Yelp Cuts Revenue Forecast as Advertising Stays Under Pressure

Yelp now expects full-year net revenue of $1.455 billion to $1.46 billion, below its previous forecast of $1.46 billion to $1.47 billion and Wall Street analysts’ $1.47 billion estimate, as advertising remains pressured.

November 6, 2026, 01:12 AM 873 0

The revised outlook followed third-quarter profit of $34.6 million, or 63 cents a share. A year earlier, Yelp reported profit of $39.3 million, or 61 cents a share.

Revenue fell 1% to $370.9 million. Chief Executive Officer Jeremy Stoppelman said the company expects consumers and local businesses to continue facing a challenging economic environment.

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