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Yelp YELP Business Segments — Net revenue

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Yelp’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:16 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001345016-26-000066
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Net revenue$375,519$370,394$736,976$728,928
Less:
Employee expenses (exclusive of stock-based compensation)(1)(3)179,535181,875365,843367,644
Cost of revenue (exclusive of depreciation and amortization and stock-based compensation)40,53434,37877,80368,034
Stock-based compensation25,74934,77556,25672,244
Other segment items(2)(3)67,12048,016128,376102,075
Depreciation and amortization18,11812,36534,35124,715
Provision for income taxes12,81114,89624,96025,736

Item 1. Financial Statements (Unaudited)

FAQ

What is Yelp's business segments — net revenue?
Yelp (YELP) reported business segments — net revenue of $375.52M in Q2 2026.
How has Yelp's business segments — net revenue changed year-over-year?
Yelp's business segments — net revenue increased by 1.4% year-over-year, from $370.39M to $375.52M.
What is the long-term trend for Yelp's business segments — net revenue?
Over 3 years (2022 to 2025), Yelp's business segments — net revenue has grown at a 7.1% compound annual growth rate (CAGR), from $1.19B to $1.46B.
What does business segments — net revenue mean?
This is the total amount of money generated by the reportable segment from its primary business activities, such as advertising services and platform transactions, after deducting returns and allowances. It serves as the primary indicator of the segment's market demand and top-line growth performance.

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