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Ziprecruiter (ZIP) earnings and revenue breakdown

Latest: Q2 2026 · 10-Q filed Aug 5, 2026 · Ziprecruiter (ZIP) Q2 2026 earnings results →

Q2 2026 Revenue up 5% year over year to $118M · 37¢ of every $1 of revenue kept as net profit · operating margin 3.5%

Ziprecruiter made $118M in Q2 2026 (+5% Y/Y): Subscription $89.9M, Performance-based $28.1M. Operating margin 3.5%, net earnings $43.4M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 5, 2026.

Revenue$118M
Year over year+5%
Operating margin3.5%
Net earnings$43.4M
Operating cash flow$15.4M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $118.1M in Q2 2026, up 5% year over year and up 10% from the previous quarter. Subscription was the largest line at 76% of revenue. Performance-based added $3.7M year over year (up 15%), 64% of the total change.

Gross margin was 89.3%, unchanged from Q2 2025. Operating profit was $4.1M, a 3.5% margin (up 9.4 points year over year). Operating expenses fell 5% while revenue rose 5%. Net earnings were $43.4M. The effective tax rate was 27.5%. Non-operating items added $55.7M, 93% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was $15.4M (up 46% year over year), 35% of net earnings. Non-cash charges added back $3.0M of depreciation and amortization and $7.4M of share-based compensation. Working capital and other items used $38.4M. Capital expenditures of $231K left free cash flow of $15.2M.

Quarterly history

Ziprecruiter revenue by quarterZiprecruiter revenue by quarter$111MQ4 2024$110MQ1 2025$112MQ2 2025$115MQ3 2025$112MQ4 2025$108MQ1 2026$118MQ2 2026
Ziprecruiter net earnings by quarterZiprecruiter net earnings by quarter−$10.8MQ4 2024−$12.8MQ1 2025−$9.5MQ2 2025−$9.8MQ3 2025−$835KQ4 2025−$4.7MQ1 2026$43.4MQ2 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q2 202610-QAug 5, 2026$118M+5%3.5%$43.4M$15.4M
Q1 202610-QMay 7, 2026$108M-2%-1.4%−$4.7M−$3.5M
Q4 202510-KFeb 25, 2026$112M+0.6%3.6%−$835K$7.7M
Q3 202510-QNov 5, 2025$115M-2%-4.4%−$9.8M$2.6M
Q2 202510-QAug 11, 2025$112M-9%-5.9%−$9.5M$10.5M
Q1 202510-QMay 8, 2025$110M-10%-10.6%−$12.8M−$9.9M
Q4 202410-KFeb 25, 2025$111M-18%-3.6%−$10.8M$12.5M

Charts

Ziprecruiter: revenue growth, year over year and quarter over quarterZiprecruiter: revenue growth, year over year and quarter over quarterY/YQ/Q-18%Q4 2024-10%-1%Q1 2025-9%+2%Q2 2025-2%+2%Q3 2025+1%-3%Q4 2025-2%-4%Q1 2026+5%+10%Q2 2026
Latest (Q2 2026): Y/Y +5%, Q/Q +10%.
Ziprecruiter: where the cash came from (+) and went (−), TTM to Q2 2026Ziprecruiter: where the cash came from (+) and went (−), TTM to Q2 2026Other financing−$231MOther investing$171MCash drawn (+) / kept (−)$71.4MBuybacks−$27.5MOperating cash flow$22.2MTaxes on employees’ shares−$6.2MCapital spending−$847KShares issued$716K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Ziprecruiter: profit against cash, quarter by quarterZiprecruiter: profit against cash, quarter by quarterNet incomeOperating cash flow−$2.6M$9.3MQ3 2024−$10.8M$12.5MQ4 2024−$12.8M−$9.9MQ1 2025−$9.5M$10.5MQ2 2025−$9.8M$2.6MQ3 2025−$835K$7.7MQ4 2025−$4.7M−$3.5MQ1 2026$43.4M$15.4MQ2 2026
Latest (Q2 2026): Net income $43.4M, Operating cash flow $15.4M.
Ziprecruiter: diluted shares by fiscal yearZiprecruiter: diluted shares by fiscal year94MFY2020115MFY2021121MFY2022106MFY202399MFY202490MFY2025
-4.6% since FY2020: buybacks shrank the count.
Ziprecruiter in its industry: growth against margin (51 companies, SIC 7370)Ziprecruiter in its industry: growth against margin (51 companies, SIC 7370)revenue growth, year over year →↑ operating marginmedian +9%median -1%GOOGLMETASPCXFLUTAPPSNAPZMPINSNIQMTCHSABRTTDRXTFDSTBLATRIPPPLITEMDOCNCSQRTEADEVERBMBLDVMGNIGRNDDSPHSTMNXDRPUBMHCATRUMBLNDCDLXSSTCEVAYYAIPODCIPMGOAIDJTCSAIIPDNCNETTWAVTRSOMITIRMXIGITSBBLRZIP (+5%, 4%)
Services-Computer Programming, Data Processing, Etc.; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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Customers and suppliers named in filings

Buys from

About Ziprecruiter

ZipRecruiter is committed to transforming the hiring experience. Rather than leaving job seekers to search in isolation or employers to sift through endless noise, ZipRecruiter replaces manual navigation and complex sourcing with intelligent, streamlined connections between job seekers and employers. Our AI-powered marketplace acts as a dedicated matchmaker. We empower both sides of the marketplace with sophisticated tools that curate the best opportunities for job seekers. We surface the most qualified and interested candidates for employers. Our use of AI technology to drive real conversations between job seekers and employers is one of the reasons we are the #1 rated job site in the U.S.

In its own words, from its 10-K, filed Feb 25, 2026.

Ziprecruiter against its Services-Computer Programming, Data Processing, Etc. peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +5% against the peers' median +14%. Operating margin: 3.5% against the peers' median 19.1%.

CompanyQuarterRevenueY/YOp. margin
ZIP ZiprecruiterQ2 2026$118M+5%3.5%
GOOGL AlphabetQ3 2026$127.6B+25%31.8%
META Meta PlatformsQ3 2026$64.6B+26%20.1%
SPCX Space Exploration TechnologiesQ3 2026$14.6B+161%19.1%
FLUT Flutter EntertainmentQ3 2026$3.9B+2%-30.7%
APP AppLovinQ3 2026$2.2B+56%78.2%
SNAP SnapQ3 2026$1.7B+14%4.5%
ZM Zoom CommunicationsQ2 FY27$1.3B+5%24.6%
PINS PinterestQ3 2026$1.2B+12%2.6%

Source: Ziprecruiter 10-Q on SEC EDGAR · CIK 1617553 · Services-Computer Programming, Data Processing, Etc.

13F: who owns ZIP and who is buying

Largest holders of ZIP (13F)Largest holders of ZIP (13F)BlackRock$32.9MVanguard Group$21.6MEdmond de Rothschild Holding S.A.$21.0MDisciplined Growth Investors$15.3MAQR Capital Management LLC$15.0MAcadian Asset Management LLC$10.9MVanguard Capital Management LLC$10.5MVanguard Portfolio Management LLC$9.2MMarshall Wace, LLP$7.6MRenaissance Technologies LLC$7.2M
Funds' net buying of ZIP by quarter (13F)Funds' net buying of ZIP by quarter (13F)−$151K2024-09−$4.9M2024-12$376K2025-03−$24.7M2025-06−$9.4M2025-09$2.9M2025-12−$4.7M2026-03$1.8M2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on ZIP

History

Every quarter: Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results · Q4 2024 results

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