YELP · Yelp Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $361.46M | - | $376.04M | $370.39M | $358.53M | - | $360.34M | $357.02M | $332.75M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $49.35M | - | $45.46M | $46.32M | $51.71M | - | $49.60M | $44.63M | $45.23M | - |
| Total Operating Expenses | $334.16M | - | $323.15M | $317.10M | $329.07M | - | $313.69M | $317.27M | $321.54M | - |
| D&A | $16.23M | - | $12.53M | $12.37M | $12.35M | - | $9.33M | $9.59M | $9.93M | - |
| Operating Income | $27.30M | - | $52.88M | $53.29M | $29.46M | - | $46.65M | $39.75M | $11.22M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $12.15M | - | $18.91M | $14.90M | $10.84M | - | $15.44M | $12.03M | $4.79M | - |
| Net Income | $17.73M | - | $39.32M | $44.09M | $24.39M | - | $38.44M | $38.04M | $14.15M | - |
| EPS - Basic | $0.30 | - | $0.62 | $0.69 | $0.37 | - | $0.57 | $0.56 | $0.21 | - |
| EPS - Diluted | $0.30 | - | $0.61 | $0.67 | $0.36 | - | $0.56 | $0.54 | $0.20 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $110.41M | $216.06M | $231.07M | $197.69M | $222.03M | $217.32M | $261.59M | $252.44M | $296.05M | $313.91M |
| Accounts Receivable | $152.21M | $153.22M | $153.48M | $156.00M | $158.18M | $155.32M | $155.13M | $153.87M | $147.69M | $146.15M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $6.87M | $9.79M | $12.12M | $11.88M | $12.74M | $11.90M | $6.90M | $12.47M | $6.08M | $11.87M |
| Current Assets | $302.03M | $514.93M | $550.30M | $509.41M | $527.71M | $516.88M | $590.23M | $583.68M | $606.90M | $624.22M |
| Total Assets | $1.01B | $958.48M | $989.88M | $980.17M | $985.20M | $983.57M | $980.21M | $964.98M | $993.48M | $1.01B |
| Current Liabilities | $173.72M | $172.06M | $184.12M | $155.73M | $182.39M | $154.97M | $170.37M | $158.07M | $191.30M | $175.86M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $382.21M | $247.63M | $256.73M | $233.77M | $257.19M | $239.60M | $240.67M | $229.63M | $271.50M | $265.19M |
| Stockholders' Equity | $631.09M | $710.85M | $733.15M | $746.40M | $728.02M | $743.97M | $739.54M | $735.35M | $721.97M | $749.53M |
| Retained Earnings | ($1.39B) | ($1.29B) | ($1.24B) | ($1.20B) | ($1.18B) | ($1.14B) | ($1.12B) | ($1.10B) | ($1.07B) | ($1.02B) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $57.82M | - | - | - | $98.00M | - | - | - | $72.86M | - |
| Investing Cash Flow | ($167.88M) | - | - | - | ($12.00M) | - | - | - | ($6.40M) | - |
| Financing Cash Flow | $4.92M | - | - | - | ($81.71M) | - | - | - | ($83.83M) | - |
| CapEx | $12.66M | - | - | - | $10.53M | - | - | - | $6.99M | - |
| Free Cash Flow | $45.16M | - | - | - | $87.46M | - | - | - | $65.87M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 7.6% | - | 14.1% | 14.4% | 8.2% | - | 12.9% | 11.1% | 3.4% | - |
| EBITDA margin | 12.0% | - | 17.4% | 17.7% | 11.7% | - | 15.5% | 13.8% | 6.4% | - |
| Net margin | 4.9% | - | 10.5% | 11.9% | 6.8% | - | 10.7% | 10.7% | 4.3% | - |
| Free cash flow margin | 12.5% | - | - | - | 24.4% | - | - | - | 19.8% | - |
| FCF / Net income | 2.55 | - | - | - | 3.59 | - | - | - | 4.65 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 13.7% | - | 12.1% | 12.5% | 14.4% | - | 13.8% | 12.5% | 13.6% | - |
| Effective tax rate | 40.7% | - | 32.5% | 25.3% | 30.8% | - | 28.7% | 24.0% | 25.3% | - |
| Return on assets | 1.8% | - | 4.0% | 4.5% | 2.5% | - | 3.9% | 3.9% | 1.4% | - |
| Return on equity | 2.8% | - | 5.4% | 5.9% | 3.4% | - | 5.2% | 5.2% | 2.0% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.74 | 2.99 | 2.99 | 3.27 | 2.89 | 3.34 | 3.46 | 3.69 | 3.17 | 3.55 |
| Quick ratio | 1.74 | 2.99 | 2.99 | 3.27 | 2.89 | 3.34 | 3.46 | 3.69 | 3.17 | 3.55 |
| Cash ratio | 0.64 | 1.26 | 1.26 | 1.27 | 1.22 | 1.40 | 1.54 | 1.60 | 1.55 | 1.78 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.61 | 1.35 | 1.35 | 1.31 | 1.35 | 1.32 | 1.33 | 1.31 | 1.38 | 1.35 |
| Liabilities / Assets | 0.38 | 0.26 | 0.26 | 0.24 | 0.26 | 0.24 | 0.25 | 0.24 | 0.27 | 0.26 |
| Efficiency | ||||||||||
| Asset turnover | 0.36 | - | 0.38 | 0.38 | 0.36 | - | 0.37 | 0.37 | 0.33 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 154d | - | 149d | 154d | 161d | - | 157d | 157d | 162d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 82.5x | - | 51.1x | 51.1x | 102.9x | - | 62.6x | 68.4x | 197.0x | - |
| P / B | 2.3x | - | 2.7x | 3.0x | 3.4x | - | 3.3x | 3.5x | 3.9x | - |
| P / S | 4.1x | - | 5.3x | 6.1x | 7.0x | - | 6.7x | 7.3x | 8.6x | - |
| EV / EBITDA | 31.2x | - | 27.1x | 31.3x | 54.3x | - | 38.7x | 47.6x | 120.6x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 0.8% | - | 4.4% | 3.7% | 7.7% | - | 4.4% | 5.9% | 6.5% | - |
| Revenue CAGR (3y) | 5.0% | - | 6.8% | 7.4% | 9.0% | - | 10.2% | 11.6% | 12.8% | - |
| Revenue CAGR (5y) | 9.3% | - | 11.2% | 17.0% | 7.5% | - | 6.5% | 7.6% | 7.1% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -7.3% | - | 13.4% | 34.1% | 162.6% | - | 11.4% | 112.1% | - | - |
| Net income growth (YoY) | -27.3% | - | 2.3% | 15.9% | 72.3% | - | -34.0% | 158.2% | - | - |
| EPS growth (YoY) | -16.7% | - | 8.9% | 24.1% | 80.0% | - | -29.1% | 157.1% | - | - |
| EPS CAGR (3y) | - | - | 67.4% | 82.6% | - | - | 34.5% | 121.0% | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | 32.0% | 27.5% | 58.5% | - |
| FCF growth (YoY) | -48.4% | - | - | - | 32.8% | - | - | - | -1.3% | - |
| FCF CAGR (5y) | -3.1% | - | - | - | 21.0% | - | - | - | 15.5% | - |
| Book value growth (YoY) | -13.3% | -4.5% | -0.9% | 1.5% | 0.8% | -0.7% | -0.0% | 3.8% | 2.5% | 5.5% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$1.46B totalReportable Segment$1.46B · 100.0%
Product / service
$2.86B totalAdvertising$1.39B · 48.7%
Advertising Services$947.56M · 33.2%
Advertising Restaurants And Other$443.70M · 15.5%
Other Revenue$73.69M · 2.6%
Geographic
$1.46B totalUS$1.46B · 99.3%
Non Us$9.70M · 0.7%
Peer comparison
Same SIC group: Services-Personal Services
Comparing YELP INC against the 5 most active filers in the same SIC group.