The Inventing Press

YELP INC

Financial highlights

MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$1.5B$1.4B$1.3B$1.2B$1.0B
Cost of revenue$105.7M$78.1M
Research and development$297.8M$310.5M$320.6M$294.5M$265.2M
Operating income$184.5M$151.0M$79.0M$58.4M$31.5M
Pretax income$204.0M$183.0M$105.1M$66.8M$33.7M
Income tax expense$58.4M$50.1M$5.9M$30.4M-$6.0M
Net income$145.6M$132.8M$99.2M$36.3M$39.7M
Balance Sheet
Cash and equivalents$216.1M$217.3M$313.9M$306.4M$479.8M
Current assets$514.9M$516.9M$624.2M$596.0M$644.7M
Total assets$958.5M$983.6M$1.0B$1.0B$1.1B
Current liabilities$172.1M$155.0M$175.9M$182.8M$164.0M
Total liabilities$247.6M$239.6M$265.2M$305.6M$299.2M
Stockholders' equity$710.9M$744.0M$749.5M$710.3M$751.3M
Cash Flow Statement
Cash from operations$372.0M$285.8M$306.3M$192.3M$212.7M
Depreciation and amortization$50.1M$40.4M$42.2M$44.9M$55.7M
Stock-based compensation$134.0M$158.2M$173.5M$156.1M$151.7M
Capital expenditure$48.4M$37.3M$26.8M$32.0M$28.3M
Free cash flow$323.7M$248.5M$279.4M$160.3M$184.4M
Share repurchases$290.9M$250.9M$200.0M$200.0M$262.9M
Impairments$0$5.9M$23.6M$10.5M$11.2M

Shares outstanding 55.0M · Free float 90.3%

Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.