Growth Metrics

Yelp (YELP) Gross Margin (2016 - 2025)

Yelp's Gross Margin history spans 14 years, with the latest figure at 89.99% for Q4 2025.

  • For Q4 2025, Gross Margin rose 2957.0% year-over-year to 89.99%; the TTM value through Dec 2025 reached 90.27%, up 681.0%, while the annual FY2025 figure was 90.27%, 3176.0% up from the prior year.
  • Gross Margin for Q4 2025 was 89.99% at Yelp, down from 149.02% in the prior quarter.
  • Across five years, Gross Margin topped out at 149.02% in Q3 2025 and bottomed at 8.47% in Q4 2022.
  • The 5-year median for Gross Margin is 60.69% (2024), against an average of 69.37%.
  • The largest YoY upside for Gross Margin was 6983bps in 2023 against a maximum downside of -3873bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 22.67% in 2021, then plummeted by -137bps to 8.47% in 2022, then surged by 825bps to 61.36% in 2023, then decreased by -2bps to 60.42% in 2024, then surged by 49bps to 89.99% in 2025.
  • Per Business Quant, the three most recent readings for YELP's Gross Margin are 89.99% (Q4 2025), 149.02% (Q3 2025), and 60.96% (Q2 2025).