What is Yelp's contract liabilities?

Yelp (YELP) reported contract liabilities of $0 in Q1 2026.

What does contract liabilities mean?

Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.

Yelp YELP Contract Liabilities

Contract Liabilities at other companies

Meta Platforms, Inc.META

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Other financials

Income statement

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Revenue$361.5M+0.8%

Gross profit$323.0M-0.2%

Operating income$27.3M-7.3%

Net income$17.7M-27.3%

EPS (diluted)$0.30-16.7%

Balance sheet

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Cash & equivalents$110.4M-0.6%

Total debt$24.9M-25.6%

Total equity$631.1M-13.3%

Total assets$1.0B+2.9%

Cash flow

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Operating cash flow$57.8M-41.0%

CapEx$12.7M+20.2%

Free cash flow$45.2M-48.4%

Valuation

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Market cap$1.28B-41.6%

Enterprise value$1.2B-43.5%

P/E9.3×-6.1×

P/S0.9×-0.7×

Profitability

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Gross margin90%-0.8pp

Operating margin12.4%+0.6pp

Net margin9.5%-0.5pp

FCF margin19.2%+0.4pp

Returns & leverage

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Return on equity20.4%+0.7pp

Debt / equity0×0.0×

Current ratio1.7×-1.2×

Where this comes from

Reported directly by Yelp in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiability.

The official record: Yelp’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Yelp's contract liabilities?: Yelp (YELP) reported contract liabilities of $0 in Q1 2026.
What does contract liabilities mean?: Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.