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Vertex, Inc. logo

Vertex, Inc.

VERX

NASDAQTechnologySoftware - Application

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Previous close

$13.47

−$0.11 · -0.81%

Aug 21, 4:00 PM ET

VERX company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

53

Fair Value

Momentum

28

Weakening

Sentiment

70

Bullish

Risk resilience

36

High Risk

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Company profile

Company website

Vertex, Inc. specializes in delivering advanced tax technology solutions to corporations across various sectors, including retail, communication, leasing, and manufacturing. These services are provided to clients both within the United States and globally. Its comprehensive product portfolio encompasses tools for tax determination, compliance and reporting, efficient tax data and document management, pre-built integration capabilities, and specialized solutions tailored to specific industries. Clients can access their software through traditional on-premise licenses or via cloud-based Software as a Service (SaaS) subscriptions. Beyond its software offerings, Vertex also delivers essential support services. These include implementation and training for its licensed and cloud-based products, as well as outsourced transaction tax return processing and other ancillary tax-related consultations. Established in 1978, Vertex, Inc. has its headquarters situated in King of Prussia, Pennsylvania.

Industry
Software - Application
Sector
Technology
Headquarters
US
CEO
Christopher David Young
Listed since
Jul 29, 2020
Employees
2,000

Market position

Day range

Current $13.47

52-week range

Current $13.47

Open
$13.515
Previous close
$13.58
Volume
912K
0.48× average
Average volume
1.89M
Average daily volume
Market cap
2.19B USD
Beta
0.81
Market reference 1
50-day average
$12.3087
+9.43% above average
200-day average
$14.9214
-9.73% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
2.93B USD
P/E (TTM)
440.2×
P/B (TTM)
9.01×
P/S (TTM)
2.77×
EV / EBITDA
27.99×
Earnings yield
0.25%
Free cash flow yield
1.65%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
62.05%
Operating margin
-0.18%
Net margin
0.45%
Return on equity
2.79%
Return on assets
0.57%
Return on invested capital
-1.07%

Financial health

Debt / equity
1.45×
Current ratio
0.98×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends71%42%14%-15%Gross margin, FY2021: 61.96%Gross margin, FY2022: 60.72%Gross margin, FY2023: 60.90%Gross margin, FY2024: 63.91%Gross margin, FY2025: 60.73%Operating margin, FY2021: -0.69%Operating margin, FY2022: -1.64%Operating margin, FY2023: -3.06%Operating margin, FY2024: -0.33%Operating margin, FY2025: -1.05%Net margin, FY2021: -0.35%Net margin, FY2022: -2.50%Net margin, FY2023: -2.29%Net margin, FY2024: -7.91%Net margin, FY2025: 0.96%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 61.96%. Gross margin FY2022 60.72%. Gross margin FY2023 60.90%. Gross margin FY2024 63.91%. Gross margin FY2025 60.73%. Operating margin FY2021 -0.69%. Operating margin FY2022 -1.64%. Operating margin FY2023 -3.06%. Operating margin FY2024 -0.33%. Operating margin FY2025 -1.05%. Net margin FY2021 -0.35%. Net margin FY2022 -2.50%. Net margin FY2023 -2.29%. Net margin FY2024 -7.91%. Net margin FY2025 0.96%.

Income trends

Revenue

748.44M USD+12.25%

Operating income

−7.85M USD-252.15%

Net income

7.21M USD+59.94M USD
Income trends across reported periods828.56M USD508.09M USD187.62M USD−132.85M USDRevenue, FY2021: 425.55M USDRevenue, FY2022: 491.62M USDRevenue, FY2023: 572.39M USDRevenue, FY2024: 666.78M USDRevenue, FY2025: 748.44M USDOperating income, FY2021: −2.94M USDOperating income, FY2022: −8.08M USDOperating income, FY2023: −17.51M USDOperating income, FY2024: −2.23M USDOperating income, FY2025: −7.85M USDNet income, FY2021: −1.48M USDNet income, FY2022: −12.3M USDNet income, FY2023: −13.09M USDNet income, FY2024: −52.73M USDNet income, FY2025: 7.21M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 425.55M USD. Revenue FY2022 491.62M USD. Revenue FY2023 572.39M USD. Revenue FY2024 666.78M USD. Revenue FY2025 748.44M USD. Operating income FY2021 −2.94M USD. Operating income FY2022 −8.08M USD. Operating income FY2023 −17.51M USD. Operating income FY2024 −2.23M USD. Operating income FY2025 −7.85M USD. Net income FY2021 −1.48M USD. Net income FY2022 −12.3M USD. Net income FY2023 −13.09M USD. Net income FY2024 −52.73M USD. Net income FY2025 7.21M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue748.44M USD666.78M USD572.39M USD491.62M USD425.55M USD
Cost of goods sold293.93M USD240.65M USD223.81M USD193.13M USD161.89M USD
Gross profit454.51M USD426.13M USD348.58M USD298.49M USD263.66M USD
Research and development83.72M USD66.67M USD58.21M USD41.88M USD44.02M USD
Selling, general, and administrative368.35M USD323.41M USD286.17M USD246.99M USD206.01M USD
Operating expenses462.36M USD428.35M USD366.09M USD306.57M USD266.6M USD
Interest income5.25M USD4.14M USD———
Interest expense——4.16M USD2.05M USD984K USD
Depreciation and amortization96.93M USD86.74M USD74.46M USD61.15M USD44.78M USD
Operating income−7.85M USD−2.23M USD−17.51M USD−8.08M USD−2.94M USD
Net income7.21M USD−52.73M USD−13.09M USD−12.3M USD−1.48M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
82%
9 beats, 0 misses, 2 met estimates
Average EPS surprise
+10.46%
11 comparable reports
Latest EPS result
0.2
Estimate 0.19 · Beat by 4.82%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.260.210.160.11Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25MetQ1 '26MetQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 27, 2025: actual 0.15, estimate 0.13, surprise +15.38%, Beat. Q2 2025, reported May 7, 2025: actual 0.15, estimate 0.13, surprise +15.38%, Beat. Q3 2025, reported Aug 6, 2025: actual 0.15, estimate 0.14, surprise +7.14%, Beat. Q4 2025, reported Nov 3, 2025: actual 0.17, estimate 0.17, surprise 0.00%, Met estimate. Q1 2026, reported Feb 11, 2026: actual 0.17, estimate 0.17, surprise 0.00%, Met estimate. Q2 2026, reported May 7, 2026: actual 0.17, estimate 0.16, surprise +6.25%, Beat. Q3 2026, reported Aug 3, 2026: actual 0.2, estimate 0.191, surprise +4.82%, Beat. Q4 2026, reported Nov 2, 2026: actual —, estimate 0.22, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates218.17M201.67M185.17M168.67MQ1 '25BeatQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 27, 2025: actual 178.46M USD, estimate 178.21M USD, surprise +0.14%, Beat. Q2 2025, reported May 7, 2025: actual 177.06M USD, estimate 184.79M USD, surprise -4.18%, Miss. Q3 2025, reported Aug 6, 2025: actual 184.56M USD, estimate 192.77M USD, surprise -4.26%, Miss. Q4 2025, reported Nov 3, 2025: actual 192.11M USD, estimate 194.33M USD, surprise -1.14%, Miss. Q1 2026, reported Feb 11, 2026: actual 194.71M USD, estimate 194.33M USD, surprise +0.20%, Beat. Q2 2026, reported May 7, 2026: actual 196.65M USD, estimate 194.82M USD, surprise +0.94%, Beat. Q3 2026, reported Aug 3, 2026: actual 203.97M USD, estimate 202.21M USD, surprise +0.87%, Beat. Q4 2026, reported Nov 2, 2026: actual —, estimate 209.78M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

18 ratings
Strong buy00%
Buy1056%
Hold844%
Sell00%
Strong sell00%

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ETFs holding VERX

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
29.12M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
25.6M
Weight
0.03%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$299.96+0.77%
Vanguard Information Technology ETF logoVanguard Information Technology ETFVGT
Market value
23.89M
Weight
0.01%
AUM
160.2B USD
Expense ratio
0.09%
Price / 1D
$118.42+0.05%
Vanguard Morningstar Small-Cap ETF logoVanguard Morningstar Small-Cap ETFVB
Market value
21.38M
Weight
0.01%
AUM
183.4B USD
Expense ratio
0.03%
Price / 1D
$304.76+0.64%
Vanguard Morningstar Small-Cap Growth ETF logoVanguard Morningstar Small-Cap Growth ETFVBK
Market value
12.42M
Weight
0.03%
AUM
43.8B USD
Expense ratio
0.05%
Price / 1D
$358.65+0.70%
Fidelity Enhanced Small Cap ETF logoFidelity Enhanced Small Cap ETFFESM
Market value
11.81M
Weight
0.18%
AUM
6.03B USD
Expense ratio
0.28%
Price / 1D
$47.94+0.80%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
11.06M
Weight
0.01%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
iShares Russell 2000 Growth ETF logoiShares Russell 2000 Growth ETFIWO
Market value
9.29M
Weight
0.06%
AUM
15.16B USD
Expense ratio
0.24%
Price / 1D
$387.37+1.24%

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