Vertex, Inc. (VERX)

NASDAQ: VERX · Real-Time Price · USD

13.32

+0.08 (0.60%)

At close: Jul 29, 2026, 4:00 PM EDT

13.32

0.00 (0.00%)

After-hours: Jul 29, 2026, 5:15 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	Mar '26 Mar 31, 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	768.03	748.44	666.78	572.39	491.62	425.55
Revenue Growth	11.79%	12.25%	16.49%	16.43%	15.53%	13.58%
Gross Profit	493.48	481.6	426.13	348.58	298.49	263.66
Operating Income	-12.76	2.33	-2.23	-17.51	-8.08	-2.94
Net Income	-6.43	7.21	-52.73	-13.09	-12.3	-1.48
Earnings Per Share	-0.05	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	Mar '26 Mar 31, 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	286.48	286.71	291.08	266.21	246.58	231.37
Cloud Subscriptions	369.56	352.94	276.04	214.62	168.9	127.04
Services	111.99	108.79	99.65	91.56	76.15	67.13
Revenue (Total)	768.03	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	Mar '26 Mar 31, 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	252.46	314.01	305.21	77.72	102.98	73.33
Total Debt	350.14	350.73	351.93	66.97	73.52	48.02
Net Cash (Debt)	-97.69	-36.72	-46.72	10.75	29.46	25.31
Net Cash Growth	-	-	-	-63.50%	16.40%	-91.62%
Net Cash Per Share	-0.76	-0.47	-0.72	0.20	0.19	0.17

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	188.71	165.54	164.82	74.33	63.85	90.29
Capital Expenditures	-99.5	-96.24	-65.77	-49.26	-45.53	-31.71
Free Cash Flow	89.21	69.31	99.05	25.07	18.32	58.58
Free Cash Flow Growth	-	-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	Mar '26 Mar 31, 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	64.25%	64.35%	63.91%	60.90%	60.72%	61.96%
Operating Margin	-1.66%	0.31%	-0.33%	-3.06%	-1.64%	-0.69%
Pretax Margin	-1.05%	1.01%	0.29%	-3.79%	-2.06%	-0.92%
Profit Margin	-0.84%	0.96%	-7.91%	-2.29%	-2.50%	-0.35%
FCF Margin	11.62%	9.26%	14.86%	4.38%	3.73%	13.77%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 29, 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	-	499.25	-	-	-	-
Forward PE	15.22	28.13	82.22	55.49	43.85	59.51
P/FCF Ratio	24.20	46.03	84.64	165.10	119.09	40.39
PS Ratio	2.81	4.26	12.57	7.23	4.44	5.56