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Yelp (YELP) Operating Leases (2019 - 2025)

Yelp's Operating Leases history spans 7 years, with the latest figure at $24.9 million for Q4 2025.

  • For Q4 2025, Operating Leases rose 10.71% year-over-year to $24.9 million; the TTM value through Dec 2025 reached $24.9 million, up 10.71%, while the annual FY2025 figure was $24.9 million, 10.71% up from the prior year.
  • Operating Leases for Q4 2025 was $24.9 million at Yelp, up from $19.0 million in the prior quarter.
  • Across five years, Operating Leases topped out at $178.1 million in Q3 2021 and bottomed at $19.0 million in Q3 2025.
  • The 5-year median for Operating Leases is $72.5 million (2023), against an average of $81.1 million.
  • The largest annual shift saw Operating Leases rose 14.66% in 2021 before it plummeted 73.09% in 2024.
  • A 5-year view of Operating Leases shows it stood at $128.0 million in 2021, then crashed by 32.28% to $86.7 million in 2022, then crashed by 44.54% to $48.1 million in 2023, then crashed by 53.25% to $22.5 million in 2024, then grew by 10.71% to $24.9 million in 2025.
  • Per Business Quant, the three most recent readings for YELP's Operating Leases are $24.9 million (Q4 2025), $19.0 million (Q3 2025), and $30.6 million (Q2 2025).