Filing Flows › Ziprecruiter (ZIP) › Q4 2024
Ziprecruiter (ZIP) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Feb 25, 2025
Ziprecruiter (ZIP) reported revenue of $111M for the fourth quarter 2024 (Q4 2024), -18% from a year earlier and -5% from the quarter before. Operating margin was -3.6%, net loss $10.8M (9.7% of revenue).
Ziprecruiter, Q4 2024: revenue $111M (-18% year over year), operating margin -3.6%, net loss $10.8M, operating cash flow $12.5M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $111M | -5% | -18% |
| Operating profit | −$4.0M | — | — |
| Net earnings | −$10.8M | — | — |
| Operating cash flow | $12.5M | +34% | -64% |
| Free cash flow | $12.0M | +32% | -65% |
What changed
Revenue was $111.0M in Q4 2024, down 18% year over year and down 5% from the previous quarter. Subscription was the largest line at 77% of revenue.
Gross margin was 89.6%, down 0.4 points from a year earlier. Operating costs exceeded revenue by $4.0M, an operating margin of -3.6%. Operating expenses fell 5% while revenue fell 18%. The fastest-growing cost line was Sales & marketing (+11%). The quarter ended with a net loss of $10.8M, wider than the previous quarter's $2.6M loss.
Operating cash flow was $12.5M (down 64% year over year). Non-cash charges added back $3.2M of depreciation and amortization and $15.2M of share-based compensation. Working capital and other items added $4.9M. Capital expenditures of $449K left free cash flow of $12.0M.
Questions
What was Ziprecruiter's revenue in the fourth quarter 2024?
Ziprecruiter (ZIP) reported revenue of $111M for the fourth quarter 2024 (Q4 2024), -18% from a year earlier and -5% from the quarter before.
Was Ziprecruiter profitable in the fourth quarter 2024?
Operating loss was $4.0M (-3.6% of revenue) and net loss $10.8M.
Source: Ziprecruiter 10-K on SEC EDGAR.