Yext, Inc.

Annual Trend FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Depreciation and amortization expense $5.1m $6.8m $8.1m $10.6m $16.8m $17.6m $15.8m $18.5m $27.0m
Amortization of operating lease right-of-use assets $0 $0 $11.1m $12.2m $9.3m $8.8m $8.8m $8.7m $9.4m
Impairment of long-lived assets $0 $0 $8.6m
Operating lease liabilities $0 $0 ($1.0m) $8.9m ($6.6m) ($11.0m) ($11.7m) ($11.1m) ($14.3m)
Net loss ($66.6m) ($74.8m) ($121.5m) ($94.7m) ($93.3m) ($65.9m) ($2.6m) ($27.9m) $37.9m
Bad debt expense $478k $492k $1.2m $2.5m $1.3m $182k $888k $1.7m $3.1m
Stock-based compensation expense $22.4m $44.2m $67.8m $72.3m $73.5m $63.1m $45.0m $51.8m $48.7m
Adjustments to contingent consideration $0 $0 $5.5m ($28.6m)
Other, net $166k ($83k) $120k ($489k) $582k $1.2m $540k ($2.6m) $714k
Accounts receivable ($17.0m) ($11.6m) ($27.0m) ($18.0m) ($6.1m) ($10.1m) $518k ($1.1m) ($8.3m)
Prepaid expenses and other current assets ($4.0m) ($6.7m) $268k ($5.5m) $4.2m ($2.3m) $755k ($397k) ($5.2m)
Costs to obtain revenue contracts ($4.4m) ($16.8m) ($18.3m) $2.4m ($9.1m) $8.0m $8.8m $10.0m $3.0m
Other long term assets ($358k) $2k ($2.6m) ($1.6m) ($231k) $1.1m $896k $351k $6.5m
Accounts payable, accrued expenses and other current liabilities $695k $17.6m $8.3m ($2.0m) ($494k) $2.7m ($10.2m) $17.0m ($4.9m)
Unearned revenue $31.8m $47.0m $42.3m $12.7m $33.3m $3.5m ($11.3m) ($20.5m) ($15.7m)
Other long term liabilities ($1.1m) ($847k) $565k $1.7m ($1.2m) $873k ($83k) $193k ($12.0m)
Cash paid in acquisitions, net of cash acquired $0 $0 ($89.4m) ($18.8m)
Proceeds from exercise of stock options $11.6m $18.9m $14.9m $16.5m $19.2m $714k $9.4m $1.3m $2.2m
Payments for taxes related to net share settlement of stock-based compensation awards $0 $0 ($5.1m) ($13.0m) ($10.8m) ($23.0m)
Payments of deferred financing costs ($99k) ($159k) ($260k) ($869k) ($263k) ($509k) ($452k) ($853k) ($1.1m)
Deferred acquisition payments $0 $0 ($3.5m) ($22.0m)
Proceeds, net from employee stock purchase plan withholdings $3.8m $5.7m $7.3m $7.0m $5.7m $3.2m $3.9m $3.3m $2.9m
Net cash provided by operating activities ($32.4m) $5.2m ($30.8m) $1.2m $21.8m $17.9m $46.2m $50.2m $55.8m
Capital expenditures ($3.7m) ($5.3m) ($11.9m) ($65.1m) ($13.4m) ($6.2m) ($2.7m) ($2.1m) ($2.6m)
Net cash used in investing activities ($88.1m) $28.1m $39.3m ($65.1m) ($13.4m) ($6.2m) ($2.7m) ($91.5m) ($21.4m)
Proceeds from debt issuance $0 $0 $99.0m
Repurchase of common stock $0 $0 ($77.2m) ($23.1m) ($17.9m) ($67.4m)
Net cash used in financing activities $129.6m $24.4m $168.4m $22.5m $24.6m ($79.0m) ($23.3m) ($28.5m) ($9.5m)
Effect of exchange rate changes on cash, cash equivalents and restricted cash $375k ($370k) ($492k) $3.6m ($2.2m) ($3.6m) ($205k) ($1.7m) $5.6m
Net increase (decrease) in cash, cash equivalents and restricted cash $9.4m $57.4m $176.4m ($37.8m) $30.8m ($71.0m) $20.0m ($71.5m) $30.5m
Cash, cash equivalents and restricted cash at beginning of period $34.4m $91.8m $268.2m $230.4m $261.2m $190.2m $210.2m $138.7m $169.2m
Cash paid on interest $74k $7k $41k $54k $75k $41k $0 $9k $6.5m
Cash paid on income taxes $994k $19k $531k $1.4m $1.3m $1.0m $2.7m $3.2m $3.6m