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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?

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.