Filing Flows › Yelp (YELP) › Q3 2026
Yelp (YELP) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
Yelp (YELP) reported revenue of $371M for the third quarter 2026 (Q3 2026), -1% from a year earlier and -1% from the quarter before. Operating margin was 13.2%, net earnings $34.6M (9.3% of revenue).
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.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $371M | -1% | -1% |
| Operating profit | $48.9M | +12% | -8% |
| Net earnings | $34.6M | +9% | -12% |
| Operating cash flow | $100M | +32% | -24% |
| Free cash flow | $84.5M | — | -29% |
What changed
Revenue was $370.9M in Q3 2026, down 1% year over year and down 1% from the previous quarter. Services was the largest line at 64% of revenue. Restaurants, Retail & Other lost $14.8M year over year (down 13%), 289% of the total change.
Operating profit was $48.9M, a 13.2% margin (down 0.9 points year over year). Total costs fell 0% while revenue fell 1%. The fastest-growing cost line was Cost of revenue (+16%). Net earnings were $34.6M, down 12% year over year. The effective tax rate was 31.2%.
Operating cash flow was $100.0M (down 24% year over year), 289% of net earnings. Non-cash charges added back $17.4M of depreciation and amortization and $23.1M of share-based compensation. Working capital and other items added $24.9M. After purchases of property, equipment and software ($15.4M), free cash flow as the company reports it was $84.5M.
Questions
What was Yelp's revenue in the third quarter 2026?
Yelp (YELP) reported revenue of $371M for the third quarter 2026 (Q3 2026), -1% from a year earlier and -1% from the quarter before.
Was Yelp profitable in the third quarter 2026?
Operating profit was $48.9M (13.2% of revenue) and net earnings $34.6M.
Source: Yelp 10-Q on SEC EDGAR.