Tearsheet

ZipRecruiter (ZIP)


Market Price (3/16/2026): $2.775 | Market Cap: $235.0 Mil
Sector: Communication Services | Industry: Interactive Media & Services

ZipRecruiter (ZIP)


Market Price (3/16/2026): $2.775
Market Cap: $235.0 Mil
Sector: Communication Services
Industry: Interactive Media & Services

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -34%
Weak multi-year price returns
2Y Excs Rtn is -110%, 3Y Excs Rtn is -153%
Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -19 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -4.3%
1 Megatrend and thematic drivers
Megatrends include Artificial Intelligence, Cloud Computing, and E-commerce & Digital Retail. Themes include AI Software Platforms, Show more.
  Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 62%
2   Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -5.3%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -20%
3   Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 11%
4   Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -18%
5   Key risks
ZIP key risks include [1] limited competitive differentiation due to its AI strategy and lack of an Applicant Tracking System (ATS), Show more.
0 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -34%
1 Megatrend and thematic drivers
Megatrends include Artificial Intelligence, Cloud Computing, and E-commerce & Digital Retail. Themes include AI Software Platforms, Show more.
2 Weak multi-year price returns
2Y Excs Rtn is -110%, 3Y Excs Rtn is -153%
3 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -19 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -4.3%
4 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 62%
5 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -5.3%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -20%
6 Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 11%
7 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -18%
8 Key risks
ZIP key risks include [1] limited competitive differentiation due to its AI strategy and lack of an Applicant Tracking System (ATS), Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

ZipRecruiter (ZIP) stock has lost about 40% since 11/30/2025 because of the following key factors:

1. Lower-than-Expected Q4 2025 Earnings and Weak Q1 2026 Guidance.

ZipRecruiter reported Q4 2025 earnings per share (EPS) of -$0.01, significantly missing analysts' expectations of $0.04. Although Q4 revenue saw a modest 1% year-over-year increase to $111.7 million, it fell slightly short of analyst forecasts of $112.13 million. Furthermore, the company issued cautious Q1 2026 revenue guidance of $106 million at the midpoint, projecting a 4% year-over-year and 5% sequential decline, which was below the consensus estimate of $112.8 million. This outlook reflected a lower starting level of paid employers, particularly among smaller customers, after the holiday period.

2. Persistent Macroeconomic Headwinds and Softening Labor Market.

The online employment marketplace continued to operate within a challenging macroeconomic environment, characterized by a significant decline in overall job openings. Job openings fell 10% year-over-year in Q4 2025. The broader labor market in 2025 was defined by slower hiring and increased business uncertainty, leading to a "low hire, low fire" environment that is expected to persist into early 2026 due to factors like inflation and global economic volatility. This directly impacted demand for ZipRecruiter's services.

Show more

Stock Movement Drivers

Fundamental Drivers

The -40.4% change in ZIP stock from 11/30/2025 to 3/15/2026 was primarily driven by a -41.6% change in the company's P/S Multiple.
(LTM values as of)113020253152026Change
Stock Price ($)4.752.83-40.4%
Change Contribution By: 
Total Revenues ($ Mil)4484490.1%
P/S Multiple0.90.5-41.6%
Shares Outstanding (Mil)86851.9%
Cumulative Contribution-40.4%

LTM = Last Twelve Months as of date shown

Market Drivers

11/30/2025 to 3/15/2026
ReturnCorrelation
ZIP-40.4% 
Market (SPY)-3.1%38.5%
Sector (XLC)-0.8%23.6%

Fundamental Drivers

The -43.4% change in ZIP stock from 8/31/2025 to 3/15/2026 was primarily driven by a -46.9% change in the company's P/S Multiple.
(LTM values as of)83120253152026Change
Stock Price ($)5.002.83-43.4%
Change Contribution By: 
Total Revenues ($ Mil)450449-0.3%
P/S Multiple1.00.5-46.9%
Shares Outstanding (Mil)91857.0%
Cumulative Contribution-43.4%

LTM = Last Twelve Months as of date shown

Market Drivers

8/31/2025 to 3/15/2026
ReturnCorrelation
ZIP-43.4% 
Market (SPY)3.0%38.5%
Sector (XLC)3.1%30.4%

Fundamental Drivers

The -49.5% change in ZIP stock from 2/28/2025 to 3/15/2026 was primarily driven by a -53.8% change in the company's P/S Multiple.
(LTM values as of)22820253152026Change
Stock Price ($)5.602.83-49.5%
Change Contribution By: 
Total Revenues ($ Mil)474449-5.3%
P/S Multiple1.20.5-53.8%
Shares Outstanding (Mil)988515.4%
Cumulative Contribution-49.5%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2025 to 3/15/2026
ReturnCorrelation
ZIP-49.5% 
Market (SPY)12.4%37.6%
Sector (XLC)13.2%34.4%

Fundamental Drivers

The -83.4% change in ZIP stock from 2/28/2023 to 3/15/2026 was primarily driven by a -73.9% change in the company's P/S Multiple.
(LTM values as of)22820233152026Change
Stock Price ($)17.062.83-83.4%
Change Contribution By: 
Total Revenues ($ Mil)905449-50.4%
P/S Multiple2.00.5-73.9%
Shares Outstanding (Mil)1098528.2%
Cumulative Contribution-83.4%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2023 to 3/15/2026
ReturnCorrelation
ZIP-83.4% 
Market (SPY)73.4%38.9%
Sector (XLC)120.2%34.6%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
ZIP Return104%-34%-15%-48%-46%-27%-77%
Peers Return65%-31%14%-10%-16%-3%-6%
S&P 500 Return27%-19%24%23%16%-1%80%

Monthly Win Rates [3]
ZIP Win Rate42%25%50%25%42%33% 
Peers Win Rate70%33%45%40%45%40% 
S&P 500 Win Rate75%42%67%75%67%33% 

Max Drawdowns [4]
ZIP Max Drawdown0%-42%-37%-49%-52%-57% 
Peers Max Drawdown-4%-41%-25%-28%-38%-17% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-2% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: MSFT, UPWK, DHX, RHI, MAN.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/13/2026 (YTD)

How Low Can It Go

Unique KeyEventZIPS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-67.9%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven211.2%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days

Compare to MSFT, UPWK, DHX, RHI, MAN

In The Past

ZipRecruiter's stock fell -67.9% during the 2022 Inflation Shock from a high on 11/16/2021. A -67.9% loss requires a 211.2% gain to breakeven.

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About ZipRecruiter (ZIP)

ZipRecruiter, Inc., together with its subsidiaries, operates a marketplace that connects job seekers and employers. Its platform is a two-sided marketplace, which enables employers to post jobs and access other features, where the job seekers are able to apply to jobs with a single click. The company was incorporated in 2010 and is headquartered in Santa Monica, California.

AI Analysis | Feedback

Here are 1-3 brief analogies for ZipRecruiter:

  • The Amazon Marketplace for jobs

  • eBay for job listings

  • Uber for job searching

AI Analysis | Feedback

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  • Job Posting and Employer Solutions: A platform that enables employers to post job openings, manage candidates, and access tools for recruiting and hiring.
  • Job Search and Application Platform: A service for job seekers to discover job opportunities and apply to them with a single click.
```

AI Analysis | Feedback

ZipRecruiter (ZIP) primarily sells its services to other companies, specifically employers looking to hire job seekers.

Due to the nature of its business as a job marketplace, ZipRecruiter serves a highly diverse and fragmented customer base of employers across numerous industries and organizational sizes. Its platform is utilized by a wide spectrum of businesses, including:

  • Small and Medium-sized Businesses (SMBs)
  • Large Enterprises

ZipRecruiter does not publicly disclose specific "major customers" by name in its financial filings or other public statements. This is typical for companies operating a job marketplace, as their revenue is derived from a vast number of individual employers rather than a concentrated base of a few large clients. No single employer or a small group of employers is known to constitute a significant portion of ZipRecruiter's overall revenue.

Therefore, while its customers are indeed other companies (employers), specific names of major customers are not publicly identifiable.

AI Analysis | Feedback

  • Amazon.com, Inc. (AMZN)

AI Analysis | Feedback

Ian Siegel, Chief Executive Officer & Co-Founder

Ian Siegel co-founded ZipRecruiter in 2010 and serves as its Chief Executive Officer. Prior to founding ZipRecruiter, he held executive product and technology leadership roles at companies including CitySearch, Stamps.com, Rent.com (an eBay company), Pictage, and MyLife.com. Siegel has a proven track record of building and scaling successful internet businesses.

Timothy Yarbrough, EVP, Chief Financial Officer

Timothy Yarbrough is the EVP, Chief Financial Officer at ZipRecruiter, where he leads Accounting, Finance, Business Planning & Operations, and Revenue Operations. He played a key role in guiding ZipRecruiter's growth from a startup to a publicly traded company. Before joining ZipRecruiter, Tim was the Finance Director at Convertro, Inc. through its acquisition by AOL.com, and held various managerial and strategic finance roles at Qualcomm, Inc.

David Travers, President

David Travers is the President of ZipRecruiter. Prior to his current role, he was the Co-Founder and Co-Managing Partner of Basepoint Ventures and a Partner at Rustic Canyon Partners, both venture capital firms. He also worked in Corporate Strategy at The Walt Disney Company and served as an Executive Assistant to the National Security Advisor in the White House. His initial belief in ZipRecruiter stemmed from his time as a venture capital investor.

Boris Shimanovsky, EVP, Chief Technology Officer

Boris Shimanovsky serves as the EVP, Chief Technology Officer at ZipRecruiter, leading all engineering and technology functions. He is responsible for empowering his technology team and enabling ZipRecruiter's goals through scalable systems, data, and machine learning/Artificial Intelligence practices. Before joining ZipRecruiter in June 2020, he was SVP of Engineering at Foursquare and Chief Technology Officer at Factual, Inc. He also co-founded Chronos Software Group.

Amy Garefis, EVP, Chief Accounting Officer & Chief People Officer

Amy Garefis is the EVP, Chief Accounting Officer & Chief People Officer at ZipRecruiter, overseeing the People Team, and previously leading Accounting, Tax, Internal Audit, Payroll & Benefits. Prior to ZipRecruiter, she was the Vice President and Controller for a large broker-dealer and held management roles at a boutique technology investment bank and Sony Pictures.

AI Analysis | Feedback

```html

Here are the key risks to ZipRecruiter's business:

  1. Sensitivity to Economic Cycles and Hiring Demand: ZipRecruiter's business is highly dependent on the overall health of the economy and the demand for hiring. A weaker job market, characterized by slower hiring and reduced job seeker churn, directly translates to declining revenue and profitability for the company. The company's significant exposure to small and medium-sized businesses further exacerbates this vulnerability during economic downturns.
  2. Intense Competition and Rapid Technological Advancements: The online recruitment market in which ZipRecruiter operates is highly competitive and fragmented, with numerous players including large rivals like Indeed, LinkedIn, Google, and Meta. While ZipRecruiter leverages AI for its matching technology, the rapid evolution of AI and the potential for companies to adopt their own internal hiring solutions or AI-based tools could threaten ZipRecruiter's market share and growth. The need to continuously innovate and adapt to technological changes and competitive pressures is crucial for its sustained success.
  3. Technology and Uptime Risks, including Data Security and Privacy: ZipRecruiter relies entirely on cloud infrastructure, making it susceptible to technology failures and service disruptions. Furthermore, the company faces risks associated with evolving global regulations on privacy, data protection, AI, and cybersecurity. Past data security incidents indicate an ongoing need for robust cybersecurity measures, as breaches could lead to reputational damage, financial losses, and regulatory penalties.
```

AI Analysis | Feedback

The clear emerging threat to ZipRecruiter is the proliferation and increasing adoption of **AI-driven proactive talent acquisition platforms and internal talent marketplaces**. These platforms leverage artificial intelligence to dynamically match candidates (both internal to organizations and external) with opportunities based on skills, experience, and potential, often bypassing the traditional model of employers posting jobs and job seekers manually applying. As companies increasingly adopt these sophisticated systems for talent intelligence, internal mobility, and direct sourcing, the reliance on external job boards for sourcing and application management may diminish, similar to how streaming services disrupted physical media rentals.

AI Analysis | Feedback

ZipRecruiter operates within the U.S. employment and recruiting sector, which has a total addressable market (TAM) exceeding $300 billion. Within this broader market, online recruitment sites, representing ZipRecruiter's core service, constitute a segment exceeding $15 billion.

AI Analysis | Feedback

Expected Drivers of Future Revenue Growth for ZipRecruiter (ZIP)

Over the next 2-3 years, ZipRecruiter (ZIP) is expected to drive future revenue growth through several key initiatives and market trends:

  1. Advancements in AI-Powered Solutions and Product Innovation: ZipRecruiter is actively investing in and launching new artificial intelligence (AI)-powered tools to enhance the experience for both job seekers and employers. Recently introduced features like the "Be Seen First" tool, which makes candidates nearly twice as likely to start a conversation with employers, and improvements to its AI-powered career advisor "Phil," are designed to increase candidate engagement and improve matching efficiency. These innovations aim to drive deeper platform engagement and capture greater market share by offering a more streamlined and effective hiring process.
  2. Expansion of Enterprise and Performance Marketing Revenue: The company is seeing growth in its performance marketing revenue and its enterprise segment. Performance marketing revenue accelerated in Q4 2025, and the combination of performance marketing and enterprise accounts now constitutes a growing portion of total revenue, indicating a strategic shift towards more stable and higher-value customer relationships. ZipRecruiter has also rolled out an Enterprise Plan specifically tailored with features to meet the recruitment needs of larger businesses.
  3. Market Share Gains and Labor Market Normalization: Despite a currently challenging and subdued hiring environment, ZipRecruiter's management anticipates gaining market share and is confident in its position to capitalize on growth as labor market conditions eventually normalize. The company achieved a return to year-over-year revenue growth in Q4 2025, a significant milestone amid prevailing economic headwinds, suggesting resilience and potential for further recovery when the overall hiring demand strengthens.
  4. Increased Job Seeker Traffic Driven by AI and Large Language Models: ZipRecruiter's platform is expanding its reach, with overall job seeker traffic outperforming its largest competitors throughout 2025. Notably, site visits originating from AI and large language model engines more than doubled year-over-year in Q4 2025. This indicates a successful strategy in optimizing discovery within these emerging generative AI channels, which is expected to lead to a higher volume of job applications and increased employer interest, thereby contributing to revenue growth.

AI Analysis | Feedback

Share Repurchases

  • As of December 31, 2025, ZipRecruiter had $121.2 million remaining for future share repurchases under its active program.
  • In 2025, the company repurchased 18.9 million shares for $101.9 million.
  • On August 11, 2025, the board authorized a $100 million increase to the share repurchase program, bringing the total program size to $750.0 million.

Capital Expenditures

  • Capital expenditures for the trailing twelve months ended September 2025 were -$7.87 million.
  • ZipRecruiter plans to continue investing in technology and marketing to drive growth and improve its marketplace.
  • The company made significant investments in research and development, accounting for 28% of total revenue in both 2025 and 2024, primarily to improve matching technology and user experience.

Better Bets vs. ZipRecruiter (ZIP)

Latest Trefis Analyses

Trade Ideas

Select ideas related to ZIP.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
MSFT_2202026_Insider_Buying_GTE_1Mil_EBITp+DE_V202202026MSFTMicrosoftInsiderInsider Buys | Low D/EStrong Insider Buying
Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap
-1.1%-1.1%-3.2%
YELP_2132026_Dip_Buyer_High_CFO_Margins_ExInd_DE02132026YELPYelpDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
6.2%6.2%-5.7%
TRIP_2132026_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG02132026TRIPTripadvisorDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
5.2%5.2%0.0%
OMC_2062026_Dip_Buyer_FCFYield02062026OMCOmnicomDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
22.1%22.1%-3.7%
MGNI_2062026_Dip_Buyer_High_CFO_Margins_ExInd_DE02062026MGNIMagniteDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
20.6%20.6%-0.8%
ZIP_6302022_Dip_Buyer_High_CFO_Margins_ExInd_DE06302022ZIPZipRecruiterDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
10.5%19.8%-1.9%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

ZIPMSFTUPWKDHXRHIMANMedian
NameZipRecru.MicrosoftUpwork DHI Robert H.Manpower. 
Mkt Price2.83395.5512.212.2222.3725.8217.29
Mkt Cap0.22,939.31.60.12.21.21.4
Rev LTM449305,4537881285,37917,9573,083
Op Inc LTM-19142,5591291476239103
FCF LTM377,41222314267-161118
FCF 3Y Avg4471,6291337404122128
CFO LTM11160,50624821320-104135
CFO 3Y Avg53129,57915221456184168

Growth & Margins

ZIPMSFTUPWKDHXRHIMANMedian
NameZipRecru.MicrosoftUpwork DHI Robert H.Manpower. 
Rev Chg LTM-5.3%16.7%2.4%-9.9%-7.2%0.6%-2.4%
Rev Chg 3Y Avg-20.2%14.4%8.5%-5.0%-9.4%-3.2%-4.1%
Rev Chg Q0.6%16.7%3.6%-9.8%-5.8%7.1%2.1%
QoQ Delta Rev Chg LTM0.1%4.0%0.9%-2.6%-1.5%1.8%0.5%
Op Mgn LTM-4.3%46.7%16.4%10.9%1.4%1.3%6.1%
Op Mgn 3Y Avg2.8%45.3%7.8%7.3%4.3%1.6%5.8%
QoQ Delta Op Mgn LTM1.8%0.4%1.7%2.8%-0.7%0.0%1.1%
CFO/Rev LTM2.4%52.5%31.5%16.5%5.9%-0.6%11.2%
CFO/Rev 3Y Avg9.4%48.5%19.7%15.1%7.7%1.0%12.2%
FCF/Rev LTM0.8%25.3%28.3%10.8%5.0%-0.9%7.9%
FCF/Rev 3Y Avg7.6%27.2%17.2%5.5%6.8%0.7%7.2%

Valuation

ZIPMSFTUPWKDHXRHIMANMedian
NameZipRecru.MicrosoftUpwork DHI Robert H.Manpower. 
Mkt Cap0.22,939.31.60.12.21.21.4
P/S0.59.62.00.80.40.10.6
P/EBIT-242.319.712.3-8.229.16.49.4
P/E-7.324.613.8-7.416.7-90.53.3
P/CFO21.918.36.44.67.0-11.66.7
Total Yield-13.8%4.9%7.2%-13.6%16.7%1.7%3.3%
Dividend Yield0.0%0.9%0.0%0.0%10.7%2.8%0.4%
FCF Yield 3Y Avg4.3%2.3%5.6%10.1%7.1%1.6%4.9%
D/E2.30.00.20.40.11.70.3
Net D/E0.6-0.0-0.20.4-0.11.00.2

Returns

ZIPMSFTUPWKDHXRHIMANMedian
NameZipRecru.MicrosoftUpwork DHI Robert H.Manpower. 
1M Rtn63.6%-1.2%-7.7%-7.5%-7.4%-9.9%-7.4%
3M Rtn-45.6%-17.2%-44.4%39.6%-17.1%-12.1%-17.1%
6M Rtn-42.2%-22.1%-27.6%-24.5%-33.8%-31.0%-29.3%
12M Rtn-52.5%2.6%-3.1%43.2%-54.5%-55.3%-27.8%
3Y Rtn-80.9%46.6%17.6%-38.3%-65.9%-63.3%-50.8%
1M Excs Rtn53.7%0.4%-13.4%-5.1%-13.1%-14.3%-9.1%
3M Excs Rtn-46.8%-15.5%-38.8%32.2%-14.4%-7.5%-15.0%
6M Excs Rtn-46.6%-23.6%-28.3%-27.3%-38.4%-35.9%-32.1%
12M Excs Rtn-72.6%-17.0%-31.0%12.7%-75.5%-75.0%-51.8%
3Y Excs Rtn-153.4%-10.1%-63.4%-115.5%-138.0%-134.8%-125.1%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Single Segment474646   
Performance-based  20814171
Subscription  696600347
Total474646905741418


Price Behavior

Price Behavior
Market Price$2.83 
Market Cap ($ Bil)0.2 
First Trading Date04/14/2011 
Distance from 52W High-56.1% 
   50 Days200 Days
DMA Price$2.56$4.20
DMA Trenddowndown
Distance from DMA10.5%-32.6%
 3M1YR
Volatility107.7%82.2%
Downside Capture547.10333.01
Upside Capture265.41197.45
Correlation (SPY)38.7%38.9%
ZIP Betas & Captures as of 2/28/2026

 1M2M3M6M1Y3Y
Beta7.235.674.513.191.631.56
Up Beta4.136.755.945.721.351.50
Down Beta5.353.553.281.550.841.16
Up Capture923%358%167%160%244%151%
Bmk +ve Days9203170142431
Stock +ve Days8121950109343
Down Capture746%633%500%297%166%113%
Bmk -ve Days12213054109320
Stock -ve Days12284169133393

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with ZIP
ZIP-51.9%82.0%-0.53-
Sector ETF (XLC)19.3%18.4%0.8236.1%
Equity (SPY)19.6%18.9%0.8139.2%
Gold (GLD)71.9%26.3%2.05-1.2%
Commodities (DBC)19.3%17.3%0.899.8%
Real Estate (VNQ)6.2%16.3%0.1920.7%
Bitcoin (BTCUSD)-15.3%44.2%-0.2530.6%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with ZIP
ZIP-33.2%60.3%-0.45-
Sector ETF (XLC)10.6%20.7%0.4242.1%
Equity (SPY)13.1%17.0%0.6144.7%
Gold (GLD)24.1%17.3%1.142.5%
Commodities (DBC)11.2%19.0%0.4711.7%
Real Estate (VNQ)4.8%18.8%0.1632.1%
Bitcoin (BTCUSD)6.3%56.7%0.3327.9%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with ZIP
ZIP-18.2%60.3%-0.45-
Sector ETF (XLC)9.4%22.4%0.5142.1%
Equity (SPY)14.5%17.9%0.7044.7%
Gold (GLD)14.4%15.6%0.772.5%
Commodities (DBC)8.6%17.6%0.4011.7%
Real Estate (VNQ)5.6%20.7%0.2332.1%
Bitcoin (BTCUSD)67.4%66.8%1.0727.9%

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Short Interest

Short Interest: As Of Date2272026
Short Interest: Shares Quantity5.6 Mil
Short Interest: % Change Since 2152026-11.2%
Average Daily Volume1.6 Mil
Days-to-Cover Short Interest3.5 days
Basic Shares Quantity84.7 Mil
Short % of Basic Shares6.6%

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
2/25/2026-23.5%-16.3% 
11/5/20254.9%17.0%31.2%
8/11/202510.9%26.7%35.9%
5/8/2025-23.6%-7.0%11.6%
2/25/2025-15.9%-13.5%-8.8%
11/6/202411.8%1.7%-17.9%
8/7/202413.7%12.1%25.7%
5/9/2024-11.3%-8.3%-12.5%
...
SUMMARY STATS   
# Positive10109
# Negative101010
Median Positive11.6%12.6%21.4%
Median Negative-10.8%-13.0%-12.2%
Max Positive16.4%26.7%68.1%
Max Negative-23.6%-26.6%-36.4%

SEC Filings

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Report DateFiling DateFiling
12/31/202502/25/202610-K
09/30/202511/05/202510-Q
06/30/202508/11/202510-Q
03/31/202505/08/202510-Q
12/31/202402/25/202510-K
09/30/202411/06/202410-Q
06/30/202408/07/202410-Q
03/31/202405/09/202410-Q
12/31/202302/28/202410-K
09/30/202311/08/202310-Q
06/30/202308/08/202310-Q
03/31/202305/09/202310-Q
12/31/202202/27/202310-K
09/30/202211/09/202210-Q
06/30/202208/15/202210-Q
03/31/202205/13/202210-Q

Insider Activity

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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Yarbrough, Timothy GEVP, Chief Financial OfficerSee footnoteSell10620263.693,03511,202256,064Form
2Shimanovsky, Boris FEVP, Chief Technology OfficerDirectSell122320254.553,88917,6801,554,480Form
3Siegel, Ian HCHIEF EXECUTIVE OFFICERSee footnoteSell122220254.7422,762107,855527,867Form
4Siegel, Ian HCHIEF EXECUTIVE OFFICERSee footnoteSell122220254.659,72245,184472,568Form
5Siegel, Ian HCHIEF EXECUTIVE OFFICERSee footnoteSell122220254.559,72244,201418,087Form