YELP · Yelp Inc
Market Cap
$1.23B
Shares
54.26M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$23.18
Open$22.63
Day$22.57–23.35
52W close$19.78–33.83
Avg vol 30d1.0M
Short int8.6M · 15.9% float · 6.8d
Short vol49%
Last earningsAug 6, 2026
DataJan 2020–Aug 2026
Filing10-Q · Aug 7
Up next
Next earnings call
Nov 5, 2026
Est · unconfirmed
· in 9 wks
FQ3-26 quarter ends
~Sep 30, 2026
Est
filed Aug 7, 2026
AI Brief
Q1 FY26 earnings call · May 7, 2026
Q1 FY26
TL;DR. Yelp reported Q1 2026 net revenue of $361 million (+1% YoY) and adjusted EBITDA of $79 million (22% margin), both above the high end of outlook, while other revenue grew 75% YoY to a record $29 million; full-year 2026 guidance was reaffirmed.
Bullish
- + Net revenue of $361 million and adjusted EBITDA of $79 million both exceeded the high end of outlook by $6 million and $15 million, respectively. new
- + Other revenue grew 75% YoY to a record $29 million, with food ordering revenue up 88% YoY. new
- + Yelp Host surpassed an annual run rate of 1.5 million calls handled in April, more than doubling from January. new
- + Hatch's annual run rate revenue exceeded $34 million in March, up 92% YoY. new
- + Yelp Assistant now drives ~15% of Request-A-Quote projects, up from ~5% a year ago. new
- + Secured new data licensing agreements including with OpenAI, plus integrations with Amazon Alexa, Apple Maps, Microsoft Bing, Meta.ai and Yahoo. new
Bearish
- − Net income decreased 27% YoY to $18 million, reflecting a 5% margin. new
- − Adjusted EBITDA decreased 7% YoY to $79 million. new
- − RR&O ad revenue decreased 11% YoY to $99 million. new
- − Paying advertising locations declined 6% YoY to 485,000. new
- − Ad clicks declined 10% YoY, driven by lower consumer demand in RR&O categories. new
- − Full-year 2026 net revenue guided to $1.455–$1.475 billion; management cited meaningful uncertainty including impacts from the conflict in the Middle East observed in March. new
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Mentioned in fund letters
Equibles Rating
blended score · not investment adviceOverall
Sell
SellHoldBuy
Technical
Sell
Momentum
Very Weak
Sentiment
Bearish
Fundamentals
Excellent
Quant / Vol
Very High
Market backdrop
VIX 14.9 · calm
Equity put/call 0.62
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−11%
below
Price vs 50-day avg
−7%
below
RSI (14)
43
neutral
MACD trend
Negative
52-week position
24%
mid-range
Momentum
relative strength
1-month return
−12%
trailing
6-month return
−4%
trailing
YTD return
−24%
this year
Relative strength
−18%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $25 › 200d $26 — 200d above 50d
Institutional flow
Distributing
-6% holders QoQ · +43 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Rising
15.91% of float · ▲ +1.1% MoM · 6.8 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Steady
294 holders — mid 3-yr range
Squeeze score
68
elevated · 0–100
Fundamentals
Revenue growth
+4%
Y/Y
EPS growth
+19%
Y/Y
Free cash flow
$323.7M
Valuation
P/E 10.9
below peers
Buyback
$363.7M
remaining
Quant / Vol
risk profile
Volatility
43%
annualized · 1-yr
Max drawdown
−42%
past year
ATR
4.8%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the 8-K filed Aug 6, 2026
2026
Adjusted EBITDA
Non-GAAP
$315M – $325M
Third Quarter 2026
Net revenue
Initiated
$365M – $370M
prior qtr $375.52M
midpoint −2.1% QoQ
Adjusted EBITDA
Non-GAAP
Initiated
$70M – $75M
Full Year 2026 (Updated)
Net revenue
Maintained
$1.46B – $1.47B
May 7, 2026
$1.46B – $1.48B
changed to
Aug 6, 2026
$1.46B – $1.47B
prior FY $1.46B
midpoint +0.0% Y/Y
Full Year 2026
Stock-based compensation expense as a % of Net revenue
Maintained
7%
May 7, 2026
7%
changed to
Aug 6, 2026
7%
Depreciation and amortization as a % of Net revenue
Raised
5%
May 7, 2026
4%
changed to
Aug 6, 2026
5%
End of 2028
Other Revenue Annual Run Rate
$250M
Prior guidance
period ended
· from the 8-K filed May 7, 2026
Net revenue
· second quarter 2026
$363M – $368M
Adjusted EBITDA
· Second Quarter 2026
$70M – $75M
Stock-based compensation expense as a % of Net revenue
· Second Quarter 2026
8%
Depreciation and amortization as a % of Net revenue
· Second Quarter 2026
5%
Guided vs delivered
· last 8 settled
Net revenue
second quarter 2026
guided $363M – $368M
$375.52M
Beat +2.7%
Net revenue
full year
guided $1.46B – $1.47B
$1.46B
In line
Net revenue
Fourth Quarter 2025
guided $355M – $360M
$359.99M
In line
Net revenue
third quarter 2025
guided $365M – $370M
$376.04M
Beat +2.3%
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Sell
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−11%
Bearish
Price vs 50-day avg
−7%
Bearish
RSI (14)
43
Neutral
MACD trend
Negative
Bearish
52-week position
24%
Neutral
Market signals — smart money & positioning
Bearish · 2 of 6
Trend (MA cross)
No cross
50d $25 › 200d $26 — 200d above 50d
Institutional flow
Distributing
-6% holders QoQ · +43 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Rising
15.91% of float · ▲ +1.1% MoM · 6.8 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Steady
294 holders — mid 3-yr range
Price context
position in its 52-week range
Range low $20
Now $23 · 24%
Range high $34
vs 200-day avg -11%
vs 50-day avg -7%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Ad Clicks | -5% | the three months ended June 30, 2026 filing | — |
|
|
|||
| Average CPC | 1% | the three months ended June 30, 2026 filing | — |
| Restaurants, Retail & Other paying advertising locations | 251K | the three months ended June 30, 2026 filing | — |
|
|
|||
| Services paying advertising locations | 259K | the three months ended June 30, 2026 filing | — |
|
|
|||
| Total Paying Advertising Locations | 510K | the three months ended June 30, 2026 filing | — |
|
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|||
| Ad Clicks, y/y | -5% | 2Q26 | — |
| Adjusted EBITDA non-GAAP | 170.78M | Six Months Ended June 30 | — |
|
|
|||
| Adjusted EBITDA margin non-GAAP | 23% | Six Months Ended June 30 | — |
|
|
|||
| Free cash flow non-GAAP | $106.23M | Six Months Ended June 30, 2026 | — |
|
|
|||
| Hatch Annual Run Rate Revenue | $35M | June 2026 | — |
| Paying Advertising Locations | 510K | 2Q26 | — |
|
|
|||
| Restaurants, Retail & Other Advertising Revenue | 101.53M | 2Q26 | — |
| Services Advertising Revenue | 240.96M | 2Q26 | — |
|
|
|||
| Stock-based compensation as a percentage of revenue | 7% | the second quarter of 2026 | — |
| Total Advertising Revenue | 342.5M | 2Q26 | — |
| Yelp Host Calls Annual Run Rate | 2.4M | July 2026 | — |
| Average CPC, y/y | 8% | Q1 2026 | — |
|
|
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| Remaining share repurchase authorization | $414M | As of March 31, 2026 | — |
| Share repurchases | $125M | Q1 2026 | — |
| Active Claimed Local Business Locations | 8.39M | FY2025 | — |
| App Unique Devices | 28.01M | FY2025 | — |
| App unique devices (year-over-year change) | 2% | 2025 | — |
| Average cost per click | 10% | full year 2025 | — |
| Average CPC (Year-over-Year Percentage Change) | 6% | Q4 FY2025 | — |
| cumulative reviews | 330M | full year 2025 | — |
| Desktop Unique Devices | 40.49M | FY2025 | — |
| Hatch annual recurring revenue | $25M | November 2025 | — |
| Hatch ARR growth rate | 70% | November 2025 | — |
| Mobile Web Unique Devices | 59.73M | FY2025 | — |
| new reviews | 22M | full year 2025 | — |
| Request-a-Quote projects initiated through Yelp Assistant (year-over-year change) | 400% | 2025 | — |
| Total ad clicks (year-over-year change) | 7% | 2025 | — |
| Year-over-Year Percentage Change in Average CPC | 6% | Q4 2025 | — |
| Yelp Host calls answered since launch | 190,000 | 2025 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Internet Content & Information — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
YELP
this stock
Yelp Inc
|
$1.23B | -23.7% | +3.7% | 10.9 | 15.9% |
|
GOOGL
Alphabet Inc.
|
$4.24T | +10.7% | +15.1% | 17.4 | 0.6% |
|
META
Meta Platforms, Inc.
|
$1.47T | -12.4% | +47.1% | 21.8 | 1.1% |
|
SPOT
Spotify Technology S.A.
|
$112.56B | -5.7% | — | — | 2.4% |
|
NBIS
Nebius Group N.V.
|
$56.87B | +149.9% | +479.0% | — | 20.4% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Financials
Filings
Earnings & Events
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| YELP | -1.2% | -12.3% | -4.3% | -12.3% | -23.7% |
| SPY | +0.5% | +3.0% | +13.4% | +3.0% | +12.8% |
| vs SPY | -1.7% | -15.3% | -17.7% | -15.3% | -36.5% |
Capital returns
Buyback program
· as of Jun 30, 2026
Authorized
$2.45B
Spent (derived)
$2.09B
Remaining
$363.70M
Spent
Remaining
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.
Key facts
CIK
1345016
CUSIP
985817105
13F (30d)
233 filings
227 filers
Visit website
Investor relations