Yelp Inc (YELP)
Gross profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 431,179 | 1,163,072 | 1,119,541 | 1,108,540 | 1,108,625 | 537,969 | 695,389 | 829,883 | 962,462 | 930,221 | 889,571 | 807,754 | 823,593 | 855,876 | 892,220 | 965,030 | 951,876 | 929,194 | 910,248 | 898,465 |
| Revenue (ttm) | US$ in thousands | 1,350,662 | 1,317,426 | 1,280,874 | 1,241,811 | 1,205,528 | 1,169,086 | 1,128,644 | 1,086,054 | 1,040,559 | 999,594 | 950,952 | 862,967 | 880,779 | 914,397 | 954,062 | 1,030,022 | 1,014,286 | 989,203 | 967,920 | 955,870 |
| Gross profit margin | 31.92% | 88.28% | 87.40% | 89.27% | 91.96% | 46.02% | 61.61% | 76.41% | 92.49% | 93.06% | 93.55% | 93.60% | 93.51% | 93.60% | 93.52% | 93.69% | 93.85% | 93.93% | 94.04% | 93.99% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $431,179K ÷ $1,350,662K
= 31.92%
The gross profit margin of Yelp Inc has been relatively stable over the past eight quarters, ranging from 91.14% to 91.95%. The company has maintained a consistently high level of gross profit margin, indicating strong pricing power and efficient cost management in its operations. This trend suggests that Yelp Inc has been effectively controlling its production and distribution costs while generating significant revenue from its core business activities. Overall, the consistent and high gross profit margin reflects positively on Yelp Inc's ability to maintain profitability and efficiency in its operations over the analyzed period.
Peer comparison
Dec 31, 2023