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| Date | Value |
|---|---|
| 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% |