Vertex, Inc. (VERX)
Technology · Software - Application · NasdaqGM
Vertex, Inc. revenue & earnings — last 8 fiscal years
| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $272.40M | $321.50M | $374.67M | $425.55M | $491.62M | $572.39M | $666.78M | $748.44M |
| Gross profit | $176.71M | $211.12M | $209.28M | $263.66M | $298.49M | $348.58M | $426.13M | $481.60M |
| Net income | $-6.11M | $31.06M | $-75.08M | $-1.48M | $-12.30M | $-13.09M | $-52.73M | $7.21M |
| Net margin | -2.2% | 9.7% | -20.0% | -0.3% | -2.5% | -2.3% | -7.9% | 1.0% |
Source: Vertex, Inc. SEC filings (10-K).
What growth is priced into VERX stock?
At today's market cap of $1.97B, Vertex, Inc. is priced for free-cash-flow growth of about 17.6% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $47.59M from the FY ending 2025-12-31). For comparison, free cash flow actually grew 4.3%/yr over the last five fiscal years and revenue 14.8%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 8 years of Vertex, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
Open the interactive view — freeOr start a 7-day free trial to track VERX in your portfolio →
Vertex, Inc. financial history by metric
About Vertex, Inc.
Vertex, Inc., together with its subsidiaries, provides enterprise tax technology solutions for retail trade, wholesale trade, and manufacturing industries in the United States and internationally. The company offers transaction determination; compliance and reporting, including workflow management tools; tax data management and document management solutions; analytics and insights; pre-built integration that includes mapping data fields, and business logic and configurations; industry-specific solutions support certain industries for indirect tax needs, such as retail, communications, and leasing; and technology specific solutions, such as chain flow accelerator and SAP-specific tools. It provides implementation services, such as configuration, data migration and implementation, and support and training; E-invoicing, an end-to-end e-invoicing process; and managed services, including indirect tax return preparation, filing and tax payment, and notice management. The company sells its software products through software licenses and software as a service subscription. Vertex, Inc. has a strategic collaboration with xSuite Group GmbH to support SAP customers. The company was founded in 1978 and is headquartered in King of Prussia, Pennsylvania.
Vertex, Inc. — frequently asked questions
What is Vertex, Inc.'s revenue?
Vertex, Inc. (VERX) reported revenue of $748.44M for fiscal year 2025, up 12.2% from the prior year, according to its SEC filings.
Is Vertex, Inc. profitable?
Yes. VERX earned net income of $7.21M in fiscal 2025, a net margin of 1.0%.
What is VERX's P/E ratio?
Vertex, Inc. trades at a price-to-earnings ratio of about 0.0 based on the latest data in our nightly-refreshed cache.
How fast is Vertex, Inc. growing?
VERX's revenue grew at roughly 14.8% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Vertex, Inc. have?
As of fiscal year 2025, VERX carried roughly $337.48M in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Vertex, Inc.'s gross margin?
VERX's gross margin was 64.3% in fiscal 2025 — gross profit of $481.60M on revenue of $748.44M.
What is Vertex, Inc.'s market cap?
Vertex, Inc. (VERX) has a market capitalization of about $1.97B, based on the latest data in our nightly-refreshed cache.
When does Vertex, Inc.'s fiscal year end?
VERX's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into VERX stock?
At today's market cap of $1.97B, Vertex, Inc. is priced for free-cash-flow growth of about 17.6% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $47.59M from the FY ending 2025-12-31). For comparison, free cash flow actually grew 4.3%/yr over the last five fiscal years and revenue 14.8%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Vertex, Inc.'s official SEC filings (10-K and 10-Q), covering 8 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.