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Yelp YELP United States — Net revenue

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 united states — net revenue?
Yelp (YELP) reported united states — net revenue of $359.31M in Q1 2026.
How has Yelp's united states — net revenue changed year-over-year?
Yelp's united states — net revenue increased by 0.9% year-over-year, from $356.16M to $359.31M.
What is the long-term trend for Yelp's united states — net revenue?
Over 4 years (2021 to 2025), Yelp's united states — net revenue has grown at a 9.2% compound annual growth rate (CAGR), from $1.02B to $1.46B.
What does united states — net revenue mean?
This metric represents the total revenue generated from customers and business partners located within the United States. It reflects the company's ability to monetize its platform through advertising products and transaction services in its primary geographic market. Growth in this figure indicates successful market penetration and the effectiveness of local sales and marketing strategies.