Yelp (YELP) Cost of Revenue (2011 - 2026)
Yelp (YELP) posted Cost of Revenue of $38.4 million for Q1 2026, up 6.59% sequentially from $36.0 million in Q4 2025, and up 10.28% YoY from $34.8 million in Q1 2025.
Analysis
Yelp (YELP) Cost of Revenue (2011 - 2026) Analysis & Trends
Yelp has reported Cost of Revenue for 15 years, with the latest figure at $38.4 million in Q1 2026.
- Quarterly Cost of Revenue rose 10.28% year-over-year to $38.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $146.2 million (up 11.45% YoY) and the FY2025 annual result came in at $142.6 million, up 15.29% from the prior year.
- Cost of Revenue improved to $38.4 million in Q1 2026 per YELP's latest filing, from $36.0 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $38.4 million in Q1 2026 and troughed at $23.4 million in Q1 2022.
- A 5-year average of $30.9 million and a median of $30.2 million in 2023 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2022 and 2024: Cost of Revenue jumped 57.52% in 2022, then grew 1.63% in 2024.
- Over 5 years, Cost of Revenue stood at $28.5 million in 2022, then advanced by 3.98% to $29.6 million in 2023, then climbed by 12.34% to $33.3 million in 2024, then rose by 8.3% to $36.0 million in 2025, then gained by 6.59% to $38.4 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $38.4 million, $36.0 million, and $36.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 45.94 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 11.33 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 3.70 Bn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 133.60 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 70.31 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | 732.09 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | 735.00 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | 257.35 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 204.26 Mn |
| 10 | Yelp | 1.23 Bn | 1.14 Bn | 333.74 Mn | 41.78 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 41.78 Mn |
| Jun 30, 2026 | 41.78 Mn |
| Mar 31, 2026 | 38.41 Mn |
| Mar 31, 2026 | 38.41 Mn |
| Dec 31, 2025 | 36.03 Mn |
| Dec 31, 2025 | 36.03 Mn |
| Sep 30, 2025 | 36.29 Mn |
| Sep 30, 2025 | 36.29 Mn |
| Jun 30, 2025 | 35.45 Mn |
| Jun 30, 2025 | 35.45 Mn |
| Mar 31, 2025 | 34.83 Mn |
| Mar 31, 2025 | 34.83 Mn |
| Dec 31, 2024 | 33.27 Mn |
| Dec 31, 2024 | 33.27 Mn |
| Sep 30, 2024 | 32.38 Mn |
| Sep 30, 2024 | 32.38 Mn |
| Jun 30, 2024 | 30.68 Mn |
| Jun 30, 2024 | 30.68 Mn |
| Mar 31, 2024 | 27.36 Mn |
| Mar 31, 2024 | 27.36 Mn |