YELP
$19.88-2.60%
YELP financial statements
The full income statement, balance sheet, and cash-flow statement for Yelp Inc. (YELP), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 66.9M2024-09 65.8M2024-12 65.0M2025-03 63.8M2025-06 63.1M2025-09 61.5M2025-12 59.5M2026-03 55.0M2026-06 54.3M-18.9% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 1.46B+3.7% | 1.41B+5.6% | 1.34B+12.0% | 1.19B+15.7% | 1.03B+18.2% | |
| Cost of revenue | — | — | — | 106M+35.4% | 78.1M+36.6% | |
| Research & development | 298M-4.1% | 311M-3.2% | 321M+8.9% | 295M+11.0% | 265M+15.3% | |
| Selling, general & administrative | 182M-1.6% | 185M-12.9% | 212M+29.4% | 164M+20.8% | 136M+4.1% | |
| General & administrative | 182M-1.6% | 185M-12.9% | 212M+29.4% | 164M+20.8% | 136M+4.1% | |
| Selling & marketing | 592M+1.0% | 586M+5.3% | 557M+8.1% | 515M+13.4% | 454M+3.9% | |
| Restructuring | — | — | 0.00 | 0.00-100.0% | 32.0K-99.2% | |
| Amortization of intangibles | 9.90M+253.6% | 2.80M+100.0% | 1.40M-17.6% | 1.70M-39.3% | 2.80M+7.7% | |
| Provision for credit losses | 43.3M-5.1% | 45.6M+12.1% | 40.7M+62.8% | 25.0M+71.6% | 14.6M-54.8% | |
| Operating income | 185M+22.2% | 151M+91.1% | 79.0M+35.5% | 58.4M+85.2% | 31.5M+181.2% | |
| Other non-operating income | 5.71M-27.6% | 7.89M+22.0% | 6.47M+131.6% | 2.79M+33.7% | 2.09M+51.7% | |
| Pre-tax income | 204M+11.5% | 183M+74.1% | 105M+57.4% | 66.8M+98.0% | 33.7M+196.0% | |
| Income tax | 58.4M+16.6% | 50.1M+748.0% | 5.91M-80.6% | 30.4M+611.2% | -5.95M+62.1% | |
| Net income | 146M+9.6% | 133M+34.0% | 99.2M+172.9% | 36.3M-8.4% | 39.7M+304.2% | |
| $2.24+19.1% | $1.88+39.3% | $1.35+170.0% | $0.50+0.0% | $0.50+285.2% | ||
| EPS (basic) | $2.30+16.8% | $1.97+37.8% | $1.43+180.4% | $0.51-3.8% | $0.53+296.3% | |
| Weighted-avg shares (basic) | 63.3M-6.1% | 67.4M-2.6% | 69.2M-2.3% | 70.9M-4.5% | 74.2M+1.7% | |
| Weighted-avg shares (diluted) | 65.1M-7.8% | 70.6M-4.1% | 73.6M+0.3% | 73.4M-6.6% | 78.6M+7.7% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 515M-0.4% | 517M-17.2% | 624M+4.7% | 596M-7.6% | 645M-9.5% | ||
| Cash & equivalents | 216M-0.6% | 217M-30.8% | 314M+2.5% | 306M-36.1% | 480M-19.5% | |
| Short-term investments | 103M+2.7% | 101M-21.1% | 127M+35.3% | 94.2M | 0.00 | |
| Accounts receivable | 153M-1.4% | 155M+6.3% | 146M+10.8% | 132M+22.9% | 107M+21.4% | |
| Prepaid expenses | 42.4M-3.0% | 43.6M+19.0% | 36.7M-42.2% | 63.5M+10.3% | 57.5M+102.2% | |
| Other current assets | 20.2M+34.5% | 15.0M-10.3% | 16.8M+123.4% | 7.50M+44.7% | 5.18M-26.8% | |
| 958M-2.6% | 984M-3.1% | 1.01B-0.1% | 1.02B-3.3% | 1.05B-9.0% | ||
| Property, plant & equipment | 91.7M+21.2% | 75.7M+10.2% | 68.7M-11.1% | 77.2M-7.9% | 83.9M-17.6% | |
| Operating lease right-of-use | 16.0M-33.5% | 24.1M-50.4% | 48.6M-50.1% | 97.4M-30.8% | 141M-16.3% | |
| Goodwill | 136M+3.7% | 131M+26.1% | 104M+1.5% | 102M-2.7% | 105M-3.8% | |
| Intangible assets | 49.0M-16.6% | 58.8M+669.7% | 7.64M-15.1% | 9.00M-15.7% | 10.7M-21.1% | |
| Deferred tax assets | — | 140M+16.9% | 119M+22.6% | 97.4M+139.9% | 40.6M+30.3% | |
| Other non-current assets | 151M-14.8% | 177M+9.5% | 162M+20.7% | 134M+104.9% | 65.4M+33.9% | |
| 172M+11.0% | 155M-11.9% | 176M-3.8% | 183M+11.5% | 164M+14.7% | ||
| Accounts payable | 9.79M-17.8% | 11.9M+0.3% | 11.9M-18.3% | 14.5M-9.9% | 16.1M+82.2% | |
| Accrued liabilities | 159M+20.9% | 131M-1.1% | 133M-3.7% | 138M+15.3% | 120M+36.3% | |
| Deferred revenue | 5.84M+96.6% | 2.97M-22.2% | 3.82M-26.5% | 5.20M+25.1% | 4.16M+1.1% | |
| Current lease liability | 7.43M-64.1% | 20.7M-47.3% | 39.2M-1.1% | 39.7M-1.4% | 40.2M-21.4% | |
| 248M+3.4% | 240M-9.7% | 265M-13.2% | 306M+2.1% | 299M-0.4% | ||
| Non-current lease liability | 17.5M-22.3% | 22.5M-53.3% | 48.1M-44.5% | 86.7M-32.3% | 128M-14.1% | |
| Operating lease liability (total) | 24.9M-42.3% | 43.1M-50.6% | 87.3M-30.9% | 126M-24.9% | 168M-15.9% | |
| Other non-current liabilities | 58.1M-6.5% | 62.2M+50.6% | 41.3M+14.3% | 36.1M+400.3% | 7.22M-14.6% | |
| 711M-4.5% | 744M-0.7% | 750M+5.5% | 710M-5.5% | 751M-12.1% | ||
| Preferred stock | 0.00 | 0.00 | — | — | — | |
| Common stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Additional paid-in capital | 2.01B+5.6% | 1.90B+6.5% | 1.79B+8.3% | 1.65B+8.3% | 1.52B+8.9% | |
| Retained earnings | -1.29B-13.3% | -1.14B-11.3% | -1.02B-10.9% | -924M-21.5% | -760M-42.4% | |
| Treasury stock | 999K-74.4% | 3.91M+1286.2% | 282K | 0.00 | 0.00-100.0% | |
| Accumulated other comprehensive income | -7.68M+50.2% | -15.4M-26.5% | -12.2M+21.5% | -15.5M-40.2% | -11.1M-62.9% | |
| Total liabilities & equity | 958M-2.6% | 984M-3.1% | 1.01B-0.1% | 1.02B-3.3% | 1.05B-9.0% | |
| Common shares issued | 60.0M-8.8% | 65.8M-4.5% | 68.9M-1.3% | 69.8M-3.3% | 72.2M-4.2% | |
| Common shares outstanding | 60.0M-8.7% | 65.7M-4.6% | 68.9M-1.3% | 69.8M-3.3% | 72.2M-4.1% | |
| Shares outstanding (cover) | 59.5M-8.5% | 65.0M-4.8% | 68.3M-1.8% | 69.5M-2.2% | 71.1M-5.1% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 372M+30.2% | 286M-6.7% | 306M+59.3% | 192M-9.6% | 213M+20.3% | ||
| Depreciation & amortization | 50.1M+24.0% | 40.4M-4.2% | 42.2M-5.9% | 44.9M-19.5% | 55.7M+10.0% | |
| Intangible amortization | 9.90M+253.6% | 2.80M+100.0% | 1.40M-17.6% | 1.70M-39.3% | 2.80M+7.7% | |
| Share-based compensation | 134M-15.3% | 158M-8.8% | 173M+11.1% | 156M+2.9% | 152M+21.8% | |
| Deferred income taxes | 25.1M+200.6% | -24.9M-12.5% | -22.1M+60.9% | -56.6M-516.1% | -9.19M+17.8% | |
| Change in receivables | 41.9M-18.0% | 51.0M-7.1% | 54.9M+10.9% | 49.6M+47.8% | 33.5M+142.4% | |
| Other operating activities | -491K+90.2% | -5.00M-195.9% | -1.69M-262.9% | 1.04M+164.3% | 392K-82.1% | |
| -45.7M+40.9% | -77.3M-41.3% | -54.7M+56.6% | -126M-356.2% | -27.6M-111.1% | ||
| Capital expenditure | 48.4M+29.5% | 37.3M+39.1% | 26.8M-16.0% | 32.0M+13.1% | 28.3M-11.6% | |
| Free cash flow | 324M+30.3% | 248M-11.1% | 279M+74.3% | 160M-13.0% | 184M+27.4% | |
| Acquisitions | 0.00-100.0% | 66.2M | 0.00 | 0.00 | 0.00 | |
| Other investing activities | -114K-1240.0% | 10.0K+105.1% | -195K-107.4% | -94.0K+85.1% | -632K-89.8% | |
| -330M-8.6% | -304M-23.1% | -247M-3.9% | -238M+21.0% | -300M-1327.4% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 291M+16.0% | 251M+25.5% | 200M-0.0% | 200M-23.9% | 263M+977.8% | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other financing activities | — | — | — | 0.00 | 0.00+100.0% | |
| FX effect on cash | 2.28M+313.6% | -1.07M-152.2% | 2.05M+195.8% | -2.14M-414.7% | -415K-293.9% | |
| Net change in cash | -1.39M+98.6% | -96.3M-1503.3% | 6.86M+104.0% | -174M-49.7% | -116M-128.7% | |
| Income taxes paid | 34.5M-40.8% | 58.2M+90.0% | 30.6M-39.3% | 50.4M+1898.3% | 2.52M+1079.0% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 1.81B-28.1% | 2.52B-22.4% | 3.24B+70.1% | 1.91B-26.0% | 2.58B+5.3% | |
| P/E | 12.4×-34.4% | 18.9×-46.3% | 35.3×-27.1% | 48.4×-25.5% | 65.0× | |
| P/S | 1.2×-30.7% | 1.8×-28.3% | 2.5×+51.1% | 1.6×-34.1% | 2.5×-10.9% | |
| P/B | 2.5×-24.8% | 3.4×-22.8% | 4.4×+61.3% | 2.7×-20.8% | 3.4×+19.7% | |
| P/FCF | 5.6×-44.8% | 10.1×-25.4% | 13.6×+18.2% | 11.5×-17.8% | 14.0×-17.4% | |
| Earnings yield | 8.0%+52.5% | 5.3%+86.2% | 2.8%+37.2% | 2.1%+34.3% | 1.5% | |
| FCF yield | 17.9%+81.3% | 9.9%+34.0% | 7.4%-15.4% | 8.7%+21.7% | 7.2%+21.0% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: YELP’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all YELP filings on SEC EDGAR → Not investment advice.