---
schema_version: "secwatch.filing_event.v1"
accession: "0001345016-23-000004"
form_type: "8-K"
ticker: "YELP"
cik: "0001345016"
company_name: "YELP INC"
filed_at: "2023-02-09T23:59:59+00:00"
generated_at: "2026-06-19T19:43:15.135910+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Yelp reports record revenue $1.19B in 2022, Q4 revenue +13%; adopts 1.4M share inducement plan

## Summary
- Full year 2022 net revenue $1.19B (+16% YoY), net income $36M, adjusted EBITDA record $270M.
- Q4 2022 revenue $309M (+13% YoY), adj. EBITDA $80M (+18% YoY, margin 26%), EPS $0.28 diluted.
- Services ad revenue $694M, RR&O ad revenue $441M (+17%); Self-serve and Multi-location channels each grew ~25%.
- FY2023 outlook: net revenue $1.29B-$1.31B, adj. EBITDA $290M-$310M.
- Board adopted 2023 Inducement Award Plan reserving 1.4M shares for new hires.

## SEC filing metadata
- accession: 0001345016-23-000004
- form_type: 8-K
- ticker: YELP
- cik: 0001345016
- company_name: YELP INC
- filed_at: 2023-02-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1345016/000134501623000004/0001345016-23-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1345016/000134501623000004/yelp-20230206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001345016-23-000004
- JSON: https://secwatch.observer/filing/0001345016-23-000004.json
- Plain text: https://secwatch.observer/filing/0001345016-23-000004.txt

## Key facts
- Earnings Releases
  YELP INC updated its the fourth quarter and full year ended December 31, 2022 guidance (reaffirmed).
  - Period: the fourth quarter and full year ended December 31, 2022
  - Guidance: reaffirmed
  - Result: reported results
  source text: On February 9, 2023, Yelp Inc. (the “Company”) announced its financial results for the fourth quarter and full year ended December 31, 2022 by issuing a Letter to Shareholders (the “Letter”) and a press release.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1345016/000134501623000004/0001345016-23-000004-index.htm

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