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
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.
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