Company / R&D Expense
Yelp, Inc. R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$297.8M
FY2025
5-year range
$265.2M / $320.6M
FY2021-FY2025
Trend
-4.1%
vs FY2024
Sector context
#7 of 27
Communication Services
What the data says
At $298M, Yelp, Inc.'s r&d expense ranks #7 of 27 in the Communication Services sector. Declined from $321M to $298M over the past 2 years.
Based on SEC 10-K filings.
$298M in FY2025 with a 5-year CAGR of +5.3%. Top quartile in the Communication Services sector.
Declined from $321M to $298M over the past 2 years.
Communication Services sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +0.4%
- 5-Year CAGR
- +5.3%
- 10-Year CAGR
- -
Sector benchmark
#7 of 27 in Communication ServicesTop 26% of 27This company $297.8M Sector average $4.7B
▼
-93.6% below sector average
Key checks
Key Insights
- 5-year CAGR of +5.3%, indicating consistent growth.
- In FY2025, r&d expense decreased 4.1% year-over-year.
- Ranks #7 out of 27 companies in the Communication Services sector.
- Peak r&d expense was recorded in FY2023.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
- Strong return on equity: 20.5%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $297.8M | -4.1% |
| FY2024 | $310.5M | -3.2% |
| FY2023 | $320.6M | +8.9% |
| FY2022 | $294.5M | +11.0% |
| FY2021 | $265.2M | +15.3% |
| FY2020 | $230.1M | +2.0% |
| FY2019 | $225.5M | +9.6% |
| FY2018 | $205.8M | +20.2% |
| FY2017 | $171.2M | +28.6% |
| FY2016 | $133.1M | +27.1% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026