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.

TypePublic
Founded2004
HQSan Francisco, US
Websiteyelp.com
Employee Ratings3.3
Culture scoreC

Latest Updates

Employees (est.) (Sept 2019)5,900(+10%)
Job Openings1
Revenue (FY, 2019)$1 B(+8%)
Share Price (May 2020)$20.8

Key People/Management at Yelp

Alan Ramsay

Alan Ramsay

Chief Accounting Officer
Andrea Rubin

Andrea Rubin

Senior Vice President, Community
Carolyn Patterson

Carolyn Patterson

Senior Vice President, People Operations
Chad Richard

Chad Richard

Senior Vice President, Business and Corporate Development
Dan Kimball

Dan Kimball

Senior Vice President, Marketing
Jason Brown

Jason Brown

Senior Vice President and General Manager, Restaurant Marketplaces
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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
Show all (8)

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.
Annual
USDFY, 2009FY, 2010FY, 2011FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

25.8m47.7m83.3m233.0m377.5m549.7m713.1m846.8m942.8m1.0b

Revenue growth, %

85%74%62%46%30%19%11%

Cost of goods sold

1.1m3.1m5.9m16.6m24.4m51.0m60.4m70.5m57.9m62.4m

Gross profit

24.7m44.6m77.4m216.4m353.2m498.7m652.7m776.3m884.9m951.8m
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

27.4m32.7m36.4m46.1m55.0m61.2m76.4m88.8m102.5m118.5m133.9m143.6m158.6m173.4m186.2m197.3m208.9m222.4m223.1m234.9m241.1m235.9m247.0m262.5m249.9m

Cost of goods sold

2.1m2.3m2.5m3.3m4.0m4.3m5.1m5.8m6.2m8.7m13.1m14.3m15.1m15.1m14.6m16.9m18.1m19.3m14.7m14.7m14.2m14.3m15.0m16.5m16.8m

Gross profit

25.3m30.4m33.9m42.8m51.0m56.9m71.3m82.9m96.3m109.8m120.9m129.3m143.5m158.3m171.6m180.4m190.8m203.1m208.3m220.2m226.9m221.7m232.0m246.0m233.1m

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%
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

27.1m21.7m95.1m389.8m247.3m171.6m272.2m547.9m332.8m170.3m

Accounts Receivable

6.6m8.3m11.7m21.3m35.6m52.8m68.7m76.2m87.3m106.8m

Prepaid Expenses

1.5m1.7m4.9m5.8m19.4m19.7m12.9m15.7m17.1m14.2m

Current Assets

35.4m31.7m111.8m416.8m420.8m443.3m561.2m913.1m860.3m533.3m
Annual
USDFY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(2.3m)(9.6m)(16.7m)(19.1m)(10.1m)36.5m(32.9m)(4.7m)152.9m55.4m40.9m

Depreciation and Amortization

1.2m2.3m4.2m7.2m11.5m17.6m29.6m35.3m41.2m42.8m49.4m

Accounts Payable

615.0k2.9m4.0m2.0m(259.0k)137.7k46.9m52.9m(20.2m)20.1m

Cash From Operating Activities

(633.0k)(7.8m)250.0k(99.0k)21.4m57.9m57.4m126.9m167.6m160.2m204.8m
USDY, 2020

EV/EBIT

-50.3 x

EV/CFO

33.6 x

Financial Leverage

1.4 x
Show all financial metrics

Yelp Acquisitions / Subsidiaries

Company NameDateDeal Size
Turnstyle SolutionsApril 04, 2017$20 m
NoWaitMarch 02, 2017$40 m
Eat24February 10, 2015$134 m
CityvoxOctober 28, 2014
Restaurant-KritikOctober 24, 2014
Yelp ReservationsJuly 18, 2013
QypeOctober 25, 2012$50 m
Darwin Social Marketing Inc.
Darwin Sweden AB
Eat24, LLC
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Yelp Revenue Breakdown

Embed Graph

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

Human Capital Metrics

Embed Graph
Show all human capital metrics

Yelp Online and Social Media Presence

Embed Graph

Yelp Company Culture

  • Overall Culture

    C

    67/100

  • CEO Rating

    A

    78/100

  • Compensation

    C

    63/100

  • Diversity

    C-

    60/100

Learn more on Comparably

Yelp News and Updates

Behind the complete collapse of business at Yelp

Restaurants, gyms, and beauty salons are all closed.

Coronavirus Layoffs: Yelp Latest To Cut Jobs Amid Pandemic

The national crisis, spurred by the spread of coronavirus, has impacted nearly every industry.

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…

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.

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…

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…
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Yelp Blogs

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…

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…

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…

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…

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…

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…
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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.