2023 Q1 Form 10-K Financial Statement

#000161417823000017 Filed on March 17, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2023 2022
Revenue $101.9M $400.9M $390.6M
YoY Change 0.96% 2.63% 10.13%
Cost Of Revenue $26.49M $104.0M $98.30M
YoY Change 7.78% 5.76% 13.77%
Gross Profit $75.41M $296.9M $292.3M
YoY Change -1.24% 1.58% 8.95%
Gross Profit Margin 74.01% 74.07% 74.83%
Selling, General & Admin $65.95M $290.8M $313.9M
YoY Change -17.88% -7.35% 3.1%
% of Gross Profit 87.46% 97.95% 107.39%
Research & Development $17.13M $70.90M $68.35M
YoY Change -4.85% 3.74% 17.55%
% of Gross Profit 22.72% 23.88% 23.39%
Depreciation & Amortization $4.485M $17.60M $16.20M
YoY Change 4.47% 8.64% 62.0%
% of Gross Profit 5.95% 5.93% 5.54%
Operating Expenses $83.09M $361.7M $382.2M
YoY Change -15.49% -5.37% 5.42%
Operating Profit -$7.673M -$64.83M -$89.96M
YoY Change -65.06% -27.94% -4.64%
Interest Expense $781.0K $1.095M -$522.0K
YoY Change -682.84% -309.77% 422.0%
% of Operating Profit
Other Income/Expense, Net -$236.0K -$125.0K -$1.501M
YoY Change -51.14% -91.67% 650.5%
Pretax Income -$7.128M -$63.86M -$91.98M
YoY Change -68.43% -30.58% -2.76%
Income Tax $670.0K $2.080M $1.277M
% Of Pretax Income
Net Earnings -$7.798M -$65.94M -$93.26M
YoY Change -66.26% -29.3% -1.51%
Net Earnings / Revenue -7.65% -16.45% -23.88%
Basic Earnings Per Share -$0.53 -$0.73
Diluted Earnings Per Share -$0.06 -$0.53 -$729.6K
COMMON SHARES
Basic Shares Outstanding 122.1M shares 125.3M shares 127.8M shares
Diluted Shares Outstanding 125.3M shares 127.8M shares

Balance Sheet

Concept 2023 Q1 2023 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $190.2M $190.2M $261.2M
YoY Change -27.18% -27.18% 13.37%
Cash & Equivalents $190.2M $190.2M $261.2M
Short-Term Investments
Other Short-Term Assets $15.63M $15.63M $13.54M
YoY Change 15.45% 15.45% -24.79%
Inventory
Prepaid Expenses
Receivables $109.7M $140.8M $135.6M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $346.6M $346.6M $410.4M
YoY Change -15.54% -15.54% 9.08%
LONG-TERM ASSETS
Property, Plant & Equipment $62.07M $147.5M $171.7M
YoY Change -16.8% -14.09% -7.27%
Goodwill $4.500M
YoY Change -2.17%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $3.927M $3.927M $6.179M
YoY Change -36.45% -36.45% -1.92%
Total Long-Term Assets $177.2M $177.2M $210.0M
YoY Change -15.63% -15.63% -4.47%
TOTAL ASSETS
Total Short-Term Assets $346.6M $346.6M $410.4M
Total Long-Term Assets $177.2M $177.2M $210.0M
Total Assets $523.8M $523.8M $620.3M
YoY Change -15.57% -15.57% 4.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.264M $49.02M $9.218M
YoY Change -21.2% 431.75% -29.09%
Accrued Expenses $18.16M $18.16M $45.28M
YoY Change -59.9% -59.9% 5.3%
Deferred Revenue $223.7M
YoY Change 0.12%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $290.9M $290.9M $290.7M
YoY Change 0.06% 0.06% 11.72%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $4.326M $104.9M $117.8M
YoY Change 8.56% -10.96% -8.43%
Total Long-Term Liabilities $4.326M $104.9M $117.8M
YoY Change 8.56% -10.96% -8.43%
TOTAL LIABILITIES
Total Short-Term Liabilities $290.9M $290.9M $290.7M
Total Long-Term Liabilities $4.326M $104.9M $117.8M
Total Liabilities $395.7M $395.7M $408.5M
YoY Change -3.12% -3.12% 5.06%
SHAREHOLDERS EQUITY
Retained Earnings -$676.5M
YoY Change 10.8%
Common Stock $142.0K
YoY Change 3.65%
Preferred Stock
YoY Change
Treasury Stock (at cost) $89.33M
YoY Change 650.66%
Treasury Stock Shares
Shareholders Equity $128.0M $128.0M $211.9M
YoY Change
Total Liabilities & Shareholders Equity $523.8M $523.8M $620.3M
YoY Change -15.57% -15.57% 4.08%

Cashflow Statement

Concept 2023 Q1 2023 2022
OPERATING ACTIVITIES
Net Income -$7.798M -$65.94M -$93.26M
YoY Change -66.26% -29.3% -1.51%
Depreciation, Depletion And Amortization $4.485M $17.60M $16.20M
YoY Change 4.47% 8.64% 62.0%
Cash From Operating Activities $35.95M $17.85M $21.85M
YoY Change 23.42% -18.29% 1714.7%
INVESTING ACTIVITIES
Capital Expenditures $793.0K $6.193M $13.42M
YoY Change -173.09% -53.85% -79.39%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$793.0K -$6.193M -$13.42M
YoY Change -26.91% -53.85% -79.39%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $77.25M $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -10.70M -$79.02M $24.62M
YoY Change -316.16% -421.0% 9.18%
NET CHANGE
Cash From Operating Activities 35.95M $17.85M $21.85M
Cash From Investing Activities -793.0K -$6.193M -$13.42M
Cash From Financing Activities -10.70M -$79.02M $24.62M
Net Change In Cash 24.45M -$71.00M $30.80M
YoY Change -25.89% -330.51% -181.55%
FREE CASH FLOW
Cash From Operating Activities $35.95M $17.85M $21.85M
Capital Expenditures $793.0K $6.193M $13.42M
Free Cash Flow $35.15M $11.66M $8.431M
YoY Change 16.36% 38.3% -113.19%

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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
30799000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-37765000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
261210000 usd
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
230411000 usd
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
268176000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
41000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
75000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
54000 usd
CY2023 us-gaap Income Taxes Paid
IncomeTaxesPaid
1046000 usd
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
1325000 usd
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
1413000 usd
CY2023Q1 yext Number Of Service And Application Providers
NumberOfServiceAndApplicationProviders
200 provider
CY2022 us-gaap Advertising Expense
AdvertisingExpense
8400000 usd
CY2021 us-gaap Advertising Expense
AdvertisingExpense
7500000 usd
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:5pt;margin-top:5pt;padding-left:9pt;text-indent:-6.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:5pt;margin-top:5pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of 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 of performance obligations, the incremental borrowing rate associated with lease liabilities, the useful life of capitalized costs to obtain revenue contracts, income taxes, and the valuation and assumptions underlying 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>
CY2023 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2023 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2023 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2023Q1 us-gaap Capitalized Contract Cost Amortization Period
CapitalizedContractCostAmortizationPeriod
P3Y
CY2023 yext Capitalized Contract Cost Renewal Amortization Period
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P1Y
CY2023Q1 us-gaap Capitalized Contract Cost Gross
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29400000 usd
CY2022Q1 us-gaap Capitalized Contract Cost Gross
CapitalizedContractCostGross
47800000 usd
CY2023 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
38600000 usd
CY2022 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
39500000 usd
CY2023Q1 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
52100000 usd
CY2022Q1 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
61300000 usd
CY2022 us-gaap Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
0 usd
CY2023 us-gaap Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
0 usd
CY2021 us-gaap Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
0 usd
CY2023 us-gaap Advertising Expense
AdvertisingExpense
3500000 usd
CY2023Q1 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
3900000 usd
CY2022Q1 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
7200000 usd
CY2023 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
4900000 usd
CY2022 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
3700000 usd
CY2021 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
2600000 usd
CY2023 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
1300000 usd
CY2022 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
2400000 usd
CY2023 us-gaap Hosting Arrangement Service Contract Implementation Cost Expense Amortization
HostingArrangementServiceContractImplementationCostExpenseAmortization
2500000 usd
CY2022 us-gaap Hosting Arrangement Service Contract Implementation Cost Expense Amortization
HostingArrangementServiceContractImplementationCostExpenseAmortization
2100000 usd
CY2021 us-gaap Hosting Arrangement Service Contract Implementation Cost Expense Amortization
HostingArrangementServiceContractImplementationCostExpenseAmortization
800000 usd
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
Concentration of Credit RiskCertain financial instruments that could be exposed to a concentration of credit risk include cash and cash equivalents 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.
CY2023 yext Number Of Performance Obligations
NumberOfPerformanceObligations
2 performanceobligation
CY2023Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
223700000 usd
CY2022Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
223400000 usd
CY2023Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
100000 usd
CY2021Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2528000 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1253000 usd
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
1739000 usd
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2042000 usd
CY2023 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
367000 usd
CY2023 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
1541000 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
868000 usd
CY2022Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
500000 usd
CY2023 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
220300000 usd
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300000 usd
CY2022Q1 us-gaap Deposit Liability Current
DepositLiabilityCurrent
200000 usd
CY2023Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
447700000 usd
CY2023Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
387800000 usd
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P24M
CY2022Q1 us-gaap Revenue Remaining Performance Obligation
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404900000 usd
CY2023 us-gaap Number Of Operating Segments
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1 segment
CY2022Q1 us-gaap Finite Lived Intangible Assets Net
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200000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
200000 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
400850000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
390577000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
354661000 usd
CY2023Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
108537000 usd
CY2023Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
0 usd
CY2023Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
9000 usd
CY2023Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
108528000 usd
CY2022Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
138470000 usd
CY2022Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
0 usd
CY2022Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
0 usd
CY2022Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
138470000 usd
CY2023Q1 us-gaap Goodwill
Goodwill
4500000 usd
CY2022Q1 us-gaap Goodwill
Goodwill
4600000 usd
CY2023 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2023 us-gaap Number Of Reporting Units
NumberOfReportingUnits
1 reportingunit
CY2023Q1 us-gaap Property Plant And Equipment Gross
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115282000 usd
CY2022Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
110893000 usd
CY2023Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
53211000 usd
CY2022Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
36289000 usd
CY2023Q1 us-gaap Property Plant And Equipment Net
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62071000 usd
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
74604000 usd
CY2023 us-gaap Depreciation
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17600000 usd
CY2022 us-gaap Depreciation
Depreciation
16200000 usd
CY2021 us-gaap Depreciation
Depreciation
10000000 usd
CY2023Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
7264000 usd
CY2022Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
9218000 usd
CY2023Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
23621000 usd
CY2022Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
17589000 usd
CY2023Q1 yext Accrued Publisher Network Fees Current
AccruedPublisherNetworkFeesCurrent
3220000 usd
CY2022Q1 yext Accrued Publisher Network Fees Current
AccruedPublisherNetworkFeesCurrent
2885000 usd
CY2023Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
2328000 usd
CY2022Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
2663000 usd
CY2023Q1 yext Employee Stock Purchase Plan Withholdings Liability Current
EmployeeStockPurchasePlanWithholdingsLiabilityCurrent
1736000 usd
CY2022Q1 yext Employee Stock Purchase Plan Withholdings Liability Current
EmployeeStockPurchasePlanWithholdingsLiabilityCurrent
2397000 usd
CY2023Q1 us-gaap Other Liabilities Current
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10848000 usd
CY2022Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
13680000 usd
CY2023Q1 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
49017000 usd
CY2022Q1 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
48432000 usd
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
6620701 shares
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.28
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y3M25D
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
11723000 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
CY2023 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
259003 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
2.76
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
1767994 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
10.11
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4593704 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
6.45
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y1M2D
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
5020000 usd
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
4593704 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
6.45
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SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P3Y1M2D
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
5020000 usd
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
4593704 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
6.45
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y1M2D
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
5020000 usd
CY2022Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
200000 shares
CY2022Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
6.06
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
0 shares
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
0
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedNumberOfShares
200000 shares
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue
6.06
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
0 shares
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
0
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
900000 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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13500000 usd
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
31800000 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
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0
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
63078000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
73480000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
72294000 usd
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500000 usd
CY2022 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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1300000 usd
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2100000 usd
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93600000 usd
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50000000 shares
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0.001
CY2022Q1 us-gaap Preferred Stock Shares Issued
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CY2023Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q1 us-gaap Preferred Stock Shares Outstanding
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0 shares
CY2023Q1 us-gaap Preferred Stock Shares Outstanding
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0 shares
CY2023Q1 us-gaap Common Stock Shares Authorized
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500000000 shares
CY2022Q1 us-gaap Common Stock Shares Authorized
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500000000 shares
CY2023Q1 us-gaap Common Stock Par Or Stated Value Per Share
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0.001
CY2022Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
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1 vote
CY2023Q1 us-gaap Treasury Stock Common Shares
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20349613 shares
CY2023Q1 us-gaap Treasury Stock Common Value
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89300000 usd
CY2022Q1 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
6505334 shares
CY2022Q1 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
11900000 usd
CY2020Q1 yext Line Of Credit Facility Covenant Terms Required Trailing Revenue Growth Period
LineOfCreditFacilityCovenantTermsRequiredTrailingRevenueGrowthPeriod
4 quarter
CY2021Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
129200000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-66194000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-95062000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-69953000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
2336000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
3080000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-24642000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-63858000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-91982000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-94595000 usd
CY2023 us-gaap Current Federal Tax Expense Benefit
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42000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
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9000 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-313000 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
491000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
184000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
198000 usd
CY2023 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
732000 usd
CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
884000 usd
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1070000 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1265000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1077000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
955000 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
4000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
4000 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
28000 usd
CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
3000 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
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