Yext, Inc.YEXT

NYSETechnologyServices-Computer Processing & Data Preparation
Price (close)
$6.47
Market cap
$640.4M
P/E
24.5x
Revenue (TTM)
$443.0M
Net income
$26.1M
Dividend yield
—
1-year total return
-25.2%
Net margin
5.9%
Revenue growth
-1.5%
Debt / equity
4.14x

What Yext, Inc. does.

Yext, Inc. (“Yext,” the “Company,” “we,” “us” or “our”) 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. Our digital presence platform (also known as the Answers Platform) lets businesses structure and organize information about their brands in our Knowledge Graph (previously known as Yext Content), which is then delivered across first- and third-party websites and applications through our network of over 200 service and application providers, which we refer to as our Publisher Network. These publishers include among others, Amazon Alexa, Apple, Bing, Facebook, Gemini, Google, OpenAI, and Yelp. Our platform powers all of our key products, including Listings, Reviews, Pages, Search, Social, Relate, and Scout, each with robust analytics capabilities for businesses to easily track performance across customer experiences. It is our mission to empower businesses to easily manage every aspect of their digital presence to make meaningful connections with their customers across every digital touchpoint.

The digital consumer journey continues to change with the expansion of artificial intelligence (“AI”) and large language models. Consumers increasingly depend on more tools to find information and interact with brands across search, websites, apps, voice assistants and AI chat. Consumers are no longer solely depending on individual keyword searches like “mortgage” or “menswear.” Instead, they are increasingly using natural language phrases like “wealth advisor near me who specializes in healthcare” or asking specific questions like “what’s the best menswear store in London that sells dress shirts and is open now?” Additionally, consumers are leveraging multiple channels, such as online reviews and social media, to find information that influences decisions both in-person and online. Publishers are increasingly answering these questions directly across digital touchpoints using complex algorithms that evaluate a brand’s presence across many sources. In order to win customer impressions and conversions, businesses must maintain an accurate and consistent digital presence with proactive knowledge management to engage with customers across as many channels as possible.

Revenue and profit, by fiscal year.

Fiscal year202120222023202420252026
Revenue$354.7M$390.6M$400.9M$404.3M$421.0M$446.6M
Net income-$94.7M-$93.3M-$65.9M-$2.6M-$27.9M$37.9M
Free cash flow-$63.9M$8.4M$11.7M$43.4M$48.1M$53.3M

More on YEXT.

Figures from Yext, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.