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YELP Financials Yelp Inc

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
-$33M $716M $1B $0 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
-4% 45% 94% 0% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Return on equity & assets (ROE / ROA)
-38% 15% 68% 0% 2011 2013 2015 2017 2019 2021 2023 2025
ROEROA
Free cash flow (CFO − capex)
-$8M $158M $324M $0 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $298M $596M 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$492M -$60M $372M $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
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

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.

Price / earnings (P/E)
0.0 35.4 70.7 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/E
Price / sales (P/S)
0.0 1.1 2.2 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
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?

As of Sep '26, Yelp Inc traded at a price-to-earnings ratio of about 8.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. 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), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.