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Yelp YELP Operating Income

Discontinued — last reported Q1 '26

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Other financials

Income statement

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Revenue$361.5M+0.8%
Gross profit$323.0M-0.2%
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×
Current ratio1.7×-1.2×

Where this comes from

Reported directly by Yelp in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

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 operating income?
Yelp (YELP) reported operating income of $27.3M in Q1 2026.
How has Yelp's operating income changed year-over-year?
Yelp's operating income decreased by 7.3% year-over-year, from $29.46M to $27.3M.
What is the long-term trend for Yelp's operating income?
Over 4 years (2021 to 2025), Yelp's operating income has grown at a 55.6% compound annual growth rate (CAGR), from $31.51M to $184.52M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.