Yelp (YELP) Operating Expenses (2011 - 2026)
Yelp (YELP) posted Operating Expenses of $334.2 million for Q1 2026, up 7.41% sequentially from $311.1 million in Q4 2025, and up 1.55% YoY from $329.1 million in Q1 2025.
Yelp (YELP) Operating Expenses (2011 - 2026) Analysis & Trends
Yelp has reported Operating Expenses for 15 years, with the latest figure at $334.2 million in Q1 2026.
- Quarterly Operating Expenses rose 1.55% year-over-year to $334.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.3 billion (up 1.34% YoY) and the FY2025 annual result came in at $1.3 billion, up 1.54% from the prior year.
- Operating Expenses improved to $334.2 million in Q1 2026 per YELP's latest filing, from $311.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $334.2 million in Q1 2026 and troughed at $275.7 million in Q4 2022.
- A 5-year average of $309.9 million and a median of $317.1 million in 2025 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses grew 19.38% in 2022, then retreated 2.78% in 2024.
- Over 5 years, Operating Expenses stood at $275.7 million in 2022, then grew by 15.1% to $317.4 million in 2023, then dropped by 2.78% to $308.5 million in 2024, then advanced by 0.84% to $311.1 million in 2025, then increased by 7.41% to $334.2 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $334.2 million, $311.1 million, and $323.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,165.61 Bn | 3,736.57 Bn | 73.85 Bn | 79.03 Bn |
| 2 | Meta Platforms | 1,523.46 Bn | 1,433.20 Bn | 49.47 Bn | 42.03 Bn |
| 3 | Taboola.com | 1,141.85 Bn | 1,141.71 Bn | 139.48 Mn | 132.22 Mn |
| 4 | Baidu | 288.34 Bn | 283.85 Bn | 1.88 Mn | 4.19 Bn |
| 5 | Spotify Technology | 103.44 Bn | 93.20 Bn | 1.75 Bn | 512.79 Mn |
| 6 | Joyy | 77.39 Bn | 76.50 Bn | 205.64 Mn | -187.82 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 303,858.00 |
| 8 | Nebius | 50.20 Bn | 40.57 Bn | 295.20 Mn | 527.00 Mn |
| 9 | 30.00 Bn | 27.22 Bn | 734.60 Mn | 573.19 Mn | |
| 10 | Yelp | 1.31 Bn | 1.21 Bn | 333.74 Mn | 331.79 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 331.79 Mn |
| Mar 31, 2026 | 334.16 Mn |
| Dec 31, 2025 | 311.10 Mn |
| Sep 30, 2025 | 323.15 Mn |
| Jun 30, 2025 | 317.10 Mn |
| Mar 31, 2025 | 329.07 Mn |
| Dec 31, 2024 | 308.52 Mn |
| Sep 30, 2024 | 313.69 Mn |
| Jun 30, 2024 | 317.27 Mn |
| Mar 31, 2024 | 321.54 Mn |
| Dec 31, 2023 | 317.36 Mn |
| Sep 30, 2023 | 303.25 Mn |
| Jun 30, 2023 | 318.38 Mn |
| Mar 31, 2023 | 319.03 Mn |
| Dec 31, 2022 | 275.72 Mn |
| Sep 30, 2022 | 295.47 Mn |
| Jun 30, 2022 | 282.88 Mn |
| Mar 31, 2022 | 281.08 Mn |
| Dec 31, 2021 | 253.81 Mn |
| Sep 30, 2021 | 247.51 Mn |