Company: YEXT
Filing Date: 2025-06-09
Form Type: 10-Q
Source: 0001614178-25-000077
Chunk: 337

Company: Yext, Inc.
Filing Date: 2025-06-09
Form: 10-Q
Item: Part I, Item 2
Chunk 337
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 include other professional related costs which include acquisition-related costs, as well as fair value adjustments related to contingent consideration.  

29

Results of Operations 

The following table sets forth selected condensed consolidated statement of operations data for each of the periods indicated:Three months ended April 30,(in thousands)20252024Revenue$109,483 $95,990 Cost of revenue(1)27,105 21,546  Gross profit82,378 74,444 Operating expenses: Sales and marketing(1)36,209 43,254  Research and development(1)21,896 17,059  General and administrative(1)23,155 19,557  Total operating expenses81,260 79,870 Income (loss) from operations1,118 (5,426)Interest income632 2,360 Interest expense(642)(392)Other expense, net(355)(138)Income (loss) from operations before income taxes753 (3,596)Benefit from (provision for) income taxes17 (221)Net income (loss)$770 $(3,817)  

(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 April 30,20252024Revenue100 %100 %Cost of revenue25 22  Gross profit75.2 77.6 Operating expenses: Sales and marketing33 45  Research and development20 18  General and administrative21 20  Total operating expenses74 83 Income (loss) from operations1 (6)Interest income1 2 Interest expense(1)— Other expense, net— — Income (loss) from operations before income taxes1 (4)Benefit from (provision for) income taxes— — Net income (loss)1 %(4)%

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

30

Three Months Ended April 30, 2025 Compared to Three Months Ended April 30, 2024 

Revenue Three months ended April 30,Variance(in thousands)20252024DollarsPercent Revenue$109,483 $95,990 $13,493 14 % Cost of revenue27,105