Vertex Inc
VERX
ISIN null / Valor 55908112
Vertex Inc
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About company
Vertex Inc. specializes in providing comprehensive tax technology solutions, focusing on sales and use tax automation for e-commerce businesses. The company offers real-time tax calculation and address cleansing by centralizing tax rules and rates, which helps online sellers streamline their tax management processes. Vertex is integrated with various platforms, including BigCommerce, Adobe Commerce, and Magento, to deliver efficient tax solutions tailored to enterprise and community editions. Additionally, as part of the Mirakl Connect ecosystem, Vertex supports global tax management, compliance, and reporting for marketplace operators. Their services enable businesses to automate tax calculations and confidently handle audits, enhancing overall operational efficiency.
Summarized from source with an LLMView SourceSector: TechnologyLatest Results (04.10.2025):
Vertex Inc. reported its second quarter of 2025 with total revenues reaching $184.6 million, marking a 14.6% year-over-year increase. While the company demonstrated strong revenue growth and maintained healthy profitability and cash flow, it reported a net loss of $1.0 million compared to a net income of $5.2 million in the same period last year.
Total Revenue Growth
Vertex Inc.'s total revenues for Q2 2025 were $184.6 million, reflecting a 14.6% increase compared to the second quarter of 2024. This growth was driven by a 15.7% rise in software subscription revenues and a substantial 29.9% increase in cloud revenues.
Annual Recurring Revenue (ARR)
The company's ARR reached $636.6 million, a 16.1% year-over-year growth, which includes an additional $10.8 million from the ecosio acquisition in Q3 2024. Excluding this acquisition, ARR growth stood at 14.1%.
Profitability Metrics
Despite revenue growth, Vertex Inc. reported a net loss of $1.0 million for Q2 2025, compared to a net income of $5.2 million in Q2 2024. The non-GAAP operating income was $32.2 million, slightly down from $33.3 million in the prior year.
Financial Outlook
For the third quarter of 2025, Vertex Inc. expects revenues between $190.0 million and $193.0 million, and an Adjusted EBITDA ranging from $38.0 million to $40.0 million. However, the company has reduced its full-year 2025 revenue guidance to between $750.0 million and $754.0 million due to extended sales cycles and delayed customer decision-making.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
1530 M
Market cap (USD)
1,725,280
Daily traded volume (Shares)
53.32 / 52
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
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Dividend yield (p.a.)
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P/E ratio
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EPS (USD)
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Ratings & reviews
Theo Gales Dobson
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