Growth Metrics

Yelp (YELP) Gross Margin (2016 - 2026)

Yelp's Gross Margin history spans 14 years, with the latest figure at 34.88% for Q4 2025.

  • On a quarterly basis, Gross Margin rose 204.0% to 34.88% in Q4 2025 year-over-year; TTM through Dec 2025 was 52.13%, a 1011.0% increase, with the full-year FY2025 number at 59.58%, up 108.0% from a year prior.
  • Gross Margin hit 34.88% in Q4 2025 for Yelp, down from 90.35% in the prior quarter.
  • Over the last five years, Gross Margin for YELP hit a ceiling of 191.51% in Q4 2022 and a floor of 37.86% in Q4 2023.
  • Historically, Gross Margin has averaged 65.28% across 5 years, with a median of 75.62% in 2025.
  • Biggest five-year swings in Gross Margin: surged 10031bps in 2022 and later plummeted -22937bps in 2023.
  • Tracing YELP's Gross Margin over 5 years: stood at 91.21% in 2021, then soared by 110bps to 191.51% in 2022, then tumbled by -120bps to 37.86% in 2023, then grew by 2bps to 36.91% in 2024, then rose by 6bps to 34.88% in 2025.
  • Business Quant data shows Gross Margin for YELP at 34.88% in Q4 2025, 90.35% in Q3 2025, and 60.96% in Q2 2025.