Vertex, Inc. (VERX)
NASDAQ: VERX · Real-Time Price · USD
13.32
+0.08 (0.60%)
At close: Jul 29, 2026, 4:00 PM EDT
13.00
-0.32 (-2.40%)
After-hours: Jul 29, 2026, 7:57 PM EDT

Revenue

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18
Software Licenses Revenue
286.48M286.71M291.08M
Cloud Subscriptions Revenue
369.56M352.94M276.04M
Software Subscriptions Revenue
656.04M639.65M567.12M
Services Revenue
111.99M108.79M99.65M
Revenue (Total)
768.03M748.44M666.78M

Gross Profit

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18
Software Subscriptions Gross Profit
461.29M451.84M391.54M
Services Gross Profit
32.18M29.76M34.58M
Gross Profit (Total)
493.48M481.60M426.13M

Key Performance Indicators

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18
Annual Recurring Revenue (ARR)
687.60M671.00M603.10M
Direct - Customer Count
4.90K4.87K4.92K
Indirect - Customer Count
530.00515.00464.00
Total Customer Count
5.43K5.38K5.38K
Average Annual Revenue per Customer
140.46K137.87K122.71K
Net Revenue Retention Rate
105.00%105.00%109.00%
Gross Revenue Retention Rate
95.00%94.00%95.00%