Company: YEXT
Filing Date: 2025-12-08
Form Type: 10-Q
Source: 0001628280-25-055819
Chunk: 283

Company: Yext, Inc.
Filing Date: 2025-12-08
Form: 10-Q
Item: Part I, Item 1
Chunk 283
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 31, 2025$96,782 Goodwill acquired - Places Scout13,801 Measurement period adjustments related to Hearsay acquisition(189)Effect of foreign currency translation on Goodwill acquired 332 Balance as of October 31, 2025$110,726 The Company determined that no events occurred or circumstances changed that would more likely than not reduce the fair value of the Company's reporting unit below its carrying amount during the reporting periods ended October 31, 2025 and January 31, 2025. However, if certain events occur or circumstances change, it may be necessary to record impairment charges in the future.Intangible AssetsThe Company’s intangible assets with definite lives are amortized on a straight-line basis over their estimated useful lives, which range from approximately 2 to 15 years. Intangible assets with finite lives are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. The Company has no indefinite-lived intangible assets.The Company determined that no events occurred or circumstances changed during the reporting periods ended October 31, 2025  and 2024 that would indicate that its intangible assets with finite lives may not be recoverable. However, if certain events occur or circumstances change, it may be necessary to record impairment charges in the future.Amortization expense was $4.0 million and $12.2 million for the three and nine months ended October 31, 2025, respectively and $3.5 million for each of the three and nine months ended October 31, 2024. 

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The gross carrying amount and accumulated amortization of intangible assets other than goodwill are as follows:As of October 31, 2025(in thousands)Gross Carrying AmountAccumulatedAmortizationNet Carrying ValueWeighted Average Remaining Useful LifeDomains$365 $(238)$127 5.3Customer relationships (1)77,100 (7,777)69,323 11.7Technology (2)30,400 (11,174)19,226 2.4Trademarks (3)850 (354)496 1.7Total as of October 31, 2025$108,715 $(19,543)$89,172 9.6As of January 31, 2025(in thousands)Gross Carrying AmountAccumulatedAmortizationNet Carrying ValueWeighted