Growth Metrics

Yelp (YELP) Operating Margin (2016 - 2025)

Yelp (YELP) has disclosed Operating Margin for 14 consecutive years, with 13.58% as the latest value for Q4 2025.

  • Quarterly Operating Margin fell 118.0% to 13.58% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 12.6% through Dec 2025, up 190.0% year-over-year, with the annual reading at 12.6% for FY2025, 190.0% up from the prior year.
  • Operating Margin hit 13.58% in Q4 2025 for Yelp, down from 14.06% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 14.76% in Q4 2024 to a low of 3.72% in Q1 2021.
  • Historically, Operating Margin has averaged 7.27% across 5 years, with a median of 7.67% in 2021.
  • Biggest five-year swings in Operating Margin: skyrocketed 2049bps in 2021 and later tumbled -370bps in 2022.
  • Year by year, Operating Margin stood at 7.17% in 2021, then soared by 51bps to 10.8% in 2022, then tumbled by -32bps to 7.31% in 2023, then soared by 102bps to 14.76% in 2024, then dropped by -8bps to 13.58% in 2025.
  • Business Quant data shows Operating Margin for YELP at 13.58% in Q4 2025, 14.06% in Q3 2025, and 14.39% in Q2 2025.