Yelp Inc (YELP)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 99,173 | 91,912 | 42,804 | 36,084 | 36,347 | 39,392 | 48,349 | 44,552 | 39,671 | 37,570 | 18,485 | -9,717 | -19,424 | -23,361 | -12,280 | 24,013 | 40,881 | 55,675 | 60,600 | 59,001 |
| 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 |
| Net profit margin | 7.34% | 6.98% | 3.34% | 2.91% | 3.02% | 3.37% | 4.28% | 4.10% | 3.81% | 3.76% | 1.94% | -1.13% | -2.21% | -2.55% | -1.29% | 2.33% | 4.03% | 5.63% | 6.26% | 6.17% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $99,173K ÷ $1,350,662K
= 7.34%
Yelp Inc's net profit margin has shown fluctuation over the past eight quarters, ranging from a low of 2.94% in Q1 2023 to a high of 7.42% in Q4 2023. The trend indicates some variability in the company's ability to translate revenues into net income. The improving net profit margin in Q4 2023 compared to the previous quarters suggests better cost management or revenue growth efficiency. However, the lower margins in Q1 and Q2 2023 indicate potential challenges in controlling costs or generating higher revenue relative to operating expenses. Further analysis of the underlying factors affecting profitability would provide more insights into Yelp Inc's financial performance and sustainability.
Peer comparison
Dec 31, 2023