2019 Q3 Form 10-Q Financial Statement

#000161417819000348 Filed on August 30, 2019

View on sec.gov

Income Statement

Concept 2019 Q3 2018 Q3
Revenue $72.37M $55.10M
YoY Change 31.36% 35.14%
Cost Of Revenue $19.27M $14.09M
YoY Change 36.8% 33.63%
Gross Profit $53.10M $40.84M
YoY Change 30.04% 35.1%
Gross Profit Margin 73.38% 74.12%
Selling, General & Admin $70.72M $50.36M
YoY Change 40.42% 25.14%
% of Gross Profit 133.16% 123.31%
Research & Development $12.69M $9.983M
YoY Change 27.08% 53.75%
% of Gross Profit 23.89% 24.45%
Depreciation & Amortization $1.700M $1.500M
YoY Change 13.33% 36.36%
% of Gross Profit 3.2% 3.67%
Operating Expenses $83.40M $60.34M
YoY Change 38.22% 29.11%
Operating Profit -$30.30M -$19.50M
YoY Change 55.34% 18.16%
Interest Expense $79.00K $9.000K
YoY Change 777.78% -89.02%
% of Operating Profit
Other Income/Expense, Net -$203.0K -$219.0K
YoY Change -7.31% -484.21%
Pretax Income -$29.20M -$19.36M
YoY Change 50.87% 19.41%
Income Tax $100.0K $40.00K
% Of Pretax Income
Net Earnings -$29.29M -$19.40M
YoY Change 51.02% 18.28%
Net Earnings / Revenue -40.47% -35.2%
Basic Earnings Per Share
Diluted Earnings Per Share -$262.0K -$199.0K
COMMON SHARES
Basic Shares Outstanding 112.8M shares 98.59M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2019 Q3 2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $274.2M $124.8M
YoY Change 119.67% -1.92%
Cash & Equivalents $268.8M $47.16M
Short-Term Investments $5.394M $77.66M
Other Short-Term Assets $13.80M $21.90M
YoY Change -36.99% 75.2%
Inventory
Prepaid Expenses
Receivables $37.03M $27.88M
Other Receivables $0.00 $0.00
Total Short-Term Assets $345.2M $174.6M
YoY Change 97.78% 13.19%
LONG-TERM ASSETS
Property, Plant & Equipment $14.21M $11.65M
YoY Change 21.97% 0.14%
Goodwill $4.600M $4.726M
YoY Change -2.67% -0.04%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.830M $4.519M
YoY Change -59.5% 46.44%
Total Long-Term Assets $162.9M $23.17M
YoY Change 603.12% 3.62%
TOTAL ASSETS
Total Short-Term Assets $345.2M $174.6M
Total Long-Term Assets $162.9M $23.17M
Total Assets $508.2M $197.7M
YoY Change 156.99% 11.97%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $10.64M $6.899M
YoY Change 54.27% 48.27%
Accrued Expenses $30.00M $18.40M
YoY Change 63.04% 52.07%
Deferred Revenue $122.7M
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $172.7M $119.0M
YoY Change 45.13% 49.88%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $1.603M $527.0K
YoY Change 204.17% -7.71%
Total Long-Term Liabilities $1.603M $527.0K
YoY Change 204.17% -7.71%
TOTAL LIABILITIES
Total Short-Term Liabilities $172.7M $119.0M
Total Long-Term Liabilities $1.603M $527.0K
Total Liabilities $283.0M $122.1M
YoY Change 131.74% 45.9%
SHAREHOLDERS EQUITY
Retained Earnings -$349.4M -$272.7M
YoY Change 28.12% 36.76%
Common Stock $119.0K $105.0K
YoY Change 13.33% 8.25%
Preferred Stock
YoY Change
Treasury Stock (at cost) $11.90M $11.91M
YoY Change -0.04% 0.04%
Treasury Stock Shares 6.505M shares 6.505M shares
Shareholders Equity $225.1M $85.58M
YoY Change
Total Liabilities & Shareholders Equity $508.2M $197.7M
YoY Change 156.99% 11.97%

Cashflow Statement

Concept 2019 Q3 2018 Q3
OPERATING ACTIVITIES
Net Income -$29.29M -$19.40M
YoY Change 51.02% 18.28%
Depreciation, Depletion And Amortization $1.700M $1.500M
YoY Change 13.33% 36.36%
Cash From Operating Activities -$11.44M -$4.430M
YoY Change 158.24% -20.89%
INVESTING ACTIVITIES
Capital Expenditures -$3.620M -$1.130M
YoY Change 220.35% 39.51%
Acquisitions
YoY Change
Other Investing Activities $21.10M -$6.840M
YoY Change -408.48% -92.76%
Cash From Investing Activities $17.48M -$7.980M
YoY Change -319.05% -91.62%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 5.520M 6.320M
YoY Change -12.66% -954.05%
NET CHANGE
Cash From Operating Activities -11.44M -4.430M
Cash From Investing Activities 17.48M -7.980M
Cash From Financing Activities 5.520M 6.320M
Net Change In Cash 11.56M -6.090M
YoY Change -289.82% -94.01%
FREE CASH FLOW
Cash From Operating Activities -$11.44M -$4.430M
Capital Expenditures -$3.620M -$1.130M
Free Cash Flow -$7.820M -$3.300M
YoY Change 136.97% -31.11%

Facts In Submission

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PaymentsToAcquirePropertyPlantAndEquipment
2703000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
41348000 USD
us-gaap Net Income Loss
NetIncomeLoss
-48250000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
225139000 USD
us-gaap Net Income Loss
NetIncomeLoss
-48250000 USD
us-gaap Net Income Loss
NetIncomeLoss
-36437000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3822000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3241000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
19000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
353000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
29825000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
19021000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-58000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-57000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
117000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
66000 USD
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
129000 USD
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-47000 USD
yext Operating Lease Right Of Use Asset Amortization
OperatingLeaseRightOfUseAssetAmortization
4710000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-17927000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-16489000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-72000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3690000 USD
yext Increase Decrease In Deferred Sales Commissions
IncreaseDecreaseInDeferredSalesCommissions
2563000 USD
yext Increase Decrease In Deferred Sales Commissions
IncreaseDecreaseInDeferredSalesCommissions
4659000 USD
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
1058000 USD
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
94000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-561000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
5706000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-12205000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-2397000 USD
yext Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-2399000 USD
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
114000 USD
us-gaap Increase Decrease In Other Noncurrent Liabilities
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-605000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-10617000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-3016000 USD
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
0 USD
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
24692000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
45797000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
31067000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4449000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
3672000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
147000000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
530000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
9167000 USD
us-gaap Proceeds From Stock Options Exercised
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10165000 USD
us-gaap Payments Of Financing Costs
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260000 USD
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
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us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
159000 USD
us-gaap Proceeds From Stock Plans
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3647000 USD
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
2479000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
159024000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
12485000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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-609000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
189146000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
12788000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
91755000 USD
CY2018Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
34367000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
280901000 USD
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
47155000 USD
CY2018Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
47155000 USD
CY2019Q3 us-gaap Restricted Cash
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12100000 USD
CY2018Q3 us-gaap Restricted Cash
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0 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
280901000 USD
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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47155000 USD
CY2019Q3 yext Number Of Service And Application Providers
NumberOfServiceAndApplicationProviders
150 Provider
us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;padding-left:13px;text-indent:-14px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</span></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The preparation of condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of those financial statements and the reported amounts of revenue and expense during the reporting period. These estimates include, but are not limited to, the standalone selling prices ("SSP") of performance obligations, the incremental borrowing rate associated with lease liabilities, the useful life of capitalized costs to obtain customer contracts, income taxes, and the fair value of stock-based compensation. Management bases its estimates on historical experience and on various other market-specific and relevant assumptions that it believes to be reasonable under the circumstances. Actual results could differ from those estimates and such differences could be material to the financial position and results of operations.</span></div>
us-gaap Number Of Operating Segments
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1 segment
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
us-gaap Number Of Operating Segments
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1 segment
CY2019Q3 us-gaap Capitalized Contract Cost Amortization Period
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P3Y
CY2019Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
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P1Y
CY2019Q3 yext Capitalized Contract Costs Increase Decrease During Period
CapitalizedContractCostsIncreaseDecreaseDuringPeriod
7400000 USD
yext Capitalized Contract Costs Increase Decrease During Period
CapitalizedContractCostsIncreaseDecreaseDuringPeriod
12600000 USD
CY2019Q3 us-gaap Capitalized Contract Cost Net
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38600000 USD
us-gaap Concentration Risk Credit Risk
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<div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;padding-left:13px;text-indent:-14px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Concentration of Credit Risk</span></div>The Company's financial instruments that are exposed to a concentration of credit risk consist primarily of cash and cash equivalents, marketable securities and accounts receivable. The Company deposits its cash with financial institutions, and such deposits, at times, may exceed federally insured limits. The Company has not experienced any losses on its deposits of cash and cash equivalents to date. Collateral is not required for accounts receivable.
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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72373000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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54923000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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141081000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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105911000 USD
CY2019Q3 us-gaap Contract With Customer Liability Current
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122700000 USD
CY2019Q3 us-gaap Contract With Customer Liability Noncurrent
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200000 USD
us-gaap Contract With Customer Liability Revenue Recognized
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92400000 USD
CY2019Q3 us-gaap Deposit Liability Current
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700000 USD
CY2019Q1 us-gaap Deposit Liability Current
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1100000 USD
CY2019Q3 us-gaap Revenue Remaining Performance Obligation
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259000000.0 USD
CY2019Q3 us-gaap Revenue Remaining Performance Obligation
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241700000 USD
CY2019Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
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5392000 USD
CY2019Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
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2000 USD
CY2019Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
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0 USD
CY2019Q3 us-gaap Available For Sale Securities Debt Securities
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5394000 USD
CY2019Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
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51061000 USD
CY2019Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
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0 USD
CY2019Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
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40000 USD
CY2019Q1 us-gaap Available For Sale Securities Debt Securities
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51021000 USD
CY2019Q3 us-gaap Goodwill
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4600000 USD
CY2019Q1 us-gaap Goodwill
Goodwill
4700000 USD
us-gaap Number Of Operating Segments
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1 segment
CY2019Q3 us-gaap Finite Lived Intangible Assets Net
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1600000 USD
CY2019Q1 us-gaap Finite Lived Intangible Assets Net
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2000000.0 USD
CY2019Q3 us-gaap Amortization Of Intangible Assets
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100000 USD
us-gaap Amortization Of Intangible Assets
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300000 USD
CY2018Q3 us-gaap Amortization Of Intangible Assets
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200000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
300000 USD
CY2019Q3 us-gaap Property Plant And Equipment Gross
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35379000 USD
CY2019Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
28773000 USD
CY2019Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
21171000 USD
CY2019Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
17696000 USD
CY2019Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
14208000 USD
CY2019Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
11077000 USD
CY2019Q3 us-gaap Depreciation
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1700000 USD
us-gaap Depreciation
Depreciation
3500000 USD
CY2018Q3 us-gaap Depreciation
Depreciation
1500000 USD
us-gaap Depreciation
Depreciation
2900000 USD
CY2019Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
10643000 USD
CY2019Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
8025000 USD
CY2019Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
14777000 USD
CY2019Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
19029000 USD
CY2019Q3 yext Accrued Fees To Service Providers Current
AccruedFeesToServiceProvidersCurrent
2655000 USD
CY2019Q1 yext Accrued Fees To Service Providers Current
AccruedFeesToServiceProvidersCurrent
2508000 USD
CY2019Q3 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
2654000 USD
CY2019Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
2198000 USD
CY2019Q3 yext Employee Stock Purchase Plan Withholdings Liability Current
EmployeeStockPurchasePlanWithholdingsLiabilityCurrent
2999000 USD
CY2019Q1 yext Employee Stock Purchase Plan Withholdings Liability Current
EmployeeStockPurchasePlanWithholdingsLiabilityCurrent
2635000 USD
CY2019Q3 us-gaap Deposit Liability Current
DepositLiabilityCurrent
724000 USD
CY2019Q1 us-gaap Deposit Liability Current
DepositLiabilityCurrent
1144000 USD
CY2019Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
8618000 USD
CY2019Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
8697000 USD
CY2019Q3 us-gaap Accounts Payable And Accrued Liabilities Current
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CY2019Q1 us-gaap Accounts Payable And Accrued Liabilities Current
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CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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6.54
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y11M1D
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
15977235 shares
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y4M24D
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
144934000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
us-gaap Stock Issued During Period Shares Stock Options Exercised
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us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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4.74
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
168999 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
8.08
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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6.77
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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194956000 USD
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
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CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
6.77
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
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P5Y10M28D
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
194676000 USD
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
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10432315 shares
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
6.19
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y4M17D
CY2019Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
152535000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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31400000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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42300000 USD
us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
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500000 USD
CY2019Q3 us-gaap Allocated Share Based Compensation Expense
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16609000 USD
CY2018Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11028000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
29825000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
19021000 USD
CY2019Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
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186600000 USD
CY2019Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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400000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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700000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
100000 USD
CY2019Q1 us-gaap Stockholders Equity
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84549000 USD
CY2019Q2 us-gaap Stock Issued During Period Value New Issues
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146470000 USD
CY2019Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
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4996000 USD
CY2019Q2 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 USD
CY2019Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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0 USD
CY2019Q2 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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3283000 USD
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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13472000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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349000 USD
CY2019Q2 us-gaap Net Income Loss
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CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
234160000 USD
CY2019Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
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4137000 USD
CY2019Q3 us-gaap Stock Issued During Period Value Conversion Of Units
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0 USD
CY2019Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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0 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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17025000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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-892000 USD
CY2019Q3 us-gaap Net Income Loss
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-29291000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
225139000 USD
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
81453000 USD
CY2018Q1 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
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7181000 USD
CY2018Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
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4910000 USD
CY2018Q2 us-gaap Stock Issued During Period Value Conversion Of Units
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0 USD
CY2018Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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0 USD
CY2018Q2 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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4091000 USD
CY2018Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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8066000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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-95000 USD
CY2018Q2 us-gaap Net Income Loss
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CY2018Q2 us-gaap Stockholders Equity
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88565000 USD
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5232000 USD
CY2018Q3 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 USD
CY2018Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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0 USD
CY2018Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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11081000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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101000 USD
CY2018Q3 us-gaap Net Income Loss
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CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
85583000 USD
CY2017Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2017Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2019Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2019Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2019Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2019Q3 yext Common Stock Numberof Votes Per Share
CommonStockNumberofVotesPerShare
1 vote
CY2019Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
6505334 shares
CY2019Q3 us-gaap Treasury Stock Value
TreasuryStockValue
11900000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
100000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
400000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
300000 USD
CY2019Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
6900000 USD
CY2019Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
108700000 USD
CY2019Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P10Y4M24D
CY2019Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.059
CY2019Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
110300000 USD
us-gaap Lease Cost
LeaseCost
9100000 USD
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
16678000 USD
CY2019Q1 us-gaap Contractual Obligation Future Minimum Payments Due Remainder Of Fiscal Year
ContractualObligationFutureMinimumPaymentsDueRemainderOfFiscalYear
9834000 USD
CY2019Q3 yext Lessee Operating Lease Liability Payments Due Year Five And Thereafter
LesseeOperatingLeaseLiabilityPaymentsDueYearFiveAndThereafter
138045000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
187100000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
16678000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
16678000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
6900000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
1100000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
1100000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
4600000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
103100000 USD
CY2018Q3 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1800000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
3600000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
3648000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
12051000 USD
CY2019Q3 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
17931000 USD
CY2019Q3 yext Lessee Operating Lease Liability Payments Due Net
LesseeOperatingLeaseLiabilityPaymentsDueNet
169169000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
53559000 USD
CY2019Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
115610000 USD
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
4101000 USD
CY2019Q1 us-gaap Contractual Obligation Due In Third Year
ContractualObligationDueInThirdYear
1340000 USD
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
12070000 USD
CY2019Q1 us-gaap Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
8132000 USD
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
187572000 USD
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
109159753 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
96248506 shares
CY2019Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.26
CY2018Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.20
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.44
CY2019Q1 us-gaap Contractual Obligation
ContractualObligation
19923000 USD
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.38
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
-19396000 USD
us-gaap Net Income Loss
NetIncomeLoss
-48250000 USD
CY2019Q1 yext Operating Leases Future Minimum Payments Duein Five Yearsand Thereafter
OperatingLeasesFutureMinimumPaymentsDueinFiveYearsandThereafter
138045000 USD
us-gaap Net Income Loss
NetIncomeLoss
-36437000 USD
CY2019Q1 yext Contractual Obligation Due In Fifth Year And Thereafter
ContractualObligationDueInFifthYearAndThereafter
413000 USD
CY2019Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
111777703 shares
CY2018Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
97511660 shares
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
16678000 USD
CY2019Q1 us-gaap Contractual Obligation Due In Fourth Year
ContractualObligationDueInFourthYear
204000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-29291000 USD
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
24354858 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
26776341 shares

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