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6Apr 29, 2026·SEC
Feb 12, 2026·SEC
Feb 6, 2026·SEC
Yelp Inc. (YELP) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Yelp Inc. (YELP) stock price & volume — 10-year historical chart
Yelp Inc. (YELP) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Yelp Inc. (YELP) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 12, 2026 | $0.61vs $0.47+29.8% | $360Mvs $359M+0.2% |
| Q4 2025 | Nov 6, 2025 | $0.61vs $0.47+29.8% | $376Mvs $359M+4.8% |
| Q3 2025 | Aug 7, 2025 | $0.67vs $0.48+39.6% | $370Mvs $366M+1.2% |
| Q2 2025 | May 8, 2025 | $0.36vs $0.31+16.1% | $359Mvs $372M-3.7% |
Yelp Inc. (YELP) competitors in On-Demand Delivery and Local Services — business model, growth, and fundamentals comparison
Yelp Inc. (YELP) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Yelp Inc. (YELP) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 846.81M | 942.77M | 1.01B | 872.93M | 1.03B | 1.19B | 1.34B | 1.41B | 1.46B |
| Revenue Growth % | 18.76% | 11.33% | 7.58% | -13.93% | 18.2% | 15.67% | 12.03% | 5.61% | 3.75% |
| Cost of Goods Sold | 70.52M | 57.87M | 62.41M | 57.19M | 78.1M | 105.7M | 114.23M | 123.68M | 142.6M |
| COGS % of Revenue | 8.33% | 6.14% | 6.15% | 6.55% | 7.57% | 8.86% | 8.54% | 8.76% | 9.73% |
| Gross Profit | 776.29M▲ 0% | 884.9M▲ 14.0% | 951.78M▲ 7.6% | 815.75M▼ 14.3% | 953.74M▲ 16.9% | 1.09B▲ 14.1% | 1.22B▲ 12.4% | 1.29B▲ 5.4% | 1.32B▲ 2.6% |
| Gross Margin % | 91.67% | 93.86% | 93.85% | 93.45% | 92.43% | 91.14% | 91.46% | 91.24% | 90.27% |
| Gross Profit Growth % | 18.93% | 13.99% | 7.56% | -14.29% | 16.92% | 14.06% | 12.41% | 5.36% | 2.64% |
| Operating Expenses | 761.3M | 859M | 916.27M | 854.54M | 922.23M | 1.03B | 1.14B | 1.14B | 1.14B |
| OpEx % of Revenue | 89.9% | 91.11% | 90.34% | 97.89% | 89.38% | 86.25% | 85.55% | 80.54% | 77.67% |
| Selling, General & Admin | 544.32M | 603.88M | 636.48M | 567.51M | 590.04M | 679.03M | 769.04M | 770.94M | 774.06M |
| SG&A % of Revenue | 64.28% | 64.05% | 62.76% | 65.01% | 57.18% | 56.89% | 57.52% | 54.6% | 52.84% |
| Research & Development | 175.79M | 212.32M | 230.44M | 232.56M | 276.47M | 305.56M | 332.57M | 325.99M | 313.69M |
| R&D % of Revenue | 20.76% | 22.52% | 22.72% | 26.64% | 26.79% | 25.6% | 24.87% | 23.09% | 21.41% |
| Other Operating Expenses | 4.86M | 14.11M | 49.36M | 54.47M | 55.72M | 44.85M | 42.18M | 40.41M | 50.09M |
| Operating Income | 179.49M▲ 0% | 25.9M▼ 85.6% | 35.51M▲ 37.1% | -38.8M▼ 209.2% | 31.51M▲ 181.2% | 58.35M▲ 85.2% | 79.04M▲ 35.5% | 151.04M▲ 91.1% | 185.06M▲ 22.5% |
| Operating Margin % | 21.2% | 2.75% | 3.5% | -4.44% | 3.05% | 4.89% | 5.91% | 10.7% | 12.63% |
| Operating Income Growth % | 3704.84% | -85.57% | 37.12% | -209.25% | 181.23% | 85.17% | 35.46% | 91.09% | 22.52% |
| EBITDA | 220.68M | 68.7M | 84.87M | 11.81M | 126.54M | 154.84M | 149.31M | 206.55M | 245.55M |
| EBITDA Margin % | 26.06% | 7.29% | 8.37% | 1.35% | 12.26% | 12.97% | 11.17% | 14.63% | 16.76% |
| EBITDA Growth % | 626.72% | -68.87% | 23.53% | -86.08% | 971.07% | 22.37% | -3.57% | 38.33% | 18.88% |
| D&A (Non-Cash Add-back) | 41.2M | 42.81M | 49.36M | 50.61M | 95.02M | 96.49M | 70.27M | 55.5M | 60.49M |
| EBIT | 16.21M | 25.9M | 35.51M | -34.93M | 31.55M | 66.78M | 79.04M | 151.04M | 204.03M |
| Net Interest Income | 4.19M | 13.8M | 13.33M | 2.27M | 0 | 5.76M | 19.57M | 20.92M | 0 |
| Interest Income | 4.19M | 13.8M | 13.33M | 2.27M | 0 | 5.76M | 19.57M | 20.92M | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 167.87M | 14.11M | 14.26M | 3.67M | 2.2M | 8.43M | 26.04M | 31.91M | 18.97M |
| Pretax Income | 184.35M▲ 0% | 40.01M▼ 78.3% | 49.77M▲ 24.4% | -35.13M▼ 170.6% | 33.72M▲ 196.0% | 66.78M▲ 98.0% | 105.08M▲ 57.4% | 182.96M▲ 74.1% | 204.03M▲ 11.5% |
| Pretax Margin % | 21.77% | 4.24% | 4.91% | -4.02% | 3.27% | 5.6% | 7.86% | 12.96% | 13.93% |
| Income Tax | 31.49M | -15.34M | 8.89M | -15.7M | -5.95M | 30.43M | 5.91M | 50.11M | 58.43M |
| Effective Tax Rate % | 17.08% | -38.35% | 17.86% | 44.7% | -17.66% | 45.57% | 5.62% | 27.39% | 28.64% |
| Net Income | 152.86M▲ 0% | 55.35M▼ 63.8% | 40.88M▼ 26.1% | -19.42M▼ 147.5% | 39.67M▲ 304.2% | 36.35M▼ 8.4% | 99.17M▲ 172.9% | 132.85M▲ 34.0% | 145.6M▲ 9.6% |
| Net Margin % | 18.05% | 5.87% | 4.03% | -2.23% | 3.84% | 3.05% | 7.42% | 9.41% | 9.94% |
| Net Income Growth % | 3373.19% | -63.79% | -26.14% | -147.51% | 304.24% | -8.38% | 172.85% | 33.96% | 9.6% |
| Net Income (Continuing) | 153M | 55.35M | 40.88M | -19.42M | 39.67M | 36.35M | 99.17M | 132.85M | 145.6M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.75▲ 0% | 0.62▼ 64.6% | 0.52▼ 16.1% | -0.27▼ 151.9% | 0.50▲ 285.2% | 0.50▲ 0.0% | 1.35▲ 170.0% | 1.88▲ 39.3% | 2.24▲ 19.1% |
| EPS Growth % | 2992.56% | -64.57% | -16.13% | -151.92% | 285.19% | 0% | 170% | 39.26% | 19.15% |
| EPS (Basic) | 1.87 | 0.62 | 0.55 | -0.27 | 0.53 | 0.51 | 1.43 | 1.97 | 2.30 |
| Diluted Shares Outstanding | 87.17M | 88.71M | 77.97M | 73M | 78.62M | 73.4M | 73.6M | 70.61M | 65.09M |
| Basic Shares Outstanding | 81.6M | 88.71M | 74.63M | 73M | 74.22M | 70.87M | 69.22M | 67.42M | 63.33M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - |
Yelp Inc. (YELP) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 913.09M | 860.27M | 533.31M | 712.73M | 644.68M | 595.99M | 624.22M | 516.88M | 514.93M |
| Cash & Short-Term Investments | 821.22M | 755.86M | 412.28M | 606.8M | 489.78M | 410.62M | 446.4M | 327.91M | 319.35M |
| Cash Only | 547.85M | 332.76M | 170.28M | 595.88M | 479.78M | 306.38M | 313.91M | 217.32M | 216.06M |
| Short-Term Investments | 273.37M | 423.1M | 242M | 10.93M | 10M | 104.24M | 132.49M | 110.58M | 103.29M |
| Accounts Receivable | 76.17M | 87.31M | 106.83M | 88.4M | 136.23M | 163.24M | 146.15M | 155.32M | 153.22M |
| Days Sales Outstanding | 32.83 | 33.8 | 38.45 | 36.96 | 48.19 | 49.92 | 39.9 | 40.15 | 38.18 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 15.7M | 17.1M | 4.01M | 7.08M | 5.18M | 7.5M | 16.75M | 15.03M | 42.36M |
| Total Non-Current Assets | 303.42M | 315.29M | 537.39M | 442.22M | 405.85M | 419.93M | 390.51M | 466.69M | 443.54M |
| Property, Plant & Equipment | 103.65M | 114.8M | 308.81M | 269.93M | 224.64M | 174.62M | 117.26M | 99.78M | 107.73M |
| Fixed Asset Turnover | 8.17x | 8.21x | 3.28x | 3.23x | 4.59x | 6.84x | 11.40x | 14.15x | 13.60x |
| Goodwill | 107.95M | 105.62M | 104.59M | 109.26M | 105.13M | 102.33M | 103.89M | 130.98M | 135.85M |
| Intangible Assets | 16.89M | 13.36M | 10.08M | 13.52M | 10.67M | 9M | 7.64M | 58.79M | 49.04M |
| Long-Term Investments | 25.03M | 50.82M | 53.5M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 49.89M | 81.52M | 40.35M | 18.35M | 24.8M | 36.56M | 42.28M | 37.55M | 150.93M |
| Total Assets | 1.22B▲ 0% | 1.18B▼ 3.4% | 1.07B▼ 8.9% | 1.15B▲ 7.9% | 1.05B▼ 9.0% | 1.02B▼ 3.3% | 1.01B▼ 0.1% | 983.57M▼ 3.1% | 958.48M▼ 2.6% |
| Asset Turnover | 0.70x | 0.80x | 0.95x | 0.76x | 0.98x | 1.17x | 1.32x | 1.44x | 1.53x |
| Asset Growth % | 37.43% | -3.37% | -8.92% | 7.87% | -9.04% | -3.29% | -0.12% | -3.07% | -2.55% |
| Total Current Liabilities | 86.17M | 64.91M | 134.16M | 143.03M | 164.01M | 182.82M | 175.86M | 154.97M | 172.06M |
| Accounts Payable | 9.03M | 6.54M | 6M | 8.85M | 16.13M | 14.53M | 11.87M | 11.9M | 158.79M |
| Days Payables Outstanding | 46.75 | 41.25 | 35.1 | 56.51 | 75.37 | 50.15 | 37.92 | 35.13 | 406.45 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.43M |
| Deferred Revenue (Current) | 3.47M | 3.84M | 4.32M | 4.11M | 4.16M | 5.2M | 3.82M | 2.97M | 5.84M |
| Other Current Liabilities | 23.32M | 27.45M | 41.49M | 57.68M | 50.13M | 66.93M | 79.08M | 85.4M | 0 |
| Current Ratio | 10.60x | 13.25x | 3.98x | 4.98x | 3.93x | 3.26x | 3.55x | 3.34x | 2.99x |
| Quick Ratio | 10.60x | 13.25x | 3.98x | 4.98x | 3.93x | 3.26x | 3.55x | 3.34x | 2.99x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 30.74M | 35.14M | 181.55M | 157.38M | 135.2M | 122.77M | 89.33M | 84.62M | 75.57M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17.45M |
| Capital Lease Obligations | 0 | 0 | 174.76M | 148.94M | 127.98M | 86.66M | 48.06M | 22.47M | 17.45M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 30.74M | 35.14M | 6.8M | 8.45M | 7.22M | 36.11M | 41.26M | 62.15M | 40.66M |
| Total Liabilities | 116.9M | 100.05M | 315.71M | 300.41M | 299.21M | 305.6M | 265.19M | 239.6M | 247.63M |
| Total Debt | 0 | 0 | 232.26M | 200.1M | 168.22M | 126.33M | 87.3M | 43.15M | 42.33M |
| Net Debt | -547.85M | -332.76M | 61.98M | -395.78M | -311.57M | -180.04M | -226.61M | -174.18M | -173.73M |
| Debt / Equity | - | - | 0.31x | 0.23x | 0.22x | 0.18x | 0.12x | 0.06x | 0.06x |
| Debt / EBITDA | - | - | 2.74x | 16.94x | 1.33x | 0.82x | 0.58x | 0.21x | 0.17x |
| Net Debt / EBITDA | -2.48x | -4.84x | 0.73x | -33.50x | -2.46x | -1.16x | -1.52x | -0.84x | -0.71x |
| Interest Coverage | - | - | - | - | - | - | - | - | - |
| Total Equity | 1.1B▲ 0% | 1.08B▼ 2.2% | 754.99M▼ 29.8% | 854.53M▲ 13.2% | 751.32M▼ 12.1% | 710.32M▼ 5.5% | 749.53M▲ 5.5% | 743.97M▼ 0.7% | 710.85M▼ 4.5% |
| Equity Growth % | 36.23% | -2.19% | -29.8% | 13.18% | -12.08% | -5.46% | 5.52% | -0.74% | -4.45% |
| Book Value per Share | 12.61 | 12.12 | 9.68 | 11.71 | 9.56 | 9.68 | 10.18 | 10.54 | 10.92 |
| Total Shareholders' Equity | 1.1B | 1.08B | 754.99M | 854.53M | 751.32M | 710.32M | 749.53M | 743.97M | 710.85M |
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 70.08M | -52.92M | -493.05M | -533.94M | -760.16M | -923.82M | -1.02B | -1.14B | -1.29B |
| Treasury Stock | -46K | 0 | 0 | -2.96M | 0 | 0 | -282K | -3.91M | -999K |
| Accumulated OCI | -8.44M | -11.02M | -11.76M | -6.81M | -11.09M | -15.54M | -12.2M | -15.43M | -7.68M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Yelp Inc. (YELP) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 167.65M | 160.19M | 204.78M | 176.7M | 212.66M | 192.31M | 306.28M | 285.81M | 371.37M |
| Operating CF Margin % | 19.8% | 16.99% | 20.19% | 20.24% | 20.61% | 16.11% | 22.91% | 20.24% | 25.35% |
| Operating CF Growth % | 32.11% | -4.45% | 27.84% | -13.71% | 20.35% | -9.57% | 59.26% | -6.68% | 29.93% |
| Net Income | 152.86M | 55.35M | 40.88M | -19.42M | 39.67M | 36.35M | 99.17M | 132.85M | 145.6M |
| Depreciation & Amortization | 41.2M | 42.81M | 49.36M | 50.61M | 95.02M | 77.66M | 70.27M | 55.5M | 60.49M |
| Stock-Based Compensation | 100.42M | 114.39M | 121.51M | 124.57M | 151.68M | 156.09M | 173.45M | 158.19M | 0 |
| Deferred Taxes | -146.37M | -15.47M | -2.8M | -11.18M | -9.19M | -56.62M | -22.15M | -24.92M | 25.07M |
| Other Non-Cash Items | -19K | 19.37M | 60.91M | 92.65M | 29.26M | 55.33M | 87.89M | 73.97M | 207.4M |
| Working Capital Changes | 19.56M | -56.26M | -65.08M | -60.53M | -93.78M | -76.5M | -102.35M | -109.78M | -67.19M |
| Change in Receivables | -32.11M | -35.66M | -42.07M | -13.83M | -33.53M | -49.55M | -54.95M | -51.03M | -41.87M |
| Change in Inventory | -1.36M | -773K | -20.15M | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 52.88M | -20.2M | 20.15M | 15.38M | 30M | 49.14M | -2.55M | 4.8M | 22.72M |
| Cash from Investing | 79.9M | -164.37M | 124.33M | 248.36M | -27.65M | -126.14M | -54.68M | -77.27M | -45.65M |
| Capital Expenditures | -30.25M | -44.97M | -37.52M | -32M | -28.28M | -31.98M | -26.85M | -37.35M | -48.35M |
| CapEx % of Revenue | 3.57% | 4.77% | 3.7% | 3.67% | 2.74% | 2.68% | 2.01% | 2.64% | 3.3% |
| Acquisitions | 202.12M | 20.12M | 0 | 0 | 0 | 0 | 0 | -66.2M | 0 |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | -1.08M | -19.88M | 29.21M | -5.8M | 632K | 94K | 195K | -10K | 114K |
| Cash from Financing | 27.16M | -207.75M | -491.52M | -21.05M | -300.49M | -237.53M | -246.78M | -303.8M | -329.39M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 28.36M | -157.6M | -448.75M | -24.4M | -262.93M | -200.01M | -200M | -251.18M | -272.5M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -12.56M | -187.38M | -481.01M | -24.4M | -262.93M | -200.01M | -200M | -251.18M | -292.17M |
| Other Financing | -1.2M | -50.14M | -42.77M | 3.34M | -37.56M | -37.53M | -46.78M | -52.62M | -56.89M |
| Net Change in Cash | 275.65M▲ 0% | -211.57M▼ 176.8% | -162.52M▲ 23.2% | 404.22M▲ 348.7% | -115.9M▼ 128.7% | -173.5M▼ 49.7% | 6.86M▲ 104.0% | -96.32M▼ 1503.3% | -1.26M▲ 98.7% |
| Free Cash Flow | 137.4M▲ 0% | 115.22M▼ 16.1% | 167.26M▲ 45.2% | 138.57M▼ 17.2% | 184.37M▲ 33.1% | 160.33M▼ 13.0% | 279.43M▲ 74.3% | 248.47M▼ 11.1% | 323.02M▲ 30.0% |
| FCF Margin % | 16.23% | 12.22% | 16.49% | 15.87% | 17.87% | 13.43% | 20.9% | 17.6% | 22.05% |
| FCF Growth % | 53.46% | -16.15% | 45.17% | -17.15% | 33.05% | -13.04% | 74.29% | -11.08% | 30% |
| FCF per Share | 1.58 | 1.30 | 2.15 | 1.90 | 2.35 | 2.18 | 3.80 | 3.52 | 4.96 |
| FCF Conversion (FCF/Net Income) | 1.10x | 2.89x | 5.01x | -9.10x | 5.36x | 5.29x | 3.09x | 2.15x | 2.55x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 530K | 29.16M | 6.91M | 214K | 2.52M | 50.42M | 30.63M | 58.19M | 0 |
Yelp Inc. (YELP) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -0.62% | 16.03% | 5.09% | 4.47% | -2.41% | 4.94% | 4.97% | 13.59% | 17.79% | 20.02% |
| Return on Invested Capital (ROIC) | -0.71% | 24.77% | 3% | 3.42% | -4.56% | 5.26% | 9.02% | 11.26% | 20.73% | 25.08% |
| Gross Margin | 91.53% | 91.67% | 93.86% | 93.85% | 93.45% | 92.43% | 91.14% | 91.46% | 91.24% | 90.27% |
| Net Margin | -0.65% | 18.05% | 5.87% | 4.03% | -2.23% | 3.84% | 3.05% | 7.42% | 9.41% | 9.94% |
| Debt / Equity | - | - | - | 0.31x | 0.23x | 0.22x | 0.18x | 0.12x | 0.06x | 0.06x |
| FCF Conversion | -27.17x | 1.10x | 2.89x | 5.01x | -9.10x | 5.36x | 5.29x | 3.09x | 2.15x | 2.55x |
| Revenue Growth | 29.72% | 18.76% | 11.33% | 7.58% | -13.93% | 18.2% | 15.67% | 12.03% | 5.61% | 3.75% |
Yelp Inc. (YELP) SEC filings — annual & quarterly reports (10-K, 10-Q)
Apr 29, 2026·SEC
Feb 12, 2026·SEC
Feb 6, 2026·SEC
Yelp Inc. (YELP) stock FAQ — growth, dividends, profitability & financials explained
Yelp Inc. (YELP) reported $1.46B in revenue for fiscal year 2025. This represents a 2969% increase from $47.7M in 2010.
Yelp Inc. (YELP) grew revenue by 3.7% over the past year. Growth has been modest.
Yes, Yelp Inc. (YELP) is profitable, generating $145.6M in net income for fiscal year 2025 (9.9% net margin).
Yelp Inc. (YELP) has a return on equity (ROE) of 20.0%. This is excellent, indicating efficient use of shareholder capital.
Yelp Inc. (YELP) generated $323.0M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Yelp Inc. (YELP) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates