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Yext (YEXT) Q1 FY27 earnings results (first quarter fiscal 2027)

10-Q filed Jun 2, 2026

Yext (YEXT) reported revenue of $108M for the first quarter fiscal 2027 (Q1 FY27), -1% from a year earlier and -4% from the quarter before. Operating margin was 5.2%, net earnings $2.6M (2.4% of revenue).

Revenue$108M
Year over year-1%
Quarter over quarter-4%
Operating margin5.2%
Net earnings$2.6M

Yext, Q1 FY27: revenue $108M (-1% year over year), operating margin 5.2%, net earnings $2.6M, operating cash flow $37.4M. The chart follows the revenue to costs, profit and cash.

Q1 FY27AmountQ/QY/Y
Revenue$108M-4%-1%
Gross profit$78.7M-4%-4%
Operating profit$5.6M-7%+399%
Net earnings$2.6M-38%+241%
Operating cash flow$37.4M+27%-0.8%
Free cash flow$37.0M+29%-0.4%

What changed

Revenue was $107.9M in Q1 FY27, down 1% year over year and down 4% from the previous quarter.

Gross margin was 72.9%, down 2.3 points from Q1 FY26. Operating profit was $5.6M, a 5.2% margin (up 4.2 points year over year). Operating expenses fell 10% while revenue fell 1%. Net earnings were $2.6M, up 241% year over year. The effective tax rate was 14.2%.

Operating cash flow was $37.4M (down 1% year over year), 1426% of net earnings. Non-cash charges added back $6.2M of depreciation and amortization and $10.0M of share-based compensation. Working capital and other items added $18.6M. Capital expenditures of $429K left free cash flow of $37.0M.

Questions

What was Yext's revenue in the first quarter fiscal 2027?

Yext (YEXT) reported revenue of $108M for the first quarter fiscal 2027 (Q1 FY27), -1% from a year earlier and -4% from the quarter before.

Was Yext profitable in the first quarter fiscal 2027?

Operating profit was $5.6M (5.2% of revenue) and net earnings $2.6M.

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Source: Yext 10-Q on SEC EDGAR.