NYSE$YELP
Yelp Inc. · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Yelp's first quarter 2024 results were driven by investments in services.
Yelp's Q1 2024 net revenue increased by 7% year-over-year to $333 million. Net income increased to $14 million, representing a 4% margin, and adjusted EBITDA grew 19% year-over-year to $64 million.
- Net revenue increased by 7% year-over-year to $333 million.
- Net income increased from the prior year to $14 million, reflecting a 4% margin.
- Adjusted EBITDA grew 19% year-over-year to $64 million.
- Request-a-Quote projects increased approximately 20% year-over-year.
Headline financials
Revenue & EPS history
Yelp · Revenue · Quarterly
$333M
Revenue by segment
Yelp · $345M total across 1 segment · Q3 2023
- Services Advertising$345M—100.0%
Forward guidance
Yelp will host a live Q&A session today at 2:00 p.m. Pacific Time to discuss the first quarter financial results and outlook for the second quarter and full year 2024.
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 2024
-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
| Quarter | Report date | Reaction (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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