Yelp provides an online platform and business review site. It 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 others categories.

Type
Public
HQ
San Francisco, US
Founded
2004
Size (employees)
5,281 (est)
Website
yelp.com
Yelp was founded in 2004 and is headquartered in San Francisco, US
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Key People/Management at Yelp

Alan Ramsay

Alan Ramsay

Chief Accounting Officer
Andrea Rubin

Andrea Rubin

Senior Vice President, Marketing
Carolyn Patterson

Carolyn Patterson

Senior Vice President, Revenue Operations
Chad Richard

Chad Richard

Senior Vice President, Business and Corporate Development
Jason Brown

Jason Brown

Senior Vice President and General Manager, Restaurant Marketplaces
Jason Fennell

Jason Fennell

Senior Vice President, Engineering
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Yelp Office Locations

Yelp has offices in Eugene, Miami, Fort Worth, Albuquerque and in 56 other locations
San Francisco, US (HQ)
140 New Montgomery St
San Francisco, US
706 Mission Street
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Yelp Financials and Metrics

Yelp Financials

Yelp's revenue was reported to be $846.81 m in FY, 2017
USD

Revenue (Q1, 2018)

223.1 m

Gross profit (Q1, 2018)

208.3 m

Gross profit margin (Q1, 2018), %

93.4%

EBIT (Q1, 2018)

(4.8 m)

Market capitalization (22-Jun-2018)

3.4 b

Closing share price (22-Jun-2018)

40.7

Cash (31-Mar-2018)

392.3 m
Yelp's current market capitalization is $3.4 b.
Annual
USDFY, 2009FY, 2010FY, 2011FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

25.8 m47.7 m83.3 m233 m377.5 m549.7 m713.1 m846.8 m

Revenue growth, %

85%74%62%46%30%

Cost of goods sold

1.1 m3.1 m5.9 m16.6 m24.4 m51 m60.4 m70.5 m

Gross profit

24.7 m44.6 m77.4 m216.4 m353.2 m498.7 m652.7 m776.3 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Revenue

61.2 m76.4 m88.8 m102.5 m118.5 m133.9 m143.6 m158.6 m173.4 m186.2 m197.3 m208.9 m223.1 m

Cost of goods sold

4.3 m5.1 m5.8 m6.2 m8.7 m13.1 m14.3 m15.1 m15.1 m14.6 m16.9 m18.1 m14.7 m

Gross profit

56.9 m71.3 m82.9 m96.3 m109.8 m120.9 m129.3 m143.5 m158.3 m171.6 m180.4 m190.8 m208.3 m

Gross profit Margin, %

93%93%93%94%93%90%90%90%91%92%91%91%93%
Annual
USDFY, 2010FY, 2011FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

27.1 m21.7 m389.8 m247.3 m171.6 m272.2 m547.9 m

Accounts Receivable

6.6 m8.3 m21.3 m35.6 m52.8 m68.7 m76.2 m

Prepaid Expenses

1.5 m1.7 m5.8 m19.4 m19.7 m12.9 m

Current Assets

35.4 m31.7 m416.8 m420.8 m443.3 m561.2 m913.1 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Cash

101.2 m399.3 m290.4 m290.6 m172.6 m181.5 m171.8 m183.5 m196.3 m224.9 m272.3 m319.8 m392.3 m

Accounts Receivable

17.2 m21.4 m25.5 m31.2 m39 m41.3 m46.9 m54.8 m59.9 m66.6 m68.1 m68.8 m75.5 m

Current Assets

125.2 m429.8 m384.2 m404.8 m392.9 m432.2 m447.8 m447.3 m473.7 m514.5 m568.1 m594.9 m910.1 m

PP&E

25.9 m33.3 m37.5 m43.3 m68.6 m72.6 m78.3 m84.8 m89.5 m93.8 m91.7 m91.7 m107.9 m
Annual
USDFY, 2009FY, 2010FY, 2011FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(2.3 m)(9.6 m)(16.7 m)(10.1 m)36.5 m(32.9 m)(4.7 m)152.9 m

Depreciation and Amortization

1.2 m2.3 m4.2 m11.5 m17.6 m29.6 m35.3 m41.2 m

Accounts Payable

615 k2.9 m4 m(259 k)137.7 k46.9 m

Cash From Operating Activities

(633 k)(7.8 m)250 k21.4 m57.9 m57.4 m126.9 m167.6 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018

Net Income

(2.3 m)

Depreciation and Amortization

2.8 m3.7 m4 m4.6 m6.9 m7.2 m7.6 m8.2 m8.6 m9.2 m10.2 m10 m

Accounts Payable

1.7 m2.2 m1.8 m1.7 m3.3 m3.2 m1.3 m1 m

Cash From Operating Activities

38.3 m
USDY, 2018

Financial Leverage

1.1 x
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Yelp Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Turnstyle Solutions April 04, 2017$20 m
NoWait (39)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
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Yelp Revenue Breakdown

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Yelp revenue breakdown by business segment: 90.5% from Local, 8.8% from Transactions and 0.7% from Other

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Yelp Online and Social Media Presence

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Yelp News and Updates

Restaurant bombarded with Yelp reviews after refusing to serve Sarah Huckabee Sanders

The Red Hen restaurant in Lexington, Virginia, is being bombarded with online reviews after refusing to serve Sarah Huckabee Sanders, Donald Trump's press secretary, and her family. On Friday night, Jaike Foley-Schultz, who claims to be a waiter at The Red Hen, explained on Facebook that he waited…

Sanders says she was told to leave Virginia restaurant

White House press secretary Sarah Huckabee Sanders says she was booted from a Virginia restaurant because she works for President Donald Trump

Cabinet Member Linda McMahon to Visit Los Angeles; Highlight SBA Programs & Local Entrepreneurs

LOS ANGELES, June 20, 2018 /PRNewswire-USNewswire/ -- Linda McMahon, head of the U.S. Small Business Administration and advocate for the nation's 30 million small businesses as a member of President Trump's Cabinet, will visit Los Angeles on Friday, June 22, 2018 to tour a minority and...

Yelp uses machine learning to create Popular Dishes list

Yelp’s latest update will compile a list of Popular Dishes for each restaurant, using AI to figure out what everyone prefers to eat based on the restaurant’s reviews. The details: Yelp is using machine learning to skim the reviews for each restaurant in its considerable catalog. Once it does, it det…

Yelp’s Popular Dishes AI highlights the food everyone’s talking about

Yelp's new Popular Dishes feature uses artificial intelligence to highlight the most sought-after menu items in restaurants around the world.
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