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Yelp (YELP) Cost of Revenue (2016 - 2025)

Yelp's Cost of Revenue history spans 14 years, with the latest figure at $36.0 million for Q4 2025.

  • For Q4 2025, Cost of Revenue fell 74.85% year-over-year to $36.0 million; the TTM value through Dec 2025 reached $142.6 million, down 38.98%, while the annual FY2025 figure was $142.6 million, 75.67% down from the prior year.
  • Cost of Revenue for Q4 2025 was $36.0 million at Yelp, up from -$184.3 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $335.3 million in Q4 2022 and bottomed at -$184.3 million in Q3 2025.
  • The 5-year median for Cost of Revenue is $121.9 million (2021), against an average of $95.1 million.
  • The largest annual shift saw Cost of Revenue skyrocketed 529.37% in 2023 before it crashed 669.25% in 2025.
  • A 5-year view of Cost of Revenue shows it stood at $211.4 million in 2021, then soared by 58.59% to $335.3 million in 2022, then plummeted by 60.54% to $132.3 million in 2023, then grew by 8.29% to $143.3 million in 2024, then tumbled by 74.85% to $36.0 million in 2025.
  • Per Business Quant, the three most recent readings for YELP's Cost of Revenue are $36.0 million (Q4 2025), -$184.3 million (Q3 2025), and $144.6 million (Q2 2025).