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
Type
Public
HQ
San Francisco, US
Founded
2004
Size (employees)
4,154 (est)+9%
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, Miami, Fort Worth, Montreal and in 58 other locations
San Francisco, US
Fort Worth, US
Warsaw, PL
Edmonton, CA
Greenville, US
Albuquerque, US
Birmingham, US
Orlando, US
Sydney, AU
Houston, US
Copenhagen, DK
Charlotte, US
Worcester, US
Atlanta, US
Montreal, CA
Boston, US
Salem, US
Nashville, US
Miami, US
Kansas City, US

Yelp Metrics

Yelp Summary

Market capitalization

$2.64 B

Closing share price

$34.1
Yelp's current market capitalization is $2.64 B.

Yelp Financials

Yelp's revenue is $550 M in FY, 2015 which is 45.6% increase from the previous period.
FY, 2015FY, 2014FY, 2013

Revenue

$550 M$378 M$233 M

Revenue growth, %

46.0%62.0%

Cost of goods sold

$51 M$24.4 M$16.6 M

Gross profit

$499 M$353 M$216 M

Gross profit Margin, %

90.7%93.5%92.9%

Sales and marketing expense

$302 M$201 M$132 M

R&D expense

$108 M$65.2 M$38.2 M

General and administrative expense

$80.9 M$58.3 M$42.9 M

Operating expense total

$490 M$325 M$214 M

Depreciation and amortization

$29.6 M$17.6 M$11.5 M

EBITDA

$69.1 M$70.9 M$29.4 M

EBITDA margin, %

12.6%18.8%12.6%

EBIT

$-21.3 M$11.1 M$-8.82 M

EBIT margin, %

-3.9%2.9%-3.8%

Interest income

$386 K$221 K$-407 K

Income tax expense

$12 M$-25.2 M$838 K

Pre tax profit

$-20.9 M$11.3 M$-9.23 M

Net Income

$-32.9 M$36.5 M$-10.1 M

Operating cash flow

$57.4 M$57.9 M$21.4 M

Yelp Operating Metrics

Y, 2016FY, 2015FY, 2014FY, 2013

Monthly unique visitors

145 M

Reviews

95.2 M71.2 M52.8 M

Yelp Market Value History

Yelp Revenue Breakdown

Yelp Online Presence

Yelp News

Yelp Company Life

You may also be interested in