Yelp Inc. Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,467	1,412	1,337	1,194	1,032	872.93
Revenue Growth (YoY)	5.34%	5.61%	12.03%	15.67%	18.20%	-13.93%
Cost of Revenue	139.83	123.68	114.23	105.71	78.1	57.19
Gross Profit	1,327	1,288	1,223	1,088	953.74	815.75
Selling, General & Admin	767.11	763.76	734.47	668.57	578.88	567.51
Research & Development	315.34	325.99	332.57	305.56	276.47	232.56
Operating Expenses	1,131	1,130	1,109	1,019	911.03	850.68
Operating Income	195.82	158.23	113.61	68.82	42.71	-34.93
Interest Expense	-	-	-	-	-0.12	-
Interest & Investment Income	15.01	20.92	19.57	5.76	-	2.27
Currency Exchange Gain (Loss)	-0.18	-0.55	0.05	-0.13	0.23	0.02
Other Non Operating Income (Expenses)	8.63	8.44	6.42	2.79	2.09	1.38
EBT Excluding Unusual Items	219.28	187.04	139.65	77.24	44.91	-31.26
Merger & Restructuring Charges	-6.76	-1.27	-	-	-0.03	-3.86
Asset Writedown	-	-5.91	-23.56	-10.46	-11.16	-
Legal Settlements	-	-	-11	-	-	-
Other Unusual Items	-	3.1	-	-	-	-
Pretax Income	212.52	182.96	105.08	66.78	33.72	-35.13
Income Tax Expense	62.49	50.11	5.91	30.43	-5.95	-15.7
Net Income	150.02	132.85	99.17	36.35	39.67	-19.42
Net Income to Common	150.02	132.85	99.17	36.35	39.67	-19.42
Net Income Growth	27.10%	33.96%	172.85%	-8.38%	-	-
Shares Outstanding (Basic)	65	67	69	71	74	73
Shares Outstanding (Diluted)	67	71	74	73	79	73
Shares Change (YoY)	-7.58%	-4.06%	0.26%	-6.63%	7.69%	-6.37%
EPS (Basic)	2.32	1.97	1.43	0.51	0.53	-0.27
EPS (Diluted)	2.25	1.88	1.35	0.50	0.50	-0.27
EPS Growth	37.30%	39.26%	170.00%	-	-	-
Free Cash Flow	311.37	248.47	279.43	160.33	184.37	144.7
Free Cash Flow Per Share	4.66	3.52	3.80	2.18	2.35	1.98
Gross Margin	90.47%	91.24%	91.46%	91.14%	92.43%	93.45%
Operating Margin	13.35%	11.21%	8.50%	5.77%	4.14%	-4.00%
Profit Margin	10.23%	9.41%	7.42%	3.04%	3.84%	-2.23%
Free Cash Flow Margin	21.23%	17.60%	20.90%	13.43%	17.87%	16.58%
EBITDA	216.03	170.03	127.09	84.07	67.79	-11.42
EBITDA Margin	14.73%	12.04%	9.50%	7.04%	6.57%	-1.31%
D&A For EBITDA	20.21	11.81	13.48	15.25	25.08	23.51
EBIT	195.82	158.23	113.61	68.82	42.71	-34.93
EBIT Margin	13.35%	11.21%	8.50%	5.77%	4.14%	-4.00%
Effective Tax Rate	29.41%	27.39%	5.62%	45.57%	-	-

Updated Nov 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q