Is Yelp (YELP) overvalued or fairly valued?

MarketChacha shows Yelp's valuation in context — a trailing P/E of about 10.1, a forward P/E of about 5.9, a price-to-book of about 1.9 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Yelp's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (2.55×) from reported figures — education, not a rating.

What is Yelp's revenue?

Yelp reported revenue of $1.5B for FY2025, with net profit of $145.6M, per official filings.

What is the share price of Yelp (YELP)?

Yelp last traded at $21.66 (-2.2% on the day), as of 9/4/2026 — a delayed quote shown for education, not investment advice.

Yelp

YELP · NYSE · Communication Services · United States

Snapshot

TickerYELP

ExchangeNYSE

SectorCommunication Services

IndustryInternet Content & Information

CountryUnited States

Employees5,168

HeadquartersSan Francisco, United States

Websitewww.yelp.com

Filings tracked17

About Yelp

Yelp Inc. operates a platform that connects consumers with local businesses in the United States and internationally. Its platform covers various categories, including restaurants, shopping, beauty and fitness, health, and other categories, as well as home, local, auto, professional, pets, events, real estate, and financial services. It provides free and paid advertising products to businesses, which include cost-per-click advertising and multi-location Ad products, RepairPal network, and business listing pages. The company also offers Yelp Connect that provides advertisers with a channel to market new offerings, such as new menu items and specials, and communicate business updates to customers; Yelp Guaranteed that provides limited coverage to consumers who hire a yelp guaranteed business through request-a-quote in the event; Nearby Jobs solutions; Yelp Guest Manager, a subscription-based suite of front-of-house management tools for restaurants, nightlife, and certain other venues, which include online reservations, a waitlist management solution, as well as through hostless kiosks, and seating and server rotation management tools; Yelp Fusion Insights program that offers business owners local analytics and insights; and Yelp Fusion, which offers free access to basic information through publicly available APIs and paid access to content and data for consumer-facing enterprise use. In addition, it provides content licensing and consumer-interactive tools. Further, the company offers its products directly through its sales force; indirectly through partners; and online through its website and business app, as well as non-advertising partner arrangements. It has partnership with DOORDASH to provide consumers with a service to place food orders for pickup and delivery. The company was formerly known as Yelp! Inc. and changed its name to Yelp Inc. in November 2005. Yelp Inc. was incorporated in 2004 and is based in San Francisco, California.

Who owns it

Insiders6.3%
Institutions93.7%
Public & other0.0%

436 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.17.80%
Vanguard Portfolio Management LLC7.68%
Dimensional Fund Advisors LP5.78%
LSV Asset Management5.12%
Vanguard Capital Management LLC4.35%
State Street Corporation4.17%
Acadian Asset Management. LLC4.00%
American Century Companies Inc3.42%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion2.55×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend7.4% → 9.9%

Margin has expanded by about 2.5 points — the business is getting more profitable.

Return on equity20.5%

Latest ROE of 20.5% — capital is generating a healthy return.

Growth qualityrev 5% · PAT 21%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $361.2M · EPS 0.48

Est. earnings growth -2.1%

Next fiscal year

Rev $1.5B · EPS 2.48

Est. earnings growth +4.3%

Analyst consensus estimates — not the company's own guidance.

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$1.5B

Net margin

9.9%

ROE

20.5%

Revenue CAGR (2y)

+4.7%

Profit CAGR (2y)

+21.2%

EPS (FY2025)

2.24

Net profit (FY2025)

$145.6M

Ask MarketChacha about YELP

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$1.5B	$145.6M	2.24	9.9%	20.5%
FY2024	$1.4B	$132.8M	1.88	9.4%	17.9%
FY2023	$1.3B	$99.2M	1.35	7.4%	13.2%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$375.5M	$31.7M	0.57	8.4%
2026Q1	$361.5M	$17.7M	0.30	4.9%
2025Q3	$376.0M	$39.3M	0.61	10.5%
2025Q2	$370.4M	$44.1M	0.67	11.9%
2025Q1	$358.5M	$24.4M	0.36	6.8%
2024Q3	$360.3M	$38.4M	0.56	10.7%
2024Q2	$357.0M	$38.0M	0.54	10.7%
2024Q1	$332.8M	$14.2M	0.20	4.3%
2023Q3	$345.1M	$58.2M	0.79	16.9%
2023Q2	$337.1M	$14.7M	0.21	4.4%
2023Q1	$312.4M	$-1.2M	-0.02	-0.4%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

10-Q filing
SEC8/7/2026
8-K — Results of operations, Exhibits
SEC8/6/2026material
8-K — Executive/director change, Shareholder vote results, Exhibits
SEC6/10/2026material
10-Q filing
SEC5/8/2026
8-K — Results of operations, Exhibits
SEC5/7/2026material
8-K — Executive/director change
SEC4/29/2026material
8-K/A — Exhibits
SEC2/27/2026
10-K filing
SEC2/27/2026
8-K — Results of operations, Exhibits
SEC2/12/2026material
8-K — Other events
SEC2/6/2026material

2025

8-K — Material agreement, Material financial obligation
SEC12/19/2025material
10-Q filing
SEC11/7/2025
8-K — Results of operations, Exhibits
SEC11/6/2025material
8-K/A — Executive/director change
SEC9/18/2025
8-K — Executive/director change
SEC8/25/2025material
10-Q filing
SEC8/8/2025
8-K — Results of operations, Exhibits
SEC8/7/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.