---
schema_version: "secwatch.filing_event.v1"
accession: "0001345016-21-000035"
form_type: "8-K"
ticker: "YELP"
cik: "0001345016"
company_name: "YELP INC"
filed_at: "2021-08-05T23:59:59+00:00"
generated_at: "2026-06-29T21:23:43.463571+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Yelp Q2 2021: Revenue $257M (+52% YoY), Record Adj. EBITDA $64M, Guidance Raised

## Summary
- Net revenue $257M (+52% YoY); net income $4M vs loss $24M in Q2 2020.
- Adjusted EBITDA $64M record (+473% YoY, 25% margin); FY21 outlook raised: revenue $1.01B-$1.03B, Adj. EBITDA $200-220M.
- Board authorized $250M stock repurchase increase; total remaining buyback authorization $345M.
- Paying advertising locations 528k (+40% YoY); Services ad revenue 23% above Q2 2019 level.
- Ad clicks +87% YoY, avg CPC -20%; Self-serve revenue nearly doubled YoY and up ~70% vs Q2 2019.

## SEC filing metadata
- accession: 0001345016-21-000035
- form_type: 8-K
- ticker: YELP
- cik: 0001345016
- company_name: YELP INC
- filed_at: 2021-08-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1345016/000134501621000035/0001345016-21-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1345016/000134501621000035/yelp-20210805.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001345016-21-000035
- JSON: https://secwatch.observer/filing/0001345016-21-000035.json
- Plain text: https://secwatch.observer/filing/0001345016-21-000035.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.