
VERX — Vertex
NASDAQ · Technology · Software - Application
$13.72
-$0.11 (-0.80%)
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
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.
| Line | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|
| 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
- Website
- www.vertexinc.com
- Phone
- 800 355 3500
- IPO / Founded
- 2020-07-29
- Sector
- Technology
- Industry
- Software - Application