YELP
Yelp Inc
NYSE: YELP · COMMUNICATION SERVICES · INTERNET CONTENT & INFORMATION
$28.01
+0.97% today
Updated 2026-04-29
Market cap
$1.56B
P/E ratio
12.50
P/S ratio
1.07x
EPS (TTM)
$2.24
Dividend yield
—
52W range
$20 – $41
Volume
1.3M
Yelp Inc (YELP) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $25.81M | $47.73M | $83.28M | $137.57M | $232.99M | $377.54M | $549.71M | $713.07M | $846.81M | $942.77M | $1.01B | $872.93M | $1.03B | $1.19B | $1.34B | $1.41B | $1.46B |
| Revenue growth (YoY) | — | +84.9% | +74.5% | +65.2% | +69.4% | +62.0% | +45.6% | +29.7% | +18.8% | +11.3% | +7.6% | -13.9% | +18.2% | +15.7% | +12.0% | +5.6% | +3.7% |
| Cost of revenue | $1.12M | $3.14M | $5.93M | $9.93M | $16.56M | $24.38M | $51.02M | $60.36M | $70.52M | $57.87M | $62.41M | $57.19M | $78.10M | $105.70M | $114.23M | $123.68M | $142.60M |
| Gross profit | $24.69M | $44.59M | $77.35M | $127.64M | $216.43M | $353.15M | $498.70M | $652.71M | $776.29M | $884.90M | $951.78M | $815.75M | $953.74M | $1.09B | $1.22B | $1.29B | $1.32B |
| Gross margin | 95.7% | 93.4% | 92.9% | 92.8% | 92.9% | 93.5% | 90.7% | 91.5% | 91.7% | 93.9% | 93.8% | 93.4% | 92.4% | 91.1% | 91.5% | 91.2% | 90.3% |
| R&D | $3.24M | $6.56M | $11.59M | $20.47M | $38.24M | $65.18M | $107.79M | $138.55M | $175.79M | $212.32M | $230.44M | $232.56M | $276.47M | $305.56M | $332.57M | $325.99M | $313.69M |
| SG&A | $4.60M | $11.29M | $23.16M | $31.53M | $42.91M | $58.27M | $80.87M | $97.48M | $105.67M | $120.57M | $136.09M | $130.45M | $135.82M | $164.11M | $212.43M | $184.96M | $181.95M |
| Operating income | $-2.33M | $-9.51M | $-16.17M | $-18.77M | $-8.82M | $11.06M | $-21.32M | $-4.98M | $179.49M | $25.90M | $35.51M | $-38.80M | $31.51M | $58.35M | $79.04M | $151.04M | $185.06M |
| Operating margin | -9.0% | -19.9% | -19.4% | -13.6% | -3.8% | 2.9% | -3.9% | -0.7% | 21.2% | 2.7% | 3.5% | -4.4% | 3.1% | 4.9% | 5.9% | 10.7% | 12.6% |
| EBITDA | $-1.13M | $-7.17M | $-6.00M | $-10.98M | $2.23M | $28.65M | $8.28M | $32.06M | $225.68M | $68.70M | $84.87M | $15.68M | $126.57M | $163.27M | $149.31M | $206.55M | $264.52M |
| EBITDA margin | -4.4% | -15.0% | -7.2% | -8.0% | 1.0% | 7.6% | 1.5% | 4.5% | 26.7% | 7.3% | 8.4% | 1.8% | 12.3% | 13.7% | 11.2% | 14.6% | 18.1% |
| EBIT | $-2.33M | $-9.51M | $-10.24M | $-18.20M | $-9.23M | $11.06M | $-21.32M | $-3.29M | $184.49M | $25.90M | $35.51M | $-34.93M | $31.55M | $66.78M | $79.04M | $151.04M | $204.03M |
| Interest expense | $20000.00 | $0.00 | $13000.00 | $51000.00 | $62000.00 | $727000.00 | $622000.00 | $1.72M | $4.19M | $13.80M | $14.26M | $4.05M | $116000.00 | $8.43M | — | — | — |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-2.31M | $-9.57M | $-16.67M | $-19.11M | $-10.07M | $36.47M | $-32.90M | $-4.67M | $152.86M | $55.35M | $40.88M | $-19.42M | $39.67M | $36.35M | $99.17M | $132.85M | $145.60M |
| Net income growth (YoY) | — | -314.5% | -74.2% | -14.7% | +47.3% | +462.3% | -190.2% | +85.8% | +3373.2% | -63.8% | -26.1% | -147.5% | +304.2% | -8.4% | +172.9% | +34.0% | +9.6% |
| Profit margin | -8.9% | -20.0% | -20.0% | -13.9% | -4.3% | 9.7% | -6.0% | -0.7% | 18.1% | 5.9% | 4.0% | -2.2% | 3.8% | 3.0% | 7.4% | 9.4% | 9.9% |