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VERXVertex, Inc.
$13.40$2.2B
Overview & Verdict
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VERX logoVertex, Inc.(VERX)Earnings, Financials & Key Ratios

VERX•NASDAQ
$13.40
335.0× P/E·Price updated Jul 7, 2026
SectorTechnologyIndustryApplication SoftwareSub-IndustryFinancial services and insurance software
AboutVertex, Inc. provides tax technology solutions for corporations in retail, communication, leasing, and manufacturing industries in the United States and internationally. It offers tax determination, compliance and reporting, tax data management, document management, pre-built integration, and industry-specific solutions. The company sells its software products through software license and software as a service subscriptions. It also provides implementation and training services in connection with its software license and cloud subscriptions, transaction tax returns outsourcing, and other tax-related services. Vertex, Inc. was founded in 1978 and is headquartered in King of Prussia, Pennsylvania.Show more
  • Revenue$748M+12.2%
  • EBITDA$89M+5.4%
  • Net Income$7M+113.7%
  • EPS (Diluted)0.04+111.8%
  • Gross Margin60.73%-5.0%
  • EBITDA Margin11.9%-6.1%
  • Operating Margin-1.05%-213.8%
  • Net Margin0.96%+112.2%
  • ROE3.29%+113.5%

VERX Price & Volume

Vertex, Inc. (VERX) stock price & volume — 10-year historical chart

Loading chart...

Cloud Transition Pressures Vertex Operating Margin Stability

Investment Thesis • Updated 2026Q1

VerdictNegative: The company's inability to maintain consistent profitability
Growth:Decelerating
Profitability:Strained
Financial:Mixed
Cash Flow:Mixed
Primary Risk:Cloud transition execution risk

Key Thesis Takeaways

  • Vertex faces a challenging transition to a ratable SaaS model, evidenced by revenue growth decelerating to 11.1% in 2026Q1 and persistent operating losses.
  • While the company maintains a critical role in tax compliance, the combination of rising debt levels and inconsistent free cash flow margins suggests significant execution risk.
  • Investors should monitor the company's ability to achieve sustainable operating leverage as SG&A expenses continue to outpace gross profit growth.

Verdict Logic

highlighted by a 2026Q1 operating loss of $3.0 million and a current ratio of 0.86, suggests that the current valuation of 284.25x TTM P/E is not supported by underlying cash generation.

VERX Growth Metrics

Vertex, Inc. (VERX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years14.84%
3 Years15.04%
TTM11.79%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM85.48%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM87.36%

Return on Capital

10 Years-19.54%
5 Years-2.16%
3 Years-2.39%
Last Year-1.18%

VERX Recent Earnings

Vertex, Inc. (VERX) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 9/12 qtrs (75%)●Beat Revenue 8/12 qtrs (67%)
Q2 2026Latest
May 7, 2026
Metric
Actual
Est
EPS
$0.17+6.3%
$0.16
Rev
$197M+0.9%
$195M
Q1 2026
Feb 11, 2026
Metric
Actual
Est
EPS
$0.17+0.0%
$0.17
Rev
$195M+0.2%
$194M
Q4 2025
Nov 3, 2025
Metric
Actual
Est
EPS
$0.17+0.0%
$0.17
Rev
$192M-1.1%
$194M
Q3 2025
Aug 6, 2025
Metric
Actual
Est
EPS
$0.15+7.1%
$0.14
Rev
$185M-4.3%
$193M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 7, 2026
$0.17vs $0.16+6.3%
$197Mvs $195M+0.9%
Q1 2026Feb 11, 2026
$0.17vs $0.17+0.0%
$195Mvs $194M+0.2%
Q4 2025Nov 3, 2025
$0.17vs $0.17+0.0%
$192Mvs $194M-1.1%
Q3 2025Aug 6, 2025
$0.15vs $0.14+7.1%
$185Mvs $193M-4.3%
Based on last 12 quarters of dataView full earnings history →

Latest VERX News

Recent stock market news and headlines for Vertex, Inc. (VERX)

The Motley Fool·Jun 27, 2026
CRISPR Therapeutics AG vs. Vertex Pharmaceuticals: Which Healthcare Stock Is a Better Buy in 2026?

CRISPR Therapeutics AG continues to pioneer gene-editing through its landmark CASGEVY therapy while maintaining a robust cash position. Vertex Pharmaceuticals offers a profitable portfolio anchored by cystic fibrosis treatments alongside expansion into gene therapy and pain management.

Business Wire·Jun 24, 2026
Vertex Energy Announces 6,000 bpd Group III Base Oil Expansion Project

HOUSTON--(BUSINESS WIRE)-- #BaseOils--Vertex Energy, Inc. (“Vertex” or the “Company”) today announced it is advancing a project at its Mobile, Alabama refinery to produce crude-derived conventional Group III base oils through the Company's existing hydrocracker and related processing infrastructure, providing lubricant manufacturers and blenders with an additional domestic source of high-quality Group III supply. The project is designed to add an incremental 6,000 barrels per day of conventional Group III.

Seeking Alpha·Jun 24, 2026
Vertex Pharmaceuticals: Povetacicept May Redefine Growth Narrative (Rating Upgrade)

Vertex Pharmaceuticals Incorporated's R&D success extends beyond its cystic fibrosis franchise. VRTX's Povetacicept could be approved by the FDA as early as November 30th for the treatment of an autoimmune disease called immunoglobulin A nephropathy. On the other hand, despite the high commercial expectations for Journavx and Casgevy, demand remains soft.

GlobeNewsWire·Jun 24, 2026
Instruqt Becomes the First and Only Platform to Pair AI-Assisted Content Creation with Native Vertex AI, Amazon Bedrock, and GPU Environments

This new end-to-end AI enablement release enables go-to-market and education teams to build hands-on AI content faster and experience it in real, production-like AI infrastructure. It represents a combination no other hands-on platform offers today.

The Motley Fool·Jun 20, 2026
Vertex Has a Head Start in Non-Opioid Pain. Eli Lilly Just Spent Billions to Catch Up.

Vertex Pharmaceuticals and Eli Lilly are both going after the non-opioid pain management market. Vertex Pharmaceuticals has a lead, but both drugmakers could be successful in this niche.

Peers Comparison

Key metrics vs top competitors for Vertex, Inc. (VERX)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
VERX logoVERXVertex, Inc.Current
$13.40$2.17B335.0012.25%0.96%3.29%—
HYFM logoHYFMHydrofarm Holdings Group, Inc.
$0.88$4.19M-0.01-29.45%-237.25%-500.33%—
RYAN logoRYANRyan Specialty Holdings, Inc.
$41.58$5.39B88.4721.28%4.17%10.77%—
INTU logoINTUIntuit Inc.
$281.17$76.91B20.5715.63%21.91%23.29%—
ADP logoADPAutomatic Data Processing, Inc.
$245.60$98.89B24.617.07%20.12%68.69%—
PCTY logoPCTYPaylocity Holding Corporation
$118.84$6.36B29.5613.74%14.94%22.36%—

Compare VERX vs Peers

Vertex, Inc. (VERX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs HYFM

Most directly comparable listed peer for VERX.

Scale Benchmark

vs MSFT

Larger-name benchmark to compare VERX against a more recognizable public peer.

Peer Set

Compare Top 5

vs HYFM, RYAN, INTU, ADP

VERX SEC Filings & Documents

Vertex, Inc. (VERX) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 7, 2026·SEC

Material company update

Apr 28, 2026·SEC

Material company update

Feb 11, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 24, 2026·SEC

FY 2025

Feb 27, 2025·SEC

FY 2024

Feb 29, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 7, 2026·SEC

FY 2025

Nov 3, 2025·SEC

FY 2025

Aug 6, 2025·SEC

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VERX Frequently Asked Questions

Vertex, Inc. (VERX) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Vertex, Inc.'s revenue?

Vertex, Inc. (VERX) reported $768.0M in revenue for fiscal year 2025. This represents a 182% increase from $272.4M in 2018.

How fast is Vertex, Inc. growing?

Vertex, Inc. (VERX) grew revenue by 12.2% over the past year. This is steady growth.

Is VERX profitable?

Vertex, Inc. (VERX) reported a net loss of $6.4M for fiscal year 2025.

Dividend & Returns
What is VERX's return on equity?

Vertex, Inc. (VERX) has a return on equity (ROE) of 3.3%. This is below average, suggesting room for improvement.

What is Vertex, Inc.'s free cash flow?

Vertex, Inc. (VERX) generated $99.2M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in VERX back in 2018?

Total return calculator · dividends reinvested · 8+ years of data

See returns →