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Yelp YELP United States — 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
United States$373,472$367,872$732,777$724,036
All other countries2,0472,5224,1994,892
Total net revenue$375,519$370,394$736,976$728,928

Item 1. Financial Statements (Unaudited)

FAQ

What is Yelp's united states — net revenue?
Yelp (YELP) reported united states — net revenue of $373.47M in Q2 2026.
How has Yelp's united states — net revenue changed year-over-year?
Yelp's united states — net revenue increased by 1.5% year-over-year, from $367.87M to $373.47M.
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.

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