Yext Soars 10.7% on Strong Q1 Earnings

Before the BellWednesday, Jun 4, 2025 5:53 am ET
1min read

Yext's stock surged 10.7% in pre-market trading on June 4, 2025, driven by strong first-quarter financial results that exceeded analyst expectations.

Yext reported a revenue of $109.5 million for the first quarter of 2026, surpassing the forecast of $107.6 million. This marks a 14% increase year-over-year, driven by the integration of Hearsay Systems. The company's earnings per share (EPS) of $0.12 matched the forecast, while gross and net retention rates showed positive trends.

Yext's revenue guidance for the second quarter of 2025 is $111.3 million at the midpoint, which is above analyst estimates of $109.4 million. The company's non-GAAP profit for the next quarter is expected to be $0.88 per share, indicating a strong financial outlook.

Yext's remarkable performance in the first quarter is evident, with an impressive revenue growth rate of 11.85% as of January 31, 2025. The company's adjusted EBITDA for the first quarter came in at a record $24.7 million, exceeding the high end of its guidance.

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