YELP · Yelp Inc

$22.35 -0.83 (-3.58%) At close · Aug 31

S&P 600 member Russell 2000 member Rebalance outlook locked

Market Cap

$1.23B

54.26M

Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.

Revenue

$1.46B +3.7%

FY2025

Net Income

$145.6M +9.6%

FY2025

Gross Margin

91.14% -1.3pp

FY2022

Operating Margin

12.6% +1.9pp

FY2025

Diluted EPS

$2.24 +19.1%

FY2025

Operating Cash Flow

$372.03M +30.2%

FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Income Statement Balance Sheet Cash Flow Adjusted All Metrics

Annual Quarterly

Line Item	3Y	5Y	10Y	FY2026 (G)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010
Revenue	+7.1%	+10.9%	+10.3%	$1.46B – $1.47B	$1.47B	$1.46B^G	$1.41B^G	$1.34B^G	$1.19B^G	$1.03B	$872.93M	$1.01B	$942.77M	$850.85M	$716.06M	$549.71M	$377.54M	$232.99M	$137.57M	$83.29M	$47.73M
Cost of Revenue	+19.2%	+8.4%	+26.7%	—	—	—	—	—	$105.71M	$78.1M	$57.19M	$62.41M	$57.87M	$70.52M	$60.36M	$51.02M	$24.38M	$16.56M	$9.93M	$5.93M	$3.14M
Gross Profit	+4.6%	+6.9%	+23.9%	—	—	—	—	—	$1.09B	$953.74M	$815.75M	$951.78M	$884.9M	$780.33M	$655.7M	$498.7M	$353.15M	$216.43M	$127.64M	$77.35M	$44.59M
Gross Margin	—	—	—	—	—	—	—	—	91.14%	92.43%	93.45%	93.85%	93.86%	91.71%	91.57%	90.72%	93.54%	92.89%	92.78%	92.88%	93.43%
Research & Development	+0.4%	+5.3%	+11.0%	—	—	$297.8M	$310.5M	$320.6M	$294.5M	$265.2M	$230.1M	$225.5M	$205.8M	$171.2M	$133.1M	$104.7M	$65.18M	$38.24M	$20.47M	$11.59M	$6.56M
Selling & Marketing	+4.8%	+6.3%	+7.0%	—	$607.78M	$592.11M	$585.98M	$556.61M	$514.93M	$454.22M	$437.06M	$500.39M	$483.31M	$437.42M	$379.9M	$301.76M	$201.05M	$131.97M	$85.92M	$54.54M	$33.92M
General & Administrative	+3.5%	+6.9%	+8.4%	—	$181.14M	$181.95M	$184.96M	$212.43M	$164.11M	$135.82M	$130.45M	$136.09M	$120.57M	$109.71M	$100.48M	$80.87M	$58.27M	$42.91M	$31.53M	$17.23M	$11.29M
Amortization of Intangibles	+79.9%	+30.7%	+4.3%	—	$17M	$9.9M	$2.8M	$1.4M	$1.7M	$2.8M	$2.6M	$3.3M	$3.5M	$6.6M	$6.8M	$6.5M	$2.4M	$2.3M	$400K	$0	—
Depreciation & Amortization	+3.8%	-0.2%	+5.4%	—	$59.73M	$50.09M	$40.41M	$42.18M	$44.85M	$55.68M	$50.61M	$49.36M	$42.81M	$41.2M	$35.35M	$29.6M	$17.59M	$11.46M	$7.22M	$4.24M	$2.33M
Restructuring Charges	—	—	—	—	—	—	—	$0	$0	$32K	$3.86M	$0	$0	—	—	—	—	—	$1.02M	—	—
Total Costs & Expenses	+4.1%	+7.0%	+8.4%	—	$1.3B	$1.28B	$1.26B	$1.26B	$1.14B	$1B	$911.73M	$978.68M	$916.88M	$671.23M	$718.08M	$571.04M	$366.48M	$241.81M	$156.33M	$99.46M	$57.24M
Operating Income	+46.8%	—	—	—	$172.8M	$184.52M	$151.05M	$79.04M	$58.35M	$31.51M	-$38.8M	$35.51M	$25.9M	$179.62M	-$2.02M	-$21.32M	$11.06M	-$8.82M	-$18.77M	-$16.17M	-$9.51M
Operating Margin	—	—	—	—	—	12.6%	10.7%	5.91%	4.89%	3.05%	-4.44%	3.5%	2.75%	21.11%	-0.28%	-3.88%	2.93%	-3.79%	-13.64%	-19.42%	-19.92%
EBITDA	+31.5%	+81.8%	+39.7%	—	$232.53M	$234.61M	$191.45M	$121.23M	$103.21M	$87.2M	$11.81M	$84.87M	$68.7M	$220.82M	$33.33M	$8.28M	$28.65M	$2.63M	-$11.54M	-$11.93M	-$7.17M
Interest Income	-18.4%	+29.6%	+54.2%	—	—	—	—	—	—	—	$2.27M	$13.33M	$13.8M	$4.19M	$1.72M	$622K	$375K	$62K	$51K	$13K	$30K
Other Non-Operating Income	+32.3%	+39.7%	+48.0%	—	$11.36M	$19.51M	$31.92M	$26.04M	$8.43M	$2.2M	$3.67M	$14.26M	$14.11M	$4.86M	$1.69M	$386K	$221K	-$407K	-$226K	-$395K	$15K
Investment Income (Loss)	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	$4000	—	—	—	—	—
Pretax Income	+45.1%	—	—	—	$184.16M	$204.03M	$182.96M	$105.08M	$66.78M	$33.72M	-$35.13M	$49.77M	$40.01M	$184.49M	-$326K	-$20.94M	$11.28M	-$9.23M	-$18.99M	-$16.57M	-$9.49M
Income Tax	+24.3%	—	+17.2%	—	$57.65M	$58.43M	$50.11M	$5.91M	$30.43M	-$5.95M	-$15.7M	$8.89M	-$15.34M	$31.49M	$1.39M	$11.96M	-$25.19M	$838K	$122K	$102K	$75K
Net Income	+58.8%	—	—	—	$126.51M	$145.6M	$132.85M	$99.17M	$36.35M	$39.67M	-$19.42M	$40.88M	$55.35M	$153M	-$1.71M	-$32.9M	$36.47M	-$10.07M	-$19.11M	-$16.67M	-$9.57M
Net Margin	—	—	—	—	—	9.94%	9.41%	7.42%	3.05%	3.84%	-2.23%	4.03%	5.87%	17.98%	-0.24%	-5.98%	9.66%	-4.32%	-13.89%	-20.01%	-20.04%
Net Income Available to Common Stockholders	—	—	—	—	—	—	—	—	—	—	—	—	$55.35M	$153M	-$4.67M	-$32.9M	$36.47M	-$10.07M	-$19.15M	-$16.86M	-$9.74M
Comprehensive Income	+68.8%	—	—	—	$123.83M	$153.35M	$129.62M	$102.52M	$31.89M	$35.39M	-$14.47M	$40.14M	$52.77M	$160.13M	-$3.77M	-$40.81M	$27.68M	-$7.69M	-$18.58M	-$16.37M	-$9.59M
EPS (Basic) USD/shares	+65.2%	—	—	—	$2.11	$2.30	$1.97	$1.43	$0.51	$0.53	-$0.27	$0.55	$0.66	$1.87	-$0.02	-$0.44	$0.51	-$0.15	-$0.35	-$1.10	-$0.71
EPS (Diluted) USD/shares	+64.9%	—	—	—	$2.08	$2.24	$1.88	$1.35	$0.50	$0.50	-$0.27	$0.52	$0.62	$1.76	-$0.02	-$0.44	$0.48	-$0.15	-$0.35	-$1.10	-$0.71
Shares Outstanding (Basic Avg) shares	-3.7%	-2.8%	-1.6%	—	—	63.33M	67.42M	69.22M	70.87M	74.22M	73.01M	74.63M	83.57M	81.6M	77.19M	74.68M	71.94M	65.67M	54.15M	15.29M	13.77M
Shares Outstanding (Diluted Avg) shares	-3.9%	-2.3%	-1.4%	—	—	65.09M	70.61M	73.6M	73.4M	78.62M	73.01M	77.97M	88.71M	87.17M	77.19M	74.68M	76.71M	65.67M	54.15M	15.29M	13.77M

Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2013–FY2025: $1.91B in buybacks.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue

—

Peer median 1.43×

EV/EBIT

—

Peer median 12.50×

P/E (TTM)

10.89×

Peer median 11.71×

Peer medians compare against the 23 similar-size Internet Content & Information companies (of 49 listed).

Valuation over time computed as of each quarter's filing date

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component	FY2025	FY2024	FY2023	FY2022
Reportable Segment	$1,464,955,000	$1,412,064,000	$1,337,062,000	$1,193,506,000

By Geography (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
United States	$1,455,256,000	$1,401,531,000	$1,327,263,000	$1,185,202,000	$1,023,143,000	$863,300,000	$1,000,245,000	$929,569,000
Non Us	$9,699,000	$10,533,000	$9,799,000	$8,304,000	$8,696,000	$9,633,000	$13,949,000	$13,204,000

By Product & Service (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Advertising Services	$947,564,000	$879,092,000	$793,112,000	$693,810,000	$607,770,000	$515,019,000	$512,729,000	$457,531,000
Advertising Restaurants and Other	$443,696,000	$469,928,000	$483,406,000	$440,593,000	$377,455,000	$321,096,000	$464,196,000	$449,956,000
Other Revenue	$73,695,000	$63,044,000	$60,544,000	$59,103,000	$33,418,000	$21,801,000	$24,833,000	$21,592,000
Other Services One	—	—	—	—	—	—	$24,833,000	$21,592,000
Transactions	—	—	$13,008,000	$14,063,000	$13,196,000	$15,017,000	$12,436,000	$13,694,000

Key facts CIK 1345016 CUSIP 985817105 13F (30d) 233 filings 227 filers Visit website Investor relations