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 56 other locations
San Francisco, US (HQ)
706 Mission Street

Yelp Data and Metrics

Yelp Financial Metrics

Yelp's revenue was reported to be $713.1 m in FY, 2016 which is a 30% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

713.1 m

Revenue growth (FY, 2015 - FY, 2016), %

30%

Gross profit (FY, 2016)

652.7 m

Gross profit margin (FY, 2016), %

92%

Net income (FY, 2016)

(4.7 m)

EBITDA (FY, 2016)

120.1 m

EBIT (FY, 2016)

(5 m)

Market capitalization (22-Jun-2017)

2.4 b

Closing share price (22-Jun-2017)

29.4

Cash (31-Dec-2016)

272.2 m
Yelp's current market capitalization is $2.4 b.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

233 m377.5 m549.7 m713.1 m

Revenue growth, %

62%46%30%

Cost of goods sold

16.6 m24.4 m51 m60.4 m

Gross profit

216.4 m353.2 m498.7 m652.7 m

Gross profit Margin, %

93%94%91%92%

Sales and marketing expense

132 m201.1 m301.8 m382.9 m

R&D expense

38.2 m65.2 m107.8 m138.5 m

General and administrative expense

42.9 m58.3 m80.9 m97.5 m

Operating expense total

241.8 m366.5 m571 m718 m

Depreciation and amortization

11.5 m17.6 m29.6 m35.3 m

EBITDA

29.4 m70.9 m69.1 m120.1 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 k386 k1.7 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, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

27.1 m21.8 m95.1 m389.8 m247.3 m171.6 m272.2 m

Accounts Receivable

21.3 m35.6 m52.8 m68.7 m

Inventories

5.8 m19.4 m19.7 m12.9 m

Current Assets

416.8 m420.8 m443.3 m561.2 m

PP&E

30.7 m62.8 m80.5 m92.4 m

Goodwill

59.7 m67.3 m172.2 m170.7 m

Total Assets

516 m629.7 m755.4 m885.2 m

Accounts Payable

3.4 m1.4 m3.4 m2 m

Current Liabilities

25 m34 m49.8 m60.4 m

Additional Paid-in Capital

553.8 m627.7 m774 m893 m

Retained Earnings

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

Total Equity

486.5 m588.2 m693.6 m807.2 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 m17.6 m29.6 b35.3 m

Accounts Receivable

(12.8 m)(21.3 m)(25.3 b)(31.6 m)

Inventories

(207.9 m)(67.5 m)

Accounts Payable

(259 k)137.7 m46.9 m

Cash From Operating Activities

21.4 m57.9 m57.4 m126.9 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 m29.5 m26.4 b29.5 m

Income Taxes Paid

291 k2 m352 m813 k
Numbers are in $, USDY, 2016

Revenue/Employee

171.7 k

Financial Leverage

1.1 x

Yelp Operating Metrics

Yelp's Accounts was reported to be 139 k in Q1, 2017. Yelp's Unique Visitors was reported to be 157.7 m in Q1, 2017
Q1, 2014Q2, 2014Q3, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017

Unique Visitors

193.65 m205.65 m86.86 m135.4 m158.51 m161.99 k168.14 m140.47 m145.98 m142.73 m149.2 m138.82 m157.67 m

Accounts

74 k80 k86 k84 k90 k97 k104 k111 k119 k128 k135 k137.8 k139 k

Reviews

56.91 m61.34 m66.59 m71.23 m72 m83.1 m89.64 m95.21 m101.56 m100.9 m107.4 m121 m11.85 m

App Devices

14.54 m20.01 m21.19 m23.01 m24.9 m24.07 m25.83 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 and Social Media Presence

Yelp News and Updates

Yelp Company Life and Culture

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