ZipRecruiter, Inc. Class A (ZIP)

In the past six months, ZipRecruiter's stock has experienced a significant decline, trading near multi-year lows with a 46% annual decrease. On May 7, 2026, the company reported Q1 2026 revenue of $107.5 million, exceeding forecasts but still representing year-over-year and quarter-over-quarter declines. Despite a soft hiring market, ZipRecruiter improved its net loss and expanded its adjusted EBITDA margin. The company also saw a sequential increase in quarterly paid employers. Management anticipates hiring demand to follow a typical seasonal cadence throughout 2026, albeit at subdued levels, and investor sentiment remained cautious.

Demand for ZipRecruiter's services generally follows seasonal trends, with increased activity in the first quarter and fall, and slower periods in the summer and around the holidays. ZipRecruiter noted a sequential decrease in revenue in Q1 2026 due to post-holiday seasonality and expects hiring demand to follow a typical seasonal cadence throughout 2026, albeit at subdued levels. The company actively provides resources for seasonal hiring.

ZipRecruiter, Inc. is an online employment marketplace that uses an AI-powered platform to connect job seekers with employers. It operates in the Industrials sector, specifically in Professional & Commercial Services, and its primary industry is Media and Information Services (B2B), also encompassing Human Capital Services and Business/Productivity Software. ZipRecruiter's core offerings include recruiting solutions, an AI-powered matching system, the "Be Seen First" feature, a Resume Database, and one-click application technology. The company's revenue is entirely derived from employers, with job seekers using the platform free of charge.

ZipRecruiter is headquartered in Santa Monica, California, and has offices in Tempe, Arizona, London, UK, and Tel Aviv, Israel. In March 2019, ZipRecruiter expanded its operations into Canada.

ZipRecruiter has received positive recognition for its innovation, including being named to Fast Company's list of the World's Most Innovative Companies for 2025. It is rated as the #1 job site in the U.S. by G2, and its job seeker mobile app is rated #1 on iOS and Android. ZipRecruiter has achieved 80% aided brand awareness among U.S. employers and job seekers through partnerships with major media properties. In December 2018, a data breach exposed users' information, but the company claimed to have fixed it quickly.

Institutional investors hold approximately 82% of ZipRecruiter's shares, with major holders including BlackRock, Inc., Disciplined Growth Investors Inc., and Vanguard Group Inc. The company was co-founded by Ian Siegel, Joe Edmonds, Ward Poulos, and Willis Redd. CEO Ian Siegel retains roughly 12% of shares via a family trust, and Willis Redd is the largest individual shareholder, owning 16.62 million shares, representing 20.38% of the company.