Executive Summary
Yext delivered a solid QQ2 2026 performance with double-digit top-line growth and meaningful margin expansion, supported by a robust gross margin and strong operating leverage. Revenue reached $113.094 million, up 15.5% year over year and 3.3% quarter over quarter, while gross profit rose to $85.034 million for a gross margin of 75.19%. Operating income was $29.674 million with an EBITDA of $39.964 million, contributing to a net income of $26.751 million and basic earnings per share of $0.22. The company generated positive operating cash flow of $8.407 million and free cash flow of $7.834 million, and ended the period with a cash balance of $209.538 million and a net cash position of approximately $(91.867) million, underscoring liquidity to support R&D and go-to-market investments. Financing activity drove a net cash inflow of $69.771 million, aided by stock activity and debt management. While explicit forward guidance is not provided in the data, the quarterly results reflect a scalable platform with recurring revenue characteristics, a durable gross margin, and a balance sheet that supports near-term growth initiatives and potential international expansion.
Key Performance Indicators
QoQ: 2 554.20% | YoY:492.20%
QoQ: 3 374.16% | YoY:759.38%
QoQ: 3 506.56% | YoY:785.36%
Key Insights
Revenue: 113.094M (YoY +15.5%, QoQ +3.3%). Gross Profit: 85.034M (YoY +12.5%, QoQ +3.2%). Operating Income: 29.674M (YoY +492%, QoQ +2554%). Net Income: 26.751M (YoY +759%, QoQ +3374%). EPS: 0.22 (YoY +785%, QoQ +3507%). Gross Margin: 75.19%; Operating Margin: 26.24%; Net Margin: 23.66%; EBITDA: 39.964M; EBITDA Margin: 35.34%. Cash Flow: Net cash from operations 8.407M; Free Cash Flow 7.834M. Balance Sheet: Cash and cash equivalents 178.761M; Total assets 626.166M; Total liabilities 473.637M; To...
Financial Highlights
Revenue: 113.094M (YoY +15.5%, QoQ +3.3%). Gross Profit: 85.034M (YoY +12.5%, QoQ +3.2%). Operating Income: 29.674M (YoY +492%, QoQ +2554%). Net Income: 26.751M (YoY +759%, QoQ +3374%). EPS: 0.22 (YoY +785%, QoQ +3507%). Gross Margin: 75.19%; Operating Margin: 26.24%; Net Margin: 23.66%; EBITDA: 39.964M; EBITDA Margin: 35.34%. Cash Flow: Net cash from operations 8.407M; Free Cash Flow 7.834M. Balance Sheet: Cash and cash equivalents 178.761M; Total assets 626.166M; Total liabilities 473.637M; Total stockholders’ equity 152.529M; Net debt position -91.867M. Liquidity indicators show a solid liquidity runway with deferred revenue current of 185.592M and a long-term debt of 68.556M.
Income Statement
| Metric |
Value |
YoY Change |
QoQ Change |
| Revenue |
113.09M |
15.54% |
3.30% |
| Gross Profit |
85.03M |
12.49% |
3.22% |
| Operating Income |
29.67M |
492.20% |
2 554.20% |
| Net Income |
26.75M |
759.38% |
3 374.16% |
| EPS |
0.22 |
785.36% |
3 506.56% |
Management Commentary
Transcript not provided in the data set; no verbatim management quotes available from an earnings call to reference in this report.
Forward Guidance
No formal forward guidance was provided in the supplied data. Based on the quarter’s trajectory, investors should monitor: (1) renewal/upsell momentum across the platform, (2) progress in expanding international footprint and vertical-specific adoption, (3) the rate of investment in product development (R&D) versus realized efficiency gains, and (4) balance sheet discipline as the company monetizes its data-network and expands operating leverage. Given the balance sheet strength and positive cash flow, there is potential for selective acquisitions or strategic partnerships that could accelerate platform growth; however, execution around go-to-market efficiency will be critical to sustaining margin expansion.