Yelp (YELP) Operating Leases (2019 - 2026)

Yelp has disclosed Operating Leases across 8 years of filings, most recently posting $23.3 million for Q2 2026.

• In Q2 2026, Operating Leases fell 23.79% year-over-year to $23.3 million; the TTM figure through Jun 2026 stood at $23.3 million (down 23.79% YoY), while the FY2025 annual figure was $17.5 million, down 22.34% from the prior year.
• Operating Leases came in at $23.3 million for Q2 2026 at Yelp, down from $24.9 million in the prior quarter.
• In the past five years, Operating Leases ranged from a high of $158.5 million in Q1 2022 to a low of $17.5 million in Q4 2025.
• Average Operating Leases over 5 years is $70.7 million, with a median of $60.8 million recorded in 2024.
• Year-over-year, Operating Leases declined 19.37% in 2022 and slumped 56.69% in 2025.
• Over 5 years, Operating Leases stood at $86.7 million in 2022, then plunged by 44.54% to $48.1 million in 2023, then sank by 53.25% to $22.5 million in 2024, then declined by 22.34% to $17.5 million in 2025, then soared by 33.53% to $23.3 million in 2026.
• Per Business Quant data, the three most recent Operating Leases figures were $23.3 million in Q2 2026, $24.9 million in Q1 2026, and $17.5 million in Q4 2025.