Yelp is an American company that operates an “online urban guide” and business review site. It uses automated software to recommend the most helpful and reliable reviews for the Yelp community and to help them connect with great local businesses. The company's Yelp website began as an email service for exchanging local business recommendations and later they introduced social networking features, discounts, and mobile applications. It has over 53 million local reviews written by Yelpers and an average of approximately 120 million monthly unique visitors. Headquartered in San Francisco, Yelp was founded by Jeremy Stoppelman and Russel Simmons in 2004. Since then, Yelp communities have taken root in major metros across the US, Canada, UK, Ireland, France, Germany, Austria, The Netherlands, Spain, Italy, Switzerland, Belgium, Australia, Sweden, Denmark, Norway, Finland, Singapore, Poland, and Turkey.
Company Growth (employees)
Type
Public
HQ
San Francisco, US
Founded
2004
Size (employees)
4,256 (est)+3%
Website
yelp.com
Yelp was founded in 2004 and is headquartered in San Francisco, US

Key People at Yelp

Jeremy Stoppelman

Jeremy Stoppelman

Co-founder and CEO
Lanny Baker

Lanny Baker

CFO
Jed Nachman

Jed Nachman

COO
Laurence Wilson

Laurence Wilson

SVP User Operations & General Counsel

Yelp Office Locations

Yelp has offices in San Francisco, Phoenix, New York, Chicago and in 57 other locations
San Francisco, US (HQ)
706 Mission Street

Yelp Metrics

Yelp Financial Metrics

Revenue (2016)

$713.1 m

Revenue growth (2015-16), %

30%

Gross profit

$652.7 m

Gross profit margin (2016), %

92%

Net income (2016)

($4.7 m)

Market capitalization (28-Apr-2017)

$2.8 b

Closing share price (28-Apr-2017)

$36

Cash (31-Dec-2016)

$272.2 m
Yelp's current market capitalization is $2.8 b.
Yelp's revenue was reported to be $713.1 m in FY, 2016 which is a 30% increase from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$233 m$377.5 m$549.7 m$713.1 m

Revenue growth, %

62%46%30%

Cost of goods sold

$16.6 m$24.4 m$51 m$60.4 m

Gross profit

$216.4 m$353.2 m$498.7 m$652.7 m

Gross profit Margin, %

93%94%91%92%

Sales and marketing expense

$132 m$201.1 m$301.8 m$382.9 m

R&D expense

$38.2 m$65.2 m$107.8 m$138.5 m

General and administrative expense

$42.9 m$58.3 m$80.9 m$97.5 m

Operating expense total

$241.8 m$366.5 m$571 m$718 m

Depreciation and amortization

$11.5 m$17.6 m$29.6 m$35.3 m

EBITDA

$29.4 m$70.9 m$69.1 m$120.1 m

EBITDA margin, %

13%19%13%17%

EBIT

($8.8 m)$11.1 m($21.3 m)($5 m)

EBIT margin, %

(4%)3%(4%)(1%)

Interest income

($407 k)$221 k$386 k$1.7 m

Pre tax profit

($9.2 m)$11.3 m($20.9 m)($3.3 m)

Income tax expense

($838 k)$25.2 m($12 m)($1.4 m)

Net Income

($10.1 m)$36.5 m($32.9 b)($4.7 m)
Y, 2010Y, 2011Y, 2012Y, 2013FY, 2014FY, 2015FY, 2016

Cash

$27.1 m$21.8 m$95.1 m$389.8 m$247.3 m$171.6 m$272.2 m

Accounts Receivable

$561.4 m$631 m

Inventories

$1.1 b$1.1 b

Current Assets

$416.8 m$420.8 m$443.3 m$561.2 m

PP&E

$30.7 m$62.8 m$80.5 m$92.4 m

Goodwill

$59.7 m$67.3 m$172.2 m$170.7 m

Total Assets

$516 m$629.7 m$755.4 m$885.2 m

Accounts Payable

$491.7 m$533.7 m$187 m

Current Liabilities

$25 m$34 m$49.8 m$60.4 m

Additional Paid-in Capital

$553.8 m$627.7 m$774 m$893 m

Retained Earnings

($70.5 m)($34 m)($66.9 m)($70.2 m)

Total Equity

$486.5 m$588.2 m$693.6 m$807.2 m

Financial Leverage

1.1 x1.1 x1.1 x1.1 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

($10.1 m)$36.5 m($32.9 b)($4.7 m)

Depreciation and Amortization

$11.5 m$17.6 m$29.6 b$35.3 m

Accounts Receivable

($7.4 m)($82.8 m)($55.6 m)

Inventories

($207.9 m)($67.5 m)

Accounts Payable

($259 k)$137.7 m$46.9 m

Cash From Operating Activities

$21.4 m$57.9 m$57.4 m$126.9 m

Purchases of PP&E

($16.2 m)($29.1 m)($31.1 b)

Cash From Investing Activities

($228.7 m)($158.7 b)($55.6 m)

Cash From Financing Activities

$291.7 m$29.5 m$26.4 b$29.5 m

Income Taxes Paid

$291 k$2 m$352 m$813 k

Yelp Operating Metrics

Yelp's Reviews was reported to be 121 m in FY, 2016
FY, 2014FY, 2015FY, 2016

Reviews

71.23 m95.21 m121 m

App Devices

14.54 m20.01 m24.07 m

Accounts

84 k111 k137.8 k

Unique Visitors

135.4 m140.47 m138.82 m

Yelp Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
NoWaitMarch 02, 2017$40 m

Yelp Market Value History

Yelp Revenue Breakdown

Yelp's employees are reported to be approximately 47% female and 53% male.

Yelp Median Salaries

Source: 291 public H-1B filings from Yelp

Yelp Online Presence

Yelp News

Yelp Company Life

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