Amara Carmen sold $11K of YELP

Yelp's stock rose 3% on AI partnerships, including OpenAI, offsetting weak local advertising. Q2 revenue grew 1.4% to $375.5M, with AI-related 'other revenue' doubling. Net income fell 28% due to increased AI spending. The company narrowed 2026 revenue guidance and paused share buybacks.

Yelp (YELP) reported Q2 2026 net revenue of $376 million (+1% YoY) and net income of $32 million (-28% YoY). Adjusted EBITDA was $91 million (-9% YoY). Services ad revenue was flat, RR&O ad revenue fell 10%, and Other revenue rose 98%. Management narrowed FY revenue guidance to $1.460B-$1.470B and paused buybacks to pay down debt after the Hatch acquisition.

Yelp (YELP) shares rose about 7.8% to $26.99 after the company reported Q2 results that beat expectations. Revenue was $375.5M (vs. ~$366.7M expected) and GAAP EPS was 57 cents. Yelp highlighted 75% YoY growth in its AI-driven “other revenue” segment to $29M, while core advertising remained pressured. Full-year 2026 revenue guidance stayed near $1.47B.

Yelp (NYSE:YELP) reported Q2 CY2026 revenue of $375.5 million, up 1.4% year over year, beating Wall Street expectations. The company forecast full-year revenue around $1.47 billion. GAAP profit was $0.57 per share, 56.7% above consensus. Free cash flow was $61.07 million.

YELP INC (YELP) filed an SEC Form 8-K — Results of Operations and Financial Condition. EXHIBIT 99.1 Yelp Reports Second Quarter 2026 Results Net Revenue increased by 1% year over year to $376 million Net Income decreased from the prior year to $32 million, reflecting an 8% margin Adjusted EBITDA 1 decreased 9% year over year to $91 million, reflecting a 24% margin

Yelp Inc. shares rose 4.2% to $27.51 in morning trading after the company said its AI phone answering product, Yelp Host, surpassed 1 million calls. Yelp added phone food ordering and integrated reservations with OpenTable in the US and Canada, expanding to 16 languages. Yelp also cited its non-exclusive OpenAI data licensing deal. Next earnings are Aug. 6.