Latest revenue
$361.5M
as of 2026-03-31
Latest net income
$17.7M
as of 2026-03-31
Net margin
4.9%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $1.23B
- Enterprise value
- $1.23B
- P/E (trailing)
- 8.5×
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 0.0%
- 52-wk high
- $39.58
- 52-wk low
- $19.60
- Beta
- —
- Shares out
- 55.0M
5-year trend
What this company does
Item 1. Business. Company Overview Since Yelp’s founding nearly 20 years ago, our mission has remained the same — to connect consumers with great local businesses. Over that time, we have built one of the best-known Internet brands in the United States. Consumers trust us for the more than 260 million ratings and reviews available on our platform of businesses across a broad range of categories. This consumer trust is the foundation of our business, from which we are able to empower other businesses to succeed. Our advertising products help businesses of all sizes reach a large audience, advertise their products and drive conversion of their services. Our performance in 2023 — which…
AI summary unavailable — showing raw filing excerpt
Generated from YELP's filing dated 2024-02-27
Key risks
Table of Contents Item 1A. Risk Factors Risks Related to Our Business and Industry Adverse macroeconomic conditions — such as the current uncertain economic environment — have had, and may continue to have, a significant adverse impact on our business and results of operations, and also exposes our business to other risks. The United States continues to face widespread macroeconomic uncertainties, including labor disruptions, inflation and recessionary concerns. These challenging macroeconomic conditions have had, and may continue to have, a significant adverse impact on our business and results of operations. For example, adverse macroeconomic conditions have had, and may continue to have,…
AI summary unavailable — showing raw filing excerpt
Generated from YELP's filing dated 2024-02-27
Profitability
Operating margin
12.6%
17.8%Net margin
9.9%
5.6%Return on equity
20.5%
15.6%Return on assets
15.2%
12.5%Leverage
Debt / equity
0.35×
11.6%Debt / assets
25.8%
8.6%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $361.5M | +0.8% | $17.7M | -27.3% | 4.9% |
Q4 2025 2025-12-31 | $360.0M | -0.5% | $37.8M | -10.5% | 10.5% |
Q3 2025 2025-09-30 | $376.0M | +4.4% | $39.3M | +2.3% | 10.5% |
Q2 2025 2025-06-30 | $370.4M | +3.7% | $44.1M | +15.9% | 11.9% |
Q1 2025 2025-03-31 | $358.5M | +7.7% | $24.4M | +72.3% | 6.8% |
Q4 2024 2024-12-31 | $362.0M | — | $42.2M | — | 11.7% |
Q3 2024 2024-09-30 | $360.3M | +4.4% | $38.4M | -34.0% | 10.7% |
Q2 2024 2024-06-30 | $357.0M | +5.9% | $38.0M | +180.7% | 10.7% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Services-Personal Services · SIC 7200
Your notes
Keep private notes on YELP — thesis, target price, catalysts to watch.
Visible only to you. Never shared. Never used to train AI.
Insider activity
Insider buying
$0
Insider selling
$20.1M
Net activity
−$20.1M
Distinct insiders
8
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns YELP
Institutional value
$848.9M
Total shares held
39.8M
Distinct holders
199
-114 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 10.0M | $246.5M | +273.4K (+2.8%) | Added |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 5.0M | $123.2M | — | New |
| 3 | DIMENSIONAL FUND ADVISORS LP | 2.7M | $66.4M | +457.3K (+20.5%) | Added |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 2.6M | $64.4M | — | New |
| 5 | Allianz Asset Management GmbH | 1.5M | $36.5M | +309.1K (+26.5%) | Added |
| 6 | OP Asset Management Ltd | 1.2M | $31.9M | +1.2M (+12334.0%) | Added |
| 7 | JUPITER ASSET MANAGEMENT LTD | 1.2M | $29.1M | +291.9K (+33.0%) | Added |
| 8 | Robeco Institutional Asset Management B.V. | 788.5K | $19.5M | +134.7K (+20.6%) | Added |
| 9 | UBS Group AG | 774.2K | $19.2M | -101.7K (-11.6%) | Trimmed |
| 10 | PRINCIPAL FINANCIAL GROUP INC | 522.0K | $12.9M | +147.3K (+39.3%) | Added |
| 11 | Pacer Advisors, Inc. | 467.2K | $11.6M | -333.5K (-41.7%) | Trimmed |
| 12 | VANGUARD FIDUCIARY TRUST CO | 407.5K | $10.1M | — | New |
| 13 | Bank of New York Mellon Corp | 383.5K | $9.5M | -11.7K (-3.0%) | Trimmed |
| 14 | Creative Planning | 361.3K | $8.9M | +286.5K (+383.0%) | Added |
| 15 | River Road Asset Management, LLC | 317.8K | $7.9M | -843.9K (-72.6%) | Trimmed |
| 16 | Public Sector Pension Investment Board | 286.4K | $7.1M | +32.5K (+12.8%) | Added |
| 17 | Invesco Ltd. | 278.6K | $6.9M | +58.6K (+26.6%) | Added |
| 18 | BNP PARIBAS FINANCIAL MARKETS | 241.7K | $6.0M | -117.2K (-32.7%) | Trimmed |
| 19 | Quantedge Capital Pte Ltd | 228.5K | $5.7M | -11.9K (-5.0%) | Trimmed |
| 20 | Universal- Beteiligungs- und Servicegesellschaft mbH | 224.6K | $5.6M | -27.0K (-10.7%) | Trimmed |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once YELP's latest filing finishes processing.