Growth Metrics

Yelp (YELP) Net Margin (2016 - 2025)

Yelp's Net Margin history spans 14 years, with the latest figure at 10.5% for Q4 2025.

  • For Q4 2025, Net Margin fell 118.0% year-over-year to 10.5%; the TTM value through Dec 2025 reached 9.94%, up 53.0%, while the annual FY2025 figure was 9.94%, 53.0% up from the prior year.
  • Net Margin for Q4 2025 was 10.5% at Yelp, roughly flat from 10.46% in the prior quarter.
  • Across five years, Net Margin topped out at 16.87% in Q3 2023 and bottomed at 2.52% in Q1 2021.
  • The 5-year median for Net Margin is 6.76% (2021), against an average of 6.6%.
  • The largest annual shift saw Net Margin soared 1585bps in 2021 before it crashed -622bps in 2024.
  • A 5-year view of Net Margin shows it stood at 8.48% in 2021, then decreased by -23bps to 6.52% in 2022, then grew by 23bps to 8.0% in 2023, then skyrocketed by 46bps to 11.67% in 2024, then dropped by -10bps to 10.5% in 2025.
  • Per Business Quant, the three most recent readings for YELP's Net Margin are 10.5% (Q4 2025), 10.46% (Q3 2025), and 11.9% (Q2 2025).