$22.02
-6.1%Yelp Inc. operates a platform that connects consumers with local businesses in the United States and internationally. The company's platform covers various local business categories, including restaurants, shopping, beauty and fitness, health, and other categories, as well as home, local, auto, professional, pets, events, real estate, and financial services. It provides free and paid advertising products to businesses, which include cost-per-click search advertising and multi-location Ad products, as well as enables businesses to deliver targeted search advertising to local audiences; and business listing page products. The company also offers other services comprising Yelp Reservations that provide online reservations for restaurants, nightlife, and other venues directly from their Yelp business pages; Yelp Waitlist, a subscription-based waitlist management solution that allows consumers to check wait times and join waitlists remotely, as well as businesses to manage seating and server rotation; Yelp Knowledge program that offers business owners local analytics and insights through access to its historical data and other proprietary content; and Yelp Fusion, which offers free and paid access to content and data for consumer-facing enterprise use through publicly available APIs. In addition, it provides content licensing, as well as allows third-party data providers to update and manage business listing information on behalf of businesses. Further, the company offers its products directly through its sales force; indirectly through partners; and online through its website, as well as non-advertising partner arrangements. It has strategic partnership with Grubhub for providing consumers with a service to place food orders for pickup and delivery. Yelp Inc. was incorporated in 2004 and is headquartered in San Francisco, California.
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Acceptable margins but limited operational leverage. Operating expense control is important.
Moderate profitability with room for improvement. Monitor interest expenses and tax efficiency.
Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.
High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.
YELP โข NYSE
| Yelp Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | |||||||||||||||||
1.5B | 1.4B | 1.3B | 1.2B | 1B | 872.9M | 1B | 942.8M | 846.8M | 713.1M | 549.7M | 377.5M | 233M | 137.6M | 83.3M | 47.7M | 25.8M | |
GROSS PROFIT | |||||||||||||||||
(142.6M) | (123.7M) | (114.2M) | (105.7M) | (78.1M) | (57.2M) | (62.4M) | (57.9M) | (70.5M) | (60.4M) | (51M) | (24.4M) | (16.6M) | (9.9M) | (5.9M) | (3.1M) | (1.1M) | |
1.3B | 1.3B | 1.2B | 1.1B | 953.7M | 815.7M | 951.8M | 884.9M | 776.3M | 652.7M | 498.7M | 353.2M | 216.4M | 127.6M | 77.4M | 44.6M | 24.7M | |
OPERATING INCOME | |||||||||||||||||
(1.1B) | (1.1B) | (1.1B) | (1B) | (922.2M) | (854.5M) | (916.3M) | (859M) | (761.3M) | (654.2M) | (520M) | (342.1M) | (224.6M) | (145.1M) | (93.5M) | (54.1M) | (27M) | |
(774.1M) | (770.9M) | (769M) | (679M) | (590M) | (567.5M) | (636.5M) | (603.9M) | (544.3M) | (480.3M) | (382.6M) | (259.3M) | (174.9M) | (117.4M) | (77.7M) | (45.2M) | (22.6M) | |
(313.7M) | (326M) | (332.6M) | (305.6M) | (276.5M) | (232.6M) | (230.4M) | (212.3M) | (175.8M) | (138.5M) | (107.8M) | (65.2M) | (38.2M) | (20.5M) | (11.6M) | (6.6M) | (3.2M) | |
185.1M | 151M | 79M | 58.4M | 31.5M | -38.8M | 35.5M | 25.9M | 179.5M | -5M | -21.3M | 11.1M | -8.8M | -18.8M | -16.2M | -9.5M | -2.3M | |
PRE-TAX INCOME | |||||||||||||||||
0.0 | 20.9M | 19.6M | 5.8M | 0.0 | 2.3M | 13.3M | 13.8M | 4.2M | 1.7M | 622K | 375K | 62K | 51K | 13K | 30K | 20K | |
(50.1M) | (40.4M) | (42.2M) | (44.9M) | (55.7M) | (54.5M) | (49.4M) | (14.1M) | (4.9M) | (1.7M) | (386K) | (221K) | -407K | -226K | (4.2M) | (2.3M) | (1.2M) | |
19M | 31.9M | 26M | 8.4M | 2.2M | 3.7M | 14.3M | 14.1M | 167.9M | -4.7M | 386K | 221K | -407K | -226K | -395K | 15K | 33K | |
204M | 183M | 105.1M | 66.8M | 33.7M | -35.1M | 49.8M | 40M | 184.3M | -3.3M | -20.9M | 11.3M | -9.2M | -19M | -16.6M | -9.5M | -2.3M | |
NET INCOME | |||||||||||||||||
(58.4M) | (50.1M) | (5.9M) | (30.4M) | -6M | -15.7M | (8.9M) | -15.3M | (31.5M) | (1.4M) | (12M) | -25.2M | (838K) | (122K) | (102K) | (75K) | (8K) | |
145.6M | 132.9M | 99.2M | 36.3M | 39.7M | -19.4M | 40.9M | 55.4M | 152.9M | -4.7M | -32.9M | 36.5M | -10.1M | -19.1M | -16.7M | -9.6M | -2.3M |
YELP - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
10-Q 10-Q 2026 Q1 Q1 | May 08, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 07, 2026 | May 07, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 29, 2026 | April 23, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 17, 2026 | June 05, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 27, 2026 | December 31, 2025 | 2025 | |
8-K/A 8-K/A 2026 (Amended) N/A | February 27, 2026 | February 12, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 12, 2026 | February 12, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 06, 2026 | February 02, 2026 | 2026 | |
8-K 8-K 2025 N/A | December 19, 2025 | December 18, 2025 | 2025 | |
10-Q 10-Q 2025 Q3 Q3 | November 07, 2025 | September 30, 2025 | 2025 |
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