Yelp Operating Expenses Growth & History (YELP)
Yelp's operating expenses was $1.28B for fiscal 2025.
View full Yelp company overviewYelp annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.28B | $19.4M | +1.54% |
| 2024 | 2024-12-31 | $1.26B | $3.0M | +0.24% |
| 2023 | 2023-12-31 | $1.26B | $122.9M | +10.82% |
| 2022 | 2022-12-31 | $1.14B | $134.8M | +13.48% |
| 2021 | 2021-12-31 | $1.00B | $88.6M | +9.72% |
| 2020 | 2020-12-31 | $911.7M | −$67.0M | −6.84% |
| 2019 | 2019-12-31 | $978.7M | $61.8M | +6.74% |
| 2018 | 2018-12-31 | $916.9M | $245.7M | +36.60% |
| 2017 | 2017-12-31 | $671.2M | −$46.9M | −6.53% |
| 2016 | 2016-12-31 | $718.1M | $147.0M | +25.75% |
| 2015 | 2015-12-31 | $571.0M | $204.6M | +55.82% |
| 2014 | 2014-12-31 | $366.5M | $124.7M | +51.56% |
| 2013 | 2013-12-31 | $241.8M | $85.5M | +54.68% |
| 2012 | 2012-12-31 | $156.3M | $56.9M | +57.19% |
| 2011 | 2011-12-31 | $99.5M | $42.2M | +73.76% |
| 2010 | 2010-12-31 | $57.2M | — | — |
Yelp quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $331.8M | $14.7M | +4.63% |
| Q1 2026 | 2026-03-31 | $334.2M | $5.1M | +1.55% |
| Q4 2025 | 2025-12-31 | $311.1M | $2.6M | +0.84% |
| Q3 2025 | 2025-09-30 | $323.2M | $9.5M | +3.02% |
| Q2 2025 | 2025-06-30 | $317.1M | −$165,000 | −0.05% |
| Q1 2025 | 2025-03-31 | $329.1M | $7.5M | +2.34% |
| Q4 2024 | 2024-12-31 | $308.5M | −$8.8M | −2.78% |
| Q3 2024 | 2024-09-30 | $313.7M | $10.4M | +3.44% |
| Q2 2024 | 2024-06-30 | $317.3M | −$1.1M | −0.35% |
| Q1 2024 | 2024-03-31 | $321.5M | $2.5M | +0.79% |
| Q4 2023 | 2023-12-31 | $317.4M | $41.6M | +15.10% |
| Q3 2023 | 2023-09-30 | $303.2M | $7.8M | +2.63% |
| Q2 2023 | 2023-06-30 | $318.4M | $35.5M | +12.55% |
| Q1 2023 | 2023-03-31 | $319.0M | $37.9M | +13.50% |
| Q4 2022 | 2022-12-31 | $275.7M | $21.9M | +8.63% |
| Q3 2022 | 2022-09-30 | $295.5M | $48.0M | +19.38% |
| Q2 2022 | 2022-06-30 | $282.9M | $24.6M | +9.53% |
| Q1 2022 | 2022-03-31 | $281.1M | $40.3M | +16.76% |
| Q4 2021 | 2021-12-31 | $253.8M | $35.1M | +16.04% |
| Q3 2021 | 2021-09-30 | $247.5M | $36.0M | +17.04% |
| Q2 2021 | 2021-06-30 | $258.3M | $53.9M | +26.37% |
| Q1 2021 | 2021-03-31 | $240.7M | −$36.4M | −13.14% |
| Q4 2020 | 2020-12-31 | $218.7M | −$32.5M | −12.92% |
| Q3 2020 | 2020-09-30 | $211.5M | −$41.4M | −16.39% |
| Q2 2020 | 2020-06-30 | $204.4M | −$30.4M | −12.94% |
| Q1 2020 | 2020-03-31 | $277.2M | $37.3M | +15.56% |
| Q4 2019 | 2019-12-31 | $251.2M | $20.2M | +8.73% |
| Q3 2019 | 2019-09-30 | $252.9M | $22.2M | +9.63% |
| Q2 2019 | 2019-06-30 | $234.8M | $7.5M | +3.31% |
| Q1 2019 | 2019-03-31 | $239.8M | $11.9M | +5.23% |
| Q4 2018 | 2018-12-31 | $231.0M | $181.8M | +369.80% |
| Q3 2018 | 2018-09-30 | $230.7M | $14.3M | +6.62% |
| Q2 2018 | 2018-06-30 | $227.2M | $24.5M | +12.06% |
| Q1 2018 | 2018-03-31 | $227.9M | $25.0M | +12.34% |
| Q4 2017 | 2017-12-31 | $49.2M | −$137.1M | −73.61% |
| Q3 2017 | 2017-09-30 | $216.4M | $32.1M | +17.43% |
| Q2 2017 | 2017-06-30 | $202.8M | $28.2M | +16.14% |
| Q1 2017 | 2017-03-31 | $202.9M | $30.0M | +17.34% |
| Q4 2016 | 2016-12-31 | $186.3M | $26.2M | +16.34% |
| Q3 2016 | 2016-09-30 | $184.3M | $30.0M | +19.45% |
| Q2 2016 | 2016-06-30 | $174.6M | $40.8M | +30.44% |
| Q1 2016 | 2016-03-31 | $172.9M | $50.1M | +40.84% |
| Q4 2015 | 2015-12-31 | $160.1M | $58.2M | +57.17% |
| Q3 2015 | 2015-09-30 | $154.3M | $56.4M | +57.56% |
| Q2 2015 | 2015-06-30 | $133.9M | $48.2M | +56.27% |
| Q1 2015 | 2015-03-31 | $122.8M | $41.7M | +51.53% |
| Q4 2014 | 2014-12-31 | $101.9M | $29.3M | +40.43% |
| Q3 2014 | 2014-09-30 | $97.9M | $34.9M | +55.51% |
| Q2 2014 | 2014-06-30 | $85.7M | $30.1M | +54.06% |
| Q1 2014 | 2014-03-31 | $81.0M | $30.3M | +59.83% |
| Q4 2013 | 2013-12-31 | $72.6M | $26.3M | +56.74% |
| Q3 2013 | 2013-09-30 | $63.0M | $24.6M | +64.29% |
| Q2 2013 | 2013-06-30 | $55.6M | $21.0M | +60.74% |
| Q1 2013 | 2013-03-31 | $50.7M | $13.6M | +36.53% |
| Q4 2012 | 2012-12-31 | $46.3M | $12.6M | +37.52% |
| Q3 2012 | 2012-09-30 | $38.3M | $12.6M | +49.17% |
| Q2 2012 | 2012-06-30 | $34.6M | $13.8M | +66.29% |
| Q1 2012 | 2012-03-31 | $37.1M | $17.8M | +92.34% |
| Q4 2011 | 2011-12-31 | $33.7M | — | — |
| Q3 2011 | 2011-09-30 | $25.7M | — | — |
| Q2 2011 | 2011-06-30 | $20.8M | — | — |
| Q1 2011 | 2011-03-31 | $19.3M | — | — |
Yelp operating expenses trends
Over the last five fiscal years, Yelp's operating expenses increased from $911.7M to $1.28B, a change of $368.7M. The latest reported quarter, Q2 2026, shows $331.8M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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