Yelp Inc. (YELP) Financial Statements (2024 and earlier)

Company Profile

Business Address 350 MISSION STREET
SAN FRANCISCO, CA 94105
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 72 - Personal Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments410,623489,783606,805412,281755,860821,216
Cash and cash equivalents306,379479,783595,875170,281332,764547,850
Short-term investments104,24410,00010,930242,000423,096273,366
Receivables131,902107,35888,400106,83287,30576,173
Prepaid expense14,63213,48010,43810,188  
Other current assets7,49734,0567,0824,008  
Other undisclosed current assets31,338   17,10415,700
Total current assets:595,992644,677712,725533,309860,269913,089
Noncurrent Assets
Operating lease, right-of-use asset97,392140,785168,209197,866
Property, plant and equipment77,22483,857101,718110,949114,800103,651
Long-term investments and receivables    53,499 25,032
Long-term investments    53,499 25,032
Intangible assets, net (including goodwill)111,325115,801122,782114,671118,979124,847
Goodwill102,328105,128109,261104,589105,620107,954
Intangible assets, net (excluding goodwill)8,99710,67313,52110,08213,35916,893
Restricted cash and investments  85866522,03722,07118,554
Other noncurrent assets133,98964,55048,84838,36959,44431,339
Total noncurrent assets:419,930405,851442,222537,391315,294303,423
TOTAL ASSETS:1,015,9221,050,5281,154,9471,070,7001,175,5631,216,512
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities137,950119,62087,76072,33361,06278,233
Accounts payable     6,5404,568
Accrued liabilities137,950119,62087,76072,33354,52273,665
Deferred revenue5,2004,1564,1094,315
Debt    57,507  
Deferred revenue and credits3,469
Contract with customer, liability3,843
Other undisclosed current liabilities39,67440,23751,161  4,465
Total current liabilities:182,824164,013143,030134,15564,90586,167
Noncurrent Liabilities
Long-term debt and lease obligation:  127,979148,935174,756  
Liabilities, other than long-term debt122,7747,2188,4486,79835,14030,737
Deferred revenue and credits26,904
Deferred rent credit     31,253
Other liabilities36,1137,2188,4486,7983,8873,833
Operating lease, liability86,661127,979148,935174,756
Total noncurrent liabilities:122,774135,197157,383181,55435,14030,737
Total liabilities:305,598299,210300,413315,709100,045116,904
Equity
Equity, attributable to parent710,324751,318854,534754,9911,075,5181,099,608
Treasury stock, value  (2,964)  (46)
Additional paid in capital1,649,6921,522,5721,398,2481,259,8031,139,4621,038,017
Accumulated other comprehensive loss(15,545)(11,090)(6,807)(11,759)(11,021)(8,444)
Retained earnings (accumulated deficit)(923,823)(760,164)(533,943)(493,053)(52,923)70,081
Total equity:710,324751,318854,534754,9911,075,5181,099,608
TOTAL LIABILITIES AND EQUITY:1,015,9221,050,5281,154,9471,070,7001,175,5631,216,512

Income Statement (P&L) ($ in thousands)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues1,193,5061,031,839872,9331,014,194942,773846,813
Revenue, net846,813
Cost of revenue(105,705)(78,097)(57,186)(62,410)(57,872)(70,518)
Cost of goods and services sold      
Gross profit:1,087,801953,742815,747951,784884,901776,295
Operating expenses(679,035)(590,072)(571,372)(636,477)(603,878)(544,316)
Other undisclosed operating loss(350,413)(332,156)(283,170)(279,796)(255,126)(52,494)
Operating income (loss):58,35331,514(38,795)35,51125,897179,485
Nonoperating income8,4252,2043,67014,25614,1094,864
Investment income, nonoperating   2,27313,32813,8044,189
Other nonoperating income2,7932,0891,377901375417
Income (loss) from continuing operations before income taxes:66,77833,718(35,125)49,76740,006184,349
Income tax expense (benefit)(30,431)5,95315,701(8,886)15,344(31,491)
Income (loss) from continuing operations:36,34739,671(19,424)40,88155,350152,858
Income (loss) before gain (loss) on sale of properties:39,671(19,424)40,88155,350152,858
Net income (loss) available to common stockholders, diluted:36,34739,671(19,424)40,88155,350152,858

Comprehensive Income ($ in thousands)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income (loss):36,34739,671(19,424)40,88155,350152,858
Comprehensive income (loss):36,34739,671(19,424)40,88155,350152,858
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(4,455)(4,283)4,952(738)(2,577)7,132
Comprehensive income (loss), net of tax, attributable to parent:31,89235,388(14,472)40,14352,773159,990

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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