Yelp

Q2 FY2026 EarningsQ2 FY26 results beat consensus on both top and bottom lines: revenue was $375.5M vs. $366.9M expected, and GAAP EPS reached $0.57 vs. $0.36 expected. While core local business faced headwinds, 'Other revenue' nearly doubled YoY to $33M, driven by AI-led strategic initiatives and the Hatch acquisition. Despite the quarterly beat, management narrowed the FY26 revenue outlook to $1.46B–$1.47B, slightly tempering aggressive growth expectations amid a challenging economic environment.