Yelp Reports First Quarter 2026 Results, Advances AI Transformation
Yelp reported Q1 revenue of $361 million, up 1% year-over-year, and an adjusted EBITDA margin of 22%, both exceeding the high end of the company's internal outlook despite a challenging macro environment. 'Other revenue' surged 75% to a record $29 million, driven by the company's new AI products like Yelp Assistant and Yelp Host, which management believes will support a target of $250 million in annual other revenue run rate by the end of 2028.
Key figures
- Eps
- 0.3
- Revenue
- 361457000
- Guidance
- FY26 Net Revenue $1.455B-$1.475B, Adjusted EBITDA $310M-$330M
- Revenue Yoy
- 1%
- Fcf
- 45156000
- Adj ebitda
- 79354000
- Net income
- 17735000
- Other revenue
- 29000000
- Adj ebitda margin
- 22%
AI analysis
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