Yext revenue declines 1% as organic contraction persists; $140M tender offer completed

Filed June 2, 2026 · Period ending April 30, 2026 · Compared to 10-Q Jun 9, 2025 · ~2 min read

Key Changes

• high

  Revenue fell 1% YoY to $107.9M driven by customer attrition; organic revenue declined 2% in FY2026 and 4% in FY2025 excluding Hearsay acquisition, indicating persistent organic headwinds despite prior-year M&A boost.

  MD&A: Revenue Performance verify on EDGAR →
• high

  ARR declined 1% to $440.8M with small customers (<$50K) showing 19% ARR decline and 86% net retention (down from 93%); gross retention for this cohort fell to 71% from 79%, signaling material churn acceleration among smaller accounts.

  MD&A: ARR Metrics verify on EDGAR →
• high

  Company completed $142.0M tender offer in March 2026 at $5.75/share (reduced from initial $180M), repurchasing 24.3M shares; borrowed $50M under credit facility to partially fund the buyback, bringing total debt to $142.0M and interest expense to $3.1M quarterly.

  MD&A: Capital Allocation verify on EDGAR →