{"id":991727,"date":"2026-08-06T19:18:15","date_gmt":"2026-08-06T23:18:15","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/yelp-reports-second-quarter-2026-results\/"},"modified":"2026-08-06T19:18:15","modified_gmt":"2026-08-06T23:18:15","slug":"yelp-reports-second-quarter-2026-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/yelp-reports-second-quarter-2026-results\/","title":{"rendered":"Yelp Reports Second Quarter 2026 Results"},"content":{"rendered":"

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Yelp Reports Second Quarter 2026 Results<\/b><\/p>\n

Net Revenue increased by 1% year over year to $376 million<\/i><\/p>\n

Net Income decreased from the prior year to $32 million, reflecting an 8% margin<\/i><\/p>\n

Adjusted EBITDA<\/i>1<\/sup>decreased 9% year over year to $91 million, reflecting a 24% margin<\/i><\/p>\n

Narrows outlook range of 2026 Net Revenue to $1.460 billion to $1.470 billion; and 2026 Adjusted<\/i><\/p>\n

EBITDA to $315 million to $325 million<\/i>2<\/sup><\/p>\n

SAN FRANCISCO–(BUSINESS WIRE<\/a>)–
\nYelp Inc. (NYSE: YELP), the company that connects people with great local businesses, today posted its financial results for the second quarter ended June 30, 2026 in the Shareholder Letter available on its Investor Relations website at yelp-ir.com<\/a>.<\/p>\n

\n\u201cYelp\u2019s AI transformation continued to gain momentum in the second quarter, with encouraging signs across several key metrics and Other revenue nearly doubling year over year,\u201d said Jeremy Stoppelman, Yelp\u2019s co-founder and chief executive officer. \u201cWe are seeing the benefits of our strategic initiatives take shape. Yelp Assistant drove early positive signs in engagement, Yelp Host scaled rapidly, and Hatch accelerated their product roadmap. At the same time, our trusted content is powering local discovery for ChatGPT and other AI partners. While headwinds for local businesses persist, I\u2019m confident we are building a stronger Yelp, transformed with AI, that is well-positioned to drive long-term profitable growth.\u201d<\/p>\n

\n\u201cIn the second quarter, Yelp delivered net revenue of $376 million, $8 million above the high end of our outlook range,\u201d said David Schwarzbach, Yelp’s chief financial officer. \u201cOther revenue accelerated from the first quarter, increasing 98% year over year to a record $33 million. We are continuing to invest in our strategic initiatives to create shareholder value over the long term, even as consumers and local businesses navigate a challenging economic environment.\u201d<\/p>\n

Quarterly Conference Call<\/span><\/p>\n

\nYelp will host a live webcast today at 2 p.m. Pacific Time to discuss the second quarter financial results and outlook for the third quarter and full year 2026. The webcast of the Q&A can be accessed on the Yelp Investor Relations website at yelp-ir.com<\/a>. A replay of the webcast will be available at the same website.<\/p>\n\n\n\n\n
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1<\/sup> See \u201cNon-GAAP Financial Measures\u201d for the definitions of Adjusted EBITDA and Adjusted EBITDA margin, as well as reconciliations of Adjusted EBITDA to Net income (loss) and Adjusted EBITDA margin to Net income (loss) margin, in each case the most directly comparable financial measures calculated and presented in accordance with generally accepted accounting principles in the United States (\u201cGAAP\u201d).<\/p>\n<\/td>\n<\/tr>\n

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2<\/sup> Yelp has not reconciled its Adjusted EBITDA outlook to GAAP Net income (loss) because it does not provide an outlook for GAAP Net income (loss) due to the uncertainty and potential variability of Other income (expense), net and Provision for (benefit from) income taxes, which are reconciling items between Adjusted EBITDA and GAAP Net income (loss). Because Yelp cannot reasonably predict such items, a reconciliation of the non-GAAP financial measure outlook to the corresponding GAAP measure is not available without unreasonable effort. We caution, however, that such items could have a significant impact on the calculation of GAAP Net income (loss). For more information regarding the non-GAAP financial measures discussed in this release, please see \u201cNon-GAAP Financial Measures\u201d below.<\/p>\n<\/td>\n<\/tr>\n<\/table>\n

About Yelp<\/span><\/p>\n

\nYelp Inc. (yelp.com<\/a>) is a community-driven platform that connects people with great local businesses. Millions rely on Yelp to inform their spending decisions and get things done. By combining authentic human content with AI technologies, including Yelp Assistant, Yelp helps people move seamlessly from discovery to taking action, whether it\u2019s requesting quotes from service pros, making reservations, ordering food, scheduling appointments, or connecting with the right businesses for their needs. Yelp was founded in San Francisco in 2004.<\/p>\n

\nYelp intends to make future announcements of material financial and other information through its Investor Relations website. Yelp will also, from time to time, disclose this information through press releases, filings with the Securities and Exchange Commission, conference calls, or webcasts, as required by applicable law.<\/p>\n

Forward-Looking Statements<\/span><\/p>\n

\nThis press release contains forward-looking statements relating to, among other things, Yelp\u2019s future performance, including its expected financial results for the full year 2026, its expectations regarding its AI transformation as well as its investments in and benefits from strategic initiatives, changes to its product offerings, the implications of trends in its key metrics and its ability to drive long-term profitable growth, that are based on its current expectations, forecasts and assumptions that involve risks and uncertainties.<\/p>\n

\nYelp\u2019s actual results could differ materially from those predicted or implied and reported results should not be considered as an indication of future performance. Factors that could cause or contribute to such differences include, but are not limited to:<\/p>\n