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
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
FCF
Total debt
Cash
2025
$1.5B
$146M
0.0%
12.6%
$324M
—
$216M
2024
$1.4B
$133M
0.0%
10.7%
$248M
—
$217M
2023
$1.3B
$99M
0.0%
5.9%
$279M
—
$314M
2022
$1.2B
$36M
91.1%
4.9%
$160M
—
$306M
2021
$1.0B
$40M
92.4%
3.1%
$184M
—
$480M
2020
$873M
-$19M
93.4%
-4.4%
$145M
—
$596M
2019
$1.0B
$41M
93.8%
3.5%
$167M
—
$170M
2018
$943M
$55M
93.9%
2.7%
$115M
—
$333M
2017
$851M
$153M
91.7%
21.1%
$137M
—
$548M
2016
$716M
-$2M
91.6%
-0.3%
$104M
$18M
$272M
2015
—
-$33M
—
—
$26M
$12M
$172M
2014
—
$36M
—
—
—
$8M
$247M
2013
—
-$10M
—
—
$5M
$5M
$390M
2012
—
-$19M
—
—
-$8M
$2M
$95M
2011
—
-$17M
—
—
-$5M
$3000
$22M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
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
FCF
Total debt
Cash
Mar '26
$361M
$18M
0.0%
7.6%
$45M
—
$110M
Dec '25
$360M
$38M
0.0%
13.6%
$72M
—
$216M
Sep '25
$376M
$39M
0.0%
14.1%
$119M
—
$231M
Jun '25
$370M
$44M
0.0%
14.4%
$45M
—
$198M
Mar '25
$359M
$24M
0.0%
8.2%
$87M
—
$222M
Dec '24
$362M
$42M
0.0%
14.8%
$60M
—
$217M
Sep '24
$360M
$38M
0.0%
12.9%
$93M
—
$262M
Jun '24
$357M
$38M
0.0%
11.1%
$30M
—
$252M
Mar '24
$333M
$14M
0.0%
3.4%
$66M
—
$296M
Dec '23
$342M
$27M
0.0%
7.3%
$73M
—
$314M
Sep '23
$345M
$58M
0.0%
12.1%
$99M
—
$305M
Jun '23
$337M
$15M
0.0%
5.6%
$40M
—
$270M
Mar '23
$312M
-$1M
0.0%
-2.1%
$67M
—
$289M
Dec '22
$309M
$20M
0.0%
10.8%
$33M
—
$306M
Sep '22
$309M
$9M
0.0%
4.3%
$64M
—
$331M
Jun '22
$299M
$8M
0.0%
5.4%
$10M
—
$421M
Mar '22
$277M
-$915000
0.0%
-1.6%
$53M
—
$465M
Dec '21
$273M
$23M
91.2%
7.2%
$38M
—
$480M
Sep '21
$269M
$18M
92.1%
8.0%
$50M
—
$532M
Jun '21
$257M
$4M
93.0%
-0.4%
$43M
—
$558M
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 44.7× (Mar '23) to 8.7× (Jun '26).
The price-to-sales ratio has fallen from 1.4× (Mar '23) to 0.9× (Jun '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?
As of Jun '26, Yelp Inc traded at a price-to-earnings ratio of about 8.7× (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.