Yext, Inc. YEXT
Yext, Inc. ("Yext," the "Company," "we," "us" or "our") empowers businesses to manage their knowledge so they can deliver relevant, actionable answers to consumer questions as well as consistent, accurate and engaging experiences to customers throughout the digital ecosystem. Our digital presence platform (also known as the Answers Platform) lets businesses structure and organize information about their brands in our Knowledge Graph (previously known as Yext Content), which is then delivered across first- and third-party websites and applications through our network of over 200 service and application providers, which we refer to as our Publisher Network. These publishers include among others, Amazon Alexa, Apple, Bing, Facebook, Gemini, Google, OpenAI, and Yelp. Our platform powers all of our key products, including Listings, Reviews, Pages, Search, Social, Relate, and Scout, each with robust analytics capabilities for businesses to easily track performance across customer experiences. It is our mission to empower businesses to easily manage every aspect of their digital presence to make meaningful connections with their customers across every digital touchpoint.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- North America
- International
| Region | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| North America | $361.6M | $336.3M | $318.5M |
| International | $85.0M | $84.6M | $85.8M |
As the company reported it, from the “Revenue -Schedule of Disaggregation of Revenue (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $446.6M | $421.0M | $404.3M | $400.9M | $390.6M | $354.7M | $298.8M | $228.3M | $170.2M | $124.3M |
| Cost of revenue | $114.1M | $96.4M | $87.5M | $104.0M | $98.3M | $86.4M | $77.0M | $57.4M | $44.1M | $37.0M |
| Gross profit | $332.5M | $324.6M | $316.9M | $296.9M | $292.3M | $268.3M | $221.8M | $170.9M | $126.1M | $87.3M |
| R&D | $89.9M | $77.2M | $72.0M | $70.9M | $68.3M | $58.1M | $49.4M | $36.1M | $25.7M | $19.3M |
| SG&A | $63.3M | $105.1M | $72.2M | $79.3M | $83.4M | $76.0M | $77.2M | $51.6M | $40.1M | $29.2M |
| Total operating expenses | $288.0M | $357.0M | $323.1M | $361.7M | $382.2M | $362.6M | $344.8M | $246.5M | $192.7M | $130.0M |
| Operating income | $44.5M | -$32.4M | -$6.2M | -$64.8M | -$90.0M | -$94.3M | -$123.0M | -$75.6M | -$66.6M | -$42.7M |
| Interest expense | $7.6M | $967.0K | $470.0K | $589.0K | $544.0K | $614.0K | $308.0K | $143.0K | $359.0K | $150.0K |
| Pre-tax income | $40.1M | -$28.1M | -$338.0K | -$63.9M | -$92.0M | -$94.6M | -$120.4M | -$74.6M | -$66.4M | -$43.1M |
| Income tax | $2.3M | $110.0K | $2.3M | $2.1M | $1.3M | $97.0K | $1.1M | $222.0K | $162.0K | $68.0K |
| Net income | $38.0M | -$28.0M | -$3.0M | -$66.0M | -$93.0M | -$94.7M | -$121.5M | -$74.8M | -$66.6M | -$43.1M |
| EPS, basic | 0.31 | -0.22 | -0.02 | -0.53 | -0.73 | -0.79 | — | — | — | — |
| EPS, diluted | 0.07 | -0.22 | -0.02 | -0.53 | -0.73 | -0.79 | -1.09 | -0.76 | -0.85 | -1.39 |
| Shares, diluted (wtd. avg.) | 129.9M | 126.9M | 124.1M | 125.3M | 127.8M | 119.7M | — | — | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $154.1M | $123.1M | $210.2M | $190.2M | $261.2M | $230.4M | $268.2M | $91.8M | $34.4M | $24.9M |
| Short-term investments | — | — | — | — | — | — | $0 | $51.0M | $84.0M | — |
| Receivables | $120.6M | $112.9M | $108.2M | $109.7M | $101.6M | $97.5M | $80.6M | $55.3M | $44.7M | $27.6M |
| Total current assets | $317.8M | $285.8M | $359.9M | $346.6M | $410.4M | $376.2M | $377.8M | $230.1M | $180.0M | $61.8M |
| Property, plant and equipment | $30.1M | $39.7M | $48.5M | $62.1M | $74.6M | $80.3M | $26.2M | $11.1M | $11.4M | $11.6M |
| Goodwill | $110.8M | $96.8M | $4.5M | $4.5M | $4.6M | $4.8M | $4.5M | $4.7M | $4.9M | $4.4M |
| Other intangibles | $85.1M | $94.2M | $168.0K | $193.0K | $200.0K | $767.0K | $1.3M | $2.0M | $2.8M | $3.1M |
| Total assets | $621.8M | $610.1M | $508.8M | $523.8M | $620.3M | $596.0M | $563.6M | $267.1M | $203.5M | $86.5M |
| Accounts payable | $5.8M | $4.8M | $7.4M | $7.3M | $9.2M | $13.0M | $9.6M | $8.0M | $4.3M | $5.3M |
| Total current liabilities | $296.8M | $344.7M | $267.8M | $290.9M | $290.7M | $260.2M | $244.9M | $179.8M | $118.2M | $83.7M |
| Long-term debt | $98.0M | $0 | — | — | — | — | — | — | $0 | $5.0M |
| Total liabilities | $462.4M | $456.9M | $361.6M | $395.7M | $408.5M | $388.8M | $362.4M | $182.6M | $122.0M | $93.6M |
| Retained earnings | -$669.2M | -$707.1M | -$679.2M | -$676.5M | -$610.6M | -$517.3M | -$422.7M | -$301.1M | -$233.4M | -$166.9M |
| Total equity | $159.4M | $153.2M | $147.2M | $128.0M | $211.9M | $207.2M | $201.2M | $84.5M | $81.5M | -$127.8M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $55.8M | $50.2M | $46.2M | $17.9M | $21.8M | $1.2M | -$30.8M | $5.2M | -$32.4M | -$13.5M |
| Depreciation and amortisation | $10.7M | $11.4M | $15.8M | $17.6M | $16.2M | $10.0M | $7.5M | $6.2M | $4.4M | $3.3M |
| Stock-based compensation | $48.7M | $51.8M | $45.0M | $63.1M | $73.5M | $72.3M | $67.8M | $44.2M | $22.4M | $9.9M |
| Capital expenditure | $2.6M | $2.1M | $2.7M | $6.2M | $13.4M | $65.1M | $11.9M | $5.3M | $3.7M | $3.5M |
| Investing cash flow | -$21.4M | -$91.5M | -$2.7M | -$6.2M | -$13.4M | -$65.1M | $39.3M | $28.1M | -$88.1M | -$3.8M |
| Financing cash flow | -$9.5M | -$28.5M | -$23.3M | -$79.0M | $24.6M | $22.5M | $168.4M | $24.4M | $129.6M | $6.0M |
| Buybacks | $67.4M | $17.9M | $23.1M | $77.2M | $0 | $0 | — | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-027491.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $124.3M | $170.2M | $228.3M | $298.8M | $354.7M | $390.6M | $400.9M | $404.3M | $421.0M | $446.6M |
| Gross profit | $87.3M | $126.1M | $170.9M | $221.8M | $268.3M | $292.3M | $296.9M | $316.9M | $324.6M | $332.5M |
| Net income | -$43.1M | -$66.6M | -$74.8M | -$121.5M | -$94.7M | -$93.0M | -$66.0M | -$3.0M | -$28.0M | $38.0M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Officer or director change Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Officer or director change Item 5.02
- Other event Item 8.01
- Results announced Item 2.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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