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AI brief of an SEC Form 8-K · Yelp (YELP)

Yelp Q3 revenue rises 4% to record $376 million; net income up 2% to $39 million

Positive Impact 3 of 5 earnings Written later

Yelp reported third-quarter 2025 net revenue of $376 million, up 4% from a year earlier and $6 million above the high end of its outlook range, while net income rose 2% to $39 million. Adjusted EBITDA fell 3% to $98 million, and the company updated its full-year 2025 outlook to net revenue of $1.460 billion to $1.465 billion and adjusted EBITDA of $360 million to $365 million.

Key points

  • Q3 net revenue $376 million, up 4% year over year; diluted EPS $0.61 versus $0.56 in Q3 2024
  • Adjusted EBITDA $98 million, down 3%; adjusted EBITDA margin 26% versus 28% a year earlier
  • 2025 outlook: net revenue $1.460 billion to $1.465 billion; adjusted EBITDA $360 million to $365 million
  • Repurchased approximately 2.3 million shares for $75 million in the third quarter

The filing

CompanyYelp (YELP)
Form8-K, current report
Filed with the SECNov 6, 2025, 4:07 PM ET
Accession number0001345016-25-000067

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

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 November 06, 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.