YELP INC

For the period ended Jun 30, 2025. Filed Aug 8, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2025 · Filed Aug 8, 2025

YELP$20.15+2.9%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations

(In thousands, except per share data)

	Three Months EndedJune 30,		Six Months EndedJune 30,
	2025	2024	2025	2024
Net revenue	$370,394	$357,016	$728,928	$689,768
Costs and expenses:
Cost of revenue (exclusive of depreciation and amortization shown separately below)	35,447	30,677	70,275	58,032
Sales and marketing	144,612	150,293	290,896	298,084
Product development	78,362	82,080	162,267	173,307
General and administrative	46,318	44,634	98,025	89,866
Depreciation and amortization	12,365	9,585	24,715	19,515
Total costs and expenses	317,104	317,269	646,178	638,804
Income from operations	53,290	39,747	82,750	50,964
Other income, net	5,695	10,322	11,466	18,046
Income before income taxes	58,985	50,069	94,216	69,010
Provision for income taxes	14,896	12,033	25,736	16,820
Net income attributable to common stockholders	$44,089	$38,036	$68,480	$52,190
Net income per share attributable to common stockholders
Basic	$0.69	$0.56	$1.06	$0.77
Diluted	$0.67	$0.54	$1.03	$0.73
Weighted-average shares used to compute net income per share attributable to common stockholders
Basic	64,145	67,815	64,700	68,187
Diluted	65,683	70,444	66,610	71,574

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.