Yelp’s Other revenue nearly doubled during the second quarter of 2026, increasing 98% year-over-year to a record $33 million as the company expands beyond its traditional advertising business and pushes deeper into AI-powered local discovery.
The growth significantly outpaced Yelp’s overall business. Total Q2 net revenue increased just 1% to $375.5 million, meaning the acceleration in Other revenue represented one of the company’s strongest areas of expansion during the period.
Yelp’s attached earnings release does not provide a formal line-item breakdown of everything included in the $33 million Other revenue category. However, the company highlighted several businesses and products outside its core advertising model that are expanding its monetization opportunities, including Yelp Host and acquired platforms such as Hatch and RepairPal. The release specifically identifies acquisition and integration costs associated with Hatch in 2026 and RepairPal in the prior year.
Yelp Host, the company’s voice AI product for restaurants, has been scaling rapidly. The attached release also references a company announcement showing Yelp Host has handled more than 1 million calls and expanded into food ordering and OpenTable integration.
The company’s broader AI strategy increasingly involves external platforms as well. Yelp said its trusted local content is now powering local discovery for ChatGPT and other AI partners, creating another distribution channel for its large collection of consumer and business information.
Yelp Assistant also showed early positive signs of increased engagement during the quarter, while management said Hatch accelerated its product roadmap. The company is seeking to combine its authentic human-generated content with AI to move users from local discovery toward actions such as requesting quotes, making reservations, ordering food and scheduling appointments.
Q2 net income was $31.7 million, representing an 8% margin, compared with $44.1 million a year earlier. Adjusted EBITDA declined 9% to $91.4 million, with Adjusted EBITDA margin falling to 24% from 27%. Yelp narrowed its full-year revenue outlook to $1.460 billion to $1.470 billion and Adjusted EBITDA guidance to $315 million to $325 million.
KEY QUOTES:
“Yelp’s AI transformation continued to gain momentum in the second quarter, with encouraging signs across several key metrics and Other revenue nearly doubling year over year. We are seeing the benefits of our strategic initiatives take shape. Yelp Assistant drove early positive signs in engagement, Yelp Host scaled rapidly, and Hatch accelerated their product roadmap.”
“At the same time, our trusted content is powering local discovery for ChatGPT and other AI partners. While headwinds for local businesses persist, I’m confident we are building a stronger Yelp, transformed with AI, that is well-positioned to drive long-term profitable growth.”
Jeremy Stoppelman, Co-Founder And Chief Executive Officer Of Yelp
“In the second quarter, Yelp delivered net revenue of $376 million, $8 million above the high end of our outlook range. Other revenue accelerated from the first quarter, increasing 98% year over year to a record $33 million.”
David Schwarzbach, Chief Financial Officer Of Yelp
