Ziprecruiter, Inc. key statistics and ratios

In fiscal 2025, Ziprecruiter, Inc. had an operating margin of -4.3% and a current ratio of 6.33. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Ziprecruiter, Inc.: financial ratios, annual
Fiscal year	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Gross margin	87.2%	87.0%	89.3%	90.5%	90.0%	89.4%	89.2%	89.1%
Operating margin	−1.5%	15.4%	−1.1%	10.7%	12.3%	0.3%	−4.3%	0.3%
Net margin	−1.5%	20.6%	0.5%	6.8%	7.6%	−2.7%	−7.3%	6.2%
Free-cash-flow margin	−1.1%	20.7%	18.6%	13.9%	15.8%	9.5%	2.2%	4.7%
Return on equity	—	—	3.9%	46.7%	—	−118.0%	—	—
Return on assets	—	40.6%	1.2%	11.0%	7.1%	−1.9%	−5.3%	6.3%
Asset turnover	—	1.97	2.43	1.63	0.94	0.72	0.73	1.02
Current ratio	—	2.03	2.17	4.88	6.63	6.66	6.33	3.03
Debt to equity	—	—	0.0%	>999%	>999%	>999%	—	—
Interest cover (operating income ÷ interest)	n/m	62.1x	n/m	3.4x	2.7x	0.0x	n/m	0.1x
Effective tax rate	—	−33.7%	—	17.0%	30.4%	—	—	39.7%
R&D as % of revenue	15.2%	16.6%	14.9%	14.1%	22.0%	28.4%	27.7%	24.7%
Capital spending as % of revenue	0.6%	0.3%	0.8%	0.3%	0.1%	0.2%	0.2%	0.2%
Free cash flow ÷ net income	—	100.7%	>999%	205.1%	208.3%	—	—	76.3%
Dividends and buybacks ÷ free cash flow	—	21.9%	2.0%	269.0%	144.3%	90.0%	>999%	128.7%

US$ thousands unless shown otherwise. Fiscal quarters.

Ziprecruiter, Inc.: financial ratios, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Gross margin	89.4%	89.6%	89.4%	89.3%	89.1%	89.1%	88.9%	89.3%
Operating margin	−2.8%	−3.6%	−10.6%	−5.9%	−4.4%	3.6%	−1.4%	3.5%
Net margin	−2.2%	−9.7%	−11.7%	−8.5%	−8.5%	−0.7%	−4.4%	36.8%
Free-cash-flow margin	7.8%	10.8%	−9.3%	9.1%	1.9%	6.8%	−3.4%	12.9%
Current ratio	7.41	6.66	7.02	5.49	5.97	6.33	7.27	3.03
Debt to equity	>999%	>999%	—	—	—	—	—	—
R&D as % of revenue	28.8%	28.6%	30.2%	28.6%	26.8%	25.4%	24.3%	22.3%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

1 of 5 checks passed · June 30, 2026

What it owns · $321m

Short-term assets $216mLonger-term assets $106m

What it owes, and who funded it · $355m

Short-term liabilities $71mLonger-term liabilities $284mShareholders' equity $-34m

Short-term assets cover short-term liabilities $216m of assets due within a year against $71m of liabilities due within a year.
Short-term assets cover long-term liabilities $216m short-term assets against $284m of longer-dated liabilities.
More cash than debt $130m of cash against $253m of debt.
Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
A year's operating cash flow covers at least 20% of debt $22m of operating cash flow against $253m of debt.
Operating profit covers interest at least five times over Operating income of $2m against $29m of interest.

From Ziprecruiter, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

67 /100

Moderate moat

How hard Ziprecruiter's competitive advantage looks for rivals to wear away, judged from 6 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

Returns on capital 20 / 20

Cash operating profit has been a median 26.0% of total assets over 5 years.
Pricing power 20 / 20

Gross margin has been a median 89.7%, moving by 0.9 percentage points (standard deviation) across 6 years.
Durability 0 / 20

Operating margin has been a median 4.8%; its worst year was -5.7%.
Cash conversion 18 / 20

Free cash flow was positive in 6 of 6 years, at a median 15.1% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (72 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Compare with peers

Head to head: SOGP vs ZIP TTGT vs ZIP CCG vs ZIP GRPN vs ZIP

More: Interactive Media & Services stocks compared, Communication Services sector, rankings of US companies

Figures from Ziprecruiter, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Ziprecruiter, Inc.