Company: YEXT
Filing Date: 2025-03-13
Form Type: 10-K
Source: 0001614178-25-000030
Chunk: 97

Company: Yext, Inc.
Filing Date: 2025-03-13
Form: 10-K
Item: Item 7
Chunk 97
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 General and administrative(1)105,061 72,185 Total operating expenses357,041 323,055 Loss from operations(32,448)(6,201)Interest income6,102 7,094 Interest expense(967)(470)Other expense, net(745)(761)Loss from operations before income taxes(28,058)(338)Benefit from (provision for) income taxes110 (2,292)Net loss$(27,948)$(2,630) 

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

   49

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

 Fiscal year ended January 31,20252024Revenue100 %100 %Cost of revenue23 22 Gross profit77.1 78.4 Operating expenses:Sales and marketing42 44 Research and development18 18 General and administrative25 18 Total operating expenses85 80 Loss from operations(8)(2)Interest income1 2 Interest expense— — Other expense, net— — Loss from operations before income taxes(7)— Benefit from (provision for) income taxes— (1)Net loss(7)%(1)%

Note: Numbers rounded for presentation purposes and may not sum.

Fiscal Year Ended January 31, 2025 Compared to Fiscal Year Ended January 31, 2024 

RevenueFiscal year ended January 31,Variance(in thousands)20252024DollarsPercent Revenue$420,957 $404,322 $16,635 4 % Cost of revenue96,364 87,468 $8,896 10 % Gross profit$324,593 $316,854 $7,739 2 % Gross margin 77.1 %78.4 %

Total revenue was $421.0 million for the fiscal year ended January 31, 2025, compared to $404.3 million for the fiscal year ended January 31, 2024, an increase of $16.6 million or 4%. The increase was entirely driven by the inclusion of Hearsay’s revenue as a result of the acquisition which did not exist in the comparative period. The increase was negatively affected by the resulting absence of revenue from