ZipRecruiter (ZIP) Q1 2026 Earnings Transcript
ZipRecruiter (ZIP) reported Q1 2026 earnings with revenue of $107.5 million, a 2% decline year-over-year, and a net loss of $4.7 million. Adjusted EBITDA was $9.7 million, exceeding guidance. The company maintained over 63,000 paid employers, with a revenue per employer of $1,698. The new AI engine increased job application volume by 37%. Q2 guidance anticipates revenue of $112 million and adjusted EBITDA of $13 million. Management expects flat revenue growth for 2026 but anticipates margin expansion. The hiring environment remains sluggish, impacting growth prospects.
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