ZipRecruiter Stock Jumps 54% After Q3 Results Beat and Full-Year Outlook Rises

ZipRecruiter (NYSE: ZIP) shares rose 53.6% on Tuesday, Nov. 10, 2026, closing at $6.59 from a previous close of $4.29. The S&P 500 ETF (SPY) fell 0.37% over the same session. The move followed the company's third-quarter results, which it published on Nov. 9 in an 8-K with its press release and shareholder letter attached.

Revenue and profit improved

Third-quarter revenue rose 8% year over year to $124.4 million, and the company reported net income of $5.1 million, compared with a net loss of $9.8 million a year earlier. Adjusted EBITDA was $20.8 million, a 17% margin, up from $9.2 million and an 8% margin in the same quarter of 2025. The company's own guidance for the quarter had called for revenue of $118 million to $124 million and Adjusted EBITDA of $13 million to $19 million.

Raised full-year outlook

ZipRecruiter now expects full-year 2026 revenue of $468 million to $472 million, up 4% to 5% from a year earlier, and an Adjusted EBITDA margin of 13% to 14%. The company said the revenue range exceeds the flat revenue outlook it gave at the start of the year. For the fourth quarter, it guided to revenue of $118 million to $122 million.

Product changes drove engagement

In the shareholder letter, Chief Executive Ian Siegel attributed the growth to product changes aimed at increasing conversations between job seekers and employers. The company said qualified applications rose 49% quarter over quarter and that employer response rate per application tripled year over year. Quarterly paid employers reached 73,929, up 10% from a year earlier.

The company did not state a single reason for the size of the share-price gain on the day.

The company's 10-Q for the quarter was accepted Nov. 9 and reported cash, cash equivalents and marketable securities of $174.7 million as of Sept. 30, 2026.