Yext, Inc.
NYSE-listed digital presence software company managing search, listings, reviews, and AI-powered discovery for enterprise brands.
Company Type
public
Founded
2006
Headquarters
New York, New York, USA
Stock
NYSE: YEXT
Revenue
$446.6 million (FY2026, ended January 31, 2026)
Employees
Approximately 1,100 to 1,300
Primary Market
Global
About Yext, Inc.
What does Yext own?
Yext owns its digital presence platform including listings, pages, reviews, search, and the Scout analytics product, plus Hearsay by Yext for social media management and compliant client engagement. It operates as a single-brand software company.
Is Yext publicly traded?
Yes. Yext trades on the New York Stock Exchange under ticker YEXT, having gone public in April 2017. No single shareholder controls the company.
Who founded Yext?
Howard Lerman, Tom Dixon, and Brent Metz founded Yext in 2006 in New York City. Lerman served as CEO until 2022, when chairman Michael Walrath succeeded him.
Where is Yext headquartered?
Yext is headquartered in New York City, with offices supporting its global operations in North America, Europe, and Asia-Pacific.
How many customers does Yext have?
Approximately 5,000 enterprise customers use the Yext platform as of fiscal 2026, concentrated in multi-location industries including retail, healthcare, financial services, and hospitality.
Who owns Yext?
Yext is a widely held public company. Institutional investors own most shares, with founder Howard Lerman and CEO Michael Walrath holding significant individual positions.
History of Yext, Inc.
Howard Lerman, Tom Dixon, and Brent Metz founded Yext in 2006 in New York, initially building a pay-per-call advertising technology before pivoting to the listings synchronization business that became its core. The 2011 launch of the PowerListings product established the model of pushing verified business data to a network of publishers.
Venture funding carried the company through rapid growth, and the April 2017 NYSE IPO raised capital for expansion into new product categories. Yext built out a knowledge graph architecture and added products including Answers for site search, Reviews for reputation management, and Pages for local landing pages.
Leadership transitioned in 2022 when founder Lerman stepped down as CEO and Michael Walrath, the company's chairman, took over. The 2024 acquisition of Hearsay Systems added social media management, compliance, and client engagement capabilities aimed at financial services and healthcare customers, broadening the platform beyond listings into a more complete digital presence product.
Yext, Inc. Sustainability & Ethics
As a software company, Yext's environmental footprint is limited to data centers and offices. It publishes standard public company ESG disclosure and holds no major independent sustainability certifications.
The relevant ethical dimension is data stewardship: the platform manages verified business information at global scale and handles review and customer data for regulated industries, subjecting it to data protection regimes including GDPR and sector-specific compliance requirements through the Hearsay business.
Controversy, Regulation & Public Scrutiny
Yext's public record is relatively clean. The company faced a 2019 lawsuit from customers alleging its contracts improperly locked them into listings that reverted when subscriptions ended, a practice that drew criticism in the local SEO community over its "rented listings" model. The disputes settled without regulatory action.
No major antitrust, financial, or data breach controversies attach to the company.
Brands Owned by Yext, Inc.
Yext, Inc. owns 1 brand in our database. Explore the ownership tree below — click categories to expand and see individual brands.
Yext, Inc.
public · Founded 2006 · New York, New York, USA
1
brands
Stock Information
Yext, Inc. Ownership: Pros & Cons
Advantages
- +Category leadership with the deepest publisher network in digital presence management
- +High-margin recurring subscription revenue near 80 percent gross margins
- +AI shift extends the listings problem into a new channel where Yext's data infrastructure applies
- +Hearsay acquisition opens regulated verticals including financial services
- +Enterprise customer base of roughly 5,000 provides a stable recurring revenue foundation
Considerations
- -Single-digit revenue growth limits the company's valuation narrative
- -Basic listings have commoditized at the low end of the market
- -AI discovery could eventually reduce reliance on the publisher network model
- -Profitability improvements have come largely through cost discipline rather than acceleration
- -Founder departure and leadership transition remain relatively recent
Frequently Asked Questions About Yext, Inc.
What does Yext own?
Yext owns its digital presence platform including listings, pages, reviews, search, and the Scout analytics product, plus Hearsay by Yext for social media management and compliant client engagement. It operates as a single-brand software company.
Is Yext publicly traded?
Yes. Yext trades on the New York Stock Exchange under ticker YEXT, having gone public in April 2017. No single shareholder controls the company.
Who founded Yext?
Howard Lerman, Tom Dixon, and Brent Metz founded Yext in 2006 in New York City. Lerman served as CEO until 2022, when chairman Michael Walrath succeeded him.
Where is Yext headquartered?
Yext is headquartered in New York City, with offices supporting its global operations in North America, Europe, and Asia-Pacific.
How many customers does Yext have?
Approximately 5,000 enterprise customers use the Yext platform as of fiscal 2026, concentrated in multi-location industries including retail, healthcare, financial services, and hospitality.
Who owns Yext?
Yext is a widely held public company. Institutional investors own most shares, with founder Howard Lerman and CEO Michael Walrath holding significant individual positions.
Sources & Further Reading
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