Yelp Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $145.6M | $132.9M | $99.2M | $36.3M | $39.7M | $-19.4M | $40.9M | $55.4M |
| Depreciation & Amortization | $50.1M | $40.4M | $42.2M | $44.9M | $55.7M | $50.6M | $49.4M | $42.8M |
| Depreciation | — | — | — | — | — | $48.0M | $46.1M | $39.3M |
| Amortization | $9.9M | $2.8M | $1.4M | $1.7M | $2.8M | $2.6M | $3.3M | $3.5M |
| Stock-Based Compensation | $134.0M | $158.2M | $173.5M | $156.1M | $151.7M | $124.6M | $121.5M | $114.4M |
| Net Cash from Operating Activities | $372.0M | $285.8M | $306.3M | $192.3M | $212.7M | $176.7M | $204.8M | $160.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $48.4M | $37.3M | $26.8M | $32.0M | $28.3M | $32.0M | $37.5M | $45.0M |
| Business Acquisitions | $0 | $66.2M | $0 | $0 | — | — | $0 | $0 |
| Net Cash from Investing Activities | $-45.7M | $-77.3M | $-54.7M | $-126.1M | $-27.7M | $248.4M | $124.3M | $-164.4M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $290.9M | $250.9M | $200.0M | $200.0M | $262.9M | $24.4M | $481.0M | $187.4M |
| Net Cash from Financing Activities | $-330.0M | $-303.8M | $-246.8M | $-237.5M | $-300.5M | $-21.1M | $-491.5M | $-207.7M |
| Net Change in Cash | $-1.4M | $-96.3M | $6.9M | $-173.5M | $-115.9M | $404.2M | $-162.5M | $-211.6M |
| Free Cash Flow | $323.7M | $248.5M | $279.4M | $160.3M | $184.4M | $144.7M | $167.3M | $115.2M |