OverviewSuggest Edit
Yelp is a company that provides an online platform helping people to find recommended destinations based on the informed opinions and reviews of a community. The company uses automated software to recommend helpful and reliable reviews for the Yelp community and to help them connect with local businesses. The platform covers various local business categories, including restaurants, shopping, beauty and fitness, arts, entertainment and events, home and local services, health, nightlife, travel and hotel, auto and other categories.
| Type | Public | |
| Founded | 2004 | |
| HQ | San Francisco, US | Map |
| Website | yelp.com | |
| Employee Ratings | More | |
| Culture score | C | More |
Key People/Management at Yelp
Alan Ramsay
Chief Accounting Officer
Andrea Rubin
Senior Vice President, Community
Carolyn Patterson
Senior Vice President, People Operations
Chad Richard
Senior Vice President, Business and Corporate Development
Dan Kimball
Senior Vice President, Marketing
Jason Brown
Senior Vice President and General Manager, Restaurant Marketplaces
Yelp Office Locations
Yelp has offices in San Francisco, Chicago, New York, Phoenix and in 4 other locations
San Francisco, US (HQ)
140 New Montgomery St, San Francisco
Chicago, US
Chicago, IL, USA
New York, US
New York, NY, USA
Phoenix, US
Phoenix, AZ, USA
Washington, US
Washington, DC, USA
Dublin 2, IE
70 Sir John Rogerson's Quay, Grand Canal Dock
Yelp Financials and Metrics
Yelp Revenue
Yelp's revenue was reported to be $1.01 b in FY, 2019
| USD | |
|---|---|
Revenue (Q1, 2020) | 249.9m |
Gross profit (Q1, 2020) | 233.1m |
Gross profit margin (Q1, 2020), % | 93.3% |
Net income (Q1, 2020) | (15.5m) |
EBIT (Q1, 2020) | (27.2m) |
Market capitalization (22-May-2020) | 1.5b |
Closing stock price (22-May-2020) | 20.8 |
Cash (31-Mar-2020) | 364.6m |
EV | 1.4b |
Yelp's current market capitalization is $1.5 b.
- Source: SEC Filings, SEC Filings
Annual
| USD | FY, 2009 | FY, 2010 | FY, 2011 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 25.8m | 47.7m | 83.3m | 233.0m | 377.5m | 549.7m | 713.1m | 846.8m | 942.8m | 1.0b |
Revenue growth, % | 85% | 74% | 62% | 46% | 30% | 19% | 11% | |||
Cost of goods sold | 1.1m | 3.1m | 5.9m | 16.6m | 24.4m | 51.0m | 60.4m | 70.5m | 57.9m | 62.4m |
Gross profit | 24.7m | 44.6m | 77.4m | 216.4m | 353.2m | 498.7m | 652.7m | 776.3m | 884.9m | 951.8m |
Quarterly
| USD | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 27.4m | 32.7m | 36.4m | 46.1m | 55.0m | 61.2m | 76.4m | 88.8m | 102.5m | 118.5m | 133.9m | 143.6m | 158.6m | 173.4m | 186.2m | 197.3m | 208.9m | 222.4m | 223.1m | 234.9m | 241.1m | 235.9m | 247.0m | 262.5m | 249.9m |
Cost of goods sold | 2.1m | 2.3m | 2.5m | 3.3m | 4.0m | 4.3m | 5.1m | 5.8m | 6.2m | 8.7m | 13.1m | 14.3m | 15.1m | 15.1m | 14.6m | 16.9m | 18.1m | 19.3m | 14.7m | 14.7m | 14.2m | 14.3m | 15.0m | 16.5m | 16.8m |
Gross profit | 25.3m | 30.4m | 33.9m | 42.8m | 51.0m | 56.9m | 71.3m | 82.9m | 96.3m | 109.8m | 120.9m | 129.3m | 143.5m | 158.3m | 171.6m | 180.4m | 190.8m | 203.1m | 208.3m | 220.2m | 226.9m | 221.7m | 232.0m | 246.0m | 233.1m |
Gross profit Margin, % | 92% | 93% | 93% | 93% | 93% | 93% | 93% | 93% | 94% | 93% | 90% | 90% | 90% | 91% | 92% | 91% | 91% | 91% | 93% | 94% | 94% | 94% | 94% | 94% | 93% |
- Source: SEC Filings, SEC Filings
Annual
| USD | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash | 27.1m | 21.7m | 95.1m | 389.8m | 247.3m | 171.6m | 272.2m | 547.9m | 332.8m | 170.3m |
Accounts Receivable | 6.6m | 8.3m | 11.7m | 21.3m | 35.6m | 52.8m | 68.7m | 76.2m | 87.3m | 106.8m |
Prepaid Expenses | 1.5m | 1.7m | 4.9m | 5.8m | 19.4m | 19.7m | 12.9m | 15.7m | 17.1m | 14.2m |
Current Assets | 35.4m | 31.7m | 111.8m | 416.8m | 420.8m | 443.3m | 561.2m | 913.1m | 860.3m | 533.3m |
Quarterly
| USD | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 130.7m | 122.6m | 123.1m | 94.5m | 96.8m | 101.2m | 399.3m | 290.4m | 290.6m | 172.6m | 181.5m | 171.8m | 183.5m | 196.3m | 224.9m | 272.3m | 319.8m | 362.4m | 392.3m | 389.4m | 423.5m | 295.3m | 139.5m | 123.4m | 364.6m |
Accounts Receivable | 7.2m | 10.1m | 10.7m | 12.3m | 14.8m | 17.2m | 21.4m | 25.5m | 31.2m | 39.0m | 41.3m | 46.9m | 54.8m | 59.9m | 66.6m | 68.1m | 68.8m | 68.5m | 75.5m | 78.5m | 81.8m | 89.3m | 95.7m | 101.4m | 85.9m |
Prepaid Expenses | 2.5m | 2.6m | 2.9m | 6.9m | 6.4m | 6.8m | 9.1m | 8.0m | 9.5m | 22.7m | 22.7m | 32.0m | 17.1m | 15.8m | 15.6m | 14.5m | 14.3m | 15.7m | 20.0m | 20.6m | 17.6m | 59.3m | 23.3m | 16.0m | 21.8m |
Current Assets | 140.4m | 135.4m | 136.7m | 113.7m | 118.0m | 125.2m | 429.8m | 384.2m | 404.8m | 392.9m | 432.2m | 447.8m | 447.3m | 473.7m | 514.5m | 568.1m | 594.9m | 786.2m | 910.1m | 902.4m | 936.9m | 775.0m | 531.3m | 499.3m | 594.9m |
- Source: SEC Filings, SEC Filings
Annual
| USD | FY, 2009 | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (2.3m) | (9.6m) | (16.7m) | (19.1m) | (10.1m) | 36.5m | (32.9m) | (4.7m) | 152.9m | 55.4m | 40.9m |
Depreciation and Amortization | 1.2m | 2.3m | 4.2m | 7.2m | 11.5m | 17.6m | 29.6m | 35.3m | 41.2m | 42.8m | 49.4m |
Accounts Payable | 615.0k | 2.9m | 4.0m | 2.0m | (259.0k) | 137.7k | 46.9m | 52.9m | (20.2m) | 20.1m | |
Cash From Operating Activities | (633.0k) | (7.8m) | 250.0k | (99.0k) | 21.4m | 57.9m | 57.4m | 126.9m | 167.6m | 160.2m | 204.8m |
Quarterly
| USD | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (9.8m) | (11.8m) | (13.8m) | (4.8m) | (5.7m) | (8.0m) | (2.6m) | 108.0k | 3.7m | (1.3m) | (2.6m) | (10.7m) | (15.5m) | (15.0m) | (12.9m) | (4.8m) | 2.8m | 10.7m | (2.3m) | 8.4m | 23.4m | 1.4m | 13.7m | 23.7m | (15.5m) |
Depreciation and Amortization | 1.4m | 3.0m | 4.8m | 2.5m | 5.1m | 7.9m | 3.7m | 7.7m | 12.3m | 6.9m | 14.1m | 21.6m | 8.2m | 16.8m | 25.9m | 10.2m | 20.8m | 31.5m | 10.0m | 20.5m | 31.3m | 11.9m | 24.1m | 36.5m | 12.4m |
Accounts Payable | (1.2m) | 577.0k | 672.0k | (1.2m) | 215.0k | 3.2m | 5.3m | 3.6m | 10.9m | 12.0m | 15.6m | 23.9m | 8.8m | 6.0m | 13.2m | 10.5m | 1.5m | 15.6m | 7.7m | (15.3m) | (13.6m) | 6.4m | 14.5m | 17.3m | (636.0k) |
Cash From Operating Activities | (2.8m) | (2.4m) | (1.7m) | (174.0k) | 5.1m | 12.1m | 9.3m | 20.0m | 39.0m | 25.6m | 43.7m | 53.5m | 23.9m | 46.5m | 81.8m | 41.2m | 76.3m | 128.0m | 38.3m | 60.9m | 116.1m | 41.0m | 97.8m | 149.3m | 40.8m |
- Source: SEC Filings, SEC Filings
| USD | Y, 2020 |
|---|---|
EV/EBIT | -50.3 x |
EV/CFO | 33.6 x |
Financial Leverage | 1.4 x |
Yelp Operating Metrics
Yelp's Unique Visitors was reported to be 157.1 m in Q3, 2017.
| FY, 2009 | FY, 2010 | FY, 2011 | Q1, 2014 | Q2, 2014 | Q3, 2014 | FY, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | FY, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | FY, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Accounts | 7 k | 11 k | 24 k | 74 k | 80 k | 86 k | 84 k | 90 k | 97 k | 104 k | 111 k | 119 k | 128 k | 135 k | 137.80 k | 139 k | 148 k | 155 k |
Reviews | 8.83 m | 15.12 m | 24.82 m | 56.91 m | 61.34 m | 66.59 m | 71.23 m | 72 m | 83.10 m | 89.64 m | 95.21 m | 101.56 m | 100.90 m | 107.40 m | 121 m | 118.50 m | 125.10 m | 132 m |
Unique Visitors | 26.08 m | 39.36 m | 65.80 m | 193.65 m | 205.65 m | 86.86 m | 135.40 m | 158.51 m | 161.99 m | 168.14 m | 140.47 m | 145.98 m | 142.73 m | 149.20 m | 138.82 m | 157.67 m | 157.10 m | 157.10 m |
App Devices | 5.70 m | 14.54 m | 20.01 m | 21.19 m | 23.01 m | 24.90 m | 24.07 m | 25.83 m | 27.99 m | 30.16 m |
Yelp Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Turnstyle Solutions | April 04, 2017 | $20 m |
| NoWait | March 02, 2017 | $40 m |
| Eat24 | February 10, 2015 | $134 m |
| Cityvox | October 28, 2014 | |
| Restaurant-Kritik | October 24, 2014 | |
| Yelp Reservations | July 18, 2013 | |
| Qype | October 25, 2012 | $50 m |
| Darwin Social Marketing Inc. | ||
| Darwin Sweden AB | ||
| Eat24, LLC |
Yelp Revenue Breakdown
Yelp revenue breakdown by business segment: 90.5% from Local, 8.8% from Transactions and 0.7% from Other
Yelp Online and Social Media Presence
110.01k Twitter followers
Yelp has 110.01k Twitter Followers. The number of followers has decreased 0.3% month over month and decreased 0.6% quarter over quarter
Yelp's Trends
Twitter Engagement Stats for @Yelp
15.9k
Tweets
272
Following
110k
Followers
80
Tweets last 30 days
1.7
Avg. likes per Tweet
50%
Tweets with engagement
Yelp Company Culture
Overall Culture
C
67/100
CEO Rating
A
78/100
Compensation
C
63/100
Diversity
C-
60/100
Yelp News and Updates
April 10, 2020
Behind the complete collapse of business at Yelp
Restaurants, gyms, and beauty salons are all closed.
April 09, 2020
Coronavirus Layoffs: Yelp Latest To Cut Jobs Amid Pandemic
The national crisis, spurred by the spread of coronavirus, has impacted nearly every industry.
April 09, 2020
Yelp lays off 1,000 employees and furloughs 1,100 more
Yelp co-founder and CEO Jeremy Stoppelman announced in an internal email that the company is going through difficult times. Yelp has to cut expenses, which means a large round of layoffs and some additional measures. 1,000 employees have been laid off. According to an SEC filing, Yelp had 5,950 empl…
April 09, 2020
Yelp lays off or furloughs more than 2,000 employees due to coronavirus
Yelp said it has seen a dramatic decrease in business across the nation due to social distancing mandates. The company has already cut executive pay by 20% to 30%, reduced server costs and deprioritized projects.
April 09, 2020
Yelp expects $8 million to $10 million in charges related to employee terminations, furloughs
Yelp Inc. issued a filing detailing the ways the company is responding to the COVID-19 outbreak Thursday, disclosing that it expects to incur $8 million to $10 million in costs related to the termination and furloughing of employees during the pandemic. The company expects $4 million to $5 million i…
April 09, 2020
Yelp cutting 1,000 jobs, furloughing others
Yelp told employees Thursday that it is cutting 1,000 jobs and furloughing another 1,100 workers amid a massive drop in its business.Why it matters: Yelp is the latest company catering to small businesses that has seen much of its customer base decimated amid the COVID-19 outbreak and related shutdo…
Yelp Blogs
May 19, 2020
Ten Quarantine Reads From A Yelp Book Nerd
Oh, hi there. Are you sitting around, not doing much of anything? Tired of non-stop social media (but definitely not Yelp)? You should read. Like, actual books. We know times are hard, so we wanted to make it really easy for you to get started. Here’s a list of some of the best food and... Read more…
May 18, 2020
7 ways to communicate with your customers using Yelp Connect
Clear, concise, and regular communication is the key to connecting with your customers and generating business—now more than ever. Yelp Connect is an easy way to get your customers’ attention and share timely updates about your operations and what you’re offering right now as things change daily. Ba…
May 15, 2020
Managing marketing strategies and budgets in a downturn
As you’re looking to cut costs and find ways to stay afloat during these difficult times, your first thought may be to eliminate your marketing and advertising budget. That’s a short-term solution that can decrease expenses right away and help your bottom line, but there are many reasons marketing s…
May 14, 2020
Yelp Canada’s Guide To Entertaining Your Kids At Home
As the Great White North goes into its second month of shutdown, keeping wee-ones entertained is paramount for all parents. From aquarium tours to virtual ballet classes, here are some of our top suggestions to keep your children learning, having fun and most importantly, occupied. National Ballet o…
May 13, 2020
Boba Guys and their 7-step process for reopening
When shelter-in-place mandates rolled out, restaurants were forced to either offer takeout or temporarily close. Many had no choice but to shut their doors simply because they had no way to profitably pivot their business model so quickly while still following sanitation and social distancing protoc…
May 13, 2020
Tampa Bakes Empanadas
Photo Credit: Brigitte P via Yelp Tampa Bay Elites are used to gathering around tables in restaurants, but this past Thursday, May 7th, Tampa Bay Elites gathered around computers in kitchens for a lesson in love and award winning empanadas. The lesson came from Tampa’s very own chef team, Ricardo a…
Yelp Frequently Asked Questions
When was Yelp founded?
Yelp was founded in 2004.
Who are Yelp key executives?
Yelp's key executives are Alan Ramsay, Andrea Rubin and Carolyn Patterson.
How many employees does Yelp have?
Yelp has 5,900 employees.
What is Yelp revenue?
Latest Yelp annual revenue is $1 b.
What is Yelp revenue per employee?
Latest Yelp revenue per employee is $171.9 k.
Who are Yelp competitors?
Competitors of Yelp include Google, TripAdvisor and Yahoo!.
Where is Yelp headquarters?
Yelp headquarters is located at 140 New Montgomery St, San Francisco, San Francisco.
Where are Yelp offices?
Yelp has offices in San Francisco, Chicago, New York, Phoenix and in 4 other locations.
How many offices does Yelp have?
Yelp has 8 offices.
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