Yelp Inc. (YELP) Revenue History
Annual and quarterly revenue from 2010 to present
YELP Revenue Over Time (2010–2025)
YELP Revenue Growth History
14 of 15 years with positive growth- FY2010 revenue growth
- N/A
- FY2011 revenue growth
- +74.5%
- FY2012 revenue growth
- +65.2%
- FY2013 revenue growth
- +69.4%
- FY2014 revenue growth
- +62.0%
- FY2015 revenue growth
- +45.6%
- FY2016 revenue growth
- +29.7%
- FY2017 revenue growth
- +18.8%
- FY2018 revenue growth
- +11.3%
- FY2019 revenue growth
- +7.6%
- FY2020 revenue growth
- -13.9%
- FY2021 revenue growth
- +18.2%
- FY2022 revenue growth
- +15.7%
- FY2023 revenue growth
- +12.0%
- FY2024 revenue growth
- +5.6%
- FY2025 revenue growth
- +3.7%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $361.5M | +0.8% |
| Q4 2025 | $360.0M | -0.5% |
| Q3 2025 | $376.0M | +4.4% |
| Q2 2025 | $370.4M | +3.7% |
| Q1 2025 | $358.5M | +7.7% |
| Q4 2024 | $362.0M | +5.7% |
| Q3 2024 | $360.3M | +4.4% |
| Q2 2024 | $357.0M | +5.9% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
YELP's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
YELP Revenue Analysis (2010–2025)
Current Revenue & Growth
As of June 21, 2026, Yelp Inc. (YELP) generated trailing twelve-month (TTM) revenue of $1.47 billion, reflecting modest growth of +0.8% year-over-year. The most recent quarter (Q1 2026) recorded $361.5 million in revenue, up 0.4% sequentially.
Historical Growth Trajectory
YELP's 5-year compound annual growth rate (CAGR) stands at +10.9%, indicating consistent double-digit revenue growth. The 3-year CAGR of +7.1% is below the 5-year average, signalling a growth deceleration in recent years. Yelp Inc.'s highest annual revenue of $1.46 billion was recorded in 2025, an all-time high.
Revenue by Segment
YELP's revenue is primarily driven by Advertising (49%), Advertising, Services (33%), and Advertising, Restaurants and Other (16%). The diversified mix across segments reduces dependence on any single product line, which can support more resilient revenue in downturns.
Peer Comparison
Compared to Communication Services sector peers — including ANGI (-9.1% YoY), IAC (-20.8% YoY), and TRIP (+2.0% YoY) — YELP has outperformed the peer group in revenue growth. Compare YELP vs ANGI →
YELP Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| YELPCurrent | $1.5B | +0.8% | +10.9% | 12.6% | |
 ANGI | $1.0B | -9.1% | -6.8% | 7.6% | |
 IAC | $2.4B | -20.8% | -2.8% | -4.1% | |
 TRIP | $1.9B | +2.0% | +25.6% | 4.2% | |
 GOOGL | $403.0B | +17.5% | +17.2% | 32.1% | |
 OPEN | $4.4B | -23.2% | +11.1% | -6.2% |
YELP Historical Revenue Data (2010–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.46B | +3.7% | $1.32B | 90.3% | $185.1M | 12.6% |
| 2024 | $1.41B | +5.6% | $1.29B | 91.2% | $151.0M | 10.7% |
| 2023 | $1.34B | +12.0% | $1.22B | 91.5% | $79.0M | 5.9% |
| 2022 | $1.19B | +15.7% | $1.09B | 91.1% | $58.4M | 4.9% |
| 2021 | $1.03B | +18.2% | $953.7M | 92.4% | $31.5M | 3.1% |
| 2020 | $872.9M | -13.9% | $815.7M | 93.4% | $-38,795,000 | -4.4% |
| 2019 | $1.01B | +7.6% | $951.8M | 93.8% | $35.5M | 3.5% |
| 2018 | $942.8M | +11.3% | $884.9M | 93.9% | $25.9M | 2.7% |
| 2017 | $846.8M | +18.8% | $776.3M | 91.7% | $179.5M | 21.2% |
| 2016 | $713.1M | +29.7% | $652.7M | 91.5% | $-4,979,000 | -0.7% |
| 2015 | $549.7M | +45.6% | $498.7M | 90.7% | $-21,324,000 | -3.9% |
| 2014 | $377.5M | +62.0% | $353.2M | 93.5% | $11.1M | 2.9% |
| 2013 | $233.0M | +69.4% | $216.4M | 92.9% | $-8,823,000 | -3.8% |
| 2012 | $137.6M | +65.2% | $127.6M | 92.8% | $-18,765,000 | -13.6% |
| 2011 | $83.3M | +74.5% | $77.4M | 92.9% | $-16,171,000 | -19.4% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
16+ years return with dividends reinvested.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
YELP — Frequently Asked Questions
Quick answers to the most common questions about buying YELP stock.
Is YELP's revenue growth accelerating or slowing?
YELP revenue growth is slowing. TTM revenue is $1.5B, up +0.8% year-over-year — below the 5-year CAGR of +10.9%. The deceleration suggests maturing end-markets or increased competition.
What is YELP's revenue history from 2010 to 2026?
Yelp Inc. (YELP) revenue history spans 2010 to 2026. TTM revenue as of 2026 is $1.5B, growing at +0.8% YoY. The 5-year CAGR is +10.9%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is YELP's long-term revenue growth rate (CAGR)?
Yelp Inc.'s 5-year revenue CAGR of +10.9% reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of +0.8% is below this long-term average. CAGR is the most reliable measure of sustained revenue momentum for YELP.
Why does YELP's quarterly revenue fluctuate?
YELP quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Yelp Inc.'s revenue data from 2010 to 2026 shows full historical quarterly detail on this page.
How is YELP's revenue distributed by segment?
YELP reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does YELP's revenue compare to industry peers?
Yelp Inc. (YELP) with TTM revenue of $1.5B and +0.8% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.