YELP INC
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $850.8M | $716.1M | $549.7M | $377.5M | $233.0M | $137.6M | $83.3M | $47.7M |
| Cost of Revenue | $70.5M | $60.4M | $51.0M | $24.4M | $16.6M | $9.9M | $5.9M | $3.1M |
| Gross Profit | $780.3M | $655.7M | $498.7M | $353.2M | $216.4M | $127.6M | $77.4M | $44.6M |
| Gross Margin | 91.7% | 91.6% | 90.7% | 93.5% | 92.9% | 92.8% | 92.9% | 93.4% |
| Operating Expenses | ||||||||
| Research & Development | $171.2M | $133.1M | $104.7M | $65.2M | $38.2M | $20.5M | $11.6M | $6.6M |
| SG&A Expense | $109.7M | $100.5M | $80.9M | $58.3M | $42.9M | $31.5M | $17.2M | $11.3M |
| Operating Income | $179.6M | $-2.0M | $-21.3M | $11.1M | $-8.8M | $-18.8M | $-16.2M | $-9.5M |
| Operating Margin | 21.1% | -0.3% | -3.9% | 2.9% | -3.8% | -13.6% | -19.4% | -19.9% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $184.5M | $-326.0K | $-20.9M | $11.3M | $-9.2M | $-19.0M | $-16.6M | $-9.5M |
| Income Tax Expense | $31.5M | $1.4M | $12.0M | $-25.2M | $838.0K | $122.0K | $102.0K | $75.0K |
| Net Income | $153.0M | $-1.7M | $-32.9M | $36.5M | $-10.1M | $-19.1M | $-16.7M | $-9.6M |
| Net Margin | 18.0% | -0.2% | -6.0% | 9.7% | -4.3% | -13.9% | -20.0% | -20.0% |
| EPS (Basic) | $1.87 | $-0.02 | $-0.44 | $0.51 | $-0.15 | $-0.35 | $-0.28 | $-0.18 |
| EPS (Diluted) | $1.76 | $-0.02 | $-0.44 | $0.48 | $-0.15 | $-0.35 | $-0.28 | $-0.18 |
| Shares Outstanding (Basic) | 81.6M | 77.2M | 74.7M | 71.9M | 65.7M | 54.1M | 61.2M | 55.1M |
| Shares Outstanding (Diluted) | 87.2M | 77.2M | 74.7M | 76.7M | 65.7M | 54.1M | 61.2M | 55.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |