Yelp, Inc. (YELP)
NYSECommunication ServicesInternet Content & InformationSnapshot 2026-09-04
$21.66-2.21%
Close 2026-09-04 · 1-day change
NYSECommunication ServicesInternet Content & InformationSnapshot 2026-09-04
QuarterlyIQ Insights · YELP
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Continue investing in AI initiatives including Yelp Assistant, Yelp Host, Hatch, and data licensing to transform Yelp and drive sustainable growth.
Stated as a priority in 3 of last 3 quarters. Management highlights AI transformation progress with new products like Yelp Assistant, Hatch, and Yelp Host. Financials show modest revenue growth from $359.9M in 2025-Q4 to $375.5M in 2026-Q2 (+4.4%), supporting ongoing AI-driven growth initiatives. The trajectory is delivering with continued investment and product rollout.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Communication Services names rated strong grew net income 52% of the time over the next year (vs 53% for the rest of the cohort, n=1891).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“Yelp’s AI transformation continued to gain momentum... Yelp Assistant drove early positive signs... Hatch accelerated their product roadmap.”
“We continued to accelerate Yelp's AI transformation... new AI tools for businesses... product momentum, strong traction from Hatch and Yelp Host.”
“Looking ahead, we are making Yelp more conversational and action-oriented... underscored by our recent acquisition of Hatch... focused on driving growth by investing in our AI transformation.”
Focus on growing net revenue through services advertising, other revenue streams, and expanding paying advertising locations.
Stated as a priority in 3 of last 3 quarters. Net revenue increased from $359.9M in 2025-Q4 to $375.5M in 2026-Q2 (+4.3%). Other revenue nearly doubled year over year to $33M in 2026-Q2. Management’s revenue growth focus aligns with financial results showing steady growth, indicating delivery on this priority.
“Net revenue of $376 million, $8 million above the high end of our outlook range; Other revenue increased 98% year over year to $33 million.”
“First quarter net revenue of $361 million and other revenue grew 75% year over year to a record $29 million.”
“2025 net revenue increased 4% year over year to a record $1.46 billion; Services advertising revenue increased 8% year over year to $948 million.”
Manage investments prudently while targeting adjusted EBITDA in the range of $310M to $330M for 2026.
Stated as a priority in 3 of last 3 quarters. Adjusted EBITDA declined from $100.5M in 2025-Q2 to $91.4M in 2026-Q2 (-9%), with margins decreasing from 27% to 24%. Full-year 2026 guidance narrowed to $315M-$325M, reflecting disciplined investment. The trajectory shows mixed delivery with some pressure on EBITDA despite ongoing investments.
“Adjusted EBITDA decreased 9% year over year to $91 million, reflecting a 24% margin; narrowed 2026 adjusted EBITDA guidance to $315 million to $325 million.”
“Adjusted EBITDA decreased 7% year over year to $79 million, reflecting a 22% margin; reaffirmed full-year 2026 adjusted EBITDA guidance of $310 million to $330 million.”
“2025 adjusted EBITDA increased 3% year over year to $369 million, representing a 25% margin.”
Focus on generating robust operating cash flow and free cash flow to support business and investments.
Stated as a priority in 3 of last 3 quarters. Free cash flow increased from $45.0M in 2026-Q1 to $61.1M in 2026-Q2, supported by operating cash flow of $75.8M in Q2. The trajectory is delivering with improving cash flow generation supporting investments.
“Net cash provided by operating activities was $75.8 million; free cash flow was $61.1 million.”
“Net cash provided by operating activities was $58.0 million; free cash flow was $45.0 million.”
“Net cash provided by operating activities was $84.5 million; free cash flow was $72.3 million.”
Accelerate product updates and new features to enhance user engagement and business tools.
Stated as a priority in 2 of last 3 quarters. Management highlights over 35 product updates in 2026-Q1 and 55 in 2025, supporting enhanced user engagement. While financial impact is indirect, the consistent focus on product innovation aligns with strategic growth efforts.
“We recently rolled out more than 35 new product updates and features, including a new Yelp Assistant.”
“More than 55 new features and updates introduced in 2025, driving product innovation.”
Over the trailing year it converted 3.68x of net income into operating cash flow. Historically, Communication Services names rated robust grew net income 47% of the time over the next year (vs 40% for the rest of the cohort, n=899).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, Fed net liquidity, long-term interest rates (low R² over the window).
8 material management or governance events in the past 24 months, led by executive changes. Historically, Communication Services names rated stable grew net income 52% of the time over the next year (vs 54% for the rest of the cohort, n=799).
Not investment advice. As of 2026-09-04.