
Last checked Oct 8, 2026
Yelp publishes crowd-sourced reviews and ratings of local businesses and sells advertising and services around them. Founded in 2004 by former PayPal engineers Russel Simmons and Jeremy Stoppelman and public since 2012, its engineering centres on search, ranking, text and local discovery. (from our editorial profile)
(from our editorial profile)Source: en.wikipedia.org
Yelp describes itself as a community-driven platform that combines authentic human content with AI technologies, including Yelp Assistant, to help people move from discovery to taking action such as requesting quotes, making reservations, ordering food, scheduling appointments, or connecting with businesses. In its first quarter 2026 results, the company said it rolled out more than 35 new product updates and features, including a new Yelp Assistant that now works across all categories. Yelp also states it is extending the reach of its trusted content through data licensing.
Source: yelp-ir.comIn its first quarter 2026 results, Yelp reported net revenue of $361 million, up 1% year over year, and net income of $18 million. The company said it continued to accelerate its AI transformation, rolled out more than 35 new product updates and features, and cited strong traction from Hatch and Yelp Host along with a growing partner ecosystem. Yelp said other revenue grew 75% year over year to a record $29 million and that it is targeting an annual run rate of $250 million in other revenue by the end of 2028.
Source: yelp-ir.comYelp's chief executive stated that local businesses continued to navigate a challenging operating environment, and the company's chief financial officer said local economies remained pressured. The company reaffirmed its full-year 2026 outlook, expecting net revenue of $1.455 billion to $1.475 billion and adjusted EBITDA of $310 million to $330 million.
Source: yelp-ir.comyelp-ir.com, 2026-01-01
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