Yelp Q2 FY26 net income drops 28% to $32 million; revenue rises 1% to $376 million

Yelp posted second-quarter FY26 net revenue up 1% year over year to $376 million.

Net income fell 28% to $32 million, an 8% margin.

Adjusted EBITDA dropped 9% to $91 million, a 24% margin.

Other revenue nearly doubled, rising 98% to a record $33 million.

Yelp narrowed its 2026 net revenue outlook to $1.46 billion to $1.47 billion.

Its adjusted EBITDA forecast was tightened to $315 million to $325 million.