Company: YEXT
Filing Date: 2025-06-09
Form Type: 10-Q
Source: 0001614178-25-000077
Chunk: 182

Company: Yext, Inc.
Filing Date: 2025-06-09
Form: 10-Q
Item: Part I, Item 1
Chunk 182
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(29,023)(1,174)Effect of exchange rate changes on cash, cash equivalents and restricted cash4,022 (558)Net (decrease) increase in cash, cash equivalents and restricted cash(6,639)35,930 Cash, cash equivalents and restricted cash at beginning of period138,654 210,184 Cash, cash equivalents and restricted cash at end of period $132,015 $246,114 

Supplemental reconciliation of cash, cash equivalents and restricted cash reported within the condensed consolidated balance sheets: 

Three months ended April 30,(in thousands)20252024Cash and cash equivalents$114,994 $246,114 Restricted cash, current and non-current17,021 — Total cash, cash equivalents and restricted cash$132,015 $246,114 

See the accompanying notes to the condensed consolidated financial statements.

8

YEXT, INC.

Notes to Condensed Consolidated Financial Statements

1. Organization and Description of Business

Description of BusinessYext, Inc. ("Yext" or the "Company") empowers businesses to manage their knowledge so they can deliver relevant, actionable answers to consumer questions as well as consistent, accurate and engaging experiences to customers throughout the digital ecosystem. The Company's digital presence platform (also known as the Answers Platform) lets businesses structure and organize information about their brands in the Company's knowledge graph, Yext Content (also known as the Knowledge Graph), which is then delivered across first- and third-party websites and applications through its network of over 200 service and application providers, which the Company refers to as its Publisher Network. The Company's platform powers all of the Company's key products, including Listings, Reviews, Pages, and Search, each with robust analytics capabilities for businesses to easily track performance across customer experiences. Fiscal YearThe Company's fiscal year ends on January 31st. References to fiscal 2026, for example, are to the fiscal year ending January 31, 2026.

2. Summary of Significant Accounting Policies

Basis of Presentation and ConsolidationThe accompanying condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP") and applicable rules and regulations of the Securities and Exchange Commission ("SEC") regarding interim financial reporting. Certain information and note disclosures normally included in the financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. Therefore, these condensed consolidated financial statements should be