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YELP

Yelp Inc.

Ticker YELPSAN FRANCISCO, CAFiscal year ends DecemberBook value per share $11.84Diluted shares 56.8M

Yelp Inc. (NYSE: YELP) operates a platform that connects consumers with local businesses through ratings, reviews, photos, videos and business information. Consumers use its website and mobile app to find businesses and make spending decisions, while businesses use free listings, paid advertising and subscription… From the company’s description.

Over the twelve months to Sep 30, 2026, Yelp Inc. reported revenue of $1.47B, up 0.1% from a year earlier, and net income of $121.73M. Its operating margin was 11.5%, and operations generated $318.07M in cash. In fiscal 2025, it reported revenue of $1.46B, up 3.7% from fiscal 2024, and net income of $145.60M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$1.46BFY2025
+3.7% year over year
Last 12 mo $1.47B
12.60%FY2025
+1.9 percentage points
Last 12 mo 11.50%
$145.60MFY2025
+9.6% year over year
Last 12 mo $121.73M
20.48%FY2025
+2.6 percentage points
Last 12 mo 18.12%
Cash & financing
$372.03MFY2025
+30.2% year over year
Last 12 mo $318.07M
$323.68MFY2025
+30.3% year over year
Last 12 mo $263.03M
—
Last 12 mo 0.11
65.1MFY2025
−7.8% year over year
Last 12 mo 56.8M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Yelp Inc. does

In the company’s own words

Yelp Inc. (NYSE: YELP) operates a platform that connects consumers with local businesses through ratings, reviews, photos, videos and business information. Consumers use its website and mobile app to find businesses and make spending decisions, while businesses use free listings, paid advertising and subscription tools to reach customers, manage leads and support operations. Yelp’s advertising products include sponsored search placements, multi-location campaigns and business-page upgrades; advertising generated 95% of revenue in 2025. Other offerings include restaurant reservation and waitlist tools, AI-powered phone assistants, lead management software, data licensing and transaction services, including food ordering through DoorDash. The platform features more than 300 million ratings and reviews. Its products and services carry the Yelp brand, including Yelp Ads, Yelp Guest Manager, Yelp Host, Yelp Receptionist and Yelp Assistant; Hatch is its AI-powered lead management offering. Yelp also licenses local business content through APIs used by partners such as Apple Maps and Siri.

Company details
Sector
Communication Services
Industry (SIC)
Services
Headquarters
SAN FRANCISCO, CA
Fiscal year end
December
CIK
1345016
SIC
7200

Financial performance, year by year

Fiscal 2012–2025 · USD
$-182.98M$267.26M$717.49M$1.17B$1.62B20122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Yelp Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

318
funds hold it
0 of 35
superinvestors hold it
$727.94M
held by funds, at market
53.7%
of shares held by funds

Largest fund holders · Yelp Inc.’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.07%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.04%of fund net assets
Avantis U.S. Small Cap Value ETF
AVUV · American Century ETF Trust
—of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.02%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Yelp Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Yelp Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Yelp Inc.'s last four quarterly filings that the numbers alone won't show?”
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