Yext reports $440.8M ARR as AI search expands

Yext reported $111.1 million in fiscal Q2 2027 revenue and $440.8 million in annual recurring revenue, with $34.0 million in adjusted EBITDA at a 31% margin; it also completed its GoShine acquisition to extend brand visibility into AI search. The company’s SEC-filed earnings release says it released a Corvo AI prototype and is expanding its API and MCP offering. For builders, Yext’s quarter makes structured business data an operating input for agent discovery, not a search-marketing sidecar; the archive’s analysis of Shopify’s AI-referred catalog demand is the adjacent signal.