Yelp (YELP) Operating Leases (2019 - 2026)

Yelp has reported Operating Leases for 8 years, with the latest figure at $24.9 million in Q1 2026.

• Quarterly Operating Leases rose 22.16% year-over-year to $24.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $24.9 million (up 22.16% YoY) and the FY2025 annual result came in at $17.5 million, down 22.34% from the prior year.
• Operating Leases rose to $24.9 million in Q1 2026 per YELP's latest filing, from $17.5 million in the prior quarter.
• Over five years, Operating Leases peaked at $147.0 million in Q2 2022 and troughed at $17.5 million in Q4 2025.
• A 5-year average of $62.6 million and a median of $48.1 million in 2023 frame the typical range for Operating Leases.
• The sharpest annual moves came in 2024 and 2026: Operating Leases slumped 69.31% in 2024, then rose 22.16% in 2026.
• Over 5 years, Operating Leases stood at $86.7 million in 2022, then slumped by 44.54% to $48.1 million in 2023, then tumbled by 53.25% to $22.5 million in 2024, then retreated by 22.34% to $17.5 million in 2025, then surged by 42.82% to $24.9 million in 2026.
• According to Business Quant data, Operating Leases over the past three periods registered $24.9 million, $17.5 million, and $19.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.