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VERXVertex

NASDAQ · Technology · Software - Application

$13.83

-$0.33 (-2.33%)

Vertex (VERX) is a software - application company listed on NASDAQ. It is led by Christopher David Young, based in 2301 Renaissance Boulevard, King of Prussia, PA, United States, 19406, with about 2,100 employees. 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.

Latest reported VERX revenue for 2025-09-30 was $192.1M. Net income was $14.2M. Revenue was up 4.1% from 2025-06-30 to 2025-09-30. VERX currently screens at market cap $1.85B.

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About Vertex

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.

VERX Key Statistics

Market Cap

$1.85B

Volume

441,085

Previous Close

$13.68

Day Range

$13.30$13.57

0

P/B Ratio

7.50

EPS

$0.00

Revenue

$666.78M

Net Income

-$52.73M

Gross Profit

$0.00

Free Cash Flow

$0.00

Revenue Growth

+16.5%

Profit Margin

-7.9%

Employees

2,100

VERX Financials

Annual income statement in USD. Latest reported periods first.

VERX annual income statement across FY2024, FY2023, FY2022, FY2021
LineFY2024FY2023FY2022FY2021
Revenue$666.78M$572.39M$491.62M$425.55M
Cost of Revenue$0.00$0.00$0.00$0.00
Gross Profit$0.00$0.00$0.00$0.00
Operating Income$0.00$0.00$0.00$0.00
Net Income-$52.73M-$13.09M-$12.30M-$1.48M
EPS (Diluted)$0.00$0.00$0.00$0.00

Total Assets

$1.17B

Total Debt

$0.00

Shareholders' Equity

$0.00

Cash & Equivalents

$296.05M

Operating Cash Flow

$164.82M

Free Cash Flow

$0.00

Vertex Company Information

CEO, President & Director
Christopher David Young
Headquarters
2301 Renaissance Boulevard, King of Prussia, PA, United States, 19406
Phone
800 355 3500
IPO / Founded
2020-07-29
Industry
Software - Application
Data Updated:

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