Recent Updates — ZIP
ZipRecruiter reported second quarter 2026 results with revenue of $118.1 million, a 5% year-over-year increase that exceeded guidance by $6 million. The company posted net income of $43.4 million and Adjusted EBITDA of $14.6 million, driven in part by a $59.3 million gain on the extinguishment of debt from repurchasing $294.6 million of senior unsecured notes at a discount. Quarterly Paid Employers grew 7% year-over-year to 70,721. The company announced Q3 revenue guidance of $118–$124 million and Adjusted EBITDA of $13–$19 million. Additionally, ZipRecruiter appointed Carmen Chan as Chief Financial Officer, effective August 17, 2026. ZipRecruiter operates an online employment marketplace that connects job seekers with employers using AI-driven matching technology.
ZipRecruiter, Inc. appointed Carmen Chan as Chief Financial Officer and principal financial officer, effective August 17, 2026. Chan brings prior experience as a Managing Director at Barclays and Vice President of Corporate Development at Noom. Her compensation includes a $500,000 annual base salary, a $200,000 onboarding bonus, and 650,000 restricted stock units. Concurrently, David Travers will cease serving as interim CFO while remaining President. This executive transition is material as it involves a key leadership hire with significant equity compensation. ZipRecruiter operates in the technology industry as an online employment marketplace connecting job seekers with employers.
ZipRecruiter, Inc. entered into separate, privately negotiated repurchase agreements to repurchase approximately $295 million in aggregate principal amount of its 5% senior unsecured notes due 2030 for approximately $230 million plus accrued and unpaid interest. ZipRecruiter, Inc. operates in the online employment and recruitment services industry.