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Yelp (YELP) Operating Expenses (2016 - 2025)

Yelp's Operating Expenses history spans 14 years, with the latest figure at $311.1 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 0.84% year-over-year to $311.1 million; the TTM value through Dec 2025 reached $1.3 billion, up 1.54%, while the annual FY2025 figure was $1.3 billion, 1.54% up from the prior year.
  • Operating Expenses for Q4 2025 was $311.1 million at Yelp, down from $323.2 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $329.1 million in Q1 2025 and bottomed at $240.7 million in Q1 2021.
  • The 5-year median for Operating Expenses is $309.8 million (2024), against an average of $296.7 million.
  • The largest YoY upside for Operating Expenses was 26.37% in 2021 against a maximum downside of 13.14% in 2021.
  • A 5-year view of Operating Expenses shows it stood at $253.8 million in 2021, then grew by 8.63% to $275.7 million in 2022, then rose by 15.1% to $317.4 million in 2023, then fell by 2.78% to $308.5 million in 2024, then grew by 0.84% to $311.1 million in 2025.
  • Per Business Quant, the three most recent readings for YELP's Operating Expenses are $311.1 million (Q4 2025), $323.2 million (Q3 2025), and $317.1 million (Q2 2025).