Yelp, Inc.
S&P 600
Cash Flow
Cash Flow Breakdown
Figures in US$OperatingInvestingFinancing
How to read this: the three bars show where cash moved each year. Operating is cash from the core business (you generally want this positive and growing). Investing is usually negative — money spent on assets or acquisitions. Financing shows money raised from, or returned to, lenders and shareholders. Bars above the line are cash in; bars below are cash out.
Operating Cash Flow vs Capex
Figures in US$Operating Cash FlowCapital Expenditure
How to read this: operating cash flow is the cash the business generated; capital expenditure is what it spent on long-term assets like plant and equipment. The gap between them is roughly free cash flow — the cash left over. A wide gap (operating well above capex) means the business funds its investment comfortably from its own earnings.
| Period | Operating Cash Flow | Investing Cash Flow | Financing Cash Flow | Capital Expenditure |
|---|---|---|---|---|
| FY2014 | $57.93M | $-228.67M | $29.55M | $29.05M |
| FY2015 | $57.36M | $-158.68M | $26.44M | $31.13M |
| FY2016 | $126.90M | $-54.74M | $29.52M | $22.99M |
| FY2017 | $167.65M | $81.14M | $27.16M | $30.25M |
| FY2018 | $160.19M | $-164.37M | $-207.75M | $44.97M |
| FY2019 | $204.78M | $124.34M | $-491.52M | $37.52M |
| FY2020 | $176.70M | $248.36M | $-21.05M | $32.00M |
| FY2021 | $212.66M | $-27.65M | $-300.49M | $28.28M |
| FY2022 | $192.31M | $-126.14M | $-237.53M | $31.98M |
| FY2023 | $306.28M | $-54.68M | $-246.78M | $26.85M |
| FY2024 | $285.82M | $-77.27M | $-303.80M | $37.35M |
| FY2025 | $372.03M | $-45.65M | $-330.05M | $48.35M |
Figures in USD. Educational data only.
Understanding these terms
Plain-English explanations of each figure in the table above, and what a beginner typically looks at. These are educational descriptions only, not advice.
- Operating Cash Flow
- Cash produced by the company's core operations during the period. The US equivalent of "Cash from Operating Activity".How a beginner reads it: A beginner uses this as a reality check on profit, since it reflects cash actually collected. Healthy, consistent operating cash flow underpins a company's ability to invest and repay debt.
- Investing Cash Flow
- Cash used for or generated by buying and selling long-term assets and investments. The US equivalent of "Cash from Investing Activity".How a beginner reads it: A beginner expects this to be negative for companies investing in growth. Reading it next to operating cash flow shows whether the business funds its investments from its own earnings.
- Financing Cash Flow
- Cash flows with lenders and shareholders — borrowing, repaying, issuing shares, buybacks, and dividends. The US equivalent of "Cash from Financing Activity".How a beginner reads it: A beginner reads this to understand whether the company is taking in money (borrowing/issuing) or paying it out (repaying/dividends), and how that fits the operating picture.
- Capital Expenditure
- Money spent on buying or upgrading long-lived assets like plant, equipment, and buildings. Often shortened to "capex".How a beginner reads it: A beginner reads capex against operating cash flow to see whether a company funds its investment from its own earnings. Operating cash flow minus capex is roughly free cash flow.