Company research / VERX

Vertex, Inc. (VERX)

CIK 0001806837 · Nasdaq · Services-Prepackaged Software

  • Sector Services
  • Incorporated DE
  • Fiscal year ends Dec 31

For the year ended 2025-12-31, Vertex, Inc. reported revenue of $748.44M. Revenue grew 12.2% from the prior annual period. Over the twelve months to 2026-06-30, revenue was $787.44M.

Key ratios (year ended 2025-12-31)

64.3%
Gross margin
0.3%
Operating margin
1.0%
Net margin
2.8%
Return on year-end equity
12.2%
Revenue growth (YoY)

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Latest selected filing: Form 4 (ownership change) · 2026-10-09

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

The first column covers the twelve months to 2026-06-30 from the latest quarterly report: flows are the last fiscal year plus this year to date minus the same months a year earlier, and balances are as of that date. Per-share figures are annual only.

Period endedTTM to
2026-06-30
2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312020-09-302019-12-312018-12-31
Revenue$787.44M$748.44M$666.78M$572.39M$491.62M$425.55M$374.67Mn/a$321.50M$272.40M
Cost of Revenue$283.86M$266.84M$240.65M$223.81M$193.13M$161.89M$165.39Mn/a$110.38M$95.70M
Gross Profit$503.58M$481.60M$426.12M$348.58M$298.49M$263.66M$209.28Mn/a$211.12M$176.71M
R&D Expense$91.60M$83.72M$66.67M$58.21M$41.88M$44.02M$54.34Mn/a$30.56M$23.75M
Operating Income-$13.34M$2.33M-$2.23M-$17.51M-$8.08M-$2.94M-$104.76Mn/a$31.86M-$2.83M
Depreciation & Amortization$107.41M$96.93M$82.73M$71.89M$61.15M$44.78M$32.22Mn/a$25.19M$24.90M
EBITDA$94.07M$99.26M$80.50M$54.38M$53.07M$41.84M-$72.54Mn/a$57.05M$22.07M
Net Income$3.58M$7.21M-$52.73M-$13.09M-$12.30M-$1.48M-$75.08Mn/a$31.06M-$6.11M
Total Assets$1.21B$1.27B$1.17B$759.93M$719.19M$670.21M$558.78M$518.79M$264.62Mn/a
Total Liabilities$969.04M$1.01B$987.44M$506.95M$489.47M$440.12M$329.44Mn/a$377.06Mn/a
Long-Term Debt$338.61M$337.48M$335.22M$46.56M$48.90Mn/an/an/an/an/a
Shareholders' Equity$241.11M$258.92M$179.35M$252.98M$229.72M$230.08M$229.34M$222.42M-$129.78M-$126.28M
Cash & Equivalents$230.49M$314.01M$296.05M$68.17M$91.80M$73.33M$303.05Mn/a$75.90M$55.84M
Operating Cash Flow$173.61M$165.54M$164.82M$74.33M$63.85M$90.29M$59.54Mn/a$92.50M$80.45M
Capital Expendituresn/an/a$71.75Mn/an/an/an/an/an/an/a
Free Cash Flown/an/a$93.07Mn/an/an/an/an/an/an/a
Share Repurchasesn/a$10.09Mn/an/an/an/an/an/a$841.0K$1.28M
Dividends Paidn/an/an/an/an/an/a$146.12Mn/a$28.57M$28.02M
Dividends Per Sharen/an/an/an/an/an/an/an/a$0.11$0.09

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