Yelp Inc. (YELP) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 361.46M | 359.99M | 376.04M | 370.39M | 358.53M | 361.95M | 360.34M | 357.02M | 332.75M | 342.38M | 345.12M | 337.13M | 312.44M | 309.1M | 308.89M | 298.88M | 276.63M | 273.4M | 269.15M | 257.19M |
| Revenue Growth % | 0.82% | -0.54% | 4.36% | 3.75% | 7.75% | 5.72% | 4.41% | 5.9% | 6.5% | 10.76% | 11.73% | 12.79% | 12.95% | 13.06% | 14.76% | 16.21% | 19.19% | 17.24% | 21.9% | 52.16% |
| Cost of Goods Sold | 54.64M | 36.03M | 36.29M | 35.45M | 34.83M | 33.27M | 32.38M | 30.68M | 27.36M | 29.62M | 28.37M | 30.18M | 26.06M | 28.48M | 26.8M | 26.99M | 23.43M | 24.05M | 21.18M | 17.99M |
| COGS % of Revenue | 15.12% | 10.01% | 9.65% | 9.57% | 9.71% | 9.19% | 8.99% | 8.59% | 8.22% | 8.65% | 8.22% | 8.95% | 8.34% | 9.21% | 8.68% | 9.03% | 8.47% | 8.79% | 7.87% | 7% |
| Gross Profit | 306.81M | 323.96M | 339.75M | 334.95M | 323.71M | 328.68M | 327.96M | 326.34M | 305.4M | 312.76M | 316.75M | 306.94M | 286.38M | 280.62M | 282.09M | 271.9M | 253.2M | 249.35M | 247.97M | 239.19M |
| Gross Margin % | 84.88% | 89.99% | 90.35% | 90.43% | 90.29% | 90.81% | 91.01% | 91.41% | 91.78% | 91.35% | 91.78% | 91.05% | 91.66% | 90.79% | 91.32% | 90.97% | 91.53% | 91.21% | 92.13% | 93% |
| Gross Profit Growth % | -5.22% | -1.44% | 3.59% | 2.64% | 6% | 5.09% | 3.54% | 6.32% | 6.64% | 11.45% | 12.29% | 12.89% | 13.1% | 12.54% | 13.76% | 13.67% | 16.56% | 14.45% | 19.44% | 52.15% |
| Operating Expenses | 274.2M | 275.07M | 286.87M | 281.66M | 294.25M | 275.25M | 281.31M | 286.59M | 294.18M | 287.75M | 274.88M | 288.2M | 292.97M | 247.24M | 268.66M | 255.9M | 257.65M | 229.76M | 226.32M | 240.28M |
| OpEx % of Revenue | 75.86% | 76.41% | 76.29% | 76.04% | 82.07% | 76.05% | 78.07% | 80.27% | 88.41% | 84.04% | 79.65% | 85.49% | 93.77% | 79.98% | 86.98% | 85.62% | 93.14% | 84.04% | 84.09% | 93.42% |
| Selling, General & Admin | 202.36M | 188.94M | 196.43M | 190.93M | 197.99M | 188.75M | 194.24M | 194.93M | 193.02M | 199.12M | 183.4M | 192.56M | 193.96M | 164.32M | 181.44M | 167.79M | 165.48M | 142.24M | 144.3M | 158.74M |
| SG&A % of Revenue | 55.98% | 52.48% | 52.24% | 51.55% | 55.22% | 52.15% | 53.9% | 54.6% | 58.01% | 58.16% | 53.14% | 57.12% | 62.08% | 53.16% | 58.74% | 56.14% | 59.82% | 52.03% | 53.61% | 61.72% |
| Research & Development | 77.16M | 73.28M | 78.14M | 78.36M | 83.91M | 74.94M | 77.75M | 82.08M | 91.23M | 78.32M | 81.02M | 85.03M | 88.2M | 72.22M | 75.8M | 76.85M | 80.69M | 70.38M | 69.4M | 68.69M |
| R&D % of Revenue | 21.35% | 20.36% | 20.78% | 21.16% | 23.4% | 20.7% | 21.58% | 22.99% | 27.42% | 22.88% | 23.48% | 25.22% | 28.23% | 23.37% | 24.54% | 25.71% | 29.17% | 25.74% | 25.79% | 26.71% |
| Other Operating Expenses | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 32.61M | 48.89M | 52.88M | 53.29M | 29.46M | 53.43M | 46.65M | 39.75M | 11.22M | 25.02M | 41.87M | 18.74M | -6.59M | 33.38M | 13.42M | 16M | -4.46M | 19.59M | 21.64M | -1.08M |
| Operating Margin % | 9.02% | 13.58% | 14.06% | 14.39% | 8.22% | 14.76% | 12.95% | 11.13% | 3.37% | 7.31% | 12.13% | 5.56% | -2.11% | 10.8% | 4.35% | 5.35% | -1.61% | 7.17% | 8.04% | -0.42% |
| Operating Income Growth % | 10.71% | -8.5% | 13.36% | 34.07% | 162.64% | 113.59% | 11.41% | 112.07% | 270.29% | -25.07% | 211.93% | 17.13% | -47.82% | 70.39% | -37.98% | 1580.2% | 48.44% | 35.32% | 132.12% | 96.94% |
| EBITDA | 50.55M | 61.74M | 65.41M | 65.66M | 45.25M | 68.73M | 59.68M | 53.13M | 25.01M | 40.55M | 59.48M | 37.16M | 12.12M | 44.07M | 32.93M | 44.13M | 7.03M | 36.73M | 34.27M | 11.75M |
| EBITDA Margin % | 13.99% | 17.15% | 17.39% | 17.73% | 12.62% | 18.99% | 16.56% | 14.88% | 7.52% | 11.84% | 17.24% | 11.02% | 3.88% | 14.26% | 10.66% | 14.76% | 2.54% | 13.44% | 12.73% | 4.57% |
| EBITDA Growth % | 11.71% | -10.17% | 9.6% | 23.57% | 80.94% | 69.47% | 0.33% | 43% | 106.39% | -7.98% | 80.62% | -15.8% | 72.26% | 19.98% | -3.91% | 275.5% | 58.42% | 33.07% | 56.72% | 151.62% |
| D&A (Non-Cash Add-back) | 17.94M | 12.85M | 12.53M | 12.37M | 15.79M | 15.3M | 13.03M | 13.39M | 13.79M | 15.54M | 17.61M | 18.41M | 18.7M | 10.69M | 19.51M | 28.13M | 11.49M | 17.14M | 12.63M | 12.83M |
| EBIT | 32.61M | 51.58M | 58.23M | 58.98M | 29.46M | 53.43M | 46.65M | 39.75M | 11.22M | 25.02M | 41.87M | 18.74M | -6.59M | 33.38M | 13.42M | 16M | -4.46M | 19.59M | 21.64M | -1.07M |
| Net Interest Income | 639K | 0 | 6.96M | 3.45M | 3.51M | 4.53M | 5.31M | 5.42M | 5.66M | 5.72M | 5.19M | 4.66M | 4.01M | 3.2M | 2.01M | 529K | 22K | -33K | -31K | -34K |
| Interest Income | 639K | 0 | 6.96M | 3.45M | 3.51M | 4.53M | 5.31M | 5.42M | 5.66M | 5.72M | 5.19M | 4.66M | 4.01M | 3.2M | 2.01M | 529K | 22K | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 33K | 31K | 34K |
| Other Income/Expense | -2.73M | 2.69M | 5.35M | 5.7M | 5.77M | 6.64M | 7.23M | 10.32M | 7.72M | 8.78M | 6.15M | 5.9M | 5.21M | 3.48M | 2.69M | 1.33M | 929K | 626K | 331K | 542K |
| Pretax Income | 29.88M | 51.58M | 58.23M | 58.98M | 35.23M | 60.07M | 53.88M | 50.07M | 18.94M | 33.79M | 48.03M | 24.64M | -1.38M | 36.86M | 16.11M | 17.33M | -3.53M | 20.22M | 21.98M | -539K |
| Pretax Margin % | 8.27% | 14.33% | 15.49% | 15.92% | 9.83% | 16.6% | 14.95% | 14.02% | 5.69% | 9.87% | 13.92% | 7.31% | -0.44% | 11.93% | 5.22% | 5.8% | -1.27% | 7.4% | 8.16% | -0.21% |
| Income Tax | 12.15M | 13.78M | 18.91M | 14.9M | 10.84M | 17.85M | 15.44M | 12.03M | 4.79M | 6.38M | -10.19M | 9.91M | -197K | 16.72M | 7.01M | 9.32M | -2.61M | -2.97M | 3.91M | -4.75M |
| Effective Tax Rate % | 40.65% | 26.72% | 32.47% | 25.25% | 30.77% | 29.71% | 28.66% | 24.03% | 25.27% | 18.89% | -21.22% | 40.22% | 14.33% | 45.35% | 43.48% | 53.78% | 74.06% | -14.69% | 17.8% | 881.45% |
| Net Income | 17.73M | 37.8M | 39.32M | 44.09M | 24.39M | 42.22M | 38.44M | 38.04M | 14.15M | 27.41M | 58.22M | 14.73M | -1.18M | 20.14M | 9.11M | 8.01M | -915K | 23.19M | 18.07M | 4.21M |
| Net Margin % | 4.91% | 10.5% | 10.46% | 11.9% | 6.8% | 11.66% | 10.67% | 10.65% | 4.25% | 8% | 16.87% | 4.37% | -0.38% | 6.52% | 2.95% | 2.68% | -0.33% | 8.48% | 6.71% | 1.64% |
| Net Income Growth % | -27.29% | -10.48% | 2.3% | 15.91% | 72.33% | 54.05% | -33.97% | 158.24% | 1301.53% | 36.04% | 539.17% | 83.91% | -28.74% | -13.13% | -49.58% | 90.15% | 84.21% | 9.96% | 1871.08% | 117.56% |
| Net Income (Continuing) | 17.73M | 37.8M | 39.32M | 44.09M | 24.39M | 42.22M | 38.44M | 38.04M | 14.15M | 27.41M | 58.22M | 14.73M | -1.18M | 20.14M | 9.11M | 8.01M | -915K | 23.19M | 18.07M | 4.21M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.30 | 0.61 | 0.60 | 0.67 | 0.36 | 0.62 | 0.56 | 0.54 | 0.20 | 0.37 | 0.79 | 0.21 | -0.02 | 0.28 | 0.13 | 0.11 | -0.01 | 0.30 | 0.23 | 0.05 |
| EPS Growth % | -16.67% | -1.61% | 7.14% | 24.07% | 80% | 67.57% | -29.11% | 157.14% | 1283.43% | 32.14% | 507.69% | 90.91% | -32.03% | -6.67% | -43.48% | 120% | 83.38% | 11.11% | 1754.68% | 115.15% |
| EPS (Basic) | 0.30 | 0.62 | 0.62 | 0.69 | 0.37 | 0.64 | 0.57 | 0.56 | 0.21 | 0.40 | 0.84 | 0.21 | -0.02 | 0.29 | 0.13 | 0.11 | -0.01 | 0.32 | 0.24 | 0.06 |
| Diluted Shares Outstanding | 59.37M | 62.02M | 65.97M | 65.68M | 67.32M | 67.99M | 69.16M | 70.44M | 72.25M | 73.16M | 73.57M | 71.24M | 69.82M | 71.61M | 72.66M | 72.83M | 71.64M | 76.05M | 77.42M | 78.98M |
| Basic Shares Outstanding | 58.82M | 61.05M | 64.14M | 64.14M | 65.26M | 66.08M | 67.22M | 67.81M | 68.56M | 68.79M | 69.03M | 69.26M | 69.82M | 70M | 70.63M | 71.22M | 71.64M | 72.95M | 73.9M | 74.81M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |