Stocks · Consumer discretionary · Services-Personal Services

YELP INC

YELP Clue Score80
United States Fiscal year ends December CIK 0001345016
$18.59 -4.03% Close, 9 Oct 2026
Price $18.59 −51.54% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue716.1Operating income−2.0Net income−1.7EPS, diluted−0.02Fiscal year 2017Revenue850.8 +18.8%Operating income179.6Net income153.0EPS, diluted1.76Fiscal year 2018Revenue942.8 +10.8%Operating income25.9Net income55.4 −63.8%EPS, diluted0.62 −64.8%Fiscal year 2019Revenue1,014.2 +7.6%Operating income35.5Net income40.9 −26.1%EPS, diluted0.52 −16.1%Fiscal year 2020Revenue872.9 −13.9%Operating income−38.8Net income−19.4 −147.5%EPS, diluted−0.27 −151.9%Fiscal year 2021Revenue1,031.8 +18.2%Operating income31.5Net income39.7EPS, diluted0.50Fiscal year 2022Revenue1,193.5 +15.7%Operating income58.4Net income36.3 −8.4%EPS, diluted0.50 +0.0%Fiscal year 2023Revenue1,337.1 +12.0%Operating income79.0Net income99.2 +172.9%EPS, diluted1.35 +170.0%Fiscal year 2024Revenue1,412.1 +5.6%Operating income151.0Net income132.9 +34.0%EPS, diluted1.88 +39.3%Fiscal year 2025Revenue1,465.0 +3.7%Operating income184.5Net income145.6 +9.6%EPS, diluted2.24 +19.1%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 716.1 850.8 942.8 1,014.2 872.9 1,031.8 1,193.5 1,337.1 1,412.1 1,465.0
Growth +18.8% +10.8% +7.6% −13.9% +18.2% +15.7% +12.0% +5.6% +3.7%
Operating income −2.0 179.6 25.9 35.5 −38.8 31.5 58.4 79.0 151.0 184.5
Net income −1.7 153.0 55.4 40.9 −19.4 39.7 36.3 99.2 132.9 145.6
Growth −63.8% −26.1% −147.5% −8.4% +172.9% +34.0% +9.6%
EPS, diluted −0.02 1.76 0.62 0.52 −0.27 0.50 0.50 1.35 1.88 2.24
Growth −64.8% −16.1% −151.9% +0.0% +170.0% +39.3% +19.1%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin−0.3%Net margin−0.2%Free cash flow margin14.5%Fiscal year 2017Operating margin21.1%Net margin18.0%Free cash flow margin16.1%Fiscal year 2018Operating margin2.7%Net margin5.9%Free cash flow margin12.2%Fiscal year 2019Operating margin3.5%Net margin4.0%Free cash flow margin16.5%Fiscal year 2020Operating margin−4.4%Net margin−2.2%Free cash flow margin16.6%Fiscal year 2021Operating margin3.1%Net margin3.8%Free cash flow margin17.9%Fiscal year 2022Operating margin4.9%Net margin3.0%Free cash flow margin13.4%Fiscal year 2023Operating margin5.9%Net margin7.4%Free cash flow margin20.9%Fiscal year 2024Operating margin10.7%Net margin9.4%Free cash flow margin17.6%Fiscal year 2025Operating margin12.6%Net margin9.9%Free cash flow margin22.1%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin −0.3% 21.1% 2.7% 3.5% −4.4% 3.1% 4.9% 5.9% 10.7% 12.6%
Net margin −0.2% 18.0% 5.9% 4.0% −2.2% 3.8% 3.0% 7.4% 9.4% 9.9%
Free cash flow margin 14.5% 16.1% 12.2% 16.5% 16.6% 17.9% 13.4% 20.9% 17.6% 22.1%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow126.9Capital expenditure−23.0Free cash flow103.9Buybacks0.0Fiscal year 2017Operating cash flow167.6Capital expenditure−30.2Free cash flow137.4 +32.2%Buybacks−12.6Fiscal year 2018Operating cash flow160.2Capital expenditure−45.0Free cash flow115.2 −16.1%Buybacks−187.4Fiscal year 2019Operating cash flow204.8Capital expenditure−37.5Free cash flow167.3 +45.2%Buybacks−481.0Fiscal year 2020Operating cash flow176.7Capital expenditure−32.0Free cash flow144.7 −13.5%Buybacks−24.4Fiscal year 2021Operating cash flow212.7Capital expenditure−28.3Free cash flow184.4 +27.4%Buybacks−262.9Fiscal year 2022Operating cash flow192.3Capital expenditure−32.0Free cash flow160.3 −13.0%Buybacks−200.0Fiscal year 2023Operating cash flow306.3Capital expenditure−26.8Free cash flow279.4 +74.3%Buybacks−200.0Fiscal year 2024Operating cash flow285.8Capital expenditure−37.3Free cash flow248.5 −11.1%Buybacks−250.9Fiscal year 2025Operating cash flow372.0Capital expenditure−48.4Free cash flow323.7 +30.3%Buybacks−290.9
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 126.9 167.6 160.2 204.8 176.7 212.7 192.3 306.3 285.8 372.0
Capital expenditure −23.0 −30.2 −45.0 −37.5 −32.0 −28.3 −32.0 −26.8 −37.3 −48.4
Free cash flow 103.9 137.4 115.2 167.3 144.7 184.4 160.3 279.4 248.5 323.7
Growth +32.2% −16.1% +45.2% −13.5% +27.4% −13.0% +74.3% −11.1% +30.3%
Buybacks 0.0 −12.6 −187.4 −481.0 −24.4 −262.9 −200.0 −200.0 −250.9 −290.9

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash272.2Total debt17.6Net cash (debt)254.6Shareholders’ equity816.1Debt to equity0.02Fiscal year 2017Cash547.9Shareholders’ equity1,108.7Fiscal year 2018Cash332.8Shareholders’ equity1,075.5Fiscal year 2019Cash170.3Shareholders’ equity755.0Fiscal year 2020Cash595.9Shareholders’ equity854.5Fiscal year 2021Cash479.8Shareholders’ equity751.3Fiscal year 2022Cash306.4Shareholders’ equity710.3Fiscal year 2023Cash313.9Shareholders’ equity749.5Fiscal year 2024Cash217.3Shareholders’ equity744.0Fiscal year 2025Cash216.1Shareholders’ equity710.9
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 272.2 547.9 332.8 170.3 595.9 479.8 306.4 313.9 217.3 216.1
Total debt 17.6 n/a n/a n/a n/a n/a n/a n/a n/a n/a
Net cash (debt) 254.6 n/a n/a n/a n/a n/a n/a n/a n/a n/a
Shareholders’ equity 816.1 1,108.7 1,075.5 755.0 854.5 751.3 710.3 749.5 744.0 710.9
Debt to equity 0.02 n/a n/a n/a n/a n/a n/a n/a n/a n/a

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Cash flow

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Operations
126.9 167.6 160.2 204.8 176.7 212.7 192.3 306.3 285.8 372.0
Growth +32.1% −4.4% +27.8% −13.7% +20.3% −9.6% +59.3% −6.7% +30.2%
35.3 41.2 42.8 49.4 50.6 55.7 44.9 42.2 40.4 50.1
Investment
−23.0 −30.2 −45.0 −37.5 −32.0 −28.3 −32.0 −26.8 −37.3 −48.4
calc 103.9 137.4 115.2 167.3 144.7 184.4 160.3 279.4 248.5 323.7
Growth +32.2% −16.1% +45.2% −13.5% +27.4% −13.0% +74.3% −11.1% +30.3%
calc 1.35 1.58 1.30 2.15 1.98 2.35 2.18 3.80 3.52 4.97
−54.7 81.1 −164.4 124.3 248.4 −27.7 −126.1 −54.7 −77.3 −45.7
Financing
29.5 27.2 −207.7 −491.5 −21.1 −300.5 −237.5 −246.8 −303.8 −330.0
0.0 −12.6 −187.4 −481.0 −24.4 −262.9 −200.0 −200.0 −250.9 −290.9

Lines marked calc are worked out here from filed figures; point at one for how. Capital expenditure, dividends and buybacks are shown as money out, so negative.