NYSE$YELP

Yelp Inc. · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Yelp's first quarter 2022 results were driven by strategic initiatives.

Yelp's first quarter net revenue increased by 19% year over year to $277 million. Net loss improved by $5 million year over year to ($1) million. Adjusted EBITDA increased by 10% year over year to $48 million.

  • Net revenue reached a new quarterly high, increasing by 19% year over year.
  • The company is prioritizing investments in product development and marketing.
  • The strong start to the year was driven by the continued execution of long-term strategy.
  • First quarter results reflect the value being delivered to advertisers.

Headline financials

Total Revenue

$277M

Previous: $232M+19.2%
EPS (adj)

-$0.01

Previous: -$0.08+87.5%
Capital Expenditures

-$6.64M

Previous: -$6.01M-10.5%
Free Cash Flow

-$7.55M

Previous: -$11.8M+36.0%
Net Income

-$915K

Previous: -$5.8M+84.2%
Operating Income

-$4.46M

Previous: -$8.64M+48.4%
Gross Profit

-$20.7M

Previous: $217M-109.5%
Cash & Equivalents

$465M

Previous: $589M-21.0%
Total Assets

$1.04B

Previous: $1.14B-8.0%
Stock-Based Comp

$41.1M

Previous: $39.2M+4.6%

Revenue & EPS history

Yelp · Revenue · Quarterly

$277M

Q1 2022+19.2%vs Q1 2021
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

Yelp · $345M total across 1 segment · Q3 2023

  • Services Advertising
    $345M

Forward guidance

Yelp expects net revenue to come in towards the high end of its business outlook range for the full year.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

-1.0%

Avg return

Earnings day

-0.4%

Avg return

5 days after

-1.4%

Avg return

30 days after

50%

30 / 60 earnings

Positive

+25.0%

Q2 2018

Best reaction

-28.8%

Q3 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-5.1%-19.7%-18.4%
Q4 2025-8.1%-5.0%+4.4%
Q3 2025-10.0%-7.5%-7.6%
Q1 2025+9.2%+14.5%+3.5%
Q4 2024-7.9%-6.4%-13.6%
Q3 2024-1.9%+4.3%+5.9%
Q2 2024+0.4%+1.3%+1.6%
Q1 2024-6.2%-3.8%-6.4%
Q4 2023-13.1%-15.4%-14.3%
Q3 2023+7.1%+6.1%+6.1%
Q2 2023+3.2%+0.4%+0.1%
Q1 2023+1.0%+0.5%+23.7%
Q4 2022+0.1%-1.2%-10.2%
Q3 2022-17.6%-18.7%-17.9%
Q2 2022+16.7%+15.6%+3.4%
Q1 2022-9.2%-13.3%-11.9%
Q4 2021+1.0%+3.5%-10.3%
Q3 2021-3.2%-1.4%-12.9%
Q2 2021+9.0%+9.8%+4.8%
Q1 2021+1.9%+1.0%+0.7%
Q4 2020-2.4%-1.9%+10.1%
Q3 2020+14.2%+36.9%+53.5%
Q2 2020-17.7%-12.3%-17.6%
Q1 2020+6.0%+1.2%+22.3%
Q4 2019-0.4%-2.2%-33.4%
Q3 2019+6.3%+9.4%+2.0%
Q2 2019+7.0%+0.8%-4.8%
Q1 2019-16.1%-20.4%-22.4%
Q4 2018-1.8%+2.7%-9.7%
Q3 2018-28.8%-24.9%-22.9%
Q2 2018+25.0%+21.4%+17.1%
Q1 2018-8.1%-9.6%-12.3%
Q4 2017-12.8%-12.0%+5.3%
Q3 2017-1.6%-2.3%-6.1%
Q2 2017+24.2%+29.3%+33.3%
Q1 2017-20.6%-19.6%-14.8%
Q4 2016-13.5%-13.4%-16.6%
Q3 2016+9.5%+14.6%+11.3%
Q2 2016+16.3%+21.5%+20.7%
Q1 2016+22.5%
Q4 2015-13.3%
Q3 2015+0.2%
Q2 2015-25.7%
Q1 2015-23.1%
Q4 2014-20.5%
Q3 2014-19.8%
Q2 2014-3.3%
Q1 2014+8.7%
Q4 2013+15.0%
Q3 2013-0.8%
Q2 2013+23.2%
Q1 2013+23.8%
Q4 2010+4.2%
Q4 2012+0.8%
Q3 2011-20.5%
Q3 2012-14.9%
Q2 2011+15.6%
Q2 2012+10.2%
Q1 2011+3.7%
Q1 2012+3.7%

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