Yelp Inc (YELP) financials
Yelp revenue and earnings by year
Yelp's revenue was $1.46 billion in the fiscal year to December 31, 2025, up 3.7% from the year before. Net income was $146 million, 9.9% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 8.3% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.46 | 1.41 | 1.34 | 1.19 | 1.03 | 0.87 | 1.01 | 0.94 | 0.85 | 0.72 |
| Revenue growth | 3.7% | 5.6% | 12.0% | 15.7% | 18.2% | -13.9% | 7.6% | 10.8% | 18.8% | — |
| Gross profit | 1.32 | 1.29 | 1.22 | 1.09 | 0.95 | 0.82 | 0.95 | 0.88 | 0.78 | 0.66 |
| Gross margin | 90.3% | 91.2% | 91.5% | 91.1% | 92.4% | 93.4% | 93.8% | 93.9% | 91.7% | 91.6% |
| Operating income | 0.18 | 0.15 | 0.08 | 0.06 | 0.03 | -0.04 | 0.04 | 0.03 | 0.18 | -0.00 |
| Operating margin | 12.6% | 10.7% | 5.9% | 4.9% | 3.1% | -4.4% | 3.5% | 2.7% | 21.1% | -0.3% |
| Net income | 0.15 | 0.13 | 0.10 | 0.04 | 0.04 | -0.02 | 0.04 | 0.06 | 0.15 | -0.00 |
| Net margin | 9.9% | 9.4% | 7.4% | 3.0% | 3.8% | -2.2% | 4.0% | 5.9% | 18.0% | -0.2% |
| Diluted EPS | $2.24 | $1.88 | $1.35 | $0.50 | $0.50 | -$0.27 | $0.56 | $0.63 | $1.76 | -$0.02 |
| Free cash flow | 0.32 | 0.25 | 0.28 | 0.16 | 0.18 | 0.14 | 0.17 | 0.12 | 0.14 | 0.09 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open YELP in Markets.
How Yelp makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Advertising Services | $241M | 64.2% |
| Advertising Restaurants & Other | $102M | 27.0% |
| Other Revenue | $33.0M | 8.8% |
See also: YELP valuation and P/E history · YELP returns
No forecast, no recommendation. This page describes Yelp Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.