Yelp Inc. logo YELP - Yelp Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 28
HOLD 29
SELL 10
STRONG
SELL
0
| PRICE TARGET: $28.40 DETAILS
HIGH: $32.00
LOW: $24.00
MEDIAN: $28.00
CONSENSUS: $28.40
UPSIDE: 26.84%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Revenue
Revenue 1,465.0 1,412.1 1,337.1 1,193.5 1,031.8 872.9 1,014.2 942.8 846.8 713.1 549.7 377.5 233.0 137.6 83.3 47.7 25.8
Cost of Revenue 142.6 123.7 114.2 105.7 78.1 57.2 62.4 57.9 70.5 60.4 51.0 24.4 16.6 9.9 5.9 3.1 1.1
Gross Profit 1,322.4 1,288.4 1,222.8 1,087.8 953.7 815.7 951.8 884.9 776.3 652.7 498.7 353.2 216.4 127.6 77.4 44.6 24.7
Operating Expenses
R&D Expenses 313.7 326.0 332.6 305.6 276.5 232.6 230.4 212.3 175.8 138.5 107.8 65.2 38.2 20.5 11.6 6.6 3.2
SG&A Expenses 774.1 770.9 769.0 679.0 590.0 567.5 636.5 603.9 544.3 480.3 382.6 259.3 174.9 117.4 77.7 45.2 22.6
Other Expenses 50.1 40.4 42.2 44.9 55.7 54.5 49.4 14.1 4.9 1.7 0.4 0.2 (0.4) (0.2) 4.2 2.3 1.2
Operating Expenses 1,137.8 1,137.3 1,143.8 1,029.4 922.2 854.5 916.3 859.0 761.3 654.2 520.0 342.1 224.6 145.1 93.5 54.1 27.0
Operating Income
Operating Income 185.1 151.0 79.0 58.4 31.5 (38.8) 35.5 25.9 179.5 (5.0) (21.3) 11.1 (8.8) (18.8) (16.2) (9.5) (2.3)
Interest Expense 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 0 20.9 19.6 5.8 0 2.3 13.3 13.8 4.2 1.7 0.6 0.4 0.1 0.1 0.0 0.0 0.0
Profitability
EBITDA 264.5 206.5 149.3 163.3 126.6 15.7 84.9 68.7 225.7 32.1 8.3 28.6 2.2 (11.0) (6.0) (7.2) (1.1)
EBIT 204.0 151.0 79.0 66.8 31.5 (34.9) 35.5 25.9 16.2 (3.3) (21.3) 11.1 (9.2) (17.5) (10.2) (9.5) (2.3)
Income Before Tax 204.0 183.0 105.1 66.8 33.7 (35.1) 49.8 40.0 184.3 (3.3) (20.9) 11.3 (9.2) (19.0) (16.6) (9.5) (2.3)
Income Tax Expense 58.4 50.1 5.9 30.4 (6.0) (15.7) 8.9 (15.3) 31.5 1.4 12.0 (25.2) 0.8 0.1 0.1 0.1 0.0
Net Income 145.6 132.8 99.2 36.3 39.7 (19.4) 40.9 55.4 152.9 (4.7) (32.9) 36.5 (10.1) (19.1) (16.7) (9.6) (2.3)
Per Share Data
EPS (Basic) 2.30 1.97 1.43 0.51 0.53 -0.27 0.55 0.62 1.87 -0.06 -0.44 0.51 -0.15 -0.35 -0.72 -0.63 -0.19
EPS (Diluted) 2.24 1.88 1.35 0.50 0.50 -0.27 0.52 0.62 1.75 -0.06 -0.44 0.48 -0.15 -0.35 -0.72 -0.63 -0.19
Shares Outstanding 63.3 67.4 69.2 70.9 74.2 73.0 74.6 88.7 81.6 77.2 74.7 71.9 65.7 54.1 23.3 15.3 12.3
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Current Assets
Cash & Cash Equivalents 216.1 217.3 313.9 306.4 479.8 595.9 170.3 332.8 547.9 272.2
Short-Term Investments 103.3 110.6 132.5 104.2 10 10.9 242 423.1 273.4 207.3
Net Receivables 153.2 155.3 146.1 163.2 136.2 88.4 106.8 87.3 76.2 68.7
Inventory 0 0 0 0 0 0 0 0 0 0
Other Current Assets 42.4 15.0 16.8 7.5 5.2 7.1 4.0 17.1 15.7 0
Total Current Assets 514.9 516.9 624.2 596.0 644.7 712.7 533.3 860.3 913.1 561.2
Non-Current Assets
Property, Plant & Equipment 107.7 99.8 117.3 174.6 224.6 269.9 308.8 114.8 103.7 92.4
Goodwill 135.8 131.0 103.9 102.3 105.1 109.3 104.6 105.6 108.0 170.7
Intangible Assets 49.0 58.8 7.6 9.0 10.7 13.5 10.1 13.4 16.9 32.6
Long-Term Investments 0 0 0 0 0 0 53.5 50.8 25.0 8
Other Non-Current Assets 150.9 37.6 42.3 36.6 24.8 18.4 40.4 81.5 49.9 28.3
Total Non-Current Assets 443.5 466.7 390.5 419.9 405.9 442.2 537.4 315.3 303.4 324.0
Total Assets 958.5 983.6 1,014.7 1,015.9 1,050.5 1,154.9 1,070.7 1,175.6 1,216.5 885.2
Current Liabilities
Account Payables 158.8 11.9 11.9 14.5 16.1 8.9 6.0 6.5 9.0 2.0
Short-Term Debt 7.4 0 0 0 0 0 0 0 0 0
Deferred Revenue 5.8 3.0 3.8 5.2 4.2 4.1 4.3 3.8 3.5 3.3
Other Current Liabilities 0 85.4 79.1 66.9 50.1 57.7 41.5 27.5 23.3 16.6
Total Current Liabilities 172.1 155.0 175.9 182.8 164.0 143.0 134.2 64.9 86.2 60.4
Non-Current Liabilities
Long-Term Debt 17.5 0 0 0 0 0 0 0 0 0
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 40.7 62.2 41.3 36.1 7.2 8.4 6.8 35.1 30.7 17.6
Total Non-Current Liabilities 75.6 84.6 89.3 122.8 135.2 157.4 181.6 35.1 30.7 17.6
Total Liabilities 247.6 239.6 265.2 305.6 299.2 300.4 315.7 100.0 116.9 78.0
Stockholders' Equity
Common Stock 0 0 0 0 0 0 0 0 0 0
Retained Earnings (1,291.4) (1,140.3) (1,024.6) (923.8) (760.2) (533.9) (493.1) (52.9) 70.1 (70.2)
Accumulated Other Comprehensive Income (7.7) (15.4) (12.2) (15.5) (11.1) (6.8) (11.8) (11.0) (8.4) (15.6)
Total Stockholders' Equity 710.9 744.0 749.5 710.3 751.3 854.5 755.0 1,075.5 1,099.6 807.2
Total Liabilities & Equity 958.5 983.6 1,014.7 1,015.9 1,050.5 1,154.9 1,070.7 1,175.6 1,216.5 885.2
Debt Metrics
Total Debt 42.3 43.1 87.3 126.3 168.2 200.1 232.3 0 0 0
Net Debt (173.7) (174.2) (226.6) (180.0) (311.6) (395.8) 62.0 (332.8) (547.9) (272.2)
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Operating Activities
Net Income 145.6 132.8 99.2 36.3 39.7 (19.4) 40.9 55.4 152.9 (4.7)
Depreciation & Amortization 60.5 55.5 70.3 77.7 95.0 50.6 49.4 42.8 41.2 35.3
Stock-Based Compensation 0 158.2 173.5 156.1 151.7 124.6 121.5 114.4 100.4 86.3
Change in Working Capital (67.2) (109.8) (102.4) (76.5) (93.8) (60.5) (65.1) (56.3) 19.6 (10.3)
Other Non-Cash Items 207.4 74.0 87.9 55.3 29.3 92.7 60.9 19.4 (0.0) 20.2
Operating Cash Flow 371.4 285.8 306.3 192.3 212.7 176.7 204.8 160.2 167.6 126.9
Investing Activities
Capital Expenditure (48.4) (37.3) (26.8) (32.0) (28.3) (38.1) (37.5) (45.0) (30.2) (37.4)
Acquisitions 0 (66.2) 0 0 0 0 0 20.1 202.1 (14.3)
Purchases of Investments (80.9) (96.8) (148.4) (127.1) 0 (97.4) (541.5) (751.2) (354.9) (283.0)
Sales/Maturities of Investments 83.5 123.1 120.4 32.8 0 383.6 674.1 631.6 264 265.5
Other Investing Activities 0.1 (0.0) 0.2 0.1 0.6 (5.8) 29.2 (19.9) (1.1) 13.5
Investing Cash Flow (45.7) (77.3) (54.7) (126.1) (27.6) 248.4 124.3 (164.4) 79.9 (55.6)
Financing Activities
Net Debt Issuance 0 0 0 0 0 0 0 0 0 0
Stock Repurchased (292.2) (251.2) (200.0) (200.0) (262.9) (24.4) (481.0) (187.4) (12.6) 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (56.9) (52.6) (46.8) (37.5) (37.6) 3.3 (42.8) (50.1) (1.2) 29.5
Financing Cash Flow (329.4) (303.8) (246.8) (237.5) (300.5) (21.1) (491.5) (207.7) 27.2 29.5
Cash Position
Net Change in Cash (1.3) (96.3) 6.9 (173.5) (115.9) 404.2 (162.5) (211.6) 275.6 100.6
Cash at Beginning 217.3 314.0 307.1 480.6 596.5 192.3 354.8 566.4 272.2 171.6
Cash at End 216.1 217.7 314.0 307.1 480.6 596.5 192.3 354.8 547.9 272.2
Free Cash Flow 323.0 248.5 279.4 160.3 184.4 138.6 167.3 115.2 137.4 89.5
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Income Statement
Revenue 1,465.0 1,412.1 1,337.1 1,193.5 1,031.8 872.9 1,014.2 942.8 846.8 713.1 549.7 377.5 233.0 137.6 83.3 47.7 25.8
Gross Profit 1,322.4 1,288.4 1,222.8 1,087.8 953.7 815.7 951.8 884.9 776.3 652.7 498.7 353.2 216.4 127.6 77.4 44.6 24.7
Operating Income 185.1 151.0 79.0 58.4 31.5 (38.8) 35.5 25.9 179.5 (5.0) (21.3) 11.1 (8.8) (18.8) (16.2) (9.5) (2.3)
Net Income 145.6 132.8 99.2 36.3 39.7 (19.4) 40.9 55.4 152.9 (4.7) (32.9) 36.5 (10.1) (19.1) (16.7) (9.6) (2.3)
EPS (Diluted) 2.24 1.88 1.35 0.50 0.50 -0.27 0.52 0.62 1.75 -0.06 -0.44 0.48 -0.15 -0.35 -0.72 -0.63 -0.19
Balance Sheet
Cash & Equivalents 216.1 217.3 313.9 306.4 479.8 595.9 170.3 332.8 547.9 272.2
Total Assets 958.5 983.6 1,014.7 1,015.9 1,050.5 1,154.9 1,070.7 1,175.6 1,216.5 885.2
Total Debt 42.3 43.1 87.3 126.3 168.2 200.1 232.3 0 0 0
Stockholders' Equity 710.9 744.0 749.5 710.3 751.3 854.5 755.0 1,075.5 1,099.6 807.2
Cash Flow
Operating Cash Flow 371.4 285.8 306.3 192.3 212.7 176.7 204.8 160.2 167.6 126.9
Capital Expenditure (48.4) (37.3) (26.8) (32.0) (28.3) (38.1) (37.5) (45.0) (30.2) (37.4)
Free Cash Flow 323.0 248.5 279.4 160.3 184.4 138.6 167.3 115.2 137.4 89.5