Yelp Q2 revenue rises 1% to $376 million; net income falls 28% to $32 million
Yelp reported second-quarter 2026 net revenue of $376 million, up 1% from a year earlier and $8 million above the high end of its outlook range. Net income fell 28% to $32 million, and adjusted EBITDA fell 9% to $91 million, so profit declined even as sales edged up. The company also narrowed its full-year 2026 outlook to $1.460 billion to $1.470 billion in net revenue and $315 million to $325 million in adjusted EBITDA.
Key points
- Net revenue was $376 million, up 1% year over year; advertising revenue fell 3% while other revenue rose 98% to a record $33 million.
- Net income was $32 million, or $0.57 per diluted share, versus $44 million, or $0.67 per diluted share, in the second quarter of 2025.
- Adjusted EBITDA was $91 million, down 9%, and $16 million above the high end of the outlook range.
- Full-year 2026 outlook narrowed to $1.460 billion to $1.470 billion in net revenue and $315 million to $325 million in adjusted EBITDA.
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 August 06, 2026.
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.