Filing Flows › Yelp (YELP) › Operating margin
Yelp (YELP) operating margin by quarter
Yelp's operating margin was 13.2% in Q3 2026 (third quarter 2026), +1.5 pts from Q2 2026. Over the last 7 quarters it ranged from 7.6% (Q1 2026) to 14.4% (Q2 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 13.2% | +1.5 pts | -0.9 pts |
| Q2 2026 | 11.6% | +4.1 pts | -2.7 pts |
| Q1 2026 | 7.6% | -6.0 pts | -0.7 pts |
| Q4 2025 | 13.6% | -0.5 pts | — |
| Q3 2025 | 14.1% | -0.3 pts | — |
| Q2 2025 | 14.4% | +6.2 pts | — |
| Q1 2025 | 8.2% | — | — |
Q3 2026 at a glance
Yelp, Q3 2026: revenue $371M (-1% year over year), operating margin 13.2%, net earnings $34.6M, operating cash flow $100M. The chart follows the revenue to costs, profit and cash.
Questions
What is Yelp's operating margin?
Yelp's operating margin was 13.2% in Q3 2026 (third quarter 2026), +1.5 pts from Q2 2026.
How has Yelp's operating margin changed?
Over the last 7 quarters it ranged from 7.6% (Q1 2026) to 14.4% (Q2 2025).