Yelp (YELP) Operating Expenses (2011 - 2026)

Yelp has disclosed Operating Expenses across 15 years of filings, most recently posting $334.2 million for Q1 2026.

• Operating Expenses for Q1 2026 came in at $334.2 million, up 1.55% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.3 billion (up 1.34% YoY), and the FY2025 annual result was $1.3 billion, up 1.54% from the prior year.
• Operating Expenses came in at $334.2 million for Q1 2026 at Yelp, up from $311.1 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $334.2 million in Q1 2026 to a low of $275.7 million in Q4 2022.
• The 5-year median for Operating Expenses is $317.1 million (2025), against an average of $309.9 million.
• Across the five-year window, Operating Expenses advanced 19.38% in 2022 and declined 2.78% in 2024, its largest moves.
• Yelp's Operating Expenses stood at $275.7 million in 2022, then advanced by 15.1% to $317.4 million in 2023, then decreased by 2.78% to $308.5 million in 2024, then rose by 0.84% to $311.1 million in 2025, then climbed by 7.41% to $334.2 million in 2026.
• The last three Operating Expenses figures came in at $334.2 million (Q1 2026), $311.1 million (Q4 2025), and $323.2 million (Q3 2025), per Business Quant data.