YELP INC.

EDGAR

Annual consolidated revenue for 2025: about USD 1.465B, using the latest reported figures. The previous period, 2024, was about USD 1.412B.

Watchlist

Latest quarter

Revenue

376 million USD

2026 Q2 · USD

Exact inputs and evidence

Operating margin

11.65%

2026 Q2 · %

Exact inputs and evidence
  • Operating Income: 43730000 USD Source
  • Revenue: 375519000 USD Source

Operating cash flow

75.8 million USD

2026 Q2 · USD

Exact inputs and evidence
  • Operating Cash Flow: 133638000 USD Source
  • Operating Cash Flow: 57816000 USD Source

Free cash flow

61.1 million USD

2026 Q2 · USD

Exact inputs and evidence
  • Operating Cash Flow: 133638000 USD Source
  • Operating Cash Flow: 57816000 USD Source
  • Capital Expenditure: 27409000 USD Source
  • Capital Expenditure: 12660000 USD Source
Cash and cash equivalents
94.1 million USD Source
Exact value

94142000 USD

Long-term debt including current maturities
Not available
Shares outstanding
55 million shares Source
Exact value

54980000 shares

Reported share-count change

-13.88% · -8.86 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 63841000 shares · 2025-06-30· Source
  • 54980000 shares · 2026-06-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

1.47 billion USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Revenue: 376038000 USD · 2025-07-01 – 2025-09-30 Source
  • Revenue: 1464955000 USD · 2025-01-01 – 2025-12-31 Source
  • Revenue: 1104966000 USD · 2025-01-01 – 2025-09-30 Source
  • Revenue: 361457000 USD · 2026-01-01 – 2026-03-31 Source
  • Revenue: 375519000 USD · 2026-04-01 – 2026-06-30 Source

Net income

127 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Net income: 39324000 USD · 2025-07-01 – 2025-09-30 Source
  • Net income: 145600000 USD · 2025-01-01 – 2025-12-31 Source
  • Net income: 107804000 USD · 2025-01-01 – 2025-09-30 Source
  • Net income: 17735000 USD · 2026-01-01 – 2026-03-31 Source
  • Net income: 31652000 USD · 2026-04-01 – 2026-06-30 Source

Operating cash flow

350 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Operating cash flow: 287547000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 156029000 USD · 2025-01-01 – 2025-06-30 Source
  • Operating cash flow: 372029000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: 287547000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 57816000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: 133638000 USD · 2026-01-01 – 2026-06-30 Source
  • Operating cash flow: 57816000 USD · 2026-01-01 – 2026-03-31 Source

Capital expenditure

52.2 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Capital expenditure: 36136000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 23555000 USD · 2025-01-01 – 2025-06-30 Source
  • Capital expenditure: 48353000 USD · 2025-01-01 – 2025-12-31 Source
  • Capital expenditure: 36136000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 12660000 USD · 2026-01-01 – 2026-03-31 Source
  • Capital expenditure: 27409000 USD · 2026-01-01 – 2026-06-30 Source
  • Capital expenditure: 12660000 USD · 2026-01-01 – 2026-03-31 Source

Free cash flow

297 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Operating cash flow: 287547000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 156029000 USD · 2025-01-01 – 2025-06-30 Source
  • Operating cash flow: 372029000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: 287547000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 57816000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: 133638000 USD · 2026-01-01 – 2026-06-30 Source
  • Operating cash flow: 57816000 USD · 2026-01-01 – 2026-03-31 Source
  • Capital expenditure: 36136000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 23555000 USD · 2025-01-01 – 2025-06-30 Source
  • Capital expenditure: 48353000 USD · 2025-01-01 – 2025-12-31 Source
  • Capital expenditure: 36136000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 12660000 USD · 2026-01-01 – 2026-03-31 Source
  • Capital expenditure: 27409000 USD · 2026-01-01 – 2026-06-30 Source
  • Capital expenditure: 12660000 USD · 2026-01-01 – 2026-03-31 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-08-07.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 11 of 11 periods available· newest 2025-12-31
  • Operating income: 11 of 11 periods available· newest 2025-12-31
  • Net income: 11 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 11 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 11 of 11 periods available· newest 2025-12-31
  • Total assets: 11 of 11 periods available· newest 2025-12-31
  • Total liabilities: 11 of 11 periods available· newest 2025-12-31
  • Current assets: 11 of 11 periods available· newest 2025-12-31
  • Current liabilities: 11 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 11 of 11 periods available· newest 2025-12-31
  • long term debt: No compatible figures in this window
  • Shares outstanding: 11 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +3.7%

    Prior period

    USD 1.41 billion

    –

    Current period

    USD 1.46 billion

    –

    Exact inputs and evidence

    1464955000 − 1412064000 = 52891000 USD

    1412064000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    1464955000 USD · 2025-01-01 – 2025-12-31

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  • Net income

    +9.6%

    Prior period

    USD 132.85 million

    –

    Current period

    USD 145.6 million

    –

    Exact inputs and evidence

    145600000 − 132850000 = 12750000 USD

    132850000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    145600000 USD · 2025-01-01 – 2025-12-31

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  • Operating cash flow

    +30.2%

    Prior period

    USD 285.82 million

    –

    Current period

    USD 372.03 million

    –

    Exact inputs and evidence

    372029000 − 285815000 = 86214000 USD

    285815000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    372029000 USD · 2025-01-01 – 2025-12-31

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  • Capital expenditure

    +29.5%

    Prior period

    USD 37.35 million

    –

    Current period

    USD 48.35 million

    –

    Exact inputs and evidence

    48353000 − 37347000 = 11006000 USD

    37347000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    48353000 USD · 2025-01-01 – 2025-12-31

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 1.46 billion 100% of revenue
  • Operating costs Derived USD 1.28 billion 87% of revenue
  • Operating income USD 184.52 million 13% of revenue
  • Tax, interest and other Derived USD 38.92 million 2.7% of revenue
  • Net income USD 145.6 million 9.9% of revenue

Cash

  • Operating cash flow USD 372.03 million 25% of revenue
  • Capital expenditure USD 48.35 million 3.3% of revenue
  • Free cash flow Derived USD 323.68 million 22% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2016 Operating loss: operating costs were 100% of revenue.
  • 2017 18%79%
  • 2018 Net income was higher than operating income, so the split is not drawn.
  • 2019 Net income was higher than operating income, so the split is not drawn.
  • 2020 Operating loss: operating costs were 104% of revenue.
  • 2021 Net income was higher than operating income, so the split is not drawn.
  • 2022 95%
  • 2023 Net income was higher than operating income, so the split is not drawn.
  • 2024 9.4%89%
  • 2025 9.9%87%
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2016 2016-01-01 – 2016-12-31716063000 718083000 Derived -2020000 -309000 Derived -1711000 103906000 Derived
Source
2017 2017-01-01 – 2017-12-31850847000 671225000 Derived 179622000 26627000 Derived 152995000 137402000 Derived
Source
2018 2018-01-01 – 2018-12-31942773000 916876000 Derived 25897000 -29453000 Derived 55350000 115215000 Derived
Source
2019 2019-01-01 – 2019-12-311014194000 978683000 Derived 35511000 -5370000 Derived 40881000 167260000 Derived
Source
2020 2020-01-01 – 2020-12-31872933000 911728000 Derived -38795000 -19371000 Derived -19424000 144699000 Derived
Source
2021 2021-01-01 – 2021-12-311031839000 1000325000 Derived 31514000 -8157000 Derived 39671000 184373000 Derived
Source
2022 2022-01-01 – 2022-12-311193506000 1135153000 Derived 58353000 22006000 Derived 36347000 160330000 Derived
Source
2023 2023-01-01 – 2023-12-311337062000 1258019000 Derived 79043000 -20130000 Derived 99173000 279433000 Derived
Source
2024 2024-01-01 – 2024-12-311412064000 1261019000 Derived 151045000 18195000 Derived 132850000 248468000 Derived
Source
2025 2025-01-01 – 2025-12-311464955000 1280434000 Derived 184521000 38921000 Derived 145600000 323676000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 1.5B 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.6B1.2B791.1M395.5M0.0201620212025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Revenue716063000
2017Revenue850847000
2018Revenue942773000
2019Revenue1014194000
2020Revenue872933000
2021Revenue1031839000
2022Revenue1193506000
2023Revenue1337062000
2024Revenue1412064000
2025Revenue1464955000

Revenue growth

Change in revenue from the same financial period one year earlier.

3.7% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.34%21%8%-5%-17%201620212025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2016Year over year30.3%
2017Year over year18.8%
2018Year over year10.8%
2019Year over year7.6%
2020Year over year-13.9%
2021Year over year18.2%
2022Year over year15.7%
2023Year over year12%
2024Year over year5.6%
2025Year over year3.7%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 12.6% 2025
Net margin 9.9% 2025
Free cash flow margin 22.1% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.24.2%16.5%8.8%1.1%-6.6%201620212025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2016Operating margin-0.3%
2017Operating margin21.1%
2018Operating margin2.7%
2019Operating margin3.5%
2020Operating margin-4.4%
2021Operating margin3.1%
2022Operating margin4.9%
2023Operating margin5.9%
2024Operating margin10.7%
2025Operating margin12.6%
2016Net margin-0.2%
2017Net margin18%
2018Net margin5.9%
2019Net margin4%
2020Net margin-2.2%
2021Net margin3.8%
2022Net margin3%
2023Net margin7.4%
2024Net margin9.4%
2025Net margin9.9%
2016Free cash flow margin14.5%
2017Free cash flow margin16.1%
2018Free cash flow margin12.2%
2019Free cash flow margin16.5%
2020Free cash flow margin16.6%
2021Free cash flow margin17.9%
2022Free cash flow margin13.4%
2023Free cash flow margin20.9%
2024Free cash flow margin17.6%
2025Free cash flow margin22.1%

Operating cash flow

Cash generated by the company’s normal business operations.

USD 372M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.401.8M301.3M200.9M100.4M0.0201620212025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Operating cash flow126900000
2017Operating cash flow167647000
2018Operating cash flow160187000
2019Operating cash flow204782000
2020Operating cash flow176701000
2021Operating cash flow212655000
2022Operating cash flow192309000
2023Operating cash flow306280000
2024Operating cash flow285815000
2025Operating cash flow372029000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD 323.7M 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.349.6M262.2M174.8M87.4M0.0201620212025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Free cash flow103906000
2017Free cash flow137402000
2018Free cash flow115215000
2019Free cash flow167260000
2020Free cash flow144699000
2021Free cash flow184373000
2022Free cash flow160330000
2023Free cash flow279433000
2024Free cash flow248468000
2025Free cash flow323676000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

25.8% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.32.5%24.4%16.2%8.1%0.0%201620212025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2016Liabilities / assets8.8%
2017Liabilities / assets9.5%
2018Liabilities / assets8.5%
2019Liabilities / assets29.5%
2020Liabilities / assets26%
2021Liabilities / assets28.5%
2022Liabilities / assets30.1%
2023Liabilities / assets26.1%
2024Liabilities / assets24.4%
2025Liabilities / assets25.8%

Current assets to current liabilities

Current assets divided by current liabilities.

2.99× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.14.31×10.74×7.16×3.58×0.00×201620212025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2016Current assets / current liabilities9.29×
2017Current assets / current liabilities10.6×
2018Current assets / current liabilities13.25×
2019Current assets / current liabilities3.98×
2020Current assets / current liabilities4.98×
2021Current assets / current liabilities3.93×
2022Current assets / current liabilities3.26×
2023Current assets / current liabilities3.55×
2024Current assets / current liabilities3.34×
2025Current assets / current liabilities2.99×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2016 2016-01-01 – 2016-12-31
−USD 1.71 million
Exact value

Exact value: -1711000 USD

2016-01-01 – 2016-12-31: -1711000 USD Inspect Net Income Open source
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USD 126.9 million
Exact value

Exact value: 126900000 USD

2016-01-01 – 2016-12-31: 126900000 USD Inspect Operating Cash Flow Open source
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USD 22.99 million
Exact value

Exact value: 22994000 USD

2016-01-01 – 2016-12-31: 22994000 USD Inspect Capital Expenditure Open source
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USD 103.91 million
Calculation and evidence

126900000 − 22994000 USD

Exact free cash flow: 103906000 USD

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2017 2017-01-01 – 2017-12-31
USD 153 million
Exact value

Exact value: 152995000 USD

2017-01-01 – 2017-12-31: 152995000 USD Inspect Net Income Open source
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USD 167.65 million
Exact value

Exact value: 167647000 USD

2017-01-01 – 2017-12-31: 167647000 USD Inspect Operating Cash Flow Open source
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USD 30.25 million
Exact value

Exact value: 30245000 USD

2017-01-01 – 2017-12-31: 30245000 USD Inspect Capital Expenditure Open source
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USD 137.4 million
Calculation and evidence

167647000 − 30245000 USD

Exact free cash flow: 137402000 USD

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2018 2018-01-01 – 2018-12-31
USD 55.35 million
Exact value

Exact value: 55350000 USD

2018-01-01 – 2018-12-31: 55350000 USD Inspect Net Income Open source
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USD 160.19 million
Exact value

Exact value: 160187000 USD

2018-01-01 – 2018-12-31: 160187000 USD Inspect Operating Cash Flow Open source
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USD 44.97 million
Exact value

Exact value: 44972000 USD

2018-01-01 – 2018-12-31: 44972000 USD Inspect Capital Expenditure Open source
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USD 115.22 million
Calculation and evidence

160187000 − 44972000 USD

Exact free cash flow: 115215000 USD

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2019 2019-01-01 – 2019-12-31
USD 40.88 million
Exact value

Exact value: 40881000 USD

2019-01-01 – 2019-12-31: 40881000 USD Inspect Net Income Open source
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USD 204.78 million
Exact value

Exact value: 204782000 USD

2019-01-01 – 2019-12-31: 204782000 USD Inspect Operating Cash Flow Open source
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USD 37.52 million
Exact value

Exact value: 37522000 USD

2019-01-01 – 2019-12-31: 37522000 USD Inspect Capital Expenditure Open source
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USD 167.26 million
Calculation and evidence

204782000 − 37522000 USD

Exact free cash flow: 167260000 USD

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2020 2020-01-01 – 2020-12-31
−USD 19.42 million
Exact value

Exact value: -19424000 USD

2020-01-01 – 2020-12-31: -19424000 USD Inspect Net Income Open source
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USD 176.7 million
Exact value

Exact value: 176701000 USD

2020-01-01 – 2020-12-31: 176701000 USD Inspect Operating Cash Flow Open source
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USD 32 million
Exact value

Exact value: 32002000 USD

2020-01-01 – 2020-12-31: 32002000 USD Inspect Capital Expenditure Open source
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USD 144.7 million
Calculation and evidence

176701000 − 32002000 USD

Exact free cash flow: 144699000 USD

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2021 2021-01-01 – 2021-12-31
USD 39.67 million
Exact value

Exact value: 39671000 USD

2021-01-01 – 2021-12-31: 39671000 USD Inspect Net Income Open source
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USD 212.66 million
Exact value

Exact value: 212655000 USD

2021-01-01 – 2021-12-31: 212655000 USD Inspect Operating Cash Flow Open source
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USD 28.28 million
Exact value

Exact value: 28282000 USD

2021-01-01 – 2021-12-31: 28282000 USD Inspect Capital Expenditure Open source
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USD 184.37 million
Calculation and evidence

212655000 − 28282000 USD

Exact free cash flow: 184373000 USD

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2022 2022-01-01 – 2022-12-31
USD 36.35 million
Exact value

Exact value: 36347000 USD

2022-01-01 – 2022-12-31: 36347000 USD Inspect Net Income Open source
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USD 192.31 million
Exact value

Exact value: 192309000 USD

2022-01-01 – 2022-12-31: 192309000 USD Inspect Operating Cash Flow Open source
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USD 31.98 million
Exact value

Exact value: 31979000 USD

2022-01-01 – 2022-12-31: 31979000 USD Inspect Capital Expenditure Open source
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USD 160.33 million
Calculation and evidence

192309000 − 31979000 USD

Exact free cash flow: 160330000 USD

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2023 2023-01-01 – 2023-12-31
USD 99.17 million
Exact value

Exact value: 99173000 USD

2023-01-01 – 2023-12-31: 99173000 USD Inspect Net Income Open source
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USD 306.28 million
Exact value

Exact value: 306280000 USD

2023-01-01 – 2023-12-31: 306280000 USD Inspect Operating Cash Flow Open source
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USD 26.85 million
Exact value

Exact value: 26847000 USD

2023-01-01 – 2023-12-31: 26847000 USD Inspect Capital Expenditure Open source
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USD 279.43 million
Calculation and evidence

306280000 − 26847000 USD

Exact free cash flow: 279433000 USD

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2024 2024-01-01 – 2024-12-31
USD 132.85 million
Exact value

Exact value: 132850000 USD

2024-01-01 – 2024-12-31: 132850000 USD Inspect Net Income Open source
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USD 285.82 million
Exact value

Exact value: 285815000 USD

2024-01-01 – 2024-12-31: 285815000 USD Inspect Operating Cash Flow Open source
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USD 37.35 million
Exact value

Exact value: 37347000 USD

2024-01-01 – 2024-12-31: 37347000 USD Inspect Capital Expenditure Open source
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USD 248.47 million
Calculation and evidence

285815000 − 37347000 USD

Exact free cash flow: 248468000 USD

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2025 2025-01-01 – 2025-12-31
USD 145.6 million
Exact value

Exact value: 145600000 USD

2025-01-01 – 2025-12-31: 145600000 USD Inspect Net Income Open source
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USD 372.03 million
Exact value

Exact value: 372029000 USD

2025-01-01 – 2025-12-31: 372029000 USD Inspect Operating Cash Flow Open source
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USD 48.35 million
Exact value

Exact value: 48353000 USD

2025-01-01 – 2025-12-31: 48353000 USD Inspect Capital Expenditure Open source
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USD 323.68 million
Calculation and evidence

372029000 − 48353000 USD

Exact free cash flow: 323676000 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

67 filings · 5,192 latest values · 5,192 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001345016, 1345016, YELP, edgar:1345016, yelp

Also known as YELP INC, YELP INC., YELP! INC