Yelp Inc (YELP)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,268,865 | 1,242,640 | 1,231,430 | 1,221,618 | 1,212,530 | 1,190,693 | 1,156,027 | 1,120,981 | 1,087,801 | 1,056,536 | 1,022,420 | 989,719 | 953,742 | 922,261 | 881,905 | 799,915 | 815,747 | 850,040 | 888,386 | 963,161 |
| Revenue (ttm) | US$ in thousands | 1,412,064 | 1,392,488 | 1,377,266 | 1,357,376 | 1,337,062 | 1,303,789 | 1,267,558 | 1,229,316 | 1,193,506 | 1,157,803 | 1,118,067 | 1,076,371 | 1,031,839 | 991,634 | 943,286 | 855,128 | 872,933 | 908,561 | 950,228 | 1,028,153 |
| Gross profit margin | 89.86% | 89.24% | 89.41% | 90.00% | 90.69% | 91.33% | 91.20% | 91.19% | 91.14% | 91.25% | 91.45% | 91.95% | 92.43% | 93.00% | 93.49% | 93.54% | 93.45% | 93.56% | 93.49% | 93.68% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,268,865K ÷ $1,412,064K
= 89.86%
The gross profit margin of Yelp Inc has shown a gradual decline over the past several quarters based on the provided data. Starting at a high of 93.68% in March 2020, the margin has consistently decreased to 89.86% by December 2024. This downward trend indicates a reduction in the percentage of revenue that translates into gross profit after accounting for the cost of goods sold. It is essential to closely monitor this metric, as a declining gross profit margin can potentially impact the company's overall profitability and financial performance. Further analysis and investigation into the factors driving this trend may be necessary to identify potential areas for improvement and sustainable growth.
Peer comparison
Dec 31, 2024