Filing Flows › Yelp (YELP) › Q3 2026 › vs Q2 2026
Yelp (YELP) Q3 2026 vs Q2 2026 (quarter over quarter)
Yelp's revenue fell $4.6M (-1%) from $376M in Q2 2026 to $371M in Q3 2026. The biggest changes: Total advertising −$5.5M (-2%); Other +$897K (+3%). Operating margin 13.2% against 11.6% (+1.5 pts).
Yelp, Q3 2026: revenue $371M (-1% year over year), operating margin 13.2%, net earnings $34.6M, operating cash flow $100M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 13.2% | 11.6% | +1.5 pts |
| Net margin | 9.3% | 8.4% | +0.9 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Services | $238M | $241M | −$2.7M | -1% |
| Restaurants, Retail & Other | $98.8M | $102M | −$2.8M | -3% |
| Total advertising | $337M | $342M | −$5.5M | -2% |
| Other | $33.9M | $33.0M | $897K | +3% |
| Revenue | $371M | $376M | −$4.6M | -1% |
| Other income, net | $1.4M | $733K | $618K | +84% |
| Operating profit | $48.9M | $43.7M | $5.2M | +12% |
| Costs & expenses | $322M | $332M | −$9.8M | -3% |
| Pre-tax earnings | $50.2M | $44.5M | $5.8M | +13% |
| Cost of revenue | $42.2M | $41.8M | $382K | +0.9% |
| Sales & marketing | $152M | $154M | −$2.1M | -1% |
| General & admin | $46.3M | $47.9M | −$1.5M | -3% |
| Other operating costs | $82.0M | $88.6M | −$6.6M | -7% |
| Net earnings | $34.6M | $31.7M | $2.9M | +9% |
| Income tax | $15.7M | $12.8M | $2.9M | +22% |
| Depreciation & amortization | $17.4M | $18.1M | −$749K | -4% |
| Share-based compensation | $23.1M | $25.7M | −$2.7M | -10% |
| Working capital & other | $24.9M | $303K | $24.6M | 82× |
| Operating cash flow | $100M | $75.8M | $24.1M | +32% |
Questions
How much did Yelp's revenue grow quarter over quarter in Q3 2026?
Yelp's revenue fell $4.6M (-1%) from $376M in Q2 2026 to $371M in Q3 2026.
What drove Yelp's revenue change in Q3 2026?
Total advertising −$5.5M (-2%); Other +$897K (+3%).