Yext, Inc.

Yext Board Approves Long-Term Performance Equity Award For CEO

Yext's board approved a long-term performance equity package for CEO Michael Walrath covering stock options on up to 11,000,000 shares at a $7 strike price. Tranches vest only if stock price targets between $21 and $88.08 are achieved and maintained, alongside continuous service requirements, and the award remains subject to stockholder approval. The board intends this to be Walrath's sole new equity compensation for the next ten years, with any interim award requiring price targets above $88.08 — a strong retention and alignment signal.

•11d ago

Yext Signs Definitive Agreement to Acquire Flamel.ai, Extending Its Agentic Marketing Platform Into Local Paid Media

Yext signed a definitive agreement to acquire Flamel.ai, an AI-powered local paid media platform, extending its agentic marketing stack into localized ad execution across Google, Meta, and ChatGPT. Once the deal closes, Yext plans to connect Scout's competitive visibility data to Flamel.ai's models so agents can direct paid spend to underperforming locations and verify ad claims against Yext's structured data. The transaction is expected to close in Q4 FY27 (ending January 31, 2027), subject to customary conditions, and will be funded with cash on hand; no deal value was disclosed.

•25d ago

Yext Announces Multiplayer Agent Harness Purpose-built for Marketing Growth

Yext announced a multiplayer agent harness for its Scout agentic marketing platform, creating a shared workspace where teams, partners, and agents plan and execute together. The product is live today with Yext's own account teams, while Scout customers can join a waitlist for early access. Positioning centers on combining human judgment with agents that carry historical brand and competitive context, which management argues is a durable advantage over commoditized AI tooling.

•25d ago

Yext Announces Second Quarter Fiscal 2027 Results

Yext reported fiscal Q2 revenue of $111.1 million with non-GAAP EPS of $0.21, achieving record Adjusted EBITDA of $34.0 million for a 31% margin. Annual Recurring Revenue reached $440.8 million, fueled by accelerating growth in the enterprise ARR cohort and a total dollar-based net retention rate of 96%. Strategically, the company completed the acquisition of GoShine and released a working prototype of Corvo AI, a conversational platform for small business owners.

•1mo ago

Yext Expands Agentic Capabilities to Grow AI Visibility for Enterprise Brands and Small Businesses

Yext expanded its agentic marketing platform with new AI visibility features for its Scout product and launched Corvo AI, a free agent built specifically for small business owners. In early testing, the new Scout capabilities increased AI citations by 186% for one hearing care provider and boosted Yext's own AI visibility by 147% within two weeks. The updated Scout capabilities will be broadly available on September 30, while Corvo AI is immediately available for free to help SMBs optimize local marketing via text message recommendations.

•1mo ago

Yext Opens Full Platform for Trusted Agentic Marketing Execution

Yext opened its full platform for trusted agentic marketing execution, making brand-verified facts and local competitive intelligence accessible via API, MCP, and mobile. The update features Scout for visibility insights, a Knowledge Graph for brand truth, and Action Center for automated task execution, covering 12 million locations and 10 billion signals. CEO Mike Walrath emphasized that agents need competitive context to avoid automating mediocrity, noting that 88 brands have already completed over one million actions in beta.

•4mo ago

Yext Announces First Quarter Fiscal 2027 Results

Yext reported Q1 FY27 revenue of $107.9 million, a slight 1.4% decline year-over-year, but delivered robust profitability with $26.9 million in Adjusted EBITDA and a 25% margin. The company generated $37.0 million in free cash flow (34% margin) and reported $440.8 million in Annual Recurring Revenue, highlighting the strength of its recurring business model. Capital return was a major theme: Yext completed a $140 million tender offer repurchasing 24.3 million shares and authorized an additional $100 million for open market buybacks, significantly reducing the share count.

•4mo ago

Yext Opens Scout Visibility Intelligence to Partners with the Launch of MCP and API

Yext launched Scout MCP and Scout API, opening its visibility intelligence infrastructure to global partners and local digital marketing agencies. The Scout dataset analyzes 10 billion signals monthly across four AI models for over 12 million business locations, surfacing 150 visibility metrics. Partners can access the data via a no-build conversational interface (MCP) or a fully custom white-labeled API, positioning Yext as the data layer for agentic marketing.

•5mo ago

Popmenu Partners with Yext to Help Restaurants Easily Manage Their Online Reputation Across 70+ Platforms

Popmenu expanded its partnership with Yext to help restaurant operators manage their online reputation across more than 70 third-party platforms. The deepened integration introduces an automated menu sync feature, allowing real-time updates across listings and enabling operators to use AI to respond to reviews directly from the Popmenu dashboard. This collaboration targets a market trend where 87% of U.S. restaurant operators plan to sharpen their focus on reputation management in 2026.

•5mo ago