Vertex, Inc. (VERX)

NASDAQ: VERX · Real-Time Price · USD

14.16

-0.07 (-0.49%)

At close: Aug 31, 2026, 4:00 PM EDT

14.17

+0.01 (0.07%)

After-hours: Aug 31, 2026, 7:30 PM EDT

Vertex Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	787.44	748.44	666.78	572.39	491.62	425.55
Revenue Growth	10.83%	12.25%	16.49%	16.43%	15.53%	13.58%
Gross Profit	503.58	481.6	426.13	348.58	298.49	263.66
Operating Income	12.5	4.73	18.84	-7.42	-4.17	1.14
Net Income	3.58	7.21	-52.73	-13.09	-12.3	-1.48
Earnings Per Share	0.02	0.04	-0.34	-0.09	-0.08	-0.01
EPS Growth	-	-	-	-	-	-

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Software Licenses	287.93	286.71	291.08	266.21	246.58	231.37
Cloud Subscriptions	385.02	352.94	276.04	214.62	168.9	127.04
Services	114.49	108.79	99.65	91.56	76.15	67.13
Revenue (Total)	787.44	748.44	666.78	572.39	491.62	425.55

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	230.49	314.01	305.21	77.72	102.98	73.33
Total Debt	349.92	350.77	351.89	66.97	73.52	28.61
Net Cash (Debt)	-119.43	-36.76	-46.68	10.75	29.46	44.73
Net Cash Growth	-	-	-	-63.50%	-34.14%	-85.19%
Net Cash Per Share	-0.73	-0.23	-0.30	0.07	0.20	0.30

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	173.61	165.54	164.82	74.33	63.85	90.29
Capital Expenditures	-101.16	-96.24	-65.77	-49.26	-45.53	-31.71
Free Cash Flow	72.45	69.31	99.05	25.07	18.32	58.58
Free Cash Flow Growth	2.78%	-30.03%	295.09%	36.88%	-68.73%	51.82%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	63.95%	64.35%	63.91%	60.90%	60.72%	61.96%
Operating Margin	1.59%	0.63%	2.83%	-1.30%	-0.85%	0.27%
Pretax Margin	-1.21%	1.01%	0.29%	-3.79%	-2.06%	-0.92%
Profit Margin	0.45%	0.96%	-7.91%	-2.29%	-2.50%	-0.35%
FCF Margin	9.20%	9.26%	14.85%	4.38%	3.73%	13.77%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 1, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	644.37	441.79	-	-	-	-
Forward PE	15.23	28.13	82.22	55.49	43.85	59.51
P/FCF Ratio	31.71	45.97	84.00	165.03	118.86	40.31
PS Ratio	2.92	4.26	12.48	7.23	4.43	5.55