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Vertex, Inc.

VERX

Vertex is a leading provider of enterprise tax compliance technology designed to automate and govern global commerce obligations.

Market cap
$2.05B-62.0%
Revenue$768.0M+11.8%
Net income$11.7M+122%
Free cash flow$133.4M+432%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 3, 2026 (In 5 days)
Revenue estimate$202.3M
EPS estimate$0.19

Financials

Q1 2026

Income statement

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Revenue$196.6M+11.1%
Gross profit$124.9M+10.5%
Operating income-$10.6M-336%
Net income-$2.5M-123%

Balance sheet

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Cash & equivalents$252.5M-6.6%
Total debt$350.1M-0.3%
Total equity$246.5M+23.0%
Total assets$1.2B+5.2%

Cash flow

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Operating cash flow$38.0M+157%
CapEx$22.0M
Free cash flow$16.0M

Valuation & ratios

Valuation

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Market cap$2.05B-62.0%
Enterprise value$2.14B-60.6%
P/E174.8×
P/S2.7×-4.9×

Profitability

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Gross margin64.3%-0.3pp

Returns & leverage

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Debt / equity1.4×-0.3×
Current ratio0.9×-0.1×

Segments

By product

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Cloud Subscriptions$96.8M+20.7%
Software Licenses$70.4M-0.3%
Service Other$29.5M+12.2%

By segment

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Single Reportable$196.6M+11.1%

Competitors

Profile

Vertex is a leading provider of enterprise tax compliance technology designed to automate and govern global commerce obligations. The company's platform manages the complexity of indirect taxes, such as sales tax and VAT, by embedding automated calculation and reporting into core business workflows. Their value proposition centers on reducing compliance risk and operational friction for large-scale enterprises operating across thousands of global jurisdictions.

Competitive position

A long-standing market leader with over 45 years of experience, serving the majority of the Fortune 500 across nearly 200 countries.

GeographiesGlobal, North America, Europe
Customer segmentsEnterprise, Fortune 500, Multinational Corporations
Business modelSubscription SaaS, Hybrid Cloud, Professional Services
SuppliersCloud infrastructure providers, Tax regulatory data sources, Software developers
CustomersGlobal retailers, E-commerce platforms, Manufacturing firms, Service providers
Listed2020
Employees1.5K
CEOChristopher David Young
FilingsSEC EDGAR

Questions, answered.

What is Vertex, Inc.'s market cap?
Vertex, Inc. (VERX) has a market capitalization of $2.0B and trades on NASDAQ.
What is Vertex, Inc.'s revenue and profitability?
Vertex, Inc. generated $768.0M in trailing twelve-month revenue with net income of $11.7M, representing a net margin of -7.3%. Gross margin stands at 64.3%, with free cash flow of $133.4M. These figures are based on the Q1 2026 filing.
Who are Vertex, Inc.'s competitors?
Vertex, Inc.'s key competitors include Thomson Reuters, CSP Inc., Intellinetics, Inc., and others. These companies compete in similar markets and product categories.
Who does Vertex, Inc. partner with?
Vertex, Inc.'s notable partners include SAP, Oracle, Microsoft, and others.
Where is Vertex, Inc. headquartered?
Vertex, Inc. is headquartered in United States of America and employs approximately 1,500 people. It has been publicly traded since 2020.