Company: YEXT
Filing Date: 2025-09-08
Form Type: 10-Q
Source: 0001614178-25-000119
Chunk: 14

Company: Yext, Inc.
Filing Date: 2025-09-08
Form: 10-Q
Item: Part I, Item 2
Chunk 14
---
 may not publish this or similar metrics. Thus, our non-GAAP financial measures should be considered in addition to, not as a substitute for, nor superior to or in isolation from, measures prepared in accordance with GAAP.

Our non-GAAP financial measures may be limited in their usefulness because they do not present the full economic effect of the expenses mentioned above. We compensate for these limitations by providing a reconciliation of our non-GAAP financial measures to the most closely related GAAP financial measures. We encourage investors and others to review our financial information in its entirety, not to rely on any single financial measure and to view non-GAAP net income (loss) and Adjusted EBITDA in conjunction with GAAP net income (loss). 

The following table reconciles our GAAP net income (loss) to non-GAAP net income (loss):  

Three months ended July 31,Six months ended July 31,(in thousands)2025202420252024GAAP net income (loss)$26,751 $(4,057)$27,521 $(7,874)Plus: Stock-based compensation expense12,962 12,333 25,621 24,398 (Less) Plus: Acquisition-related costs(23,055)2,169 (19,007)2,169 Plus: Amortization of acquired intangibles4,033 — 8,174 — Less: Tax adjustment(4,382)(3,693)(9,475)(5,589)Non-GAAP net income $16,309 $6,752 $32,834 $13,104 

35

The following table reconciles our GAAP net income (loss) to Adjusted EBITDA:  

Three months ended July 31,Six months ended July 31,(in thousands)2025202420252024GAAP net income (loss)$26,751 $(4,057)$27,521 $(7,874)Interest expense (income), net1,098 (2,271)1,108 (4,239)Provision for (benefit from) income taxes1,780 (1,442)1,763 (1,221)Depreciation and amortization 6,788 2,851 13,643 5,814 Other expense, net45 204 400 342 Stock-based compensation expense12,962 12,333 25,621 24,