# EDGAR Filing Document

**Accession Number:** 0001614178
**File Stem:** 0001628280-25-055817
**Filing Date:** 2025-12
**Character Count:** 51709
**Document Hash:** 8e1de03994aa459e10a84ad49bfa485b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001628280-25-055817.hdr.sgml**: 20251208

**ACCESSION NUMBER**: 0001628280-25-055817

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 13

**CONFORMED PERIOD OF REPORT**: 20251208

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20251208

**DATE AS OF CHANGE**: 20251208

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Yext, Inc.
- **CENTRAL INDEX KEY:** 0001614178
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 208059722
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0131

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-38056
- **FILM NUMBER:** 251556207

**BUSINESS ADDRESS:**
- **STREET 1:** 61 NINTH AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10011
- **BUSINESS PHONE:** 1-888-444-2988

**MAIL ADDRESS:**
- **STREET 1:** 61 NINTH AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10011

?xml version='1.0' encoding='ASCII'? yext-20251208

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549** 

**FORM 8-K** 

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported)

**December 8, 2025** 

**YEXT, INC.** 

(Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **Delaware** | **001-38056** | **20-8059722** |
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer <br>Identification No.) |

---

**61 Ninth Avenue**

**New York, NY 10011** 

(Address of principal executive offices, including zip code)

**(212) 994-3900** 

(Registrant's telephone number, including area code)

**Not Applicable**

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| Common Stock, par value $0.001 per share | YEXT | New York Stock Exchange |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging Growth Company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

------

**Item 2.02. &nbsp;&nbsp;&nbsp;&nbsp;Results of Operations and Financial Condition**

On December 8, 2025, Yext, Inc. (the "Company") issued a press release (the "Earnings Release") announcing its financial results for the third fiscal quarter ended October 31, 2025. A copy of the Earnings Release is attached hereto as Exhibit 99.1.

The Company is making reference to non-GAAP financial information in the Earnings Release. A reconciliation of GAAP to non-GAAP results is provided in the Earnings Release, as attached to this Current Report on Form 8-K.

The Company uses its Investor Relations page (http://investors.yext.com) as a means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD.

The information in this Item 2.02 (including Exhibit 99.1) shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.

**Item 9.01. &nbsp;&nbsp;&nbsp;&nbsp;Financial Statements and Exhibits.**

(d) Exhibits

---

| | |
|:---|:---|
| **Exhibit Number** | **Description** |
| [99.1](ex991q3fy26earningsrelease.htm) | [Press release, dated](ex991q3fy26earningsrelease.htm)December 8, 2025 |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

------

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | |
|:---|:---|
| | **YEXT, INC.** |
| By: | /s/ Darryl Bond |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Darryl Bond**<br>*Chief Financial Officer*<br>*(Principal Financial Officer)* |

---

Date: December 8, 2025

## Exhibit 99.1

**EXHIBIT 99.1**

 **Yext Announces Third Quarter Fiscal 2026 Results**

***–***Revenue of $112.0 million

**–**EPS, basic, of $0.05 or non-GAAP EPS of $0.14

**–**Adjusted EBITDA of $27.2 million, resulting in an Adjusted EBITDA margin of 24%

**–**ARR of $444.4 million

NEW YORK -- (BUSINESS WIRE) — December 8, 2025 — Yext, Inc. (NYSE: YEXT), the leading brand visibility platform, today announced its results for the three months ended October 31, 2025, or Yext's third quarter of fiscal year 2026.

The Yext Board of Directors and its Special Committee continues to work with its advisors to carefully review and consider Michael Walrath's non-binding proposal to acquire the company, as well as any other strategic alternatives that may be available, consistent with its fiduciary duties to stockholders. In light of the pending proposal, Yext will not hold a corresponding conference call.

**<u>Third Quarter Fiscal 2026 Results</u>**

**Revenue** of $112.0 million, compared to $114.0 million reported in the third quarter fiscal 2025, a 2% decrease on an as-reported basis and constant currency basis.

**Gross Profit and Non-GAAP Gross Profit:** 

&nbsp;&nbsp;&nbsp;&nbsp;**•** *Gross profit* was $82.8 million, a decrease of 6%, compared to $87.7 million reported in the third quarter fiscal 2025. Gross margin of 73.9%, compared to 77.0% in the third quarter fiscal 2025.

&nbsp;&nbsp;&nbsp;&nbsp;**•** *Non-GAAP Gross profit* was $86.9 million, an decrease of 4%, compared to $90.6 million in the third quarter fiscal 2025. Non-GAAP Gross margin of 77.6%, compared to 79.4% in the third quarter fiscal 2025.

**Net Income (Loss) and Non-GAAP Net Income:**

&nbsp;&nbsp;&nbsp;&nbsp;**•** *Net income* of $6.1 million, compared to a net loss of $12.8 million in the third quarter fiscal 2025.

&nbsp;&nbsp;&nbsp;&nbsp;• *Non-GAAP net income* of $17.5 million, compared to $15.6 million in the third quarter fiscal 2025.

**Operating Expenses and Non-GAAP Operating Expenses:** 

&nbsp;&nbsp;&nbsp;&nbsp;**•** *Operating expenses* were $75.0 million, or 67% of revenue, compared to $98.1 million, or 86% of revenue reported in the third quarter fiscal 2025. Sales and marketing costs were 30% of revenue compared to 38% of revenue reported in the third quarter fiscal 2025.

&nbsp;&nbsp;&nbsp;&nbsp;**•** *Non-GAAP Operating expenses* were $62.3 million, or 56% of revenue, compared to $70.3 million, or 62% of revenue reported in the third quarter fiscal 2025. Sales and marketing costs were 26% of revenue compared to 31% of revenue reported in the third quarter fiscal 2025.

**Net Income (Loss) Per Share and Non-GAAP Net Income Per Share ("Non-GAAP EPS"):**

&nbsp;&nbsp;&nbsp;&nbsp;• *Net income per share* attributable to common stockholders, basic, was $0.05 based on 123.2 million weighted average basic shares outstanding. Net income per share attributable to common stockholders, diluted, was $0.01 based on 128.9 million weighted average diluted shares outstanding. This compares to net loss per share, basic and diluted, of $0.10 in the third quarter fiscal 2025, based on 128.0 million weighted average basic and diluted shares outstanding.

&nbsp;&nbsp;&nbsp;&nbsp;• *Non-GAAP EPS* attributable to common stockholders, basic and diluted, was $0.14 based on 123.2 million weighted average basic shares outstanding and 128.9 million weighted average diluted shares outstanding. This compares to Non-GAAP EPS, basic and diluted, of $0.12 in the third quarter fiscal 2025, based on 128.0 million weighted average basic shares outstanding and 130.4 million weighted average diluted shares outstanding.

------

**EXHIBIT 99.1**

**Adjusted EBITDA** of $27.2 million, compared to $23.1 million in the third quarter fiscal 2025.

**Annual Recurring Revenue ("ARR")** was $444.4 million as of October 31, 2025, a decrease of 1%, compared to $448.6 million as of October 31, 2024. As of October 31, 2025, ARR included an approximate $3.0 million positive impact from foreign currency exchange rates, on a constant currency basis.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• *Direct customers* represented 83% of total ARR, totaling $368.6 million, a 2% year-over-year decrease on an as-reported basis and constant currency basis.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*• Third-party Reseller customers,* represented 17% of total ARR, totaling $75.8 million, a 2% year-over-year increase on an as-reported basis and a 1% increase on a constant currency basis.

**Dollar-Based Net Retention Rate ("NRR")** for Total and Direct customers was 96%. NRR for our Third-party Reseller customers was 99%.

**Remaining Performance Obligations ("RPO")** were $415.6 million as of October 31, 2025, of which $377.1 million is expected to be recognized as revenue over the next twenty-four months, with the remaining balance expected to be recognized thereafter. RPO does not include amounts under contract subject to certain accounting exclusions.

**Cash, cash equivalents and restricted cash** were $158.9 million as of October 31, 2025, compared to $138.7 million as of January 31, 2025.

**Unearned revenue** was $154.6 million as of October 31, 2025, compared to $160.9 million as of October 31, 2024.

**Share Repurchase Program:** Year to date repurchases totaled $59.6 million, and as of October 31, 2025, approximately $22.3 million remained available for future purchases.

Readers are encouraged to review the tables labeled "Reconciliation of GAAP to Non-GAAP Financial Measures" at the end of this release.

**<u>About Yext</u>**

**<u>Statement Regarding Forward-Looking Statements</u>**

*This release includes "forward-looking statements" including, without limitation, statements regarding Yext's expectations, beliefs, intentions, or strategies regarding the future, including the effects, benefits, and challenges of a potential acquisition of Yext and its expected financial performance. You can identify forward-looking statements by the use of terminology such as "believe", "expect", "will", "should," "could", "estimate", "anticipate" or similar forward-looking terms. These statements are based upon current beliefs and are subject to many risks and uncertainties that could cause actual results to differ materially from these statements. The following factors, among others, could cause or contribute to such differences: the possibility that any acquisition transaction occurs, the possibility that the conditions to any transaction are not satisfied, including the risk that required approvals from Yext's Board of Directors or stockholders for a transaction or required regulatory approvals to consummate a transaction are not obtained; potential litigation relating to a transaction; uncertainties as to the timing of the consummation of a transaction; the ability of any party to consummate a transaction; possible disruption related to a transaction process to Yext's current plans and operations, including through the loss of customers and employees; and other risks and uncertainties detailed in the periodic reports that Yext files with the SEC, including Yext's most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q filed with the SEC. All forward-looking statements are based on information available to Yext on the date hereof, and Yext* 

------

**EXHIBIT 99.1**

*assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.*

**<u>Non-GAAP Measurements</u>**

In addition to disclosing financial measures prepared in accordance with U.S. generally accepted accounting principles ("GAAP"), this release and the accompanying tables include non-GAAP cost of revenue, non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating expenses (sales and marketing, research and development, general and administrative), non-GAAP operating expenses (sales and marketing, research and development, general and administrative) as a percentage of revenue, non-GAAP income (loss) from operations, non-GAAP operating margin, non-GAAP net income (loss), non-GAAP net income (loss) per share, and non-GAAP net income (loss) as a percentage of revenue, which are referred to as non-GAAP financial measures.

These non-GAAP financial measures are not calculated in accordance with GAAP as they have been adjusted to exclude the effects of stock-based compensation expense, acquisition-related costs, amortization of acquired intangibles, asset impairments, and strategic transaction costs. Acquisition-related costs include transaction and related costs, subsequent fair value movements in contingent consideration, and compensation arrangements. Strategic transaction costs relate to third-party costs incurred for Michael Walrath's, Yext's Chief Executive Officer and Chairman on the Board of Directors, non-binding proposal to acquire all outstanding shares. Non-GAAP gross margin, non-GAAP operating expenses (sales and marketing, research and development, general and administrative) as a percentage of revenue, non-GAAP operating margin, and non-GAAP net income (loss) as a percentage of revenue are calculated by dividing the applicable non-GAAP financial measure by revenue. Non-GAAP net income (loss) per share is defined as non-GAAP net income (loss) on a per share basis. We define non-GAAP net income (loss) per share, basic, as non-GAAP net income (loss) divided by weighted average shares outstanding and non-GAAP net income (loss) per share, diluted, as non-GAAP net income (loss) divided by weighted average diluted shares outstanding, which includes the potentially dilutive effect of shares using the treasury stock method or the if-converted method depending on the arrangement.

Beginning in fiscal year 2026, we utilized a projected tax rate of 23.5% in our computation of the non-GAAP income tax provision, which was subsequently updated to 25.5% in the second quarter of fiscal 2026. This compares to a projected tax rate of 25% in fiscal year 2025. Our estimated tax rate on non-GAAP income is determined annually and may be adjusted during the year to take into account events or trends that we believe materially impact the estimated annual rate including, but not limited to, significant changes resulting from tax legislation, material changes in the geographic mix of revenue and expenses and other significant events. Our estimated tax rate on non-GAAP income may differ from our GAAP tax rate and from our actual tax liabilities.

We believe these non-GAAP financial measures provide investors and other users of our financial information consistency and comparability with our past financial performance and facilitate period-to-period comparisons of our results of operations. With respect to non-GAAP gross margin, non-GAAP operating expenses (sales and marketing, research and development, general and administrative) as a percentage of revenue, non-GAAP operating margin and non-GAAP net income (loss) as a percentage of revenue, we believe these non-GAAP financial measures are useful in evaluating our profitability relative to the amount of revenue generated, excluding the impact of stock-based compensation expense, acquisition-related costs, amortization of acquired intangibles, asset impairments, and strategic acquisition costs. We also believe non-GAAP financial measures are useful in evaluating our operating performance compared to that of other companies in our industry, as these metrics eliminate the effects of the aforementioned items, which may vary for reasons unrelated to overall operating performance.

We also discuss Adjusted EBITDA and Adjusted EBITDA margin, non-GAAP financial measures that we believe offer a useful view of overall operations used to assess the performance of core business operations and for planning purposes. We define Adjusted EBITDA as GAAP net income (loss) before (1) interest income (expense), net, (2) (provision for) benefit from income taxes, (3) depreciation and amortization, (4) other income (expense), net, (5) stock-based compensation expense, (6) acquisition-related costs, (7) asset impairments, and (8) strategic transaction costs. The most directly comparable GAAP financial measure to Adjusted EBITDA is GAAP net income (loss). Users should consider the limitations of using Adjusted EBITDA, including the fact that this measure does not provide a complete measure of our operating performance. Adjusted EBITDA is not intended to

------

**EXHIBIT 99.1**

purport to be an alternate to GAAP net income (loss) as a measure of operating performance. Adjusted EBITDA margin is calculated by dividing Adjusted EBITDA by revenue.

In addition, we present non-GAAP constant currency measures of revenue. Constant currency as it relates to revenue provides a framework for assessing Company performance which excludes the effect of foreign currency rate fluctuations. Current period results for entities reporting in currencies other than U.S. Dollars ("USD") are converted into USD at the average monthly exchange rates in effect during the comparative period, as opposed to the average monthly exchange rates in effect during the current period.

We also present free cash flow, which is a non-GAAP measure defined as net cash provided by (used in) operating activities, less cash used for purchases of capital expenditures, inclusive of capitalized software development costs. Free cash flow margin is calculated as free cash flow divided by total revenue. We believe this is meaningful to investors because it is a measure of liquidity that provides useful information in understanding and evaluating the strength of our liquidity and future ability to generate cash that can be used for strategic opportunities or investing in our business.

We use these non-GAAP financial measures in conjunction with traditional GAAP measures as part of our overall assessment of our performance, including the preparation of our annual operating budget and quarterly forecasts, and to evaluate the effectiveness of our business strategies. Our definitions may differ from the definitions used by other companies and therefore comparability may be limited. In addition, other companies may not publish these or similar metrics. Thus, our non-GAAP financial measures should be considered in addition to, not as a substitute for, nor superior to or in isolation from, measures prepared in accordance with GAAP.

These non-GAAP financial measures may be limited in their usefulness because they do not present the full economic effect of our use of stock-based compensation, certain acquisition-related costs, asset impairments, and strategic acquisition costs. We compensate for these limitations by providing investors and other users of our financial information a reconciliation of the non-GAAP financial measure to the most closely related GAAP financial measures. We encourage investors and others to review our financial information in its entirety, not to rely on any single financial measure and to view non-GAAP net income (loss) and non-GAAP net income (loss) per share in conjunction with GAAP net income (loss) and net income (loss) per share.

**<u>Recent Changes in Non-GAAP Metrics</u>**

Beginning with the three months ended October 31, 2025, we revised our definitions of Non-GAAP net income (loss) and Adjusted EBITDA to include adjustments for asset impairment charges associated with subleasing a floor of our corporate offices, as well as strategic transaction costs related to third-party costs incurred for Michael Walrath's, Yext's Chief Executive Officer and Chairman on the Board of Directors, non-binding proposal to acquire all outstanding shares. We believe these changes provide investors with a view of continuing core operations without the effects of these items, which may vary for reasons unrelated to overall operating performance.

We have recast our results on the same basis for the prior comparative periods presented, although the effects in those periods remain unchanged as no strategic transaction costs or asset impairments occurred.

**<u>Operating Metrics</u>**

This release also includes certain operating metrics that we believe are useful in providing additional information in assessing the overall performance of our business.

Annual recurring revenue, or ARR, for Direct customers is defined as the annualized recurring amount of all contracts in our enterprise, mid-size and small business customer base as of the last day of the reporting period. The recurring amount of a contract is determined based upon the terms of a contract and is calculated by dividing the amount of a contract by the term of the contract and then annualizing such amount. The calculation assumes no subsequent changes to the existing subscription. Contracts include portions of professional services contracts that are recurring in nature.

ARR for Third-party Reseller customers is defined as the annualized recurring amount of all contracts with Third-party Reseller customers as of the last day of the reporting period. The recurring amount of a contract is

------

**EXHIBIT 99.1**

determined based upon the terms of a contract and is calculated by dividing the amount of a contract by the term of the contract and then annualizing such amount. The calculation assumes no subsequent changes to the existing subscription. The calculation includes the annualized contractual minimum commitment and amounts related to usage above the contractual minimum commitment. Contracts include portions of professional services contracts that are recurring in nature.

Total ARR is defined as the annualized recurring amount of all contracts executed as of the last day of the reporting period. The recurring amount of a contract is determined based upon the terms of a contract and is calculated by dividing the amount of a contract by the term of the contract and then annualizing such amount. The calculation assumes no subsequent changes to the existing subscription, and where relevant, includes the annualized contractual minimum commitment and amounts related to usage above the contractual minimum commitment. Contracts include portions of professional services contracts that are recurring in nature.

We calculate usage by annualizing monthly amounts in excess of contractual minimum commitments in the current month.

ARR is independent of historical revenue, unearned revenue, remaining performance obligations or any other GAAP financial measure over any period. It should be considered in addition to, not as a substitute for, nor superior to or in isolation from, these measures and other measures prepared in accordance with GAAP. We believe ARR-based metrics provides insight into the performance of our recurring revenue business model while mitigating fluctuations in billing and contract terms.

In addition, we present ARR on a constant currency basis. Constant currency as it relates to ARR provides a framework for assessing Company performance which excludes the effect of foreign currency rate fluctuations. Contracts included in the determination of ARR in the current period are converted into USD at the exchange rates in effect at the end of the comparative period, as opposed to the exchange rates in effect at the end of the current period.

Dollar-based net retention rate is a metric we use to assess our ability to retain our customers and expand the ARR they generate for us. We calculate dollar-based net retention rate by first determining the ARR generated 12 months prior to the end of the current period for a cohort of customers who had active contracts at that time. We then calculate ARR from the same cohort of customers at the end of the current period, which includes customer expansion, contraction and churn. The current period ARR is then divided by the prior period ARR to arrive at our dollar-based net retention rate. Any ARR obtained through merger and acquisition transactions does not affect the dollar-based net retention rate until one year from the date on which the transaction closed. The cohorts of customers that we present dollar-based net retention rate for include direct, third-party reseller, and total customers. Direct customers include enterprise, mid-size and small business customers.

We also present dollar-based gross retention rate, which is a metric we use to assess our ability to retain our customers. We calculate dollar-based gross retention rate by first determining the ARR generated 12 months prior to the end of the current period for a cohort of customers who had active contracts at that time. We then calculate ARR from the same cohort of customers at the end of the current period, which includes customer contraction and churn, and excludes customer expansion. The current period ARR is then divided by the prior period ARR to arrive at our dollar-based gross retention rate. Any ARR obtained through merger and acquisition transactions does not affect the dollar-based gross retention rate until one year from the date on which the transaction closed.

**<u>For Further Information Contact:</u>**

Investor Relations:

IR@yext.com

Public Relations:

PR@yext.com

------

**EXHIBIT 99.1**

**YEXT, INC.**

**Condensed Consolidated Balance Sheets**

**(In thousands, except share and per share data)** 

**(Unaudited)**

---

| | | |
|:---|:---|:---|
| | **October 31, 2025** | **January 31, 2025** |
| **Assets** | | |
| Current assets: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cash and cash equivalents | $139916 | $123133 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Restricted cash, current | 5259 | 9671 |
| &nbsp;&nbsp;&nbsp;&nbsp;Accounts receivable, net of allowances of $1,730 and $2,014, respectively | 62857 | 112942 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prepaid expenses and other current assets | 17788 | 18094 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Costs to obtain revenue contracts, current | 17025 | 21961 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total current assets | 242845 | 285801 |
| Property and equipment, net | 32937 | 39689 |
| Operating lease right-of-use assets | 55963 | 67452 |
| Restricted cash, non-current | 13756 | 5850 |
| Costs to obtain revenue contracts, non-current | 7531 | 11145 |
| Goodwill | 110726 | 96782 |
| Intangible assets, net | 89172 | 94247 |
| Other long term assets | 2843 | 9112 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | $555773 | $610078 |
| **Liabilities and stockholders' equity** |  |  |
| Current liabilities: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accounts payable, accrued expenses and other current liabilities | $39030 | $70022 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unearned revenue, current | 154631 | 229144 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Operating lease liabilities, current | 18147 | 18604 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Contingent consideration, current | 10155 | 26944 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total current liabilities | 221963 | 344714 |
| Operating lease liabilities, non-current | 65140 | 76809 |
| Contingent consideration, non-current | 9245 | 18056 |
| Long term debt, net | 98167 |  |
| Other long term liabilities | 6086 | 17306 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 400601 | 456885 |
| Commitments and contingencies |  |  |
| Stockholders' equity: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Preferred stock, $0.001 par value per share; 50,000,000 shares authorized at October 31, 2025 and January 31, 2025; zero shares issued and outstanding at October 31, 2025 and January 31, 2025 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Common stock, $0.001 par value per share; 500,000,000 shares authorized at October 31, 2025 and January 31, 2025; 157,562,349 and 153,017,243 shares issued at October 31, 2025 and January 31, 2025, respectively; 123,005,705 and 126,999,461 shares outstanding at October 31, 2025 and January 31, 2025, respectively | 158 | 153 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Additional paid-in capital | 1021190 | 996477 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accumulated other comprehensive loss | (2356) | (5969) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accumulated deficit | (673463) | (707120) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Treasury stock, at cost | (190357) | (130348) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total stockholders' equity | 155172 | 153193 |
| Total liabilities and stockholders' equity | $555773 | $610078 |

---

------

**EXHIBIT 99.1**

**YEXT, INC.**

**Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)**

**(In thousands, except share and per share data)** 

**(Unaudited)**

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Three months ended October 31,** | **Three months ended October 31,** | **Nine months ended October 31,** | **Nine months ended October 31,** |
| | **2025** | **2024** | **2025** | **2024** |
| Revenue | $111998 | $113989 | $334575 | $307866 |
| Cost of revenue | 29203 | 26247 | 84368 | 70086 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gross profit | 82795 | 87742 | 250207 | 237780 |
| Operating expenses: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sales and marketing | 34037 | 43667 | 102314 | 128878 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Research and development | 22614 | 21070 | 67863 | 56709 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;General and administrative | 18364 | 33373 | 41457 | 75553 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total operating expenses | 75015 | 98110 | 211634 | 261140 |
| Income (loss) from operations | 7780 | (10368) | 38573 | (23360) |
| Interest income | 1156 | 823 | 2967 | 5578 |
| Interest expense | (2358) | (222) | (5278) | (738) |
| Other income (expense), net | 94 | (55) | (306) | (397) |
| Income (loss) from operations before income taxes | 6672 | (9822) | 35956 | (18917) |
| Provision for income taxes | (536) | (2977) | (2299) | (1756) |
| Net income (loss) | $6136 | $(12799) | $33657 | $(20673) |
| Net income (loss) per share attributable to common stockholders, basic | $0.05 | $(0.10) | $0.27 | $(0.16) |
| Net income (loss) per share attributable to common stockholders, diluted | $0.01 | $(0.10) | $0.06 | $(0.16) |
| Weighted-average number of shares used in computing net income (loss) per share attributable to common stockholders, basic | 123151525 | 128036993 | 123866513 | 126668394 |
| Weighted-average number of shares used in computing net income (loss) per share attributable to common stockholders, diluted | 128888811 | 128036993 | 130301177 | 126668394 |
| Other comprehensive income (loss): |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foreign currency translation adjustment | $308 | $(144) | $3612 | $(324) |
| &nbsp;&nbsp;&nbsp;&nbsp;Unrealized gain on marketable securities, net | 10 | 2 | 1 | 6 |
| Total comprehensive income (loss) | $6454 | $(12941) | $37270 | $(20991) |

---

------

**EXHIBIT 99.1**

**YEXT, INC.**

**Condensed Consolidated Statements of Cash Flows**

**(In thousands)** 

**(Unaudited)**

---

| | | |
|:---|:---|:---|
| | **Nine months ended October 31,** | **Nine months ended October 31,** |
| | **2025** | **2024** |
| **Operating activities:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net income (loss) | $33657 | $(20673) |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Depreciation and amortization expense | 20304 | 12101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Impairment of long-lived assets | 3807 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bad debt expense | 2033 | 1017 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock-based compensation expense | 37959 | 37091 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amortization of operating lease right-of-use assets | 7063 | 6471 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adjustments to contingent consideration | (25900) | 607 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other, net | 663 | (751) |
| Changes in operating assets and liabilities, net of assets acquired and liabilities assumed in business acquisitions: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accounts receivable | 49817 | 55285 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prepaid expenses and other current assets | (1822) | (74) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Costs to obtain revenue contracts | 9249 | 10476 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other long term assets | 6502 | 256 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accounts payable, accrued expenses and other current liabilities | (17480) | 7181 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unearned revenue | (77384) | (89117) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Operating lease liabilities | (10604) | (8312) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other long term liabilities | (11552) | 307 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net cash provided by operating activities | 26312 | 11865 |
| **Investing activities:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital expenditures | (1650) | (1769) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cash paid in acquisitions, net of cash acquired | (18801) | (89407) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net cash used in investing activities | (20451) | (91176) |
| **Financing activities:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Proceeds from exercise of stock options | 1773 | 1137 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Proceeds from debt issuance | 99000 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Repurchase of common stock | (59776) | (6760) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payments for taxes related to net share settlement of stock-based compensation awards | (18473) | (9031) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payments of deferred financing costs | (1045) | (777) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deferred acquisition payments | (13509) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Proceeds, net from employee stock purchase plan withholdings | 2099 | 2218 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net cash provided by (used in) financing activities | 10069 | (13213) |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | 4347 | 345 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 20277 | (92179) |
| Cash, cash equivalents and restricted cash at beginning of period | 138654 | 210184 |
| Cash, cash equivalents and restricted cash at end of period | $158931 | $118005 |

---

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

---

| | | |
|:---|:---|:---|
| | **Nine months ended October 31,** | **Nine months ended October 31,** |
| **(in thousands)** | **2025** | **2024** |
| Cash and cash equivalents | $139916 | $100484 |
| Restricted cash, current and non-current | 19015 | 17521 |
| Total cash, cash equivalents and restricted cash | $158931 | $118005 |

---

------

**EXHIBIT 99.1**

**YEXT, INC.**

**Reconciliation of GAAP to Non-GAAP Financial Measures** 

**(In thousands)** 

**(Unaudited)**

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Three months ended October 31,** | **Three months ended October 31,** | **Nine months ended October 31,** | **Nine months ended October 31,** |
| | **2025** | **2024** | **2025** | **2024** |
| **GAAP net income (loss) to Adjusted EBITDA:** |  |  |  |  |
| GAAP net income (loss) | $6136 | $(12799) | $33657 | $(20673) |
| Interest expense (income), net | 1202 | (601) | 2311 | (4840) |
| Provision for income taxes | 536 | 2977 | 2299 | 1756 |
| Depreciation and amortization | 6661 | 6287 | 20304 | 12101 |
| Other (income) expense, net | (94) | 55 | 306 | 397 |
| Stock-based compensation expense | 12338 | 12693 | 37959 | 37091 |
| Acquisition-related costs | (4364) | 14482 | (23371) | 16650 |
| Asset impairments | 3807 |  | 3807 |  |
| Strategic transaction costs | 998 |  | 998 |  |
| Adjusted EBITDA | $27220 | $23094 | $78270 | $42482 |
| GAAP net income (loss) as a percentage of revenue | 5.5% | (11.2)% | 10.1% | (6.7)% |
| Adjusted EBITDA margin | 24.3% | 20.3% | 23.4% | 13.8% |

---

**<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>**

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

------

**EXHIBIT 99.1**

**YEXT, INC.**

**Reconciliation of GAAP to Non-GAAP Financial Measures**

**(In thousands)**

**(Unaudited)**

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Three months ended October 31,** | **Three months ended October 31,** | **Nine months ended October 31,** | **Nine months ended October 31,** |
| | **2025** | **2024** | **2025** | **2024** |
| **<u>Cost of revenue</u>** |  |  |  |  |
| GAAP cost of revenue | $29203 | $26247 | $84368 | $70086 |
| Less: Stock-based compensation expense | (648) | (701) | (2048) | (2087) |
| Plus (Less): Acquisition-related costs | 10 | (100) | (711) | (100) |
| Less: Amortization of acquired intangibles | (2347) | (2017) | (7140) | (2017) |
| Less: Asset impairments | (1097) |  | (1097) |  |
| Non-GAAP cost of revenue | $25121 | $23429 | $73372 | $65882 |
| GAAP cost of revenue as a % of revenue | 26% | 23% | 25% | 23% |
| Non-GAAP cost of revenue as a % of revenue | 22% | 21% | 22% | 21% |
| **<u>Sales and marketing</u>** |  |  |  |  |
| GAAP sales and marketing | $34037 | $43667 | $102314 | $128878 |
| Less: Stock-based compensation expense | (2403) | (4104) | (5518) | (10010) |
| Plus (Less): Acquisition-related costs | 99 | (2431) | (116) | (2431) |
| Less: Amortization of acquired intangibles | (1686) | (1448) | (5067) | (1448) |
| Less: Asset impairments | (1035) |  | (1035) |  |
| Non-GAAP sales and marketing | $29012 | $35684 | $90578 | $114989 |
| GAAP sales and marketing as a % of revenue | 30% | 38% | 31% | 42% |
| Non-GAAP sales and marketing as a % of revenue | 26% | 31% | 27% | 37% |
| **<u>Research and development</u>** |  |  |  |  |
| GAAP research and development | $22614 | $21070 | $67863 | $56709 |
| Less: Stock-based compensation expense | (3621) | (2533) | (10573) | (7923) |
| Plus (Less): Acquisition-related costs | 70 | (1105) | (1005) | (1105) |
| Less: Asset impairments | (921) |  | (921) |  |
| Non-GAAP research and development | $18142 | $17432 | $55364 | $47681 |
| GAAP research and development as a % of revenue | 20% | 18% | 20% | 18% |
| Non-GAAP research and development as a % of revenue | 16% | 15% | 17% | 15% |
| **<u>General and administrative</u>** |  |  |  |  |
| GAAP general and administrative | $18364 | $33373 | $41457 | $75553 |
| Less: Stock-based compensation expense | (5666) | (5355) | (19820) | (17071) |
| Plus (Less): Acquisition-related costs | 4185 | (10846) | 25203 | (13015) |
| Less: Asset impairments | (754) |  | (754) |  |
| Less: Strategic transaction costs | (998) |  | (998) |  |
| Non-GAAP general and administrative | $15131 | $17172 | $45088 | $45467 |
| GAAP general and administrative as a % of revenue | 16% | 29% | 12% | 25% |
| Non-GAAP general and administrative as a % of revenue | 14% | 15% | 13% | 15% |

---

**<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>**

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

------

**EXHIBIT 99.1**

**YEXT, INC.**

**Reconciliation of GAAP to Non-GAAP Financial Measures**

**(In thousands)**

**(Unaudited)**

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Three months ended October 31,** | **Three months ended October 31,** | **Nine Months Ended October 31,** | **Nine Months Ended October 31,** |
| | **2025** | **2024** | **2025** | **2024** |
| **<u>Gross profit</u>** |  |  |  |  |
| GAAP gross profit | $82795 | $87742 | $250207 | $237780 |
| Plus: Stock-based compensation expense | 648 | 701 | 2048 | 2087 |
| (Less) Plus: Acquisition-related costs | (10) | 100 | 711 | 100 |
| Plus: Amortization of acquired intangibles | 2347 | 2017 | 7140 | 2017 |
| Plus: Asset impairments | 1097 |  | 1097 |  |
| Non-GAAP gross profit | $86877 | $90560 | $261203 | $241984 |
| GAAP gross margin | 73.9% | 77.0% | 74.8% | 77.2% |
| Non-GAAP gross margin | 77.6% | 79.4% | 78.1% | 78.6% |
| **<u>Operating expenses</u>** |  |  |  |  |
| GAAP operating expenses | $75015 | $98110 | $211634 | $261140 |
| Less: Stock-based compensation expense | (11690) | (11992) | (35911) | (35004) |
| Plus (Less): Acquisition-related costs | 4354 | (14382) | 24082 | (16551) |
| Less: Amortization of acquired intangibles | (1686) | (1448) | (5067) | (1448) |
| Less: Asset impairments | (2710) |  | (2710) |  |
| Less: Strategic transaction costs | (998) |  | (998) |  |
| Non-GAAP operating expenses | $62285 | $70288 | $191030 | $208137 |
| GAAP operating expenses as a percentage of revenue | 67% | 86% | 63% | 85% |
| Non-GAAP operating expenses as a percentage of revenue | 56% | 62% | 57% | 68% |
| **<u>Income/Loss from operations</u>** |  |  |  |  |
| GAAP income (loss) from operations | $7780 | $(10368) | $38573 | $(23360) |
| Plus: Stock-based compensation expense | 12338 | 12693 | 37959 | 37091 |
| (Less) Plus: Acquisition-related costs | (4364) | 14482 | (23371) | 16650 |
| Plus: Amortization of acquired intangibles | 4033 | 3465 | 12207 | 3465 |
| Plus: Asset impairments | 3807 |  | 3807 |  |
| Plus: Strategic transaction costs | 998 |  | 998 |  |
| Non-GAAP income from operations | $24592 | $20272 | $70173 | $33846 |
| GAAP operating margin | 7% | (9)% | 12% | (8)% |
| Non-GAAP operating margin | 22% | 18% | 21% | 11% |

---

**<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>**

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

------

**EXHIBIT 99.1**

**YEXT, INC.**

**Reconciliation of GAAP to Non-GAAP Financial Measures**

**(In thousands, except share and per share data)**

**(Unaudited)**

---

| | | |
|:---|:---|:---|
| | **Three months ended October 31,** | **Three months ended October 31,** |
| | **2025** | **2024** |
| GAAP net income (loss) | $6136 | $(12799) |
| Plus: Stock-based compensation expense | 12338 | 12693 |
| (Less) Plus: Acquisition-related costs | (4364) | 14482 |
| Plus: Amortization of acquired intangibles | 4033 | 3465 |
| Less: Tax adjustment <sup>(1)</sup> | (5453) | (2226) |
| Plus: Asset impairments | 3807 |  |
| Plus: Strategic transaction costs | 998 |  |
| Non-GAAP net income | $17495 | $15615 |
| GAAP net income (loss) as a percentage of revenue | 5.5% | (11.2)% |
| Non-GAAP net income as a percentage of revenue | 15.6% | 13.7% |
| GAAP net income (loss) per share attributable to common stockholders, basic | $0.05 | $(0.10) |
| Non-GAAP net income per share attributable to common stockholders, basic | $0.14 | $0.12 |
| GAAP net income (loss) per share attributable to common stockholders, diluted | $0.01 | $(0.10) |
| Non-GAAP net income per share attributable to common stockholders, diluted | $0.14 | $0.12 |
| Weighted-average number of shares used in computing GAAP net income (loss) per share attributable to common stockholders |  |  |
| &nbsp;&nbsp;Basic | 123151525 | 128036993 |
| &nbsp;&nbsp;Diluted | 128888811 | 128036993 |
| Weighted-average number of shares used in computing non-GAAP net income per share attributable to common stockholders |  |  |
| &nbsp;&nbsp;Basic | 123151525 | 128036993 |
| &nbsp;&nbsp;Diluted | 128888811 | 130351066 |

---

<sup>(1)</sup> For the third quarter of fiscal 2026 we utilized projected tax rate of 25.5% in our computation of the non-GAAP income tax provision.

**<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

------

**EXHIBIT 99.1**

**YEXT, INC.**

**Reconciliation of GAAP to Non-GAAP Financial Measures**

**(In thousands, except share and per share data)**

**(Unaudited)**

---

| | | |
|:---|:---|:---|
| | **Nine months ended October 31,** | **Nine months ended October 31,** |
| | **2025** | **2024** |
| GAAP net income (loss) | $33657 | $(20673) |
| Plus: Stock-based compensation expense | 37959 | 37091 |
| (Less) Plus: Acquisition-related costs | (23371) | 16650 |
| Plus: Amortization of acquired intangibles | 12207 | 3465 |
| Less: Tax adjustment <sup>(1)</sup> | (14928) | (7816) |
| Plus: Asset impairments | 3807 |  |
| Plus: Strategic transaction costs | 998 |  |
| Non-GAAP net income | $50329 | $28717 |
| GAAP net income (loss) as a percentage of revenue | 10.1% | (6.7)% |
| Non-GAAP net income as a percentage of revenue | 15.0% | 9.3% |
| GAAP net income (loss) per share attributable to common stockholders, basic | $0.27 | $(0.16) |
| Non-GAAP net income per share attributable to common stockholders, basic | $0.41 | $0.23 |
| GAAP net income (loss) per share attributable to common stockholders, diluted | $0.06 | $(0.16) |
| Non-GAAP net income per share attributable to common stockholders, diluted | $0.38 | $0.22 |
| Weighted-average number of shares used in computing GAAP net income (loss) per share attributable to common stockholders |  |  |
| &nbsp;&nbsp;Basic | 123866513 | 126668394 |
| &nbsp;&nbsp;Diluted | 130301177 | 126668394 |
| Weighted-average number of shares used in computing non-GAAP net income per share attributable to common stockholders |  |  |
| &nbsp;&nbsp;Basic | 123866513 | 126668394 |
| &nbsp;&nbsp;Diluted | 131032457 | 127976060 |

---

<sup>(1)</sup> <sup>&nbsp;&nbsp;&nbsp;&nbsp;</sup>For fiscal 2026 we utilized a projected tax rate of 25.5% in our computation of the non-GAAP income tax provision.

**<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>**

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

------

**EXHIBIT 99.1**

**YEXT, INC.**

**Reconciliation of GAAP to Non-GAAP Financial Measures**

**(In thousands)**

**(Unaudited)**

---

| | | | |
|:---|:---|:---|:---|
| | **Three months ended October 31,** | **Three months ended October 31,** | |
| **<u>Constant Currency Revenue</u>** | **2025** | **2024** | **Growth Rates** |
| Revenue (GAAP) | $111998 | $113989 | (2)% |
| &nbsp;&nbsp;Effects of foreign currency rate fluctuations | (312) |  |  |
| Revenue on a constant currency basis (Non-GAAP) | $111686 |  | (2)% |
|  | **Nine months ended October 31,** | **Nine months ended October 31,** |  |
|  | **2025** | **2024** | **Growth Rates** |
| Revenue (GAAP) | $334575 | $307866 | 9% |
| &nbsp;&nbsp;Effects of foreign currency rate fluctuations | (2064) |  |  |
| Revenue on a constant currency basis (Non-GAAP) | $332511 |  | 8% |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Three months ended October 31,** | **Three months ended October 31,** | **Nine months ended October 31,** | **Nine months ended October 31,** |
| **<u>Free Cash Flow</u>** | **2025** | **2024** | **2025** | **2024** |
| Net cash provided by (used in) operating activities | $(19820) | $(15795) | $26312 | $11865 |
| &nbsp;&nbsp;Less: Capital expenditures inclusive of capitalized software development costs | (515) | (577) | (1650) | (1769) |
| Free cash flow | $(20335) | $(16372) | $24662 | $10096 |
| Operating cash flow margin | (18)% | (14)% | 8% | 4% |
| Free cash flow margin | (18)% | (14)% | 7% | 3% |

---

**<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>**

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

------

**EXHIBIT 99.1**

**YEXT, INC.**

**Supplemental Information** 

**(In thousands)** 

**(Unaudited)**

The following tables provides our ARR for the periods presented:

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **October 31,** | **October 31,** | **Variance** | **Variance** |
| | **2025** | **2024** | **Dollars** | **Percent** |
| **<u>Annual Recurring Revenue</u>** |  |  |  |  |
| Direct Customers | $368573 | $374502 | $(5929) | (2)% |
| Third-Party Reseller Customers | 75787 | 74147 | 1640 | 2% |
| Total Annual Recurring Revenue | $444360 | $448649 | $(4289) | (1)% |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Oct. 31, 2025** | **Jul. 31, 2025** | **Apr. 30, 2025** | **Jan. 31, 2025** | **Oct. 31, 2024** |
| **<u>Annual Recurring Revenue Trend</u>** | | | | | |
| Direct Customers | $368573 | $369541 | $371851 | $368201 | $374502 |
| Third-Party Reseller Customers | 75787 | 74821 | 74618 | 74461 | 74147 |
| Total Annual Recurring Revenue | $444360 | $444362 | $446469 | $442662 | $448649 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following table provides our dollar-based net retention rate for the periods presented:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Oct. 31, 2025** | **Jul. 31, 2025** | **Apr. 30, 2025** | **Jan. 31, 2025** | **Oct. 31, 2024** |
| **<u>Dollar-Based Net Retention Rate</u>** | | | | | |
| Direct Customers | 96% | 95% | 95% | 92% | 91% |
| Third-Party Reseller Customers | 99% | 98% | 96% | 95% | 94% |
| Total Customers | 96% | 95% | 95% | 93% | 92% |

---

The following table provides our dollar-based gross retention rate for the periods presented:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Oct. 31, 2025** | **Jul. 31, 2025** | **Apr. 30, 2025** | **Jan. 31, 2025** | **Oct. 31, 2024** |
| **<u>Dollar-Based Gross Retention Rate</u>** | | | | | |
| Direct Customers | 88% | 87% | 87% | 86% | 83% |
| Third-Party Reseller Customers | 88% | 88% | 88% | 87% | 87% |
| Total Customers | 88% | 88% | 87% | 86% | 84% |

---

**<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>**

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

<br>