Yelp Inc (YELP) Operating Margin (2011 - 2026)

Yelp (YELP) posted Operating Margin of 7.55% for Q1 2026, down 44.39% sequentially from 13.58% in Q4 2025, and down 66.0% YoY from 22.21% in Q1 2025.

Yelp Inc (YELP) Operating Margin (2011 - 2026) Analysis & Trends

Yelp (YELP) has 15 years of Operating Margin data on file, last reported at 7.55% in Q1 2026.

  • Quarterly Operating Margin fell 66.0% year-over-year to 7.55% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 12.42% (up 65.0% YoY) and the FY2025 annual result came in at 12.6%, up 190.0% from the prior year.
  • Operating Margin fell to 7.55% in Q1 2026 per YELP's latest filing, from 13.58% in the prior quarter.
  • The five-year high for Operating Margin was 14.76% in Q4 2024, with the low at 2.11% in Q1 2023.
  • Average Operating Margin over 5 years is 8.34%, with a median of 8.22% recorded in 2025.
  • Year-over-year, Operating Margin slumped 370 bps in 2022 and jumped 779 bps in 2023.
  • Yelp's Operating Margin stood at 10.8% in 2022, then slumped by 32 bps to 7.31% in 2023, then jumped by 102 bps to 14.76% in 2024, then declined by 8 bps to 13.58% in 2025, then slumped by 44 bps to 7.55% in 2026.
  • Business Quant data shows YELP's Operating Margin at 7.55% in Q1 2026, 13.58% in Q4 2025, and 14.06% in Q3 2025.

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 7.55%
Dec 31, 2025 13.58%
Sep 30, 2025 14.06%
Jun 30, 2025 14.39%
Mar 31, 2025 8.22%
Dec 31, 2024 14.76%
Sep 30, 2024 12.95%
Jun 30, 2024 11.13%
Mar 31, 2024 3.37%
Dec 31, 2023 7.31%
Sep 30, 2023 12.13%
Jun 30, 2023 5.56%
Mar 31, 2023 -2.11%
Dec 31, 2022 10.80%
Sep 30, 2022 4.35%
Jun 30, 2022 5.35%
Mar 31, 2022 -1.61%
Dec 31, 2021 7.17%
Sep 30, 2021 8.04%
Jun 30, 2021 -0.42%