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Yelp YELP Compensation and benefits

Discontinued — last reported Q1 '23

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Segments

By segment

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Reportable Segment$25.75M-26.0%

Other financials

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

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Market cap$1.41B-26.9%
Enterprise value$1.33B-28.5%
P/E11.1×-1.8×
P/S-0.4×

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×

Where this comes from

Reported directly by Yelp in its filing.

Tagged under the XBRL concept us-gaap:AllocatedShareBasedCompensationExpense.

The source filing: Yelp’s 10-Q, filed May 5, 2023.

Filed
May 5, 2023
Fiscal quarter
Q1 FY2023
Calendar quarter
Q1 2023
Accession
0001345016-23-000031
Line itemThree Months Ended March 31, 2023Three Months Ended March 31, 2022
Cost of revenue$1,382$1,305
Sales and marketing9,1148,655
Product development25,86723,125
General and administrative9,8947,975
Total stock-based compensation recorded to loss before income taxes46,25741,060
Provision for income taxes(9,604)(9,138)
Total stock-based compensation recorded to net loss attributable to common stockholders$36,653$31,922

Item 1. Financial Statements (Unaudited)

FAQ

What is Yelp's compensation and benefits?
Yelp (YELP) reported compensation and benefits of $46.26M in Q1 2023.
What does compensation and benefits mean?
Total employee-related costs including salaries, wages, bonuses, commissions, stock-based compensation, health insurance, retirement contributions, and payroll taxes.

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