Yelp Inc. Income 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
Revenue	1,465	1,412	1,337	1,194	1,032
Revenue Growth (YoY)	3.75%	5.61%	12.03%	15.67%	18.20%
Cost of Revenue	142.6	123.68	114.23	105.71	78.1
Gross Profit	1,322	1,288	1,223	1,088	953.74
Selling, General & Admin	773.48	763.76	734.47	668.57	578.88
Research & Development	313.69	325.99	332.57	305.56	276.47
Operating Expenses	1,137	1,130	1,109	1,019	911.03
Operating Income	185.1	158.23	113.61	68.82	42.71
Interest Expense	-	-	-	-	-0.12
Interest & Investment Income	-	20.92	19.57	5.76	-
Currency Exchange Gain (Loss)	-	-0.55	0.05	-0.13	0.23
Other Non Operating Income (Expenses)	19.51	8.44	6.42	2.79	2.09
EBT Excluding Unusual Items	204.6	187.04	139.65	77.24	44.91
Merger & Restructuring Charges	-0.57	-1.27	-	-	-0.03
Asset Writedown	-	-5.91	-23.56	-10.46	-11.16
Legal Settlements	-	-	-11	-	-
Other Unusual Items	-	3.1	-	-	-
Pretax Income	204.03	182.96	105.08	66.78	33.72
Income Tax Expense	58.43	50.11	5.91	30.43	-5.95
Net Income	145.6	132.85	99.17	36.35	39.67
Net Income to Common	145.6	132.85	99.17	36.35	39.67
Net Income Growth	9.60%	33.96%	172.85%	-8.38%	-
Shares Outstanding (Basic)	63	67	69	71	74
Shares Outstanding (Diluted)	65	71	74	73	79
Shares Change (YoY)	-7.82%	-4.06%	0.26%	-6.63%	7.69%
EPS (Basic)	2.30	1.97	1.43	0.51	0.53
EPS (Diluted)	2.24	1.88	1.35	0.50	0.50
EPS Growth	19.15%	39.26%	170.00%	-	-
Free Cash Flow	323.68	248.47	279.43	160.33	184.37
Free Cash Flow Per Share	4.97	3.52	3.80	2.18	2.35
Gross Margin	90.27%	91.24%	91.46%	91.14%	92.43%
Operating Margin	12.63%	11.21%	8.50%	5.77%	4.14%
Profit Margin	9.94%	9.41%	7.42%	3.04%	3.84%
Free Cash Flow Margin	22.10%	17.60%	20.90%	13.43%	17.87%
EBITDA	235.19	170.03	127.09	84.07	67.79
EBITDA Margin	16.05%	12.04%	9.50%	7.04%	6.57%
D&A For EBITDA	50.09	11.81	13.48	15.25	25.08
EBIT	185.1	158.23	113.61	68.82	42.71
EBIT Margin	12.63%	11.21%	8.50%	5.77%	4.14%
Effective Tax Rate	28.64%	27.39%	5.62%	45.57%	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q