secwatch.observer — SEC 8-K summary
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Issuer:     YELP INC (YELP)
CIK:        0001345016
Form:       8-K
Filed at:   2026-08-06T20:06:59+00:00
Accession:  0001345016-26-000059
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1345016/000134501626000059/0001345016-26-000059-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1345016/000134501626000059/yelp-20260806.htm
  HTML page:      https://secwatch.observer/filing/0001345016-26-000059

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer