What is the market's earnings forecast for Yelp next quarter?

What is Yelp's gross profit margin?

What is Yelp's latest dividend and current dividend yield?

Did Yelp beat or miss consensus estimates last quarter?

What were the key takeaways from Yelp’s earnings call?

What is the revenue and EPS growth rate for Yelp year over year?

What does Yelp do and what are its main business segments?

What guidance did Yelp's management provide for the next earnings period?

- **Services Growth**: 7% YoY increase in Services revenue.
- **AI Adoption**: Yelp Assistant project submissions up 400% YoY.
- **Strategic Partnerships**: DoorDash expands restaurant coverage by 200,000.
- **Q4 Outlook**: Cautious due to macroeconomic challenges, revised net revenue $1.46 billion.
- **Efficiency Focus**: 26% adjusted EBITDA margin, disciplined expense management.

**【CEO Summary Section】**
- Recorded net revenue of $376 million, achieving a 10% net income margin.
- Services revenue grew 7% year-over-year, while RR&O revenue declined 2%.
- AI initiatives include Yelp Assistant, with project submissions via AI up 400% YoY.
- Strategic partnerships with DoorDash and RepairPal expanded market reach.
- Introduced SaaS products Yelp Host and Receptionist, showing early adoption success.

**【CFO Financial Commentary】**
- GAAP net income of $39 million, with a 10% margin.
- Adjusted EBITDA of $98 million, reflecting a 26% margin.
- Expense management included a 2% reduction in stock-based compensation.
- Q4 outlook cautious due to macroeconomic uncertainties, with revised net revenue guidance of $1.46 billion.

**【Q&A Key Highlights】**
- Macro pressures impacted RR&O, but Services showed resilience.
- AI-driven Yelp Assistant expanded to logged-out users, with positive early feedback.
- DoorDash partnership increased restaurant coverage by 200,000.
- SaaS products demonstrate potential for incremental revenue growth.
- Emphasis on disciplined expense management and capital allocation efficiency.

Yelp Inc. (YELP) Q3 2025 Earnings Call Transcript

Revenue

Sales and Services Revenue

Financing Services Revenue

Other Revenue

Cost of Revenue

Cost of Goods and Services

Cost of Financing Services

Other Cost

Gross Profit

Other Operating Income

Operating Expenses

Selling, General and Administrative Expenses

Selling and Marketing Expenses

General and Administrative Expenses

Research and Development Expenses

Loss on Bad Debts

Loss on Impairment of Other Assets

Loss on Disposal of Assets

Other Operating Expenses

Operating Income

Non-Operating Income (Loss)

Income (Loss) from Affiliates

Income (Loss) from Associates

Income (Loss) from Joint ventures

Gain (Loss) on Other Investment

Gain (Loss) on Change in Fair Value

Gain (Loss) on Foreign Currency Exchange

Other Non-Operating Income (Loss)

Net Interest Expense

Interest Expense

Interest Income

Pretax Income From Continuing Operations

Income Tax Expense

Current Income Tax

Deferred Income Tax

Income Tax Adjustments

Net Income from Continuing Operations

Income from Discontinued Operations

Other Items Before Net Income

Net Income

Net Income Attributable to Minority Interests

Net Income Attributable to Owners of the Company

Preferred Stock Dividends

Other Adjustments

Net Income Attributable to Common Stockholders

Other Comprehensive Income

Total Comprehensive Income

Total Comprehensive Income Attributable to Minority Interests

Total Comprehensive Income Attributable to Owners of the Company

Basic EPS

Basic EPS from Continuing Operations

Basic EPS from Discontinued Operations

Diluted EPS

Diluted EPS from Continuing Operations

Diluted EPS from Discontinued Operations

YELP

YELP fundamentals

You can ask Aime