Shares in ZipRecruiter jumped about a third on Tuesday after the online jobs marketplace beat Wall Street forecasts for the third quarter and raised its outlook for the full year, in a rare bright spot for hiring demand.

The stock rose 32.87% to about $5.70 in Tuesday trading, touching an intraday high of $6.03, above its previous 52-week high of $5.61. The shares had already gained about 14% on Monday, when the results were released after the market closed.

Revenue grows 8% as employers return

ZipRecruiter reported third-quarter revenue of $124.4 million, up 8% on a year earlier and at the top end of its guidance, with net income of $5.1 million. Adjusted earnings before interest, tax, depreciation and amortisation came in at $20.8 million, a 17% margin, nine percentage points wider than a year earlier.

Earnings per share of $0.06 beat the consensus forecast of a $0.11 loss by $0.17, as analysts had expected a small loss. Quarterly paid employers rose 10% year on year to 74,000, the highest count since the third quarter of 2023, while performance-based revenue grew 13% to $31.1 million.

The company said momentum built through the quarter as product improvements drove record engagement on its marketplace and marketing became more efficient, despite what it described as a low-hire, low-fire labour market in the United States.

Guidance raised for the full year

ZipRecruiter raised its full-year revenue guidance to $468 million to $472 million, growth of 4% to 5% on 2025, up from a previous expectation of flat growth. It also lifted its expected full-year adjusted earnings margin to 13% to 14%, from 9% in 2025.

For the fourth quarter, the company guided to revenue of $118 million to $122 million, growth of 6% to 9% year on year, allowing for the usual seasonal slowdown in hiring.

Revenue per paid employer was $1,683, down 2% on a year earlier but up 1% on the previous quarter. The company also bought back $4.7 million of its senior notes and $4.5 million of its own shares during the quarter.

The shares are up about 46% so far in 2026, having touched a low of $1.65 in February, according to market data.

ZipRecruiter, listed on the New York Stock Exchange under the ticker ZIP, runs an online marketplace matching job seekers with employers. Its results are watched as a timely gauge of US hiring demand, which has stayed subdued this year even as unemployment has remained low.