Exhibit 99.2 ZipRecruiter Shareholder Letter Features like ZipIntro have also helped speed things up. Laura says, "My team calls ZipIntro a game changer. It's made hiring faster and easier, especially for our most competitive roles." That efficiency has eliminated a significant amount of the back-and-forth and helped the team move fast when it matters most. She adds, "ZipIntro handles all the scheduling for my recruiters. They set up one session and meet a multitude of great candidates one after another." Q ...

Shares of ZipRecruiter, Inc. (ZIP) have gained 5.8% over the past four weeks to close the last trading session at $5.51, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $8.40 indicates a potential upside of 52.5%.The average comprises five short-term price targets ranging from a low of $7 to a high of $10, with a standard deviation of $1.52. While the lowest estimate indicates a ...

Company Overview - ZipRecruiter, Inc. (ZIP) is expected to report a year-over-year decline in earnings, with a projected loss of $0.17 per share, representing a change of -142.9% [3][12] - Revenues for the upcoming quarter are anticipated to be $108.17 million, down 11.5% from the same quarter last year [3] Earnings Expectations - The earnings report is scheduled for release on May 8, 2025, and could influence stock movement based on whether the results exceed or fall short of expectations [2] - The consensus EPS estimate has been revised 10.87% higher over the last 30 days, indicating a reassessment by analysts [4] Earnings Surprise Prediction - The Zacks Earnings ESP (Expected Surprise Prediction) model indicates that the Most Accurate Estimate for ZipRecruiter aligns with the Zacks Consensus Estimate, resulting in an Earnings ESP of 0% [10][11] - Despite a Zacks Rank of 2 (Buy), the combination of a 0% Earnings ESP makes it challenging to predict an earnings beat conclusively [11] Historical Performance - In the last reported quarter, ZipRecruiter met the expected loss of $0.11 per share, resulting in no surprise [12] - Over the past four quarters, the company has beaten consensus EPS estimates two times [13] Industry Context - In comparison, UL Solutions Inc. (ULS) is expected to post earnings of $0.32 per share for the same quarter, reflecting a year-over-year increase of +14.3% and revenues of $703.87 million, up 5.1% from the previous year [17]

ZipRecruiter, Inc. (ZIP) came out with a quarterly loss of $0.11 per share in line with the Zacks Consensus Estimate. This compares to earnings of $0.05 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this company would post a loss of $0.10 per share when it actually produced a loss of $0.03, delivering a surprise of 70%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.ZipRecruiter, which belongs to the Zack ...

Financial Data and Key Metrics Changes - In 2024, revenue was $474 million, a decline of 27% year-over-year [13] - Adjusted EBITDA was $78 million, equating to a 16% adjusted EBITDA margin, towards the higher end of expectations [13] - Net loss for 2024 was $12.9 million, compared to a net income of $5.6 million in Q4 2023 [14][26] - Q4 2024 revenue was $111 million, representing an 18% decline year-over-year and down 5% quarter-over-quarter [24] - Cash, cash equivalents, and marketable securities totaled $506 million as of December 31, 2024 [27] Business Line Data and Key Metrics Changes - Total web traffic in Q4 2024 grew by 15% year-over-year, significantly outpacing competitors [11] - Paid employers in Q4 2024 were 58,000, an 18% decrease year-over-year [25] - Revenue per paid employer was $1,920, roughly flat year-over-year and up 7% sequentially [25] Market Data and Key Metrics Changes - The labor market has faced a decline in hiring for 28 consecutive months, with a notable drop in the quit rate [12] - The NFIB Small Business Optimism Index posted its highest reading since October 2018, indicating potential recovery in hiring plans [14] Company Strategy and Development Direction - The company aims to grow market share by enhancing job seeker traffic and improving product offerings [8] - Key product launches included ZipIntro and a next-generation resume database, aimed at improving customer satisfaction and engagement [10][20] - The acquisition of Breakroom is part of the strategy to expand the product suite and enhance employer ratings [10] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism entering 2025, citing positive internal and external indicators [14][30] - The company plans to increase investment in sales and marketing initiatives as hiring activity recovers [30] - Management acknowledged the uncertainty in the labor market but remains confident in long-term growth opportunities [32] Other Important Information - The company has made substantial improvements in its marketplace despite a historic labor market downturn [17] - The focus remains on connecting job seekers with employers effectively, leveraging proprietary data and technology [8][96] Q&A Session Summary Question: Can you provide more color on the positive trends observed? - Management noted that positive trends began towards the end of Q4, with an increase in paid employers and account reactivations [35][36] Question: Should the Q1 guidance reflect margin decreases due to investments? - Yes, the guidance reflects investments in response to positive trends observed [40][42] Question: Are reactivations indicative of actual hiring activity? - Reactivations are from high-intent employers preparing to post jobs, indicating potential hiring activity [45] Question: What is the outlook for revenue growth? - Year-over-year growth is expected to be achieved by Q4 2025, with less likelihood of recovery before then [47] Question: How does the company view the competitive landscape? - The focus is on gaining market share among job seekers, which is predictive of long-term success [94] Question: What are the key initiatives regarding AI? - AI is being leveraged to improve matching and enhance user experience for both job seekers and employers [96]

ZipRecruiter, Inc. (NYSE:ZIP) Q4 2024 Earnings Conference Call February 25, 2025 5:00 PM ET Company Participants Drew Haroldson - Investor Relations Ian Siegel - Co-Founder & Chief Executive Officer David Travers - President Tim Yarborough - Chief Financial Officer Conference Call Participants Ralph Schackart - William Blair Josh Chan - UBS Trevor Young - Barclays Bryan Smilek - JPMorgan Josh Beck - Raymond James Mark Mahaney - Evercore Eric Sheridan - Goldman Sachs Operator Thank you for standing by. My na ...

CORPORATE PRESENTATION February 2025 1 Proprietary and Confidential. © 2025 ZipRecruiter, Inc. All Rights Reserved. LEGAL NOTICE This presentation has been prepared by ZipRecruiter, Inc. ("we," "us," "our," the "Company," or "ZipRecruiter"). The information set forth herein does not purport to be complete or to contain all relevant information. Statements contained herein are made as of February 25, 2025 unless stated otherwise. This presentation contains "forward-looking" statements within the meaning of t ...

Financial Performance - For the year ended December 31, 2024, the company's revenue was $474.0 million, a decrease of 26.5% from $645.7 million in 2023[30]. - The company reported a net loss of $12.9 million for 2024, compared to a net income of $49.1 million in 2023[30]. - Adjusted EBITDA for 2024 was $78.0 million, down from $175.3 million in 2023, indicating a significant decline in operational profitability[30]. - Total revenue for the year ended December 31, 2024, was $474.0 million, with subscription revenue at $369.8 million and performance-based revenue at $104.2 million[388]. - Total revenue for 2024 decreased to $474,001 thousand, down 26.6% from $645,722 thousand in 2023[398]. - Gross profit for 2024 was $423,851 thousand, a decline of 27.1% compared to $581,413 thousand in 2023[398]. - Net loss for 2024 was $12,854 thousand, contrasting with a net income of $49,098 thousand in 2023[401]. - The company reported a basic net income (loss) per share of $(0.13) for 2024, compared to $0.49 in 2023[398]. - Cash provided by operating activities decreased to $45.735 million in 2024 from $103.192 million in 2023[406]. - The company reported a net loss of $12.854 million for the year ended December 31, 2024, compared to a net income of $49.098 million in 2023, resulting in a basic net loss per share of $0.13[508]. Revenue Breakdown - Subscription revenue includes time-based job posting plans and upsells, with contracts typically subject to renewal and nonrefundable[388]. - Performance-based revenue is generated from customers paying per click or per application, with campaigns lasting from one to three months[389]. - Subscription revenue for 2024 was $369,823,000, down from $508,384,000 in 2023, while performance-based revenue decreased to $104,178,000 from $137,338,000[527]. Expenses and Liabilities - Operating expenses for 2024 totaled $422,589 thousand, a reduction of 15.8% from $501,976 thousand in 2023[398]. - Total current assets decreased to $543,673 thousand in 2024, down from $562,288 thousand in 2023[396]. - Total liabilities slightly decreased to $650,630 thousand in 2024 from $651,135 thousand in 2023[396]. - The provision for bad debts was $185 thousand in 2024, significantly lower than $2.736 million in 2023[406]. - Total sales and marketing expenses for 2024 were $215.8 million, a decrease of 18.7% from $265.3 million in 2023[442]. - Marketing and advertising expenses for 2024 were $105.9 million, down from $131.4 million in 2023, indicating a reduction of 19.4%[442]. Investments and Acquisitions - The company acquired Poplar Technologies Ltd. on July 23, 2024, expanding its offerings in the employee review platform sector[410]. - The Company recognized $5.8 million in developed technology and $0.4 million in trade names and trademarks related to the acquisition of Breakroom during the year ended December 31, 2024[491]. - The fair value of consideration transferred for the acquisition of Breakroom totaled $13.3 million, consisting of $12.4 million paid in cash and a liability of $0.9 million[514]. - The estimated fair value of total assets acquired from Breakroom is $13,527,000, with net assets acquired amounting to $13,340,000[515]. Market Presence and Brand Awareness - The company has achieved 80% aided brand awareness among U.S. employers and job seekers, reflecting strong market presence[43]. - The company utilizes a flexible pricing model tailored to customer needs, including flat rate and performance-based pricing options[36]. - The company has been recognized for its workplace culture, receiving awards such as "Best Company Culture" and "Best Place to Work"[45]. Compliance and Risk Management - The company is subject to various international laws and regulations regarding data privacy and security, which may impact its operations[50]. - The company is exposed to foreign currency risk primarily related to expenses in Canadian Dollar, British Pound, and Israeli New Shekel[372]. - The company maintained effective internal control over financial reporting as of December 31, 2024[380]. Stock and Equity - The company repurchased common stock worth $40.346 million in 2024, compared to $147.565 million in 2023[406]. - The weighted average shares of Class A and Class B common stock outstanding decreased from 100.730 million in 2023 to 98.588 million in 2024[508]. - The company has a share repurchase program where all repurchased shares are retired immediately, affecting the calculation of earnings per share[497]. Miscellaneous - The company employs 1,000 individuals across multiple countries, including the United States, the United Kingdom, Canada, and Israel[45]. - The company has invested in technology capabilities to enhance its marketplace for job seekers and employers, focusing on data-driven systems and machine learning[49]. - The company has a metrics-driven culture, emphasizing quantitative operating goals and innovative strategies to achieve them[43]. - The company does not currently own any patents but consistently reviews branding strategies and technology for new intellectual property[57]. - The company relies on trade secrets and confidential information to maintain its competitive position[58].

Financial Performance - Q4 2024 revenue was $111.0 million, down 18% year-over-year and down 5% quarter-over-quarter, primarily due to continued softness in hiring demand [40]. - Full year 2024 revenue totaled $474.0 million, representing a 27% decline year-over-year [12]. - The number of Quarterly Paid Employers decreased to 57,833 in Q4 2024, down 18% year-over-year and down 11% sequentially, reflecting reduced demand from small and medium-sized businesses (SMBs) [41]. - Adjusted EBITDA for Q4 2024 was $14.4 million, equating to a 13% Adjusted EBITDA margin, while full year Adjusted EBITDA was $78.0 million, equating to a 16% margin [20][13]. - Revenue per Paid Employer remained stable at $1,920 in Q4 2024, consistent with the prior year but up 7% sequentially [27]. - Q1 2025 revenue guidance is projected at $107 - $111 million, reflecting cautious optimism for an improving labor market [21]. - Revenue per Paid Employer for Q4'24 was $1,920, flat year-over-year and up 7% sequentially, with performance-based revenue representing 23% of total revenue [43]. - Gross profit for Q4'24 was $99.5 million, down 19% year-over-year and down 5% sequentially, while gross margin increased slightly to 90% [45]. - Total operating expenses for Q4'24 were $103.5 million, a decrease from $109.2 million in Q4'23, primarily due to lower stock-based compensation [47]. - Net loss in Q4'24 was ($10.8) million, or (10)% net loss margin, compared to net income of $5.6 million in Q4'23 [57]. - Cash, cash equivalents, and marketable securities totaled $505.9 million as of December 31, 2024, down from $520.1 million a year earlier [60]. - Q1'25 revenue guidance is $109 million at the midpoint, representing an 11% decline year-over-year [62]. - Adjusted EBITDA guidance for Q1'25 is $5 million at the midpoint, or a 5% Adjusted EBITDA margin [63]. - The company remains cautiously optimistic about the outlook for 2025, anticipating potential recovery in hiring activity [64]. - Revenue for Q4 2024 was $111,020,000, a decrease of 18.4% compared to $135,922,000 in Q4 2023 [71]. - Gross profit for Q4 2024 was $99,516,000, down from $122,444,000 in Q4 2023, representing a decline of 18.7% [71]. - Total operating expenses for Q4 2024 were $103,532,000, a decrease of 5.7% from $109,157,000 in Q4 2023 [71]. - Net loss for Q4 2024 was $10,793,000, compared to a net income of $5,631,000 in Q4 2023 [73]. - Adjusted EBITDA for Q4 2024 was $14,389,000, down 66.1% from $42,382,000 in Q4 2023 [74]. - Non-GAAP cost of revenue for Q4 2024 was $10,340,000, a decrease from $12,247,000 in Q4 2023 [75]. - Non-GAAP operating expenses for Q4 2024 were $51,944,000, compared to $45,814,000 in Q4 2023, an increase of 13.5% [77]. - Cash and cash equivalents at the end of Q4 2024 were $218,432,000, down from $283,043,000 at the end of Q4 2023 [73]. - The company repurchased $2,711,000 of common stock in Q4 2024, compared to $8,412,000 in Q4 2023 [73]. - Total fully diluted shares outstanding as of December 31, 2024, were 109,356,000 [78]. Operational Highlights - Total web traffic grew by 15% year-over-year in Q4 2024, significantly outpacing competitors [11]. - The next-generation Resume Database launched in Q3 2024 has seen double-digit percentage increases in both new users and average resume unlocks [31]. - ZipIntro, a new feature for job seekers, has improved hiring speed, with most employers receiving their first application in under 20 minutes [32]. - The company has begun the initial rollout of Breakroom in the U.S., providing job seekers with data on pay, hours, and work conditions [35]. Financial Metrics and Guidance - Management utilizes key operating metrics and non-GAAP financial measures to assess performance consistently, aiding in internal budgeting and strategic evaluations [84]. - Non-GAAP measures such as Adjusted EBITDA and Adjusted EBITDA margin are used to evaluate operating performance, but should not be viewed as superior to GAAP measures like net income [85]. - The company cannot provide a reconciliation of Adjusted EBITDA for Q1'25 or fiscal year 2025 to GAAP measures due to unpredictability of certain excluded items [87].

Company Overview - ZipRecruiter (NYSE: ZIP) has experienced a significant decline in its stock value, losing over 50% in the past year due to substantial revenue drops in recent quarters [1] Market Conditions - The company is facing challenges in the hiring market in the US, which has contributed to its revenue declines [1]