Yelp Q2 revenue $376M (+1% YoY); net income $32M; narrows FY2026 guidance

YELP INC

Net revenue $376M (+1% YoY); net income $32M (8% margin); adjusted EBITDA $91M (-9% YoY, 24% margin).
Other revenue nearly doubled to $33M (+98% YoY), driven by AI initiatives and partnerships.
Narrows FY2026 net revenue outlook to $1.460-1.470B; adjusted EBITDA to $315-325M.
CEO cites AI transformation momentum: Yelp Assistant, Yelp Host, Hatch, and ChatGPT integration.
Revenue $8M above high end of Q2 outlook; consumer and local business headwinds persist.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.