Yelp's quarterly net revenue amounted to 332 million U.S. dollars in the first quarter of 2024, down from 342 million U.S. dollars in the previous quarter. The local business recommendation site derives most of its revenue from advertising and was severely impacted by reduced advertising budgets due to the coronavirus pandemic. However, it has seen a steady increase since the beginning of 2021. Additionally, in 2023, the annual net revenue generated by Yelp amounted to over 1.3 billion U.S. dollars.
Yelp net revenue from 1st quarter 2010 to 1st quarter 2024
(in million U.S. dollars)
Characteristic
Revenue in million U.S. dollars
Q1 '24
332.75
Q4 '23
342.38
Q3 '23
345.12
Q2 '23
337.12
Q1 '23
312.44
Q4 '22
309.1
Q3 '22
308.89
Q2 '22
298.88
Q1 '22
276.63
Q4 '21
273.4
Q3 '21
269.16
Q2 '21
257.19
Q1 '21
232.1
Q4 '20
233.2
Q3 '20
220.81
Q2 '20
169.03
Q1 '20
249.9
Q4 '19
268.82
Q3 '19
262.47
Q2 '19
246.96
Q1 '19
235.94
Q4 '18
243.74
Q3 '18
241.1
Q2 '18
234.86
Q1 '18
223.07
Q4 '17
219.44
Q3 '17
223.3
Q2 '17
209.9
Q1 '17
198.2
Q4 '16
194.8
Q3 '16
186.2
Q2 '16
173.4
Q1 '16
158.61
Q4 '15
153.73
Q3 '15
143.6
Q2 '15
133.9
Q1 '15
118.5
Q4 '14
109.9
Q3 '14
102.5
Q2 '14
88.8
Q1 '14
76.41
Q4 '13
70.7
Q3 '13
61.18
Q2 '13
55
Q1 '13
46.1
Q4 '12
41.16
Q3 '12
36.4
Q2 '12
32.65
Q1 '12
27.39
Q4 '11
24.91
Q3 '11
22.3
Q2 '11
19.58
Q1 '11
16.5
Q4 '10
15.27
Q3 '10
12.59
Q2 '10
10.73
Q1 '10
9.14
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Yelp. (May 9, 2024). Yelp net revenue from 1st quarter 2010 to 1st quarter 2024 (in million U.S. dollars) [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/278651/yelps-quarterly-net-revenue/
Yelp. "Yelp net revenue from 1st quarter 2010 to 1st quarter 2024 (in million U.S. dollars)." Chart. May 9, 2024. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/278651/yelps-quarterly-net-revenue/
Yelp. (2024). Yelp net revenue from 1st quarter 2010 to 1st quarter 2024 (in million U.S. dollars). Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/278651/yelps-quarterly-net-revenue/
Yelp. "Yelp Net Revenue from 1st Quarter 2010 to 1st Quarter 2024 (in Million U.S. Dollars)." Statista, Statista Inc., 9 May 2024, https://www.statista.com/statistics/278651/yelps-quarterly-net-revenue/
Yelp, Yelp net revenue from 1st quarter 2010 to 1st quarter 2024 (in million U.S. dollars) Statista, https://www.statista.com/statistics/278651/yelps-quarterly-net-revenue/ (last visited October 31, 2024)
Yelp net revenue from 1st quarter 2010 to 1st quarter 2024 (in million U.S. dollars) [Graph], Yelp, May 9, 2024. [Online]. Available: https://www.statista.com/statistics/278651/yelps-quarterly-net-revenue/