10-Q · June 2, 2026
Yext's Q1 fiscal year 2027 results revealed a revenue of $107.9 million, slightly below last year’s $109.5 million. However, net income increased significantly to $2.6 million from $0.8 million, driven by reduced…
Earnings analysis · 10-Q
YEXT earnings analysis
Filed September 1, 2026 · Our reading of the company's report
The latest report
Yext generated $111.103 million of revenue and reported $0.21 of EPS, beating the $0.16 EPS consensus but falling $1.97 million short of revenue expectations. Profitability improved materially, with gross margin of…
Read full summary
Yext generated $111.103 million of revenue and reported $0.21 of EPS, beating the $0.16 EPS consensus but falling $1.97 million short of revenue expectations. Profitability improved materially, with gross margin of 75.2% and operating margin of 26.2%, although the filing indicates that six-month revenue declined 2% year over year. Liquidity is the principal concern: the company held $86.8 million of cash against $147.7 million of outstanding debt after completing $140.0 million of Tender Offer repurchases, while management provided no numeric forward guidance.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
From revenue to operating profit
Where each $100 of revenue went in this report.
Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.21
What stood out
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Revenue Remains Essentially Flat
Revenue was $111.103 million, approximately 3% above the prior quarter's $108 million, but below the $113 million comparable period shown in the quarterly history. Revenue was also $1.97 million below the $111.3 million consensus estimate.
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Operating Margin Expanded
Gross margin was 75.2%, up from 73.0% in the prior quarter but below the 76.8% level shown for the earlier comparable period. Operating margin expanded sharply to 26.2% from 5.2% in the prior quarter.
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EPS Beat Consensus
Reported EPS was $0.21 versus the $0.16 consensus estimate, a $0.05 beat. The filing also reports net income of $15.8 million for the six months ended July 31, 2026.
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Liquidity and Debt Disclosed
Cash and cash equivalents totaled $86.8 million as of July 31, 2026, while outstanding debt was $147.7 million and the principal amount was $150.0 million under the May 2025 Credit Agreement.
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Significant Capital Return
The company repurchased 24,347,825 shares for $140.0 million in the Tender Offer and 1,817,696 shares under the share repurchase program during the six months ended July 31, 2026; approximately $106.2 million remained available under the program.
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Controls Remained Effective
Management concluded that disclosure controls and procedures were effective as of July 31, 2026, and reported no changes during the six months ended July 31, 2026 that materially affected, or were reasonably likely to materially affect, internal control over financial reporting.
What to watch
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Debt Exceeds Cash
Cash of $86.8 million was below outstanding debt of $147.7 million, creating a net debt position of approximately $60.9 million before other balance-sheet items. A 1% change in interest rates would affect annual interest expense by approximately $1.5 million.
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Capital Returns Reduce Liquidity
The company repurchased 24,347,825 shares for $140.0 million in the Tender Offer and had repurchased 30,747,993 shares for $193.8 million under the share repurchase program as of July 31, 2026. The filing warns that repurchases diminish cash reserves and may increase leverage.
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Revenue Contraction Risk
Revenue decreased 2% from the six months ended July 31, 2025 to the six months ended July 31, 2026. Management also states that growth could slow further or contract, and that the June 2024 cost-cutting plan may limit organic growth.
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Integration and Acquisition Risk
The company acquired GoShine AI Ltd. on June 14, 2026, following the Hearsay acquisition on August 1, 2024 and Places Scout acquisition on February 7, 2025. Management warns that acquisitions may require additional debt or equity, create integration costs and result in impairment charges if expected returns are not achieved.
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Publisher Network Dependency
The company states that more than 200 third-party service and application providers comprise its Publisher Network. Loss of access to a key provider, including Google Business Profile, could impair the platform's competitiveness and customer retention.
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Expanding AI Regulatory Exposure
The filing identifies generative AI as a developing risk and cites potential European Union AI Act penalties of up to the greater of EUR 35 million or 7% of worldwide annual turnover for certain violations, and up to the greater of EUR 15 million or 3% of worldwide annual turnover for high-risk AI requirements.
Management's outlook
The filing does not provide numeric revenue or EPS guidance. It states that the company does not plan to release earnings guidance or host earnings conference calls in the near future; the prior fiscal-year revenue outlook of $450 million-$470 million was not updated in the provided filing text.
Earlier filings 4
10-K · March 10, 2026
Yext describes a platform-led strategy to help businesses manage structured knowledge across a Publisher Network of over 200 providers and is investing in product expansion (Listings, Pages, Reviews, Search, Social,…
10-Q · December 8, 2025
Yext reported Q3 revenue of $111.998M, down 2% year-over-year, but delivered a return to operating profitability with operating income of $7.78M and net income of $6.14M. Gross margin compressed to 73.9% from 77.0% and…
10-K · March 13, 2025
Yext describes a strategy focused on expanding its digital presence platform (Knowledge Graph + Publisher Network of 200+ providers) by growing direct customers, expanding product adoption, international expansion,…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.