Stocks Technology VERX
NASDAQ · TechnologyVertex, Inc. (VERX)
Vertex, Inc. brought in $808.6M of revenue over the twelve months to September 30, 2026, up 10.4% from a year earlier. It posted a net loss of $47.1M. At September 30, 2026 it held $217.8M in cash against $339.2M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 5, 2026.
Key facts about Vertex, Inc.
- Net worth
- Vertex, Inc. has a market value (market cap) of $2.9B at the latest share price, and shareholders' equity of $180.2M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $748.4M (+12.2% year on year), with net income of $7.2M. Over the 12 months to September 30, 2026: revenue $808.6M, net loss $47.1M.
- Cash flow
- In fiscal 2025 operations brought in $165.5M of cash.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 5, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Vertex, Inc.'s next report is expected around February 10, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
What Vertex, Inc. does
Vertex, Inc. is registered with the SEC under industry code SIC 7372 (Services-Prepackaged Software). Its shares trade on NASDAQ under the ticker VERX.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $748.4M | $7.2M | n/a | n/a |
| 2024 | $666.8M | -$52.7M | n/a | $93.1M |
| 2023 | $572.4M | -$13.1M | n/a | $25.1M |
| 2022 | $491.6M | -$12.3M | n/a | $18.3M |
| 2021 | $425.5M | -$1.5M | n/a | $58.6M |
| 2020 | $374.7M | -$75.1M | n/a | $38.6M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where VERX ranks in Technology
Dividends
It paid out $146.1M in cash dividends.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2020 | n/a | $146.1M | n/a |
| 2020 | $0.11 | $28.6M | 92% |
| 2018 | $0.09 | $28M | n/a |
Latest SEC filings
What Vertex, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 5, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 11% to $213.3M versus the same quarter last year; net loss of $46.6M versus net income of $4M.
- November 4, 2026
- October 1, 2026Executive or director change8-KVertex appointed Debanjan Saha to its Board of Directors effective October 7, 2026.
- August 4, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 11% to $204M versus the same quarter last year; net income of $9M versus a net loss of $961K.
- August 3, 2026
- June 11, 2026
- May 12, 2026Passive stake (5% or more) SCHEDULE 13G
- May 7, 2026Quarterly report 10-Q · period to March 31, 2026Revenue rose 11% to $196.6M versus the same quarter last year; net loss of $2.5M versus net income of $11.1M.
- May 7, 2026
- April 29, 2026Passive stake (5% or more) SCHEDULE 13G
Insider trades
What the people running Vertex, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider bought or sold shares on the open market in the last 90 days. The 1 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| October 7, 2026 | Saha DebanjanDirector | Received as pay | 11,199 | - |
| June 10, 2026 | Saunders Philip SethDirector | Received as pay | 15,638 | - |
| June 10, 2026 | Andersen Eric C.Director | Received as pay | 15,638 | - |
| June 10, 2026 | Gayton Bradley MDirector | Received as pay | 15,638 | - |
| June 10, 2026 | Thompson Stefanie WestphalDirector, 10% owner | Received as pay | 15,638 | - |
| June 10, 2026 | Radcliffe Amanda WestphalDirector, 10% owner | Received as pay | 15,638 | - |
| June 10, 2026 | DeStefano DavidDirector | Received as pay | 15,638 | - |
| June 10, 2026 | Stamm John RichardDirector | Received as pay | 15,638 | - |
Who owns VERX
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Amanda Radcliffe13G, passive with 15 related filers | 20.9% | August 13, 2025 |
| Vanguard Portfolio Management13G, passive | 6.22% | April 29, 2026 |
Largest institutional holders
Insiders
15 insiders reported holding 3,876,092 shares in total, about $68.5M at the last price.
| Holder | Shares |
|---|---|
| DeStefano DavidDirector | 1,468,727197,572 held indirectly |
| ITEM SECOND IRR. TRUST FBO KYLE R. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 200110% owner | 1,221,100 |
| Westphal JeffreySee Remarks | 397,740397,740 held indirectly |
| Andersen Eric C.Director | 165,979 |
| Radcliffe Amanda WestphalDirector, 10% owner | 159,030 |
| Schwab John RCHIEF FINANCIAL OFFICER | 132,271 |
| Gayton Bradley MDirector | 68,500 |
| Thompson Stefanie WestphalDirector, 10% owner | 66,995 |
| Young Christopher DavidPresident and CEO, Director | 60,00060,000 held indirectly |
| Saunders Philip SethDirector | 50,606 |
Questions about VERX
What does Vertex, Inc. do?
Vertex, Inc. is a company in the Technology sector, listed on NASDAQ as VERX. Its shares trade on NASDAQ under the ticker VERX.
What is Vertex, Inc.'s net worth?
Vertex, Inc. has a market value (market cap) of $2.9B at the latest share price, and shareholders' equity of $180.2M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Vertex, Inc. profitable?
No. Over the twelve months to September 30, 2026 it reported a net loss of $47.1M on revenue of $808.6M.
How much revenue does Vertex, Inc. make?
Over the twelve months to September 30, 2026 Vertex, Inc. reported revenue of $808.6M. That is 10.4% more than a year earlier.
When did Vertex, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 5, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the planned insider sale from November 9, 2026.
When is Vertex, Inc.'s next earnings report?
Vertex, Inc.'s next report is expected around February 10, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
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Where the numbers come from
Financial figures are the values Vertex, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.