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Vertex, Inc. (VERX)
NASDAQ: VERX · Real-Time Price · USD
12.60
+0.36 (2.94%)
Apr 17, 2026, 10:51 AM EDT - Market open

Revenue

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18
Software Licenses Revenue
286.71M291.08M
Software Licenses Revenue Growth
-1.50%9.34%
Cloud Subscriptions Revenue
352.94M276.04M
Cloud Subscriptions Revenue Growth
27.86%28.62%
Software Subscriptions Revenue
639.65M567.12M
Software Subscriptions Revenue Growth
12.79%17.95%
Services Revenue
108.79M99.65M
Services Revenue Growth
9.17%8.84%
Revenue (Total)
748.44M666.78M
Revenue (Total) Growth
12.25%16.49%

Gross Profit

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18
Software Subscriptions Gross Profit
451.84M391.54M
Software Subscriptions Gross Profit Growth
15.40%23.16%
Services Gross Profit
29.76M34.58M
Services Gross Profit Growth
-13.93%12.76%
Gross Profit (Total)
481.60M426.13M
Gross Profit (Total) Growth
13.02%22.25%

Key Performance Indicators

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18
Annual Recurring Revenue (ARR)
671.00M603.10M
Annual Recurring Revenue (ARR) Growth
11.26%17.68%
Direct - Customer Count
4.87K4.92K
Direct - Customer Count Growth
-0.98%14.04%
Indirect - Customer Count
515.00464.00
Indirect - Customer Count Growth
10.99%14.85%
Total Customer Count
5.38K5.38K
Total Customer Count Growth
0.06%14.11%
Average Annual Revenue per Customer
137.87K122.71K
Average Annual Revenue per Customer Growth
12.36%3.19%
Net Revenue Retention Rate
105.00%109.00%
Gross Revenue Retention Rate
94.00%95.00%
Updated Feb 11, 2026. Data Source: Fiscal.ai.