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Yelp

YELP

Yelp is a leading local business directory and review platform that connects purchase-oriented consumers with local businesses across North America and Europe.

Market cap
$1.15B-42.7%
Revenue$1.5B+1.5%
Net income$126.5M-15.2%
Free cash flow$297.4M+4.4%
EPS (diluted)$2.09-5.0%
Trailing twelve months · change vs. prior year

Earnings

Next report

Nov 5, 2026 (in 2 months)
Revenue estimate$368.9M
EPS estimate$0.44

Financials

Q2 2026

Income statement

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Revenue$375.5M+1.4%
Gross profit$333.7M-0.4%
Operating income$43.7M-17.9%
Net income$31.7M-28.2%
EPS (diluted)$0.57-14.9%

Balance sheet

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Cash & equivalents$94.1M+9.7%
Total debt$23.3M-23.8%
Total equity$644.5M-13.6%
Total assets$990.6M+1.1%

Cash flow

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Operating cash flow$75.8M+30.7%
CapEx$14.7M+13.2%
Free cash flow$61.1M+35.7%

Valuation & ratios

Valuation

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Market cap$1.15B-42.7%
Enterprise value$1.08B-44.2%
P/E9.1×-4.2×
P/S0.8×-0.6×

Profitability

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Gross margin89.6%-1.0pp
Operating margin11.7%-0.9pp
Net margin8.6%-1.7pp
FCF margin20.2%+0.6pp

Returns & leverage

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Return on equity18.2%-1.9pp
Debt / equity0.0×
Current ratio1.7×-1.5×

Segments

By product

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Services$241.0M+0.1%
Restaurants, Retail & Other$101.5M-10.1%
Other$33.0M+97.8%

By segment

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Reportable Segment$375.5M+1.4%

Competitors

Profile

Yelp is a leading local business directory and review platform that connects purchase-oriented consumers with local businesses across North America and Europe. The company provides a trusted resource for ratings and reviews while offering performance-based advertising solutions to businesses of all sizes. Its core value proposition centers on leveraging a large audience of affluent consumers to drive transactions for local service providers and retailers.

Competitive position

Yelp maintains a leading position as a trusted brand for local reviews in the U.S., though it faces significant competition from major search engines and specialized delivery platforms.

GeographiesUnited States, Canada, Europe
Customer segmentsSmall and Medium Businesses (SMB), Multi-location national brands, Local service pros
Business modelPerformance-based advertising, Cost-per-click (CPC), Subscription SaaS, Marketplace
SuppliersCloud infrastructure providers, Mobile operating system developers, Search engine algorithms, Open source software communities
CustomersLocal business owners, National multi-location brands, Digital marketing agencies
Listed2012
Employees4.9K
CEOJeremy Stoppelman
Websiteyelp.com
FilingsSEC EDGAR

FAQ

What is Yelp's market cap?
Yelp (YELP) has a market capitalization of $1.1B and trades on NYSE.
What is Yelp's revenue and profitability?
Yelp generated $1.5B in trailing twelve-month revenue with net income of $126.5M, representing a net margin of 8.6%. Gross margin stands at 89.6%, with free cash flow of $297.4M. The latest reported period is Q2 2026.
Who are Yelp's competitors?
Yelp's key competitors include Angi, Google, Meta Platforms, and others. These companies compete in similar markets and product categories.
Who does Yelp partner with?
Yelp's notable partners include Google, Apple, DoorDash, and others.
What subsidiaries does Yelp have?
Yelp's subsidiaries include RepairPal, Hatch, Yelp UK Limited.
Where is Yelp headquartered?
Yelp is headquartered in United States of America and employs approximately 4,872 people. It has been publicly traded since 2012.