Yelp annual gross margin
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Yelp Gross Margin Growth & History (YELP)
Yelp's gross margin was 90.27% for fiscal 2025.
View full Yelp company overviewYelp annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 90.27% | −0.97 pp |
| 2024 | 2024-12-31 | 91.24% | −0.22 pp |
| 2023 | 2023-12-31 | 91.46% | +0.31 pp |
| 2022 | 2022-12-31 | 91.14% | −1.29 pp |
| 2021 | 2021-12-31 | 92.43% | −1.02 pp |
| 2020 | 2020-12-31 | 93.45% | −0.40 pp |
| 2019 | 2019-12-31 | 93.85% | −0.02 pp |
| 2018 | 2018-12-31 | 93.86% | +2.15 pp |
| 2017 | 2017-12-31 | 91.71% | +0.14 pp |
| 2016 | 2016-12-31 | 91.57% | +0.85 pp |
| 2015 | 2015-12-31 | 90.72% | −2.82 pp |
| 2014 | 2014-12-31 | 93.54% | +0.65 pp |
| 2013 | 2013-12-31 | 92.89% | +0.11 pp |
| 2012 | 2012-12-31 | 92.78% | −0.10 pp |
| 2011 | 2011-12-31 | 92.88% | −0.55 pp |
| 2010 | 2010-12-31 | 93.43% | — |
Yelp quarterly gross margin
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| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 88.88% | −1.55 pp |
| Q1 2026 | 2026-03-31 | 89.37% | −0.91 pp |
| Q4 2025 | 2025-12-31 | 89.99% | −0.82 pp |
| Q3 2025 | 2025-09-30 | 90.35% | −0.66 pp |
| Q2 2025 | 2025-06-30 | 90.43% | −0.98 pp |
| Q1 2025 | 2025-03-31 | 90.29% | −1.49 pp |
| Q4 2024 | 2024-12-31 | 90.81% | −0.54 pp |
| Q3 2024 | 2024-09-30 | 91.01% | −0.77 pp |
| Q2 2024 | 2024-06-30 | 91.41% | +0.36 pp |
| Q1 2024 | 2024-03-31 | 91.78% | +0.12 pp |
| Q4 2023 | 2023-12-31 | 91.35% | +0.56 pp |
| Q3 2023 | 2023-09-30 | 91.78% | +0.46 pp |
| Q2 2023 | 2023-06-30 | 91.05% | +0.08 pp |
| Q1 2023 | 2023-03-31 | 91.66% | +0.13 pp |
| Q4 2022 | 2022-12-31 | 90.79% | −0.42 pp |
| Q3 2022 | 2022-09-30 | 91.32% | −0.81 pp |
| Q2 2022 | 2022-06-30 | 90.97% | −2.03 pp |
| Q1 2022 | 2022-03-31 | 91.53% | −2.06 pp |
| Q4 2021 | 2021-12-31 | 91.21% | −2.22 pp |
| Q3 2021 | 2021-09-30 | 92.13% | −1.90 pp |
| Q2 2021 | 2021-06-30 | 93.00% | −0.00 pp |
| Q1 2021 | 2021-03-31 | 93.59% | +0.33 pp |
| Q4 2020 | 2020-12-31 | 93.43% | −0.37 pp |
| Q3 2020 | 2020-09-30 | 94.03% | +0.32 pp |
| Q2 2020 | 2020-06-30 | 93.00% | −0.93 pp |
| Q1 2020 | 2020-03-31 | 93.26% | −0.70 pp |
| Q4 2019 | 2019-12-31 | 93.80% | −0.35 pp |
| Q3 2019 | 2019-09-30 | 93.71% | −0.41 pp |
| Q2 2019 | 2019-06-30 | 93.94% | +0.20 pp |
| Q1 2019 | 2019-03-31 | 93.95% | +0.56 pp |
| Q4 2018 | 2018-12-31 | 94.15% | +1.55 pp |
| Q3 2018 | 2018-09-30 | 94.12% | +2.77 pp |
| Q2 2018 | 2018-06-30 | 93.74% | +2.34 pp |
| Q1 2018 | 2018-03-31 | 93.40% | +1.93 pp |
| Q4 2017 | 2017-12-31 | 92.60% | +0.49 pp |
| Q3 2017 | 2017-09-30 | 91.35% | −0.81 pp |
| Q2 2017 | 2017-06-30 | 91.40% | +0.10 pp |
| Q1 2017 | 2017-03-31 | 91.47% | +0.97 pp |
| Q4 2016 | 2016-12-31 | 92.11% | +1.87 pp |
| Q3 2016 | 2016-09-30 | 92.16% | +2.10 pp |
| Q2 2016 | 2016-06-30 | 91.30% | +1.05 pp |
| Q1 2016 | 2016-03-31 | 90.49% | −2.17 pp |
| Q4 2015 | 2015-12-31 | 90.24% | −3.13 pp |
| Q3 2015 | 2015-09-30 | 90.07% | −3.91 pp |
| Q2 2015 | 2015-06-30 | 90.25% | −3.17 pp |
| Q1 2015 | 2015-03-31 | 92.66% | −0.70 pp |
| Q4 2014 | 2014-12-31 | 93.37% | +0.34 pp |
| Q3 2014 | 2014-09-30 | 93.97% | +0.96 pp |
| Q2 2014 | 2014-06-30 | 93.42% | +0.72 pp |
| Q1 2014 | 2014-03-31 | 93.36% | +0.60 pp |
| Q4 2013 | 2013-12-31 | 93.03% | +0.32 pp |
| Q3 2013 | 2013-09-30 | 93.01% | −0.11 pp |
| Q2 2013 | 2013-06-30 | 92.70% | −0.26 pp |
| Q1 2013 | 2013-03-31 | 92.76% | +0.52 pp |
| Q4 2012 | 2012-12-31 | 92.70% | +0.06 pp |
| Q3 2012 | 2012-09-30 | 93.12% | +0.02 pp |
| Q2 2012 | 2012-06-30 | 92.96% | −0.47 pp |
| Q1 2012 | 2012-03-31 | 92.24% | −0.03 pp |
| Q4 2011 | 2011-12-31 | 92.64% | — |
| Q3 2011 | 2011-09-30 | 93.11% | — |
| Q2 2011 | 2011-06-30 | 93.44% | — |
| Q1 2011 | 2011-03-31 | 92.27% | — |
Yelp gross margin trends
Over the last five fiscal years, Yelp's gross margin decreased from 93.45% to 90.27%, a change of −3.18 percentage points. The latest reported quarter, Q2 2026, shows 88.88%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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