YELP INC. YELP Income Statement

Yelp inc. (YELP)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
Net revenue
249,901	268,823	262,474	246,955	235,942	243,740	241,096	234,863	223,074	219,441	223,287	209,945	198,174	197,790	186,232	173,428	158,613	153,731	143,559	133,913	118,508	109,887	102,455	88,787	76,407	70,651	61,181	55,023	46,133	41,158	36,371	32,653	27,385	24,905	22,302	19,578	16,500
Costs and expenses:
Cost of revenue (exclusive of depreciation and amortization shown separately below)
16,847	16,656	16,514	14,975	14,265	14,255	14,177	14,708	14,732	16,236	19,312	18,056	16,914	15,604	14,594	15,087	15,078	15,000	14,259	13,057	8,699	7,286	6,174	5,845	5,077	4,926	4,277	4,018	3,340	3,003	2,501	2,298	2,126	1,833	1,537	1,285	1,276
Sales and marketing
137,297	126,370	127,655	122,045	124,316	121,256	121,759	120,653	119,641	111,013	112,958	104,921	108,532	90,591	99,274	94,402	95,628	87,535	82,949	68,014	63,266	53,580	54,551	47,798	45,121	38,847	34,126	30,803	28,194	25,510	21,302	20,333	18,770	16,024	14,897	12,347	11,271
Product development
67,113	61,138	56,661	54,566	58,075	54,273	53,764	52,789	51,493	47,994	45,834	42,088	39,871	36,860	36,369	33,098	32,222	28,970	28,511	26,345	23,960	19,076	17,397	14,726	13,982	11,802	11,208	7,997	7,236	6,244	5,753	4,336	4,140	3,162	3,444	2,661	2,319
General and administrative
43,536	34,164	39,703	30,932	31,292	29,677	30,302	28,583	32,007	27,898	27,601	27,042	27,166	30,366	24,876	23,464	21,769	20,659	20,990	19,280	19,937	16,662	15,185	13,257	13,170	13,460	10,535	10,148	8,764	7,852	6,987	5,963	10,729	5,267	4,766	3,584	3,617
Depreciation and amortization
12,358	12,849	12,391	12,240	11,876	11,557	10,713	10,509	10,028	9,729	10,656	10,662	10,151	9,434	9,159	8,564	8,189	7,980	7,562	7,167	6,895	5,291	4,604	4,034	3,661	3,524	2,816	2,637	2,478	2,421	1,780	1,661	1,361	1,448	1,047	924	819
Restructuring and integration
-	-	-	-	-	-	-	-	-	13	35	21	231	3,455	0	0	0	-	-	-	-	-	-	-	-	0	0	0	675	-	-	0	0	-	-	-	-
Total costs and expenses
277,151	251,177	252,924	234,758	239,824	231,018	230,715	227,242	227,901	49,174	216,396	202,790	202,865	186,310	184,272	174,615	172,886	160,144	154,271	133,863	122,757	101,895	97,911	85,660	81,011	72,559	62,962	55,603	50,687	46,292	38,323	34,591	37,126	33,662	25,691	20,801	19,302
Loss from operations
-27,250	17,646	9,550	12,197	-3,882	12,722	10,381	7,621	-4,827	170,267	6,891	7,155	-4,691	11,480	1,960	-1,187	-14,273	-6,413	-10,712	50	-4,249	7,992	4,544	3,127	-4,604	-1,908	-1,781	-580	-4,554	-5,134	-1,952	-1,938	-9,741	-8,757	-3,389	-1,223	-2,802
Other income, net
2,383	2,611	3,063	3,891	4,691	4,160	3,921	3,424	2,604	1,897	1,371	864	732	742	327	367	258	40	-545	329	562	38	200	-15	-2	-109	-31	-66	-201	-204	-14	22	-30	-252	-326	75	108
(Loss) income before income taxes
-24,867	20,257	12,613	16,088	809	16,882	14,302	11,045	-2,223	172,164	8,262	8,019	-3,959	12,222	2,287	-820	-14,015	-6,373	-11,257	379	-3,687	8,030	4,744	3,112	-4,606	-2,017	-1,812	-646	-4,755	-5,338	-1,966	-1,916	-9,771	-9,009	-3,715	-1,148	-2,694
Benefit from income taxes
9,400	3,105	2,552	3,785	600	-15,064	-684	341	63	31,074	232	118	67	1,000	217	-1,269	1,437	15,856	-3,175	1,684	-2,403	-24,698	1,107	369	-1,971	52	510	232	44	-20	45	66	31	37	36	17	12
Accretion of redeemable convertible preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	0	0	31	48	47	47	47
Net income (loss) attributable to common stockholders (Class A and B)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5,319	-2,011	-1,982	-9,833	-9,094	-3,798	-1,212	-2,753
Net (loss) income attributable to common stockholders
-15,503	17,152	10,061	12,303	1,365	31,946	14,986	10,704	-2,286	141,090	8,030	7,901	-4,026	11,222	2,070	449	-15,452	-22,229	-8,082	-1,305	-1,284	-	3,637	2,743	-2,635	-	-2,322	-878	-4,799	-5,318	-2,011	-1,982	-9,802	-9,046	-3,751	-1,165	-2,706
Net (loss) income per share attributable to common stockholders
Basic (in USD per share)
-0.22	0.24	0.14	0.16	0.02	0.39	0.18	0.13	-0.03	1.72	0.10	0.10	-0.05	0.14	0.03	0.01	-0.20	-0.29	-0.11	-0.02	-0.02	0.46	0.05	0.04	-0.04	-0.02	-0.04	-0.01	-0.08	0.02	-0.03	-0.03	-0.31	-0.59	-0.24	-0.08	-0.19
Diluted (in USD per share)
-0.22	0.24	0.14	0.16	0.02	0.37	0.17	0.12	-0.03	1.63	0.09	0.09	-0.05	0.15	0.02	0.01	-0.20	-0.29	-0.11	-0.02	-0.02	0.43	0.05	0.04	-0.04	-0.02	-0.04	-0.01	-0.08	0.02	-0.03	-0.03	-0.31	-0.59	-0.24	-0.08	-0.19
Weighted-average shares used to compute net (loss) income per share attributable to common stockholders
Basic (in shares)
71,548	70,627	70,773	75,601	81,772	82,706	84,008	83,769	83,785	83,310	82,259	80,996	79,843	78,872	77,521	76,467	75,884	75,398	75,019	74,631	73,684	72,664	72,195	71,714	71,171	132,490	65,530	64,576	63	155,236	61,267	60	31	16,115	15,511	14,985	14,553
Diluted (in shares)
71,548	72,987	73,712	78,530	85,087	86,287	88,724	88,651	83,785	96,544	87,433	84,860	79,843	70,663	82,917	79,280	75,884	75,398	75,019	74,631	73,684	81,325	77,296	77,056	71,171	132,490	65,530	64,576	63	155,236	61,267	60	31	16,115	15,511	14,985	14,553