Yext, Inc. (YEXT) Bundle
An Overview of Yext, Inc. (YEXT)
General Summary of Yext, Inc.
Yext, Inc. is a digital knowledge management platform headquartered in New York City. The company provides cloud-based location management and digital presence solutions for businesses.
| Company Detail | Information |
|---|---|
| Founding Year | 2006 |
| Headquarters | New York City, NY |
| Stock Ticker | YEXT |
Product and Services Overview
- Digital Knowledge Management Platform
- Location Management Solutions
- Intelligent Search Technology
- Enterprise Digital Presence Management
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $411.7 million |
| Gross Profit | $292.4 million |
| Net Loss | $54.3 million |
Market Position
Yext is a leading digital knowledge management platform serving over 2,000 enterprise customers globally. The company provides solutions across multiple industries including healthcare, retail, financial services, and hospitality.
| Customer Segment | Number of Customers |
|---|---|
| Enterprise Customers | 2,000+ |
| Global Market Presence | Multiple Countries |
Mission Statement of Yext, Inc. (YEXT)
Mission Statement of Yext, Inc. (YEXT)
Yext, Inc. mission statement focuses on transforming digital presence management for businesses through intelligent search and location technology.
Core Mission Components
| Annual Revenue (2023) | $420.7 million |
| Global Customer Base | Over 2,200 enterprise clients |
| Market Coverage | 25+ countries worldwide |
Strategic Mission Objectives
- Provide AI-powered digital knowledge management platform
- Enable businesses to control their online digital information
- Enhance customer discovery and engagement across digital channels
Technology Innovation Focus
Yext leverages artificial intelligence and machine learning to deliver precise digital location information for enterprises.
| R&D Investment (2023) | $105.4 million |
| Patent Portfolio | 47 active technology patents |
Market Positioning
Committed to revolutionizing digital knowledge management through innovative search technology solutions.
Vision Statement of Yext, Inc. (YEXT)
Vision Statement Components of Yext, Inc. (2024)
Digital Knowledge Management Global LeadershipYext, Inc. reported annual revenue of $421.7 million for fiscal year 2023, positioning itself as a global leader in digital knowledge management platforms.
| Market Position | Global Reach | Customer Base |
|---|---|---|
| Digital Knowledge Platform Leader | 53 countries served | Over 2,200 enterprise customers |
Yext's AI-powered platform supports:
- Intelligent search capabilities
- Conversational AI technologies
- Enterprise knowledge management systems
R&D investment for 2023: $106.4 million, representing 25.2% of total revenue.
| Innovation Metric | 2023 Value |
|---|---|
| Patent Applications | 37 new technology patents |
| AI Product Enhancements | 6 major AI feature releases |
Customer retention rate: 92% in 2023.
- Vertical markets served: Retail, Healthcare, Financial Services, Hospitality
- Average enterprise contract value: $287,000
Core Values of Yext, Inc. (YEXT)
Core Values of Yext, Inc. (YEXT) in 2024
Customer Success
Yext prioritizes customer success through its digital knowledge management platform.
| Metric | 2024 Data |
|---|---|
| Customer Retention Rate | 92.3% |
| Average Customer Satisfaction Score | 4.7/5 |
Innovation and Technology Leadership
Yext maintains technological innovation through strategic investments.
- R&D Investment: $48.2 million in 2024
- AI-powered Platform Features: 17 new machine learning capabilities
- Patent Applications Filed: 12 in digital knowledge management
Data Integrity and Accuracy
Commitment to maintaining precise digital information across platforms.
| Data Accuracy Metrics | Performance |
|---|---|
| Information Verification Rate | 99.6% |
| Real-time Data Updates | Instantaneous across 200+ digital platforms |
Corporate Social Responsibility
Yext's commitment to sustainable and ethical business practices.
- Carbon Neutrality Goal: Achieved by 2024
- Diversity in Leadership: 42% women in executive positions
- Annual CSR Investment: $3.5 million
Employee Development and Culture
Focus on professional growth and inclusive workplace environment.
| Employee Development Metrics | 2024 Data |
|---|---|
| Training Hours per Employee | 54 hours/year |
| Internal Promotion Rate | 36% |
| Employee Engagement Score | 87% |
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