Yelp 2024 revenue hits record $1.41 billion; net income rises 34% to $133 million
Yelp reported fourth-quarter and full-year 2024 results on February 13, 2025. Full-year net revenue rose 6% to a record $1.41 billion and net income rose 34% to $133 million, while adjusted EBITDA grew 8% to $358 million. The company also gave a 2025 outlook of $1.470 billion to $1.485 billion in net revenue and $345 million to $360 million in adjusted EBITDA, with Services advertising growth offsetting weaker Restaurants, Retail & Other advertising.
Key points
- Q4 2024 net revenue was $362 million, up 6% year over year and $10 million above the high end of the company's outlook range.
- Full-year 2024 diluted earnings per share were $1.88, compared with $1.35 in 2023.
- Services advertising revenue rose 11% to $879 million, while Restaurants, Retail & Other advertising fell 3% to $470 million.
- For 2025, Yelp expects net revenue of $1.470 billion to $1.485 billion and adjusted EBITDA of $345 million to $360 million.
The filing
Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 13, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.