Elastic vs Yext

Better together: Celebrating the 2026–2027 Elastic Partner Awards

We created the Elastic Partner Awards to recognize our partners' contributions and the results they are delivering for customers. See who the Elastic Partner Award winners are for 2026–2027!

10-Q Financial Filing Analysis for Elastic (2026-08-28)

Elastic N.V. reported its financial results for the first quarter of fiscal 2027 ended July 31, 2026, delivering total revenue of $478.11 million, up 15% year-over-year. The growth was led by Elastic Cloud, which increased 20% year-over-year to $235.21 million and now represents 49% of total company revenue. Concurrently, Elastic initiated a restructuring plan on June 24, 2026, to streamline operations, involving a 7% workforce reduction and $19.92 million in restructuring charges. Further expanding its product capabilities, Elastic also executed a post-quarter cash acquisition of Deductive AI, Inc. for approximately $70 million.

• Q1 FY2027 total revenue rose 15% year-over-year to $478.11 million, with Elastic Cloud increasing 20% to $235.21 million (49% of total revenue).
• Restructuring plan initiated on June 24, 2026, resulted in a 7% workforce reduction and $19.92 million in restructuring and related charges.
• Post-quarter cash acquisition of Deductive AI, Inc. closed on August 21, 2026, for approximately $70 million.

Elastic Nominates Julia Liuson to Board

Elastic announced the nomination of Julia Liuson to its Board of Directors. Liuson is a veteran technology executive who most recently served as President of Microsoft’s Developer Division and played a leadership role in integrating AI into developer tools including work with GitHub. Her nomination is subject to shareholder approval at Elastic’s annual general meeting in October 2026; if elected she will join the company’s Compensation Committee. The release also notes that Caryn Marooney will not stand for re-appointment when her term expires in October 2026. Elastic positioned the nomination as adding AI and developer-platform expertise as the company pursues opportunities connecting AI applications and agents to enterprise data for observability and security use cases.

• Elastic nominated Julia Liuson to its Board of Directors.
• Julia Liuson most recently served as President of Microsoft’s Developer Division and worked on GitHub integrations such as GitHub Copilot.
• Liuson’s nomination is subject to a shareholder vote at Elastic’s 2026 annual general meeting in October 2026.

10-Q Financial Filing Analysis for Yext (2026-09-01)

Yext, Inc. reported its financial results for the second quarter and six months ended July 31, 2026. For Q2 fiscal 2027, total revenue decreased 2% year-over-year to $111.1 million, driven by customer attrition despite contributions from acquired businesses. GAAP net income fell to $13.1 million ($0.13 per share) compared to $26.8 million ($0.22 per share) in the prior-year quarter, primarily due to prior-year favorable fair value adjustments on Hearsay contingent consideration. On a non-GAAP basis, net income rose to $21.2 million from $16.3 million, and Adjusted EBITDA expanded to $34.0 million from $26.4 million, benefiting from ongoing operational discipline and headcount reductions. During the first half of the fiscal year, Yext returned significant capital to shareholders via a $140.0 million self-tender offer and ongoing share repurchases, financed in part by a $50.0 million delayed draw term loan.

• Total revenue for Q2 FY2027 was $111.1 million (down 2% YoY), with GAAP net income at $13.1 million and Adjusted EBITDA reaching $34.0 million.
• Annual Recurring Revenue (ARR) as of July 31, 2026, stood at $440.8 million, down 1% YoY, with enterprise customers ($50k+ ARR) growing 2% to $405.9 million.
• Completed a $140.0 million modified Dutch auction tender offer repurchasing 24.35 million common shares at $5.75 per share, partially funded by a $50.0 million term loan draw.

Yext Launches Multiplayer Agent Harness for Marketing

Yext, Inc. announced the launch of a multiplayer agent harness for marketing teams, expanding its agentic marketing platform Scout. The new harness provides a shared, context-rich workspace where corporate teams, field teams, partners, and AI agents collaborate on the same goals. This addresses the problem that AI agents have improved productivity but not necessarily business outcomes, with only 37% of respondents reporting positive enterprise EBIT contribution despite 80% productivity gains, according to McKinsey. Yext's CEO emphasizes the importance of combining human judgment with AI agents that carry historical context and brand knowledge. Scout continuously monitors a brand's presence across search, listings, reviews, and social surfaces, bringing attention to issues and actions. The agent harness is live today with Yext account teams.

• Yext announced a multiplayer agent harness for marketing teams.
• The agent harness is part of the Scout agentic marketing platform.
• Scout monitors brand presence across search, listings, reviews, and social.

Promptwatch CEO on Generative Engine Optimization (GEO)

Promptwatch founder and CEO Gijs de Groot discusses how search behavior is shifting from traditional engines like Google to AI-driven systems, and why brands must optimize across a broader information ecosystem—what he calls Generative Engine Optimization (GEO). Promptwatch, founded in March 2025, offers a platform that measures brand visibility in AI dialog systems, uses CDN log data and other signals to recommend technical and editorial optimizations, and has introduced a new solution called "Agentic AI Search Optimization" that can apply optimizations automatically. De Groot stresses the continuing importance of owned websites, high-quality content, and trusted sources while warning against mass low-quality AI content and an exclusive reliance on LLM-centered strategies.

• Promptwatch was founded in March 2025.
• Promptwatch offers a platform to optimize brand visibility in AI-driven dialog systems and to measure visibility in language-model answers.
• Promptwatch's entry packages start at €85 per month; the company also offers business licenses and enterprise solutions.