Business Wire·Aug 6, 2026, 4:05 PM ET

Yelp Reports Second Quarter 2026 Results

Net revenue increased 1% year over year to $376 million for the second quarter ended June 30, 2026.
Net income decreased to $32 million, reflecting an 8% net income margin.
Adjusted EBITDA declined 9% year over year to $91 million, representing a 24% margin.
Yelp narrowed its 2026 net revenue outlook range to $1.460 billion to $1.470 billion.
Yelp narrowed its 2026 adjusted EBITDA outlook range to $315 million to $325 million.
Other revenue accelerated 98% year over year to a record $33 million.
Net revenue was $8 million above the high end of the prior outlook range for the quarter.
The company highlighted momentum in its AI transformation, including growth in Yelp Assistant, Yelp Host, and Hatch.
Total stock-based compensation for the six months ended June 30, 2026, was $56.256 million.
Cash and cash equivalents decreased to $94.142 million from $216.062 million at the end of 2025.
Goodwill increased to $354.708 million, reflecting the acquisition of Hatch.
A live webcast to discuss these results was scheduled for 2 p.m. Pacific Time on the date of the release.