Yelp (YELP) Net Margin (2011 - 2026)
Yelp (YELP) posted Net Margin of 8.43% for Q2 2026, down 3.47 percentage points from 11.90% a year earlier but up 3.52 percentage points from the prior quarter.
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Analysis
Yelp (YELP) Net Margin (2011 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Margin at Yelp was 8.59%, down 1.69 percentage points year-over-year; for FY2025, it was 9.94%, up 0.53 percentage points from FY2024.
- Annual Net Margin has increased for three consecutive years, with a five-year change of +12.16 percentage points (FY2020 to FY2025).
- In prior years, Yelp's Net Margin was 9.41% in FY2024 (+1.99 pp), 7.42% in FY2023 (+4.37 pp), 3.05% in FY2022 (-0.80 pp) and 3.84% in FY2021 (+6.07 pp).
- Quarterly Net Margin has run from a low of -0.38% in Q1 2023 to a high of 16.87% in Q3 2023 over five years.
- On a year-over-year basis, Net Margin has declined in each of the last four quarters, with an average year-over-year change of -0.69 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Net Margin in the past five years was Q3 2023, with a gain of 13.92 percentage points; the weakest was Q3 2024, with a drop of 6.20 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 4.91% (Q1 2026), 10.50% (Q4 2025) and 10.46% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,527.00 Bn | 3,261.90 Bn | 76.16 Bn | 20.51% |
| 2 | Meta Platforms | 1,638.83 Bn | 1,303.35 Bn | 51.23 Bn | 15.26% |
| 3 | Netflix | 262.68 Bn | 223.98 Bn | 6.80 Bn | 28.46% |
| 4 | Alibaba Group Holding | 244.66 Bn | 58.29 Bn | 15.16 Bn | 3.92% |
| 5 | Shopify | 194.74 Bn | 173.55 Bn | 1.78 Bn | 12.35% |
| 6 | Uber Technologies | 144.07 Bn | 114.89 Bn | 6.42 Bn | 3.47% |
| 7 | AppLovin | 135.24 Bn | 123.77 Bn | 1.94 Bn | 65.86% |
| 8 | Spotify Technology | 123.50 Bn | 80.42 Bn | 1.89 Bn | 10.42% |
| 9 | Booking Holdings | 121.55 Bn | 55.30 Bn | - | 30.55% |
| 10 | Yelp | 1.06 Bn | 199.97 Mn | 333.74 Mn | 8.43% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.43% |
| Mar 31, 2026 | 4.91% |
| Dec 31, 2025 | 10.50% |
| Sep 30, 2025 | 10.46% |
| Jun 30, 2025 | 11.90% |
| Mar 31, 2025 | 6.80% |
| Dec 31, 2024 | 11.66% |
| Sep 30, 2024 | 10.67% |
| Jun 30, 2024 | 10.65% |
| Mar 31, 2024 | 4.25% |
| Dec 31, 2023 | 8.00% |
| Sep 30, 2023 | 16.87% |
| Jun 30, 2023 | 4.37% |
| Mar 31, 2023 | -0.38% |
| Dec 31, 2022 | 6.52% |
| Sep 30, 2022 | 2.95% |
| Jun 30, 2022 | 2.68% |
| Mar 31, 2022 | -0.33% |
| Dec 31, 2021 | 8.48% |
| Sep 30, 2021 | 6.71% |
API Access
Yelp Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=YELP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "YELP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=YELP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();