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ZipRecruiter (ZipRecruiter) Gross Profit : $581.4 Mil (TTM As of Dec. 2023)


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What is ZipRecruiter Gross Profit?

ZipRecruiter's gross profit for the three months ended in Dec. 2023 was $122.4 Mil. ZipRecruiter's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $581.4 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. ZipRecruiter's gross profit for the three months ended in Dec. 2023 was $122.4 Mil. ZipRecruiter's Revenue for the three months ended in Dec. 2023 was $135.9 Mil. Therefore, ZipRecruiter's Gross Margin % for the quarter that ended in Dec. 2023 was 90.08%.

ZipRecruiter had a gross margin of 90.08% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 5 years, the highest Gross Margin % of ZipRecruiter was 90.46%. The lowest was 87.05%. And the median was 89.26%.


ZipRecruiter Gross Profit Historical Data

The historical data trend for ZipRecruiter's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ZipRecruiter Gross Profit Chart

ZipRecruiter Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
374.78 363.98 661.53 818.35 581.41

ZipRecruiter Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 189.38 163.13 154.75 141.10 122.44

Competitive Comparison of ZipRecruiter's Gross Profit

For the Staffing & Employment Services subindustry, ZipRecruiter's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ZipRecruiter's Gross Profit Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ZipRecruiter's Gross Profit distribution charts can be found below:

* The bar in red indicates where ZipRecruiter's Gross Profit falls into.



ZipRecruiter Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

ZipRecruiter's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=645.722 - 64.309
=581.4

ZipRecruiter's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=135.922 - 13.478
=122.4

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $581.4 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

ZipRecruiter's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=122.4 / 135.922
=90.08 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


ZipRecruiter  (NYSE:ZIP) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

ZipRecruiter had a gross margin of 90.08% for the quarter that ended in Dec. 2023 => Durable competitive advantage


ZipRecruiter Gross Profit Related Terms

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ZipRecruiter (ZipRecruiter) Business Description

Traded in Other Exchanges
Address
604 Arizona Avenue, Santa Monica, CA, USA, 90401
ZipRecruiter Inc is an online employment marketplace. It was founded to make meaningful connections between job seekers and employers. It connects millions of job seekers with companies of all sizes.
Executives
Timothy G. Yarbrough officer: Chief Business Officer 604 ARIZONA AVE, SANTA MONICA CA 90401
Ryan T. Sakamoto officer: General Counsel and Secretary 604 ARIZONA AVE, SANTA MONICA CA 90401
Amy Garefis officer: Principal Accounting Officer 604 ARIZONA AVE, SANTA MONICA CA 90401
David Travers officer: Chief Financial Officer 604 ARIZONA AVE, SANTA MONICA CA 90401
Lora Bartolome officer: VP, Accounting & Controller C/O ZIPRECRUITER, INC., 604 ARIZONA AVENUE, SANTA MONICA CA 90401
Qasim Saifee officer: Chief Marketing Officer 604 ARIZONA AVE, SANTA MONICA CA 90401
J Sanford Miller 10 percent owner 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Boris F. Shimanovsky officer: Chief Technology Officer 604 ARIZONA AVE, SANTA MONICA CA 90401
Todd C Chaffee 10 percent owner 3000 SAND HILL ROAD, 2-250, MENLO PARK CA 94025
Institutional Venture Management Xv, Llc 10 percent owner 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Ian H. Siegel director, 10 percent owner, officer: Chief Executive Officer 604 ARIZONA AVE, SANTA MONICA CA 90401
Institutional Venture Management Xiv, Llc 10 percent owner 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Jules A. Maltz 10 percent owner 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Somesh Dash 10 percent owner 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Stephen J Harrick 10 percent owner 3000 SAND HILL ROAD, 2-250, MENLO PARK CA 94025