ZipRecruiter reports Q2 adjusted EBITDA $9.3M

Reports Q2 revenue $112.2M, consensus $111.7M. “While the broader labor market remains soft, ZipRecruiter’s (ZIP) financial performance shows early signs of momentum. Quarterly Paid Employers have grown sequentially since Q4’24, and the midpoint of our guidance would mark the first time since 2021 that revenue grows sequentially from Q2 to Q3. These trends reinforce our belief that a return to modest year-over-year revenue growth in the fourth quarter is an increasingly likely scenario,” said Ian Sigel, CEO of ZipRecruiter. “Through the past three years of this historically challenged labor market, ZipRecruiter has continuously improved our product for both sides of the marketplace, leveraging our brand and financial strength to operate with a long-term focus. We believe we are well-positioned to emerge from this period as a stronger company, poised to capture outsized market share with both employers and job seekers in the years ahead.”