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	771.91	770.94	769.04	679.04	590.04	567.51
Depreciation & Amortization Expenses	45.61	40.41	42.18	44.85	55.68	50.61
Research & Development	314.95	325.99	332.57	305.56	276.47	232.56
Other Operating Expenses	-	-	-	-	0.03	3.86
Total Operating Expenses	1,132	1,137	1,144	1,029	922.23	854.54
Operating Income	182.83	151.05	79.04	58.35	31.51	-38.8
Total Non-Operating Income (Expense)	25.34	31.92	26.04	8.43	2.2	3.67
Pretax Income	208.17	182.96	105.08	66.78	33.72	-35.13
Provision for Income Taxes	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)	-7.06%	-4.06%	0.26%	-6.63%	7.69%	-6.37%
EPS (Basic)	2.26	1.97	1.43	0.51	0.53	-0.27
EPS (Diluted)	2.20	1.88	1.35	0.50	0.50	-0.27
EPS Growth	15.79%	39.26%	170.00%	-	-	-
Free Cash Flow	284.97	248.47	279.43	160.33	184.37	144.7
Free Cash Flow Growth	14.69%	-11.08%	74.29%	-13.04%	27.42%	-13.49%
Free Cash Flow Per Share	4.20	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	12.60%	10.70%	5.91%	4.89%	3.05%	-4.44%
Profit Margin	10.28%	9.41%	7.42%	3.05%	3.84%	-2.23%
FCF Margin	19.64%	17.60%	20.90%	13.43%	17.87%	16.58%
EBITDA	242.59	206.55	149.31	136.02	126.54	54.05
EBITDA Margin	16.72%	14.63%	11.17%	11.40%	12.26%	6.19%
EBIT	182.83	151.05	79.04	58.35	31.51	-38.8
EBIT Margin	12.60%	10.70%	5.91%	4.89%	3.05%	-4.44%
Effective Tax Rate	28.36%	27.39%	5.62%	45.57%	-17.66%	44.70%

Updated Aug 7, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q