (ZIP) revenue declined by 5.3% year-over-year, from $474.0M to $449.0M in fiscal year 2025.
Is Ziprecruiter Inc profitable?
No, Ziprecruiter Inc (ZIP) reported a net income of -$33.0M in fiscal year 2025, with a net profit margin of -7.3%.
What is Ziprecruiter Inc's EBITDA?
Ziprecruiter Inc (ZIP) had EBITDA of -$6.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Ziprecruiter Inc have?
As of fiscal year 2025, Ziprecruiter Inc (ZIP) had $188.0M in cash and equivalents against $544.8M in long-term debt.
What is Ziprecruiter Inc's gross margin?
Ziprecruiter Inc (ZIP) had a gross margin of 89.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Ziprecruiter Inc's operating margin?
Ziprecruiter Inc (ZIP) had an operating margin of -4.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Ziprecruiter Inc's net profit margin?
Ziprecruiter Inc (ZIP) had a net profit margin of -7.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Ziprecruiter Inc's free cash flow?
Ziprecruiter Inc (ZIP) generated $9.9M in free cash flow during fiscal year 2025. This represents a -78.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Ziprecruiter Inc's operating cash flow?
Ziprecruiter Inc (ZIP) generated $11.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Ziprecruiter Inc's total assets?
Ziprecruiter Inc (ZIP) had $569.7M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Ziprecruiter Inc's capital expenditures?
Ziprecruiter Inc (ZIP) invested $1.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Ziprecruiter Inc spend on research and development?
Ziprecruiter Inc (ZIP) invested $124.6M in research and development during fiscal year 2025.
What is Ziprecruiter Inc's current ratio?
Ziprecruiter Inc (ZIP) had a current ratio of 6.33 as of fiscal year 2025, which is generally considered healthy.
What is Ziprecruiter Inc's debt-to-equity ratio?
Ziprecruiter Inc (ZIP) had a debt-to-equity ratio of -7.06 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Ziprecruiter Inc's return on assets (ROA)?
Ziprecruiter Inc (ZIP) had a return on assets of -5.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Why is Ziprecruiter Inc's debt-to-equity ratio negative or unusual?
Ziprecruiter Inc (ZIP) has negative shareholder equity of -$77.2M as of fiscal year 2025, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Ziprecruiter Inc's Altman Z-Score?
Ziprecruiter Inc (ZIP) has an Altman Z-Score of 1.58, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Ziprecruiter Inc's Piotroski F-Score?
Ziprecruiter Inc (ZIP) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Ziprecruiter Inc's earnings high quality?
Ziprecruiter Inc (ZIP) has an earnings quality ratio of -0.33x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Ziprecruiter Inc cover its interest payments?
Ziprecruiter Inc (ZIP) has an interest coverage ratio of -0.7x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Ziprecruiter Inc?
Ziprecruiter Inc (ZIP) scores 37 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.