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Vertex, Inc. VERX Q1 2026 earnings

Reported May 7, 2026 · Before market open

Revenue$196.6MBeat by $1.8M
EPS$0.17Beat by $0.01
Revenue estimate$194.8M
EPS estimate$0.16

Next report

Nov 2, 2026 (In 3 weeks)
Revenue estimate$209.7M
EPS estimate$0.22

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

as of 03/31/26
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Market cap$1.9B-65.7%
Enterprise value$2B-64.4%
P/S2.5×-5.6×

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%

FAQ

When did Vertex, Inc. report Q1 2026 earnings?
Vertex, Inc. (VERX) reported Q1 2026 earnings on May 7, 2026 before market open.
What were Vertex, Inc.'s Q1 2026 revenue and EPS?
Vertex, Inc. reported revenue of $196.6M and eps of $0.17 for Q1 2026.
Did Vertex, Inc. beat estimates in Q1 2026?
Revenue beat the consensus estimate of $194.8M by $1.8M. EPS beat the consensus estimate of $0.16 by $0.01.
How did Vertex, Inc.'s Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 11.1% from $177.1M a year earlier and eps grew 13.3% from $0.15.
Where can I find Vertex, Inc.'s Q1 2026 SEC filings?
You can read the 8-K earnings release (0001104659-26-056674) and the 10-Q periodic report (0001104659-26-057207) directly on SEC EDGAR. The filing index links above go to sec.gov.