Yelp (YELP) Net Margin (2011 - 2026)

Yelp has disclosed Net Margin across 15 years of filings, most recently posting 4.91% for Q1 2026.

• Net Margin for Q1 2026 came in at 4.91%, down 191.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 9.47% (down 49.0% YoY), and the FY2025 annual result was 9.94%, up 53.0% from the prior year.
• Net Margin came in at 4.91% for Q1 2026 at Yelp, down from 10.5% in the prior quarter.
• In the past five years, Net Margin ranged from a high of 16.87% in Q3 2023 to a low of 0.38% in Q1 2023.
• The 5-year median for Net Margin is 6.81% (2025), against an average of 7.2%.
• Across the five-year window, Net Margin jumped 1392 bps in 2023 and plunged 620 bps in 2024, its largest moves.
• Yelp's Net Margin stood at 6.51% in 2022, then rose by 23 bps to 8.0% in 2023, then soared by 46 bps to 11.66% in 2024, then fell by 10 bps to 10.5% in 2025, then slumped by 53 bps to 4.91% in 2026.
• The last three Net Margin figures came in at 4.91% (Q1 2026), 10.5% (Q4 2025), and 10.46% (Q3 2025), per Business Quant data.