Yelp (FRA:Y9L) Research & Development: €264 Mil (TTM As of Mar. 2026)


FRA:Y9L Yelp Inc FRA:Y9L
72 GF Score
Price €19.96
GF Value €36.91
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Yelp Research & Development?

Yelp FRA:Y9L -3.74% 72 Research & Development is €264 Mil as of Mar. 2026. GuruFocus rates FRA:Y9L with a GF Score™ of 72/100 and a GF Value™ of €36.91 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Yelp's Research & Development for the three months ended in Mar. 2026 was €67 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was €264 Mil.

Yelp  (FRA:Y9L) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Yelp Research & Development Related Terms

Yelp Research & Development Historical Data

* Premium members only.

The historical data trend for Yelp's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Yelp Research & Development Chart

Yelp Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 244.68 288.45 304.97 311.32 267.89

Yelp Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 77.61 67.94 66.57 62.59 66.74
FRA:Y9L
72GF Score
Yelp Inc FRA:Y9L
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Yelp Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €264 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of €264 Mil mean?
Yelp (FRA:Y9L) has a Research & Development of €264 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Yelp and its competitors.
Is Yelp's Research & Development too high?
Yelp's current Research & Development is €264 Mil. Overall, Yelp has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Yelp's Research & Development compare to TBLA and UPWK?
Yelp's Research & Development of €264 Mil can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for an Interactive Media company?
A good Research & Development depends on the Interactive Media industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Yelp and its competitors. Yelp's current Research & Development is €264 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yelp stock overvalued right now?
Based on GuruFocus' analysis, Yelp (FRA:Y9L) is currently considered Significantly Undervalued. The stock's GF Value™ is €36.91, compared to a current price of €19.96 — trading 45.9% below its estimated fair value. The current Research & Development is €264 Mil. Yelp's overall GF Score™ is 72/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Yelp (FRA:Y9L), the current Research & Development is €264 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Yelp (FRA:Y9L) Overvalued in 2026?

Based on GuruFocus' analysis, Yelp stock appears to be undervalued. The current stock price of €19.96 is trading 45.9% below its estimated GF Value™ of €36.91. GuruFocus considers Yelp to be Significantly Undervalued.

Key valuation signals for FRA:Y9L:

  • Research & Development: €264 Mil
  • GF Value™: €36.91 vs. price of €19.96 (45.9% below fair value)
  • GF Score™: 72/100 with 2 warning signs

No single metric tells the full story. See the FRA:Y9L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Yelp Business Description

Address 350 Mission Street, 10th Floor, San Francisco, CA, USA, 94105
Yelp Inc operates in the online content market based in the United States. It provides a web-based platform and mobile application to bridge the gap between businesses and consumers. The platform assists consumers through product reviews, tips, photos and videos thereby enabling them in making appropriate buying decisions and posting their feedbacks. Its products and services includes Advertising Products and Business Page Products. In addition, it also lets the buyers directly transact with businesses directly through its platform. Yelp generates revenue mainly from the sale of advertising on its website and mobile app to businesses. The company generates majority of the revenue from United States, and also has its presence in other countries.
72GF Score

Get the complete analysis for FRA:Y9L

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€19.96
Price
€36.91
GF Value