Yelp (YELP)
NYSE:YELP
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Earnings Data
Report Date
Jul 30, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.36Last Year’s EPS
0.67Same Quarter Last Year
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call balanced meaningful strategic and product progress—strong growth in 'other' revenue (75%), rapid Hatch and food-ordering acceleration, AI product rollouts, and margin/repurchase actions—against clear near-term weakness in core advertising metrics (RR&O -11%, ad clicks -10%), a 27% decline in net income, and continued macro/geopolitical uncertainty. Management beat quarterly guidance and emphasized investments that should unlock higher-margin AI-driven revenue streams and productivity gains over time, but they maintained a cautious outlook for the near term.Company Guidance
Revenue Slightly Up and Beats Outlook
Net revenue increased 1% year-over-year to $361 million, which was $6 million above the high end of Yelp's Q1 outlook.
Strong Growth in 'Other' Revenue
Other revenue grew 75% year-over-year to a record $29 million, driven by Hatch, data licensing, and food ordering.
Food Ordering Momentum
Food ordering revenue (DoorDash partnership) increased 88% year-over-year, expanding Yelp's transaction revenue stream.
Hatch Acceleration
Hatch's annual run rate exceeded $34 million in March, up 92% year-over-year, and Yelp has added go-to-market and engineering resources to accelerate growth.
Yelp Host Growth and Market Opportunity
Yelp Host surpassed an annual run rate of 1.5 million calls handled in April (more than double January), and management estimates a U.S. market opportunity of over $1 billion for Host.
AI Product Momentum and Feature Rollout
Yelp rolled out more than 35 new features and updates in the quarter, launched a Yelp Assistant across all categories, and reported Assistant-driven interactions accounted for ~15% of Request‑A‑Quote projects (up from ~5% last year).
Data Licensing and Strategic Partnerships
Expanded data licensing agreements and integrations with major platforms (OpenAI, Amazon Alexa, Apple Maps, Microsoft Bing, Meta.ai, Yahoo), positioning Yelp content to power AI-driven local discovery.
Profitability and Capital Allocation Actions
Adjusted EBITDA was $79 million (22% margin) and beat the high end of guidance by $15 million. Yelp repurchased $125 million of shares in Q1 (average $24.58), reducing diluted shares outstanding by 12% year-over-year.
Operating Efficiency Initiatives
Stock-based compensation expense declined 2 percentage points of revenue to 8% in Q1, with a target to reduce to under 6% of revenue by end of 2027; management expects AI-driven productivity gains to drive margin expansion over time.
YELP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
YELP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $28.50 | $27.08 | -4.98% |
Feb 12, 2026 | $22.83 | $20.98 | -8.10% |
Nov 06, 2025 | $32.13 | $28.91 | -10.02% |
Aug 07, 2025 | $34.18 | $31.03 | -9.22% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Yelp (YELP) report earnings?
Yelp (YELP) is schdueled to report earning on Jul 30, 2026, After Close (Confirmed).
What is Yelp (YELP) earnings time?
Yelp (YELP) earnings time is at Jul 30, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is YELP EPS forecast?
YELP EPS forecast for the fiscal quarter 2026 (Q2) is 0.36.
