YEXT Yext, Inc.
Price Chart
Executive Summary
Yext reported Q1 FY27 revenue of $107.9M, down 1% YoY, with GAAP EPS of $0.02 and non-GAAP EPS of $0.14, beating the $0.13 consensus. The company completed a $140M tender offer (24.3M shares at $5.75) and announced a new $100M buyback authorization. Total ARR declined 1% YoY to $440.8M, with enterprise ($50K+) ARR up 1% and sub-$50K ARR down 19%. The company suspended forward guidance and quarterly earnings calls, shifting to periodic investor days.
Key Financial Metrics
Actionable Insight
The revenue decline and ARR contraction are intentional (mix shift away from SMB), but the stock will be driven by the capital return story ($140M tender + $100M new buyback) and margin expansion trajectory (EBITDA margin guided toward 30% in Q2-Q4). The suspension of guidance and earnings calls reduces near-term catalysts and increases uncertainty — watch for Q2 results in September to validate the margin ramp and enterprise ARR inflection.
Key Facts
- Revenue $107.9M, down 1% YoY (1% decline as-reported, 2% constant currency)
- GAAP EPS $0.02; Non-GAAP EPS $0.14 vs consensus $0.13 (7.7% beat)
- Adjusted EBITDA $26.9M (25% margin), up from $24.7M (22.5%) YoY
- Total ARR $440.8M, down 1% YoY; enterprise ($50K+) ARR $403.1M, up 1%; sub-$50K ARR $37.7M, down 19%
- Completed $140M tender offer for 24.3M shares at $5.75; new $100M buyback authorized
- Net debt $56M; drew $150M of $200M BlackRock facility; net debt/EBITDA well below 1x
- Suspended forward guidance and quarterly earnings calls; will host periodic investor days
- Free cash flow $37.0M (34% margin), flat YoY
- Q1 had 89 days vs 92 days in Q2-Q4; management expects EBITDA margins to expand toward 30% in subsequent quarters
Financial Impact
Revenue declined 1% YoY to $107.9M; non-GAAP EPS beat consensus by 7.7% ($0.14 vs $0.13); $140M tender offer reduced share count by ~22%
Risk Factors
- Revenue declining 1% YoY with no forward guidance creates uncertainty about top-line trajectory
- Sub-$50K ARR declining 19% YoY may accelerate if AI self-serve experiments fail
- Net retention in $50K+ cohort dropped from 99% to 97% sequentially — needs to stabilize
- Suspension of earnings calls reduces transparency and may alienate some investors
- Leverage increased with $49.5M additional debt draw in Q1
Market Snapshot
Documents Analyzed
This report is based on 7 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001628280-26-039786 |
| Exhibit: ex991q1fy27earningsrelease.htm | 0001628280-26-039786 |
| Document: yext-20260602.htm | 0001628280-26-039786 |
| Document: 0001628280-26-039786-index-headers.html | 0001628280-26-039786 |
| Document: 0001628280-26-039786-index.html | 0001628280-26-039786 |
| Document: 0001628280-26-039786.txt | 0001628280-26-039786 |
| 8-K Data (Synthetic) | 0001628280-26-039786 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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Jun 2, 2026
4d ago
|
8-K
| $3.83 $3.96 | ▲ +3.39% | ▲ +2.99% | $3.89 (+1.57%) |
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Apr 27, 2026
5w ago
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DEFA14A
| $3.93 $3.87 | ▼ −1.53% | ▼ −1.52% | $3.89 (−1.02%) |
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Feb 24, 2026
14w ago
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8-K
| $5.55 $5.58 | ▲ +0.54% | ▲ +1.09% | $3.89 (−29.91%) |
US Market Status
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