VERX
Vertex, Inc.
Price Chart
No historical data available
Latest Quote
$14.22
-0.08 (-0.52%)
Current Price
| Previous Close | $14.30 |
| Open | $14.24 |
| Day High | $14.45 |
| Day Low | $14.18 |
| Volume | 906,887 |
Stock Information
| Shares Outstanding | 80.06M |
| Total Debt | $349.92M |
| Cash Equivalents | $230.49M |
| Revenue | $787.44M |
| Net Income | $3.58M |
| Sector | Technology |
| Industry | Software - Application |
| Market Cap | $2.31B |
| P/E Ratio | 711.25 |
| EPS (TTM) | $0.02 |
| Exchange | NGM |
Recent Price History
No history data available. Data will be fetched automatically.
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.
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $190,986,000 | $174,864,000 | $164,549,000 | $144,419,000 |
| Cost Of Revenue | $266,843,000 | $240,651,000 | $223,808,000 | $193,132,000 |
| Total Revenue | $748,444,000 | $666,776,000 | $572,387,000 | $491,624,000 |
| Operating Revenue | $748,444,000 | $666,776,000 | $572,387,000 | $491,624,000 |
| Expenses | ||||
| Total Expenses | $763,113,000 | $651,504,000 | $589,897,000 | $499,706,000 |
| Other Income Expense | $17,000,000 | $-17,500,000 | - | - |
| Net Non Operating Interest Income Expense | $5,248,000 | $4,137,000 | $-4,164,000 | $-2,048,000 |
| Operating Expense | $496,270,000 | $410,853,000 | $366,089,000 | $306,574,000 |
| Other Operating Expenses | $12,570,000 | $-175,000 | $6,502,000 | $5,271,000 |
| Selling And Marketing Expense | $196,488,000 | $170,574,000 | $140,237,000 | $125,335,000 |
| General And Administrative Expense | $178,685,000 | $152,835,000 | $145,936,000 | $121,651,000 |
| Interest Expense | - | - | $4,164,000 | $2,048,000 |
| Interest Expense Non Operating | - | - | $4,164,000 | $2,048,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $7,211,000 | $-52,729,000 | $-13,093,000 | $-12,304,000 |
| Net Interest Income | $5,248,000 | $4,137,000 | $-4,164,000 | $-2,048,000 |
| Interest Income | $5,248,000 | $4,137,000 | - | - |
| Normalized Income | $-8,956,000 | $-38,904,000 | $-13,093,000 | $-12,304,000 |
| Net Income From Continuing And Discontinued Operation | $7,211,000 | $-52,729,000 | $-13,093,000 | $-12,304,000 |
| Total Operating Income As Reported | $2,331,000 | $-2,228,000 | $-17,510,000 | $-8,082,000 |
| Net Income Common Stockholders | $7,211,000 | $-52,729,000 | $-13,093,000 | $-12,304,000 |
| Net Income | $7,211,000 | $-52,729,000 | $-13,093,000 | $-12,304,000 |
| Net Income Including Noncontrolling Interests | $7,211,000 | $-52,729,000 | $-13,093,000 | $-12,304,000 |
| Net Income Continuous Operations | $7,211,000 | $-52,729,000 | $-13,093,000 | $-12,304,000 |
| Pretax Income | $7,579,000 | $1,909,000 | $-21,674,000 | $-10,130,000 |
| Special Income Charges | $17,000,000 | $-17,500,000 | $0 | $0 |
| Interest Income Non Operating | $5,248,000 | $4,137,000 | - | - |
| Operating Income | $-14,669,000 | $15,272,000 | $-17,510,000 | $-8,082,000 |
| Depreciation Amortization Depletion Income Statement | $24,812,000 | $20,953,000 | $15,202,000 | $12,440,000 |
| Depreciation And Amortization In Income Statement | $24,812,000 | $20,953,000 | $15,202,000 | $12,440,000 |
| Gross Profit | $481,601,000 | $426,125,000 | $348,579,000 | $298,492,000 |
| Per Share | ||||
| Diluted EPS | $0.04 | $-0.34 | $-0.09 | $-0.08 |
| Basic EPS | $0.04 | $-0.34 | $-0.09 | $-0.08 |
| Other | ||||
| Tax Effect Of Unusual Items | $833,000 | $-3,675,000 | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $69,000,000 | $119,512,000 | $56,951,000 | $53,071,000 |
| Total Unusual Items | $17,000,000 | $-17,500,000 | $0 | $0 |
| Total Unusual Items Excluding Goodwill | $17,000,000 | $-17,500,000 | $0 | $0 |
| Reconciled Depreciation | $100,669,000 | $86,740,000 | $74,461,000 | $61,153,000 |
| EBITDA (Bullshit earnings) | $86,000,000 | $102,012,000 | $56,951,000 | $53,071,000 |
| EBIT | $-14,669,000 | $15,272,000 | $-17,510,000 | $-8,082,000 |
| Diluted Average Shares | $180,275,000 | $155,085,294 | $151,859,000 | $149,645,000 |
| Basic Average Shares | $180,275,000 | $155,085,294 | $151,859,000 | $149,645,000 |
| Diluted NI Availto Com Stockholders | $7,211,000 | $-52,729,000 | $-13,093,000 | $-12,304,000 |
| Tax Provision | $368,000 | $54,638,000 | $-8,581,000 | $2,174,000 |
| Restructuring And Mergern Acquisition | $-17,000,000 | $17,500,000 | $0 | $0 |
| Research And Development | $83,715,000 | $66,666,000 | $58,212,000 | $41,877,000 |
| Selling General And Administration | $375,173,000 | $323,409,000 | $286,173,000 | $246,986,000 |
| Other Gand A | $178,685,000 | $152,835,000 | $145,936,000 | $121,651,000 |
Fetched: 2026-08-22
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $-172,566,000 | $-220,019,000 | $-46,028,000 | $-66,310,000 |
| Total Assets | $1,270,835,000 | $1,166,791,000 | $759,927,000 | $719,192,000 |
| Total Non Current Assets | $710,128,000 | $630,458,000 | $493,306,000 | $476,046,000 |
| Other Non Current Assets | $12,245,000 | $14,073,000 | $16,013,000 | $15,333,000 |
| Non Current Deferred Assets | $31,992,000 | $27,499,000 | $62,945,000 | $46,401,000 |
| Non Current Deferred Taxes Assets | $85,000 | $19,000 | $41,708,000 | $30,938,000 |
| Goodwill And Other Intangible Assets | $431,486,000 | $399,371,000 | $299,009,000 | $296,035,000 |
| Other Intangible Assets | $38,993,000 | $41,548,000 | $41,167,000 | $44,193,000 |
| Current Assets | $560,707,000 | $536,333,000 | $266,621,000 | $243,146,000 |
| Other Current Assets | $4,666,000 | $4,088,000 | $3,995,000 | $22,340,000 |
| Restricted Cash | $24,286,000 | $30,015,000 | $20,976,000 | $14,945,000 |
| Prepaid Assets | $34,300,000 | $32,590,000 | $22,178,000 | $22,340,000 |
| Receivables | $183,446,000 | $164,432,000 | $141,752,000 | $102,885,000 |
| Accounts Receivable | $183,446,000 | $164,432,000 | $141,752,000 | $102,885,000 |
| Allowance For Doubtful Accounts Receivable | $-11,466,000 | $-16,838,000 | $-16,272,000 | $-9,554,000 |
| Gross Accounts Receivable | $194,912,000 | $181,270,000 | $158,024,000 | $112,439,000 |
| Cash Cash Equivalents And Short Term Investments | $314,009,000 | $305,208,000 | $77,720,000 | $102,976,000 |
| Cash And Cash Equivalents | $314,009,000 | $296,051,000 | $68,175,000 | $91,803,000 |
| Debt | ||||
| Net Debt | $23,468,000 | $39,169,000 | - | - |
| Total Debt | $350,772,000 | $351,887,000 | $66,968,000 | $73,517,000 |
| Long Term Debt And Capital Lease Obligation | $346,434,000 | $347,815,000 | $60,677,000 | $67,140,000 |
| Long Term Debt | $337,477,000 | $335,220,000 | $44,059,000 | $46,709,000 |
| Current Debt And Capital Lease Obligation | $4,338,000 | $4,072,000 | $6,291,000 | $6,377,000 |
| Current Debt | - | - | $2,500,000 | $2,188,000 |
| Other Current Borrowings | - | - | $2,500,000 | $2,188,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $1,011,915,000 | $987,439,000 | $506,946,000 | $489,467,000 |
| Total Non Current Liabilities Net Minority Interest | $437,252,000 | $450,063,000 | $66,167,000 | $86,258,000 |
| Other Non Current Liabilities | $79,600,000 | $87,400,000 | $2,600,000 | $8,412,000 |
| Non Current Deferred Liabilities | $11,218,000 | $14,848,000 | $2,890,000 | $10,706,000 |
| Non Current Deferred Taxes Liabilities | $5,664,000 | $9,918,000 | $0 | - |
| Current Liabilities | $574,663,000 | $537,376,000 | $440,779,000 | $403,209,000 |
| Other Current Liabilities | $47,702,000 | $62,506,000 | $29,632,000 | $18,270,000 |
| Current Deferred Liabilities | $382,839,000 | $339,326,000 | $290,143,000 | $291,480,000 |
| Payables And Accrued Expenses | $105,191,000 | $85,965,000 | $80,608,000 | $63,353,000 |
| Payables | $44,657,000 | $41,370,000 | $28,961,000 | $14,329,000 |
| Total Tax Payable | $7,100,000 | $5,155,000 | $5,365,000 | - |
| Accounts Payable | $37,557,000 | $36,215,000 | $23,596,000 | $14,329,000 |
| Dividends Payable | - | - | - | $0 |
| Equity | ||||
| Common Stock Equity | $258,920,000 | $179,352,000 | $252,981,000 | $229,725,000 |
| Total Equity Gross Minority Interest | $258,920,000 | $179,352,000 | $252,981,000 | $229,725,000 |
| Stockholders Equity | $258,920,000 | $179,352,000 | $252,981,000 | $229,725,000 |
| Gains Losses Not Affecting Retained Earnings | $-1,368,000 | $-45,879,000 | $-21,742,000 | $-27,752,000 |
| Other Equity Adjustments | $-1,368,000 | $-45,879,000 | $-21,742,000 | $-27,752,000 |
| Retained Earnings | $-46,104,000 | $-53,315,000 | $-586,000 | $12,507,000 |
| Other | ||||
| Treasury Shares Number | $504,000 | - | - | - |
| Ordinary Shares Number | $159,231,641 | $157,151,000 | $153,650,000 | $150,321,000 |
| Share Issued | $159,735,641 | $157,151,000 | $153,650,000 | $150,321,000 |
| Tangible Book Value | $-172,566,000 | $-220,019,000 | $-46,028,000 | $-66,310,000 |
| Invested Capital | $596,397,000 | $514,572,000 | $299,540,000 | $278,622,000 |
| Working Capital | $-13,956,000 | $-1,043,000 | $-174,158,000 | $-160,063,000 |
| Capital Lease Obligations | $13,295,000 | $16,667,000 | $20,409,000 | $24,620,000 |
| Total Capitalization | $596,397,000 | $514,572,000 | $297,040,000 | $276,434,000 |
| Treasury Stock | $10,094,000 | $0 | - | - |
| Additional Paid In Capital | $316,327,000 | $278,389,000 | $275,155,000 | $244,820,000 |
| Capital Stock | $159,000 | $157,000 | $154,000 | $150,000 |
| Common Stock | $159,000 | $157,000 | $154,000 | $150,000 |
| Preferred Stock | $0 | $0 | $0 | $0 |
| Non Current Deferred Revenue | $5,209,000 | $4,840,000 | $2,577,000 | $10,289,000 |
| Long Term Capital Lease Obligation | $8,957,000 | $12,595,000 | $16,618,000 | $20,431,000 |
| Current Deferred Revenue | $382,839,000 | $339,326,000 | $290,143,000 | $268,847,000 |
| Current Capital Lease Obligation | $4,338,000 | $4,072,000 | $3,791,000 | $4,189,000 |
| Pensionand Other Post Retirement Benefit Plans Current | $34,593,000 | $45,507,000 | $34,105,000 | $23,729,000 |
| Current Accrued Expenses | $60,534,000 | $44,595,000 | $51,647,000 | $49,024,000 |
| Investments And Advances | $15,000,000 | $0 | - | - |
| Goodwill | $392,493,000 | $357,823,000 | $257,842,000 | $251,842,000 |
| Net PPE | $219,405,000 | $189,515,000 | $115,339,000 | $118,277,000 |
| Accumulated Depreciation | $-277,802,000 | $-204,113,000 | $-162,914,000 | $-181,849,000 |
| Gross PPE | $497,207,000 | $393,628,000 | $278,253,000 | $300,126,000 |
| Leases | $20,395,000 | $20,096,000 | $20,662,000 | $20,929,000 |
| Construction In Progress | $21,416,000 | $28,916,000 | $28,883,000 | $18,200,000 |
| Other Properties | $26,104,000 | $26,342,000 | $36,617,000 | $56,425,000 |
| Machinery Furniture Equipment | $429,292,000 | $318,274,000 | $192,091,000 | $204,572,000 |
| Properties | $0 | $0 | $0 | $0 |
| Other Short Term Investments | $0 | $9,157,000 | $9,545,000 | $11,173,000 |
Fetched: 2026-08-22
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $47,589,000 | $77,708,000 | $6,099,000 | $3,428,000 |
| Operating Activities | ||||
| Operating Cash Flow | $165,543,000 | $164,821,000 | $74,332,000 | $63,848,000 |
| Cash Flow From Continuing Operating Activities | $165,543,000 | $164,821,000 | $74,332,000 | $63,848,000 |
| Investing Activities | ||||
| Capital Expenditure | $-117,954,000 | $-87,113,000 | $-68,233,000 | $-60,420,000 |
| Investing Cash Flow | $-123,745,000 | $-158,151,000 | $-66,171,000 | $-72,048,000 |
| Cash Flow From Continuing Investing Activities | $-123,745,000 | $-158,151,000 | $-66,171,000 | $-72,048,000 |
| Capital Expenditure Reported | $-21,718,000 | $-21,344,000 | $-18,972,000 | $-14,888,000 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-10,094,000 | $0 | $0 | - |
| Financing Cash Flow | $-32,782,000 | $231,257,000 | $-26,482,000 | $17,094,000 |
| Cash Flow From Continuing Financing Activities | $-32,782,000 | $231,257,000 | $-26,482,000 | $17,094,000 |
| Net Other Financing Charges | $-34,554,000 | $-74,328,000 | $-31,516,000 | $-33,850,000 |
| Net Common Stock Issuance | $-10,094,000 | $0 | $0 | $0 |
| Cash Dividends Paid | - | $0 | $0 | $-536,000 |
| Issuance Of Capital Stock | - | - | - | $0 |
| Common Stock Issuance | - | - | - | $0 |
| Other | ||||
| Repayment Of Debt | $-76,000 | $-50,872,000 | $-2,291,000 | $-2,292,000 |
| Issuance Of Debt | $0 | $345,000,000 | $0 | $50,000,000 |
| End Cash Position | $338,295,000 | $326,066,000 | $89,151,000 | $106,748,000 |
| Beginning Cash Position | $326,066,000 | $89,151,000 | $106,748,000 | $98,206,000 |
| Effect Of Exchange Rate Changes | $3,213,000 | $-1,012,000 | $724,000 | $-352,000 |
| Changes In Cash | $9,016,000 | $237,927,000 | $-18,321,000 | $8,894,000 |
| Proceeds From Stock Option Exercised | $11,942,000 | $11,457,000 | $7,325,000 | $3,772,000 |
| Common Stock Payments | $-10,094,000 | $0 | $0 | - |
| Net Issuance Payments Of Debt | $-76,000 | $294,128,000 | $-2,291,000 | $47,708,000 |
| Net Long Term Debt Issuance | $-76,000 | $294,128,000 | $-2,291,000 | $47,708,000 |
| Long Term Debt Payments | $-76,000 | $-50,872,000 | $-2,291,000 | $-2,292,000 |
| Long Term Debt Issuance | $0 | $345,000,000 | $0 | $50,000,000 |
| Net Investment Purchase And Sale | $-5,791,000 | $717,000 | $2,062,000 | $-11,154,000 |
| Sale Of Investment | $11,607,000 | $16,710,000 | $18,390,000 | $5,364,000 |
| Purchase Of Investment | $-17,398,000 | $-15,993,000 | $-16,328,000 | $-16,518,000 |
| Net Business Purchase And Sale | $0 | $-71,755,000 | $0 | $-474,000 |
| Purchase Of Business | $0 | $-71,755,000 | $0 | $-474,000 |
| Net PPE Purchase And Sale | $-96,236,000 | $-65,769,000 | $-49,261,000 | $-45,532,000 |
| Purchase Of PPE | $-96,236,000 | $-65,769,000 | $-49,261,000 | $-45,532,000 |
| Change In Working Capital | $13,670,000 | $16,174,000 | $-19,652,000 | $-11,213,000 |
| Change In Other Working Capital | $32,495,000 | $47,932,000 | $13,554,000 | $16,236,000 |
| Change In Other Current Liabilities | $-4,323,000 | $-3,999,000 | $-4,224,000 | $-4,041,000 |
| Change In Payables And Accrued Expense | $4,183,000 | $8,524,000 | $22,594,000 | $4,428,000 |
| Change In Accrued Expense | $2,958,000 | $-3,091,000 | $13,353,000 | $3,059,000 |
| Change In Payable | $1,225,000 | $11,615,000 | $9,241,000 | $1,369,000 |
| Change In Account Payable | $1,225,000 | $11,615,000 | $9,241,000 | $1,369,000 |
| Change In Prepaid Assets | $-5,805,000 | $-14,207,000 | $-6,354,000 | $-2,171,000 |
| Change In Receivables | $-12,880,000 | $-22,076,000 | $-45,222,000 | $-25,665,000 |
| Changes In Account Receivables | $-12,880,000 | $-22,076,000 | $-45,222,000 | $-25,665,000 |
| Other Non Cash Items | $-11,075,000 | $15,668,000 | $8,188,000 | $7,654,000 |
| Stock Based Compensation | $57,763,000 | $47,425,000 | $33,919,000 | $19,729,000 |
| Provisionand Write Offof Assets | $2,700,000 | $199,000 | $2,083,000 | $-196,000 |
| Asset Impairment Charge | $0 | $276,000 | $0 | $370,000 |
| Deferred Tax | $-5,395,000 | $51,068,000 | $-11,574,000 | $-1,345,000 |
| Deferred Income Tax | $-5,395,000 | $51,068,000 | $-11,574,000 | $-1,345,000 |
| Depreciation Amortization Depletion | $100,669,000 | $86,740,000 | $74,461,000 | $61,153,000 |
| Depreciation And Amortization | $100,669,000 | $86,740,000 | $74,461,000 | $61,153,000 |
| Amortization Cash Flow | $3,738,000 | $4,007,000 | $2,570,000 | $0 |
| Amortization Of Intangibles | $3,738,000 | $4,007,000 | $2,570,000 | $0 |
| Depreciation | $96,931,000 | $82,733,000 | $71,891,000 | $61,153,000 |
| Net Income From Continuing Operations | $7,211,000 | $-52,729,000 | $-13,093,000 | $-12,304,000 |
| Interest Paid Supplemental Data | - | $3,287,000 | $3,729,000 | $2,221,000 |
| Income Tax Paid Supplemental Data | - | $8,593,000 | $5,652,000 | $3,059,000 |
| Net Short Term Debt Issuance | - | - | - | $0 |
| Short Term Debt Payments | - | - | - | $0 |
| Short Term Debt Issuance | - | - | - | $0 |
Fetched: 2026-08-22