Company: YEXT
Filing Date: 2025-09-08
Form Type: 10-Q
Source: 0001614178-25-000119
Chunk: 300

Company: Yext, Inc.
Filing Date: 2025-09-08
Form: 10-Q
Item: Part I, Item 1
Chunk 300
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, as well as fair value adjustments related to contingent consideration.  

30

Results of Operations 

The following table sets forth selected condensed consolidated statement of operations data for each of the periods indicated:Three months ended July 31,Six months ended July 31,(in thousands)2025202420252024Revenue$113,094 $97,887 $222,577 $193,877 Cost of revenue(1)28,060 22,293 55,165 43,839  Gross profit85,034 75,594 167,412 150,038 Operating expenses: Sales and marketing(1)32,069 41,957 68,278 85,211  Research and development(1)23,352 18,580 45,248 35,639  General and administrative(1)(61)22,623 23,094 42,180  Total operating expenses55,360 83,160 136,620 163,030 Income (loss) from operations29,674 (7,566)30,792 (12,992)Interest income1,179 2,395 1,811 4,755 Interest expense(2,277)(124)(2,919)(516)Other expense, net(45)(204)(400)(342)Income (loss) from operations before income taxes28,531 (5,499)29,284 (9,095)(Provision for) benefit from income taxes (1,780)1,442 (1,763)1,221 Net income (loss)$26,751 $(4,057)$27,521 $(7,874)  

(1)See Note 10 "Stock-Based Compensation", to the condensed consolidated financial statements for amounts included.

The following table sets forth selected condensed consolidated statements of operations data for each of the periods indicated as a percentage of total revenue:

Three months ended July 31,Six months ended July 31,2025202420252024Revenue100 %100 %100 %100 %Cost of revenue25 23 25 23  Gross profit75.2 77.2 75.2 77.4 Operating expenses: Sales and marketing28 43 31 44  Research and development21 19 20 18  General and administrative— 23 10 22