Filing Flows › Ziprecruiter (ZIP) › Q1 2025
Ziprecruiter (ZIP) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Ziprecruiter (ZIP) reported revenue of $110M for the first quarter 2025 (Q1 2025), -10% from a year earlier and -0.9% from the quarter before. Operating margin was -10.6%, net loss $12.8M (11.7% of revenue).
Ziprecruiter, Q1 2025: revenue $110M (-10% year over year), operating margin -10.6%, net loss $12.8M, operating cash flow −$9.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $110M | -0.9% | -10% |
| Operating profit | −$11.7M | — | — |
| Net earnings | −$12.8M | — | — |
| Operating cash flow | −$9.9M | -179% | — |
What changed
Revenue was $110.1M in Q1 2025, down 10% year over year and down 1% from the previous quarter. Subscription was the largest line at 78% of revenue. Subscription lost $11.2M year over year (down 12%), 92% of the total change.
Gross margin was 89.4%, up 0.3 points from a year earlier. Operating costs exceeded revenue by $11.7M, an operating margin of -10.6%. Operating expenses grew 0% against a revenue fall of 10%. The quarter ended with a net loss of $12.8M, wider than the previous quarter's $10.8M loss.
Operating cash flow was −$9.9M. Non-cash charges added back $3.0M of depreciation and amortization and $14.6M of share-based compensation. Working capital and other items used $14.7M. Capital expenditures of $295K exceeded it, leaving free cash flow of −$10.2M.
Questions
What was Ziprecruiter's revenue in the first quarter 2025?
Ziprecruiter (ZIP) reported revenue of $110M for the first quarter 2025 (Q1 2025), -10% from a year earlier and -0.9% from the quarter before.
Was Ziprecruiter profitable in the first quarter 2025?
Operating loss was $11.7M (-10.6% of revenue) and net loss $12.8M.
Source: Ziprecruiter 10-Q on SEC EDGAR.