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Yelp Inc.

Yelp Inc.

NYSE•YELP
CEO: Mr. Jeremy Stoppelman
Sector: Communication Services
Industry: Internet Content & Information
Listing Date: 2012-03-02
Yelp Inc. operates a platform that connects consumers with local businesses in the United States and internationally. Its platform covers various categories, including restaurants, shopping, beauty and fitness, health, and other categories, as well as home, local, auto, professional, pets, events, real estate, and financial services. It provides free and paid advertising products to businesses, which include cost-per-click advertising and multi-location Ad products, as well as enables businesses to deliver targeted advertising to large and high-intent audience; and business listing page products. The company also offers other services comprising Yelp Guest Manager, a subscription-based suite of front-of-house management tools for restaurants, nightlife and certain other venues, which include online reservations, a waitlist management solution that allows consumers to check wait times and join waitlists remotely, as well as through hostless kiosks, and seating and server rotation management tools; Yelp Knowledge program that offers business owners local analytics and insights through access to its historical data and other proprietary content; and Yelp Fusion, which offers free access to various basic information through publicly available APIs, and paid access to content and data for consumer-facing enterprise use. In addition, it provides content licensing, as well as allows third-party data providers to update and manage business listing information on behalf of businesses. Further, the company offers its products directly through its sales force; indirectly through partners; and online through its website and business app, as well as non-advertising partner arrangements. It has partnership with Grubhub for providing consumers with a service to place food orders for pickup and delivery. The company was formerly known as Yelp! Inc. and changed its name to Yelp Inc. in August 2012. Yelp Inc. was incorporated in 2004 and is based in San Francisco, California.
Contact Information
350 Mission Street, 10th Floor, San Francisco, CA, 94105, United States
415-908-3801
www.yelp.com
Market Cap
$2.02B
P/E (TTM)
13.4
85.6
Dividend Yield
--
52W High
$41.72
52W Low
$27.29
52W Range
28%
Rank26Top 9.6%
5.9
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5.9 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q3 2025 Data

Revenue

$376.04M+4.35%
4-Quarter Trend

EPS

$0.62+8.77%
4-Quarter Trend

FCF

$118.94M+28.53%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Nine Month Revenue Growth Net revenue $1.10B USD for nine months, marking 5% growth compared to prior period results.
Net Income Improvement Net income attributable to common stockholders reached $107.8M USD for nine months, showing 19% growth.
Strong Cash Generation Free cash flow generated $251.4M USD for nine months, reflecting a strong 33% increase year over year.
Services Revenue Leads Services advertising revenue increased 7% for the quarter, driven by growth in Home and Auto categories.

Risk Factors

Advertiser Clicks Decline Ad clicks decreased (7)% for nine months, driven by macroeconomic pressures and competitive pressures in RR&O.
RR&O Category Weakness RR&O advertising revenue declined (4)% for nine months, reflecting challenging operating environment and competition for spend.
Q4 Sequential Decrease Expected Expect sequential net revenue and adjusted EBITDA decrease in Q4 due to macroeconomic uncertainty and seasonality.
Deferred Tax Asset Risk Potential need for valuation allowance on $139.6M DTAs if future taxable income proves insufficient for realization.

Outlook

AI Product Integration Continued strategic investments in product innovation, including launching AI-powered call answering services for advertisers.
Yelp Assistant Momentum Yelp Assistant project submissions increased nearly 400% year over year, showing strong product adoption and momentum.
Expense Management Expect Sales and marketing expenses to decrease as a percentage of net revenue in 2025 compared to 2024.
RepairPal Acquisition Costs Acquisition and integration costs were excluded from Adjusted EBITDA calculations for ongoing performance assessment.

Peer Comparison

Revenue (TTM)

IAC Inc.IAC
$2.74B
-29.4%
IHS Holding LimitedIHS
$1.77B
-1.0%
Weibo CorporationWB
$1.74B
-1.1%

Gross Margin (Latest Quarter)

Yelp Inc.YELP
90.3%
-0.7pp
Weibo CorporationWB
76.0%
-4.1pp
John Wiley & Sons, Inc.WLY
72.1%
-2.8pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
IAC$3.26B-14.1-4.5%19.9%
IHS$2.46B21.3-28.6%85.4%
WB$2.43B6.610.6%27.0%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
1.3%
Moderate Growth
4Q Net Income CAGR
-2.3%
Stable Profitability
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Next earnings:Feb 12, 2026
|
EPS:$0.47
|
Revenue:-
Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Sep 30, 2025|Filed: Nov 7, 2025|
    Revenue: $376.04M+4.4%
    |
    EPS: $0.62+8.8%
    Beat
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Aug 8, 2025|
    Revenue: $370.39M+3.7%
    |
    EPS: $0.69+23.2%
    Beat
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: May 9, 2025|
    Revenue: $358.53M+7.7%
    |
    EPS: $0.37+76.2%
    Beat
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Feb 27, 2025|
    Revenue: $1.41B+5.6%
    |
    EPS: $1.97+37.8%
    Beat
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Nov 8, 2024|
    Revenue: $360.34M+4.4%
    |
    EPS: $0.57-32.1%
    Beat
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Aug 9, 2024|
    Revenue: $357.02M+5.9%
    |
    EPS: $0.56+166.7%
    Beat
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: May 10, 2024|
    Revenue: $332.75M+6.5%
    |
    EPS: $0.21-1342.6%
    Beat
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Feb 27, 2024|
    Revenue: $1.34B+12.0%
    |
    EPS: $1.43+180.4%
    Beat