15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 10.9% per year over the past 5 years.
Operating margin has expanded, at 12.6% in the latest year.
Free cash flow has grown 17.5% per year over the past 5 years.
Financial health
Total debt has grown faster than revenue (467.3% vs 10.9% per year).
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$1.5B
$146M
0.0%
12.6%
20.5%
15.2%
$324M
—
$216M
2024
$1.4B
$133M
0.0%
10.7%
17.9%
13.5%
$248M
—
$217M
2023
$1.3B
$99M
0.0%
5.9%
13.2%
9.8%
$279M
—
$314M
2022
$1.2B
$36M
91.1%
4.9%
5.1%
3.6%
$160M
—
$306M
2021
$1.0B
$40M
92.4%
3.1%
5.3%
3.8%
$184M
—
$480M
2020
$873M
-$19M
93.4%
-4.4%
-2.3%
-1.7%
$145M
—
$596M
2019
$1.0B
$41M
93.8%
3.5%
5.4%
3.8%
$167M
—
$170M
2018
$943M
$55M
93.9%
2.7%
5.1%
4.7%
$115M
—
$333M
2017
$851M
$153M
91.7%
21.1%
13.8%
12.5%
$137M
—
$548M
2016
$716M
-$2M
91.6%
-0.3%
-0.2%
-0.2%
$104M
$18M
$272M
2015
—
-$33M
—
—
-4.7%
-4.4%
$26M
$12M
$172M
2014
—
$36M
—
—
6.2%
5.8%
—
$8M
$247M
2013
—
-$10M
—
—
-2.1%
-2.0%
$5M
$5M
$390M
2012
—
-$19M
—
—
-11.5%
-10.2%
-$8M
$2M
$95M
2011
—
-$17M
—
—
68.5%
-38.0%
-$5M
$3000
$22M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jun '26
$376M
$32M
0.0%
11.6%
4.9%
3.2%
$61M
—
$94M
Mar '26
$361M
$18M
0.0%
7.6%
2.8%
1.8%
$45M
—
$110M
Dec '25
$360M
$38M
0.0%
13.6%
5.3%
3.9%
$72M
—
$216M
Sep '25
$376M
$39M
0.0%
14.1%
5.4%
4.0%
$119M
—
$231M
Jun '25
$370M
$44M
0.0%
14.4%
5.9%
4.5%
$45M
—
$198M
Mar '25
$359M
$24M
0.0%
8.2%
3.4%
2.5%
$87M
—
$222M
Dec '24
$362M
$42M
0.0%
14.8%
5.7%
4.3%
$60M
—
$217M
Sep '24
$360M
$38M
0.0%
12.9%
5.2%
3.9%
$93M
—
$262M
Jun '24
$357M
$38M
0.0%
11.1%
5.2%
3.9%
$30M
—
$252M
Mar '24
$333M
$14M
0.0%
3.4%
2.0%
1.4%
$66M
—
$296M
Dec '23
$342M
$27M
0.0%
7.3%
3.7%
2.7%
$73M
—
$314M
Sep '23
$345M
$58M
0.0%
12.1%
7.9%
5.7%
$99M
—
$305M
Jun '23
$337M
$15M
0.0%
5.6%
2.1%
1.4%
$40M
—
$270M
Mar '23
$312M
-$1M
0.0%
-2.1%
-0.2%
-0.1%
$67M
—
$289M
Dec '22
$309M
$20M
0.0%
10.8%
2.8%
2.0%
$33M
—
$306M
Sep '22
$309M
$9M
0.0%
4.3%
1.3%
0.9%
$64M
—
$331M
Jun '22
$299M
$8M
0.0%
5.4%
1.1%
0.8%
$10M
—
$421M
Mar '22
$277M
-$915000
0.0%
-1.6%
-0.1%
-0.1%
$53M
—
$465M
Dec '21
$273M
$23M
91.2%
7.2%
3.1%
2.2%
$38M
—
$480M
Sep '21
$269M
$18M
92.1%
8.0%
2.3%
1.7%
$50M
—
$532M
Valuation over time
How the market has priced YELP against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 44.1× (Mar '23) to 7.4× (Nov '26).
The price-to-sales ratio has fallen from 1.3× (Mar '23) to 0.7× (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is YELP growing its revenue and profit?
Over the past 5 years, Yelp Inc's revenue has grown 10.9% per year. These are computed facts, not advice.
How much debt does YELP have?
As of FY2025, Yelp Inc reported — of total debt against $216M of cash.
What is YELP's profit margin?
In FY2025, gross margin was —, operating margin 12.6%, and net margin 9.9%.
What is YELP's P/E ratio?
Yelp Inc's P/E (TTM) is 8.49 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the YELP stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 7.4× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.