Yelp (YELP) Gross Margin (2011 - 2026)

Yelp has reported Gross Margin for 15 years, with the latest figure at 89.37% in Q1 2026.

• Quarterly Gross Margin fell 91.0% year-over-year to 89.37% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 90.04% (down 84.0% YoY) and the FY2025 annual result came in at 90.27%, down 97.0% from the prior year.
• Gross Margin retreated to 89.37% in Q1 2026 per YELP's latest filing, from 89.99% in the prior quarter.
• Over five years, Gross Margin peaked at 91.78% in Q3 2023 and troughed at 89.37% in Q1 2026.
• A 5-year average of 90.93% and a median of 91.01% in 2024 frame the typical range for Gross Margin.
• The sharpest annual moves came in 2022 and 2023: Gross Margin plunged 206 bps in 2022, then soared 56 bps in 2023.
• Over 5 years, Gross Margin stood at 90.79% in 2022, then gained by 1 bps to 91.35% in 2023, then retreated by 1 bps to 90.81% in 2024, then decreased by 1 bps to 89.99% in 2025, then decreased by 1 bps to 89.37% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 89.37%, 89.99%, and 90.35% for Q1 2026, Q4 2025, and Q3 2025 respectively.