Yelp Inc. (YELP)

Yelp Inc. Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,451	1,412	1,337	1,194	1,032	872.93
Revenue Growth (YoY)	5.37%	5.61%	12.03%	15.67%	18.20%	-13.93%
Cost of Revenue	135.93	123.68	114.23	105.71	78.1	57.19
Gross Profit	1,315	1,288	1,223	1,088	953.74	815.75
Selling, General & Admin	759.01	763.76	734.47	668.57	578.88	567.51
Research & Development	314.95	325.99	332.57	305.56	276.47	232.56
Operating Expenses	1,120	1,130	1,109	1,019	911.03	850.68
Operating Income	195.73	158.23	113.61	68.82	42.71	-34.93
Interest Expense	-	-	-	-	-0.12	-
Interest & Investment Income	20.92	20.92	19.57	5.76	-	2.27
Currency Exchange Gain (Loss)	-0.55	-0.55	0.05	-0.13	0.23	0.02
Other Non Operating Income (Expenses)	4.96	8.44	6.42	2.79	2.09	1.38
EBT Excluding Unusual Items	221.06	187.04	139.65	77.24	44.91	-31.26
Merger & Restructuring Charges	-6.99	-1.27	-	-	-0.03	-3.86
Asset Writedown	-5.91	-5.91	-23.56	-10.46	-11.16	-
Legal Settlements	-	-	-11	-	-	-
Other Unusual Items	0	3.1	-	-	-	-
Pretax Income	208.17	182.96	105.08	66.78	33.72	-35.13
Income Tax Expense	59.03	50.11	5.91	30.43	-5.95	-15.7
Net Income	149.14	132.85	99.17	36.35	39.67	-19.42
Net Income to Common	149.14	132.85	99.17	36.35	39.67	-19.42
Net Income Growth	8.22%	33.96%	172.85%	-8.38%	-	-
Shares Outstanding (Basic)	66	67	69	71	74	73
Shares Outstanding (Diluted)	68	71	74	73	79	73
Shares Change (YoY)	-7.38%	-4.06%	0.26%	-6.63%	7.69%	-6.37%
EPS (Basic)	2.27	1.97	1.43	0.51	0.53	-0.27
EPS (Diluted)	2.19	1.88	1.35	0.50	0.50	-0.27
EPS Growth	16.67%	39.26%	170.00%	-	-	-
Free Cash Flow	284.97	248.47	279.43	160.33	184.37	144.7
Free Cash Flow Per Share	4.18	3.52	3.80	2.18	2.35	1.98
Gross Margin	90.63%	91.24%	91.46%	91.14%	92.43%	93.45%
Operating Margin	13.49%	11.21%	8.50%	5.77%	4.14%	-4.00%
Profit Margin	10.28%	9.41%	7.42%	3.04%	3.84%	-2.23%
Free Cash Flow Margin	19.64%	17.60%	20.90%	13.43%	17.87%	16.58%
EBITDA	212.74	170.03	127.09	84.07	67.79	-11.42
EBITDA Margin	14.66%	12.04%	9.50%	7.04%	6.57%	-1.31%
D&A For EBITDA	17.01	11.81	13.48	15.25	25.08	23.51
EBIT	195.73	158.23	113.61	68.82	42.71	-34.93
EBIT Margin	13.49%	11.21%	8.50%	5.77%	4.14%	-4.00%
Effective Tax Rate	28.36%	27.39%	5.62%	45.57%	-	-

Updated Aug 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q