Friday 6 November 2026
Export YELP’s income statement to Excel — free account
Yelp Inc.
YELP Communication Services Internet Content & Information
Yelp Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.5 billion, up 3.75% from fiscal 2024.
- Revenue
- +1.38%
- EPS
- −17.4%
- Free cash flow
- +35.7%
Quarter to June 2026, against a year earlier
20.67
1.38
−6.26%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 716 | 851 | 943 | 1,014 | 873 | 1,032 | 1,194 | 1,337 | 1,412 | 1,465 | 1,473 | +8.3% | 1,467 | 1,511 | 1,549 | +1.9% | |
| Gross margin, % | 91.57 | 91.71 | 93.86 | 93.85 | 93.45 | 92.43 | 91.14 | 91.46 | 91.24 | 90.27 | 89.65 | (1.3) pt | ||||||
| EBT | 0 | 184 | 40 | 50 | (35) | 34 | 67 | 105 | 183 | 204 | 184 | n/m | ||||||
| EBT margin, % | (0.05) | 21.68 | 4.24 | 4.91 | (4.02) | 3.27 | 5.60 | 7.86 | 12.96 | 13.93 | 12.50 | +14.0 pt | ||||||
| Net income | (2) | 153 | 55 | 41 | (19) | 40 | 36 | 99 | 133 | 146 | 127 | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 9.28 | 10.43 | 11.28 | 13.59 | 11.96 | 13.90 | 16.84 | 19.32 | 20.95 | 23.13 | 26.63 | +10.7% | |||||
| Earnings | (0.02) | 1.87 | 0.66 | 0.55 | (0.27) | 0.53 | 0.51 | 1.43 | 1.97 | 2.30 | 2.11 | n/m | ||||||
| Cash flow | 1.64 | 2.05 | 1.92 | 2.74 | 2.42 | 2.87 | 2.71 | 4.42 | 4.24 | 5.87 | 6.32 | +15.2% | ||||||
| Capex | (0.48) | (0.37) | (0.54) | (0.50) | (0.52) | (0.38) | (0.45) | (0.39) | (0.55) | (0.76) | (0.94) | +5.2% | ||||||
| Free cash flow | 1.16 | 1.68 | 1.38 | 2.24 | 1.90 | 2.48 | 2.26 | 4.04 | 3.69 | 5.11 | 5.38 | +17.9% | ||||||
| Book value | 10.46 | 13.59 | 12.87 | 10.12 | 11.71 | 10.12 | 10.02 | 10.83 | 11.04 | 11.22 | 11.65 | +0.8% | ||||||
| Shares, m | 77 | 82 | 84 | 75 | 73 | 74 | 71 | 69 | 67 | 63 | 60 | (2.2%) | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 0.00 | 23.50 | 52.22 | 62.20 | 0.00 | 67.11 | 53.33 | 32.43 | 19.55 | 13.21 | 9.80 | 32.4 | |||||
| P/S | 4.12 | 4.15 | 3.10 | 2.56 | 2.73 | 2.61 | 1.65 | 2.40 | 1.85 | 1.31 | 0.78 | 2.6 | ||||||
| P/B | 3.65 | 3.18 | 2.72 | 3.44 | 2.79 | 3.58 | 2.77 | 4.28 | 3.51 | 2.71 | 1.77 | 3.3 | ||||||
| EV/Sales | 3.45 | 3.18 | 2.30 | 2.33 | 2.22 | 2.27 | 1.38 | 2.11 | 1.66 | 1.14 | 0.78 | 2.2 | ||||||
| EV/FCF | 27.86 | 19.85 | 18.99 | 14.21 | 14.05 | 13.16 | 10.76 | 10.37 | 9.72 | 5.25 | 3.95 | 14.4 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | 127 | 168 | 160 | 205 | 177 | 213 | 192 | 306 | 286 | 372 | 350 | +12.7% | |||||
| Capex | (37) | (30) | (45) | (38) | (38) | (28) | (32) | (27) | (37) | (48) | (52) | +3.0% | ||||||
| Free cash flow | 90 | 137 | 115 | 167 | 139 | 184 | 160 | 279 | 248 | 324 | 297 | +15.3% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | 501 | 827 | 795 | 399 | 570 | 481 | 413 | 448 | 362 | 343 | 126 | (4.1%) | |||||
| Net debt | (480) | (821) | (756) | (412) | (596) | (480) | (401) | (441) | (318) | (319) | 6 | (4.4%) | ||||||
| Shareholders’ equity | 807 | 1,109 | 1,076 | 755 | 855 | 751 | 710 | 750 | 744 | 711 | 645 | (1.4%) | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | (0.21) | 14.50 | 4.61 | 3.64 | (1.75) | 3.60 | 3.52 | 9.77 | 13.30 | 14.99 | 12.84 | +15.2 pt | |||||
| ROIC | (0.39) | 39.05 | 5.06 | 6.48 | (9.37) | 7.25 | 11.78 | 16.03 | 22.16 | 29.46 | 16.61 | +29.8 pt | ||||||
| ROE | (0.23) | 15.97 | 5.07 | 4.47 | (2.41) | 4.94 | 4.97 | 13.59 | 17.79 | 20.02 | 18.19 | +20.3 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | 4,256 | 5,323 | 6,030 | 5,950 | 3,900 | 4,400 | 4,900 | 4,872 | 5,116 | 5,168 | — | +2.2% | |||||
| Revenue/emp, $m | 0.17 | 0.16 | 0.16 | 0.17 | 0.22 | 0.23 | 0.24 | 0.27 | 0.28 | 0.28 | — | +6.0% | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2026
Yelp Inc. vs peers in Internet Content & Information (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| UPWK Upwork Inc. | $1.3B | 12.4× | 11.1× | −8.00% (below 0%: shrinking) | +15.59% (above 0%: growing) | −22.44% (below 0%: shrinking) | 76.13% | 18.64% | Compare |
| OPRA Opera Limited Sponsored ADR | $1.3B | 8.7× | 13.1× | +24.57% (above 0%: growing) | +72.22% (above 0%: growing) | −35.11% (below 0%: shrinking) | 64.54% | 14.55% | Compare |
| WBTN WEBTOON Entertainment Inc. | $1.3B | — (loss-making) | — (loss-making) | −2.82% (below 0%: shrinking) | n/m | −532.72% (below 0%: shrinking) | 26.04% | (4.60%) | Compare |
| DJT Trump Media & Technology Group Corp. | $1.1B | — (loss-making) | — | +89.03% (above 0%: growing) | n/m | −1,903.38% (below 0%: shrinking) | 70.06% | (9,792.42%) | Compare |
| YELP Yelp Inc. | $1.1B | 9.8× | 10.8× | +1.38% (above 0%: growing) | −17.39% (below 0%: shrinking) | +35.69% (above 0%: growing) | 88.88% | 11.65% | |
| EVER EverQuote, Inc. | $1.1B | 9.5× | 11.7× | +25.37% (above 0%: growing) | −1.33% (below 0%: shrinking) | +109.31% (above 0%: growing) | 97.88% | 10.98% | Compare |
| WB Weibo Corporation | $1.0B | 4.8× | 7.3× | +2.03% (above 0%: growing) | −47.17% (below 0%: shrinking) | +231.81% (above 0%: growing) | 71.40% | 26.19% | Compare |
| MAX MediaAlpha, Inc. | $855.3M | 7.0× | 9.3× | +22.65% (above 0%: growing) | +112.73% (above 0%: growing) | −8.83% (below 0%: shrinking) | 14.72% | 7.67% | Compare |
| NXDR Nextdoor Holdings, Inc. | $820.1M | — (loss-making) | — (loss-making) | +14.33% (above 0%: growing) | n/m | +373.18% (above 0%: growing) | 83.26% | (5.33%) | Compare |
| Median of peers | $1.1B | 8.7× | 11.1× | +18.49% | +15.59% | −15.63% | 70.73% | 9.33% |
Pay and ownership Proxy statement filed 17 April 2026
Chief executive’s pay
| Year | Total pay | Actually paid | $100 invested |
|---|---|---|---|
| 2025 | 10.26m | 2.19m | 93.02 |
| 2024 | 9.66m | — | 118.46 |
| 2023 | 11.18m | 25.37m | 144.90 |
| 2022 | 10.85m | 4.65m | 83.69 |
| 2021 | 10.05m | 11.92m | 110.93 |
Ownership
Directors and executive officers, together
8.30%
The Vanguard Group, Inc.
15.30%
BlackRock, Inc.
14.70%
Jeremy Stoppelman
6.40%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards
at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s
shares at the start of the earliest year shown was worth at each year’s end.
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement