Yelp Inc. Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	145.6	132.85	99.17	36.35	39.67
Depreciation & Amortization	60.49	55.5	70.27	77.66	95.02
Stock-Based Compensation	133.99	158.19	173.45	156.09	151.68
Other Adjustments	99.14	49.05	65.74	-1.29	20.07
Change in Receivables	-41.87	-51.03	-54.95	-49.56	-33.54
Changes in Accounts Payable	22.72	4.8	-2.55	49.14	30
Changes in Other Operating Activities	-48.04	-63.54	-44.86	-76.09	-90.25
Operating Cash Flow	372.03	285.82	306.28	192.31	212.66
Operating Cash Flow Growth	30.16%	-6.68%	59.27%	-9.57%	20.35%
Capital Expenditures	-48.35	-37.35	-26.85	-31.98	-28.28
Purchases of Investments	-80.95	-96.8	-148.45	-127.08	-
Proceeds from Sale of Investments	83.53	123.09	120.42	32.82	-
Payments for Business Acquisitions	-	-66.2	-	-	-
Other Investing Activities	0.11	-0.01	0.2	0.09	0.63
Investing Cash Flow	-45.65	-77.27	-54.68	-126.14	-27.65
Issuance of Common Stock	19.67	20.79	39.51	23.5	24.98
Repurchase of Common Stock	-347.84	-324.31	-285.18	-261.03	-325.47
Net Common Stock Issued (Repurchased)	-328.17	-303.52	-245.67	-237.53	-300.49
Other Financing Activities	-1.87	-0.28	-1.11	-	-
Financing Cash Flow	-330.05	-303.8	-246.78	-237.53	-300.49
Effect of Exchange Rate Changes on Cash and Cash Equivalents	2.28	-1.07	2.05	-2.14	-0.42
Net Cash Flow	-1.39	-96.32	6.86	-173.5	-115.9
Free Cash Flow	323.68	248.47	279.43	160.33	184.37
Free Cash Flow Growth	30.27%	-11.08%	74.29%	-13.04%	27.42%
FCF Margin	22.09%	17.60%	20.90%	13.43%	17.87%
Free Cash Flow Per Share	4.97	3.52	3.80	2.18	2.35
Levered Free Cash Flow	132.42	92.26	95.19	55.08	46.16
Unlevered Free Cash Flow	118.5	69.08	70.61	50.5	43.57

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.