Yext, Inc. (YEXT) SEC Filings & Earnings Calls
EquiReason read 18 Yext, Inc. SEC filings in the last 12 months. Latest: 8-K on 2026-10-14 — CEO/CFO departure reported via Item 5.02; stock option agreement with Michael Walrath filed as exhibit..
Source: SEC EDGAR filings · figures as of 2026-07-31 · read by EquiReason
- Market cap
- 727.5M
- P/E TTM
- 41.6
- Dividend yield
- —
- 52-week
- —
- Next earnings
- 7 Dec, in 44 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
14 Oct 20268-K · 5.02CEO/CFO departure reported via Item 5.02; stock option agreement with Michael Walrath filed as exhibit.open
Risks flagged
Leadership transition risk; potential disruption to strategy and operations.
“CEO/CFO departure reported.”
1 Sep 20268-K · 2.02Yext reported Q2 FY27 results: revenue $111.1M (-2% YoY), GAAP net income $13.1M, Adjusted EBITDA $34.0M (+29% YoY, margin 31% vs 23%). Enterprise ARR ($50K+) grew 2% YoY to $405.9M, total ARR $440.8M (-1% YoY). Repurchased 1.8M shares. Guiearningsopen
Figures in the filing · each found in the filing text
| Revenue · Q2-2027 | $111M | -2% y/y |
| GAAP Net Income · Q2-2027 | $13M | |
| Adjusted EBITDA · Q2-2027 | $34M | +29% y/y |
| Adjusted EBITDA Margin · Q2-2027 | 31.0% | |
| GAAP Gross Margin · Q2-2027 | 75.5% | |
| Total ARR · 2026-07-31 | $441M | -1% y/y |
| Enterprise ARR ($50K+) · 2026-07-31 | $406M | +2% y/y |
| GAAP EPS · Q2-2027 | $0.13 | |
| Non-GAAP EPS · Q2-2027 | $0.21 | |
| Free Cash Flow · Q2-2027 | $8M |
Guidance
Adjusted EBITDA margin building toward 30% throughout the year (achieved 31% in Q2, ahead of schedule); GAAP net income margins of 10% to 15% in each remaining quarter; targeting annualized free cash flow per share of at least $1 over the medium term.
Management delivered ahead of schedule on EBITDA margin target (31% vs 30% guided), reaffirmed GAAP net income margin guidance, and set a medium-term free cash flow per share target. Enterprise ARR growth is accelerating, and the company is executing well on its efficiency and capital allocation strategy.
Risks flagged
Total ARR continues to decline year-over-year due to SMB churn, though this is by design.
“Total ARR declined 1% on a year-over-year basis, driven by our sub-$50K ARR cohort.” · word for word
Net debt position of $60.9 million, though manageable given cash generation.
“We ended the second quarter with $86.8 million in cash and cash equivalents, another $13.5 million of restricted cash, and $147.7 million of debt associated with our credit facility, for net debt of $60.9 million.” · word for word
1 Sep 202610-QYext reported a 2% organic revenue decline for H1-2027, but achieved net income of $15.8M, reflecting cost-cutting benefits.earningsopen
Figures in the filing · each found in the filing text
| Net Income · H1-2027 | $16M | |
| Accumulated Deficit · 2026-07-31 | $654M |
Risks flagged
Organic revenue decline
“without this acquisition, our revenue would have otherwise declined 2% year-over-year in the same period.” · word for word
Customer concentration
“For the fiscal years ended January 31, 2026, 2025 and 2024, the aggregate of our top five customers accounted for approximately 8%, 8% and 9%, respectively, of our revenue.” · word for word
Macroeconomic headwinds
“Adverse economic conditions including inflation, trade disputes, or reduced technology spending may adversely impact our business.” · word for word
9 Jul 2026SC 13DLynrock Lake LP filed a Schedule 13D disclosing a 19% activist stake in Yext and obtained a board seat for Cynthia Paul.open
Risks flagged
Activist investor may push for changes that disrupt operations
“The Reporting Persons also may engage in conversations with management and/or the Board regarding a range of issues, including those relating to the business and strategy of the Issuer, management, corporate governance, operations, investor communications, capital allocation, capital structure, mergers and acquisitions strategy, and executive compensation.” · word for word
2 Jun 20268-K · 2.02, 8.01Board approved additional $100M share repurchase authorization, increasing existing program. Also completed $140M tender offer in Q1. Strong capital return signal.open
Figures in the filing · each found in the filing text
| Revenue · Q1-2027 | $108M | -1% y/y |
| GAAP Net Income · Q1-2027 | $3M | |
| Non-GAAP Net Income · Q1-2027 | $17M | |
| Adjusted EBITDA · Q1-2027 | $27M | +9% y/y |
| Total ARR · Q1-2027 | $441M | |
| ARR from customers ≥$50K · Q1-2027 | $403M | +1% y/y |
| ARR from customers <$50K · Q1-2027 | $38M | -19% y/y |
| Gross Retention Rate (≥$50K) · Q1-2027 | 89.0% | |
| Net Retention Rate (≥$50K) · Q1-2027 | 97.0% | |
| Cash and Cash Equivalents · Q1-2027 | $92M |
Guidance
Expects quarterly Adjusted EBITDA margin expansion towards 30% as the year progresses; GAAP Net Income margins in the 10-15% range in Q2, Q3 and Q4.
No formal guidance on revenue or EPS; qualitative outlook for margin expansion and cash generation.
Risks flagged
Revenue decline of 1% YoY; sub-$50K ARR shrinking 19% as company shifts focus to larger customers.
“Revenue $107.9M vs $109.5M; sub-$50K ARR down 19%”
2 Jun 202610-QNet Income $3M; Accumulated Deficit $667Mopen
Figures in the filing · each found in the filing text
| Net Income · Q1-2027 | $3M | |
| Accumulated Deficit · 2026-04-30 | $667M |
Risks flagged
Organic revenue decline
“our revenue would have otherwise declined 2% year-over-year in the same period.” · word for word
Customer concentration
“the aggregate of our top five customers accounted for approximately 8% of our revenue.” · word for word
Integration risk from acquisitions
“We may also not be successful integrating acquisitions, which could lead to further erosion of revenue growth if we cannot retain the customers acquired.” · word for word
27 Apr 2026DEF 14ADEF 14A proxy statement filed for 2026 Annual Meeting, disclosing executive compensation, governance, and equity plan amendment.open
Figures in the filing · each found in the filing text
| Revenue · FY2026 | $447M | +6% y/y |
| Net Income · FY2026 | $38M | |
| Adjusted EBITDA · FY2026 | $107M | +60% y/y |
| Cash and Cash Equivalents · FY2026 | $154M | |
| Annual Recurring Revenue Growth · FY2026 | 0.4% | |
| Adjusted EBITDA Margin · FY2026 | 24.0% | |
| Rule of 40 Score · FY2026 | $24.39 | |
| Total Shareholder Return (1-year) · FY2026 | 42.0% | |
| Peer Group Total Shareholder Return (1-year) · FY2026 | 257.0% | |
| CEO Pay Ratio · FY2026 | $48.00 |
Risks flagged
Low ARR Growth
“ARR of 0.36%” · word for word
Revenue Growth Dependent on Acquisition
“Revenue increased to $446.6 million for the fiscal year ended January 31, 2026 as compared to $421.0 million in the fiscal year ended January 31, 2025, driven entirely by the inclusion of revenue from Hearsay Social, Inc.” · word for word
CEO Non-Binding Proposal Uncertainty
“Ursula Capital Partners served as a financial advisor to Michael Walrath, our Chief Executive Officer and Chairman of our Board of Directors, in connection with his non-binding proposal to acquire all outstanding shares of the Company not already owned by Mr. Walrath.” · word for word
High Stock-Based Compensation
“Stock-based compensation expense 48,711 (in thousands)”
Significant Goodwill and Intangible Assets
“Acquisition-related costs (25,416) (in thousands)”
25 Mar 2026SC 13D/ALead Edge Capital filed an amended Schedule 13D disclosing a 7.9% passive stake in Yext, with no activist intent stated.open
Figures in the filing · each found in the filing text
| shares beneficially owned · 2026-03-23 | 7,843,296 | |
| percent of class · 2026-03-23 | 7.9% |
10 Mar 202610-KTotal Revenue $447M (+6% y/y); Gross Profit $333M (+2% y/y); Gross Margin 74.5open
Figures in the filing · each found in the filing text
| Total Revenue · FY2026 | $447M | +6% y/y |
| Gross Profit · FY2026 | $333M | +2% y/y |
| Gross Margin · FY2026 | 74.5% | |
| Net Income (Loss) · FY2026 | $38M | |
| Adjusted EBITDA · FY2026 | $107M | +60% y/y |
| Free Cash Flow · FY2026 | $53M | +11% y/y |
| Operating Cash Flow · FY2026 | $56M | +11% y/y |
| Cash and Cash Equivalents · 2026-01-31 | $154M | |
| Non-GAAP Net Income · FY2026 | $69M | +53% y/y |
Risks flagged
Revenue growth dependent on acquisitions
“The increase was entirely driven by the inclusion of Hearsay’s revenue as a result of the acquisition which was completed on August 1, 2024.” · word for word
Gross margin pressure
“Gross margin was 74.5% for the fiscal year ended January 31, 2026, compared to 77.1% for the fiscal year ended January 31, 2025.” · word for word
High leverage from debt
“We borrowed $100.0 million under the Initial Term Loan Facility on May 15, 2025, and we borrowed $50.0 million under the Delayed Draw Term Loan Facility on March 6, 2026.” · word for word
9 Mar 20268-K · 2.02Released earnings results and quarterly financials; filed financial statements and exhibits with this reportearningsopen
Risks flagged
No specific financial risks identified in excerpt
24 Feb 20268-K · 5.02Retention Bonus - CFO $28,280.00; Retention Bonus - EVP & General Counsel $310,065.00open
Figures in the filing · each found in the filing text
| Retention Bonus - CFO · FY2027 | $28280.00 | |
| Retention Bonus - EVP & General Counsel · FY2027 | $310065.00 |
Risks flagged
Retention bonuses may indicate key person risk or need to retain talent amid potential changes.
“Bonuses paid after fiscal 2027, suggesting retention concern.”
2 Feb 20268-K · 8.01Disclosed a material event under other events (litigation, recall, contract loss, or major announcement)open
Risks flagged
CEO buyout withdrawal may indicate strategic uncertainty or financing challenges
“CEO withdrew non-binding proposal to acquire all outstanding shares at $9.00 per share.”
8 Dec 20258-K · 2.02Revenue $112M (-2% y/y); Non-GAAP EPS $0.14 (+17% y/y); Adjusted EBITDA $27M (+18% y/y)earningsopen
Figures in the filing · each found in the filing text
| Revenue · Q3-2026 | $112M | -2% y/y |
| Non-GAAP EPS · Q3-2026 | $0.14 | +17% y/y |
| Adjusted EBITDA · Q3-2026 | $27M | +18% y/y |
| ARR · Q3-2026 | $444M | -1% y/y |
| Dollar-Based Net Retention Rate · Q3-2026 | 96.0% | |
| RPO · Q3-2026 | $416M | |
| Cash and cash equivalents · Q3-2026 | $159M | +15% y/y |
| Unearned revenue · Q3-2026 | $155M | -4% y/y |
| Net income · Q3-2026 | $6M | |
| Non-GAAP net income · Q3-2026 | $18M | +12% y/y |
Risks flagged
Revenue and ARR declining, NRR below 100% indicates customer churn or contraction.
“Revenue -2% YoY; ARR -1% YoY; NRR 96%.”
Pending acquisition proposal creates strategic uncertainty and may distract management.
“Yext Board reviewing Michael Walrath's non-binding proposal to acquire the company; no conference call held.”
8 Dec 202510-QYext reported net income for the nine months ended October 31, 2025, but organic revenue declined without acquisition contribution.earningsopen
Figures in the filing · each found in the filing text
| Net Income · 9M-2026 | $34M | |
| Accumulated Deficit · 2025-10-31 | $674M |
Risks flagged
Organic revenue decline
“without this acquisition, our revenue would have otherwise declined year-over-year in the same period.” · word for word
Customer concentration
“For the fiscal years ended January 31, 2025, 2024 and 2023, the aggregate of our top five customers accounted for approximately 8%, 8% and 9%, respectively, of our revenue.” · word for word
Acquisition integration risk
“We may also not be successful integrating acquisitions, which could lead to further erosion of revenue growth if we cannot retain the customers acquired.” · word for word
Yext, Inc. — questions
- What did Yext, Inc. file recently?
- 18 SEC filings in the last 12 months. Latest: 8-K on 2026-10-14 — CEO/CFO departure reported via Item 5.02; stock option agreement with Michael Walrath filed as exhibit.
Every figure on this page comes from Yext, Inc.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.