---
schema_version: "secwatch.filing_event.v1"
accession: "0001345016-22-000059"
form_type: "8-K"
ticker: "YELP"
cik: "0001345016"
company_name: "YELP INC"
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T08:24:36.524557+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Yelp Q3 revenue record $309M (+15% YoY); net income down 50%; narrows FY outlook

## Summary
- Record net revenue of $309M, up 15% YoY; net income of $9M vs $18M; diluted EPS $0.13 vs $0.23.
- Adjusted EBITDA record $74M (+5% YoY); margin 24% vs 26% a year ago.
- Services ad revenue $181M (+15% YoY) with Home Services growth accelerating to ~25% YoY.
- Paying ad locations record 572k (+7% YoY); Self-serve and Multi-location revenue each up ~25%.
- Full-year outlook narrowed: net revenue $1.185B-$1.195B, Adj. EBITDA $265M-$275M; $250M buyback increase authorized.

## SEC filing metadata
- accession: 0001345016-22-000059
- form_type: 8-K
- ticker: YELP
- cik: 0001345016
- company_name: YELP INC
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1345016/000134501622000059/0001345016-22-000059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1345016/000134501622000059/yelp-20221103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001345016-22-000059
- JSON: https://secwatch.observer/filing/0001345016-22-000059.json
- Plain text: https://secwatch.observer/filing/0001345016-22-000059.txt

## Key facts
- Earnings Releases
  YELP INC reported third quarter ended September 30, 2022 results: revenue $309 million, net income $9 million, EPS $0.13 per diluted share. Guidance lowered.
  - Period: third quarter ended September 30, 2022
  - Revenue: $309 million
  - Net income: $9 million
  - EPS: $0.13 per diluted share
  - Guidance: lowered
  - Result: reported results
  source text: language in such filing. --- EX-99.1 (EX-99.1) --- Yelp Reports Record Net Revenue in the Third Quarter 2022 Third quarter Net revenue increased by 15% year over year to $309 million, resulting in Net income of $9 million Adjusted EBITDA increased to record $74 million Narrows full-year outlook to $1.185 billion to $1.195 billion of Net revenue and $265
  evidence_url: https://www.sec.gov/Archives/edgar/data/1345016/000134501622000059/0001345016-22-000059-index.htm

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