David Schwarzbach

Chief Financial Officer, YELP INC

Search every verified David Schwarzbach interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Yelp CFO David Schwarzbach stated that the company achieved its 10th consecutive quarter of double-digit revenue growth, calling it "the best quarter in the company's history" and expressing confidence that Yelp is "set up to have the best year in the company's history." He attributed this performance to a shift from a sales headcount-driven growth model to a product-led growth model, which he said is "paying off." Schwarzbach noted that services revenue grew 14% in the third quarter, with home services up 20%, and said the company believes it is "taking market share" while achieving a record adjusted EBITDA margin of 28%. Schwarzbach said that despite a "challenging environment for digital advertising" and high inflation, consumers are "doing even more research than ever before" before making purchase decisions. He described Yelp's users as "high intent," "affluent," and often college-educated, and emphasized the company's focus on being a "trusted brand" for reviews, particularly in services. When asked about Yelp's market capitalization being half of its 2014 peak, Schwarzbach said the company has "transformed" over the past five years and that the product-led model will enable "profitable growth for the long term."