Yext, Inc. (YEXT)
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Zscaler: the zero-trust growth story still has to turn into clean GAAP profit
Zscaler reported FY2025 revenue of $2.7 billion and Q2 FY2026 revenue of $815.8 million. The thesis depends on zero-trust demand, large-customer expansion, billings quality, operating leverage, stock compensation and cash conversion.
OpenYext: AI search relevance needs to become software profit
Yext reported fiscal 2026 revenue of $404.3 million and operating cash flow of $46.2 million. The thesis depends on AI-search demand, retention, margin discipline and recurring software cash conversion.
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