Yelp (YELP) EBT Margin (2011 - 2026)

Yelp (YELP) posted EBT Margin of 8.27% for Q1 2026, down 42.3% sequentially from 14.33% in Q4 2025, and down 156.0% YoY from 14.76% in Q1 2025.

Analysis

Yelp (YELP) EBT Margin (2011 - 2026) Analysis & Trends

Yelp has reported EBT Margin for 15 years, with the latest figure at 8.27% in Q1 2026.

Quarterly EBT Margin fell 156.0% year-over-year to 8.27% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 13.54% (down 32.0% YoY) and the FY2025 annual result came in at 13.93%, up 97.0% from the prior year.
EBT Margin declined to 8.27% in Q1 2026 per YELP's latest filing, from 14.33% in the prior quarter.
Over five years, EBT Margin peaked at 16.6% in Q4 2024 and troughed at 1.27% in Q1 2022.
A 5-year average of 9.85% and a median of 9.87% in 2023 frame the typical range for EBT Margin.
The sharpest annual moves came in 2022 and 2023: EBT Margin plunged 295 bps in 2022, then surged 870 bps in 2023.
Over 5 years, EBT Margin stood at 11.93% in 2022, then retreated by 17 bps to 9.87% in 2023, then surged by 68 bps to 16.6% in 2024, then decreased by 14 bps to 14.33% in 2025, then slumped by 42 bps to 8.27% in 2026.
According to Business Quant data, EBT Margin over the past three periods registered 8.27%, 14.33%, and 15.49% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Set

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	EBT Margin (Qtr)
1	Alphabet	4,083.83 Bn	3,654.79 Bn	73.85 Bn	115.82%
2	Meta Platforms	1,456.07 Bn	1,365.81 Bn	49.47 Bn	30.85%
3	Spotify Technology	111.71 Bn	104.79 Bn	1.86 Bn	15.07%
4	Nebius	50.03 Bn	40.93 Bn	448.70 Mn	-0.12%
5	Reddit	28.44 Bn	25.65 Bn	734.60 Mn	31.91%
6	Bilibili	13.59 Bn	11.45 Bn	433.97 Mn	4.68%
7	Tencent Music Entertainment	12.71 Bn	9.21 Bn	582.00 Mn	-
8	Pinterest	12.21 Bn	10.93 Bn	922.30 Mn	-4.17%
9	Match	9.45 Bn	8.86 Bn	648.84 Mn	25.16%
10	Yelp	1.23 Bn	1.14 Bn	333.74 Mn	11.84%

Historic Data

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