VE
$15.37
+0.70
(+4.77%)
As of Oct 22, 2026, 2:54 PM EDT · cached
Price history
Vertex Inc Class a (VERX) is trading up at $15.37 (+4.77%), as of the latest quote. It is a Russell 2000 constituent in the Information Technology sector.
IPO: July 29, 2020 · $19.00 offering · NASDAQ · View IPO details →
Vertex Inc Class a revenue & net income history (FY2018–FY2025)
RevenueNet incomeNet margin (right axis, %)
| FY2018Dec 2018 | FY2019Dec 2019 | FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $272.4M | $321.5M | $374.7M | $425.5M | $491.6M | $572.4M | $666.8M | $748.4M |
| Growth (year over year) | — | +18.0% | +16.5% | +13.6% | +15.5% | +16.4% | +16.5% | +12.2% |
| Gross profit | $176.7M | $211.1M | $209.3M | $263.7M | $298.5M | $348.6M | $426.1M | $481.6M |
| Gross margin | 64.9% | 65.7% | 55.9% | 62.0% | 60.7% | 60.9% | 63.9% | 64.3% |
| Operating income | −$2.83M | $31.9M | −$104.8M | −$2.94M | −$8.08M | −$17.5M | −$2.23M | $2.33M |
| Operating margin | −1.0% | 9.9% | −28.0% | −0.7% | −1.6% | −3.1% | −0.3% | 0.3% |
| Net income | −$6.11M | $31.1M | −$75.1M | −$1.48M | −$12.3M | −$13.1M | −$52.7M | $7.21M |
| Net margin | −2.2% | 9.7% | −20.0% | −0.3% | −2.5% | −2.3% | −7.9% | 1.0% |
| Balance sheet | ||||||||
| Cash and equivalents | $55.8M | $75.9M | $303.1M | $73.3M | $91.8M | $68.2M | $296.1M | $314.0M |
| Total assets | — | $264.6M | $558.8M | $670.2M | $719.2M | $759.9M | $1.17B | $1.27B |
| Total liabilities | — | $377.1M | $329.4M | $440.1M | $489.5M | $506.9M | $987.4M | $1.01B |
| Long-term debt | — | $682.0K | $225.0K | — | $46.7M | $44.1M | $335.2M | $337.5M |
| Shareholders' equity | −$126.3M | −$129.8M | $229.3M | $230.1M | $229.7M | $253.0M | $179.4M | $258.9M |
| Cash flow | ||||||||
| Operating cash flow | $80.4M | $92.5M | $59.5M | $90.3M | $63.8M | $74.3M | $164.8M | $165.5M |
| Capital expenditure | $21.1M | $20.3M | $21.0M | $31.7M | $45.5M | $49.3M | $71.8M | — |
| Free cash flow | $59.4M | $72.2M | $38.6M | $58.6M | $18.3M | $25.1M | $93.1M | — |
| Dividends paid | $28.0M | $28.6M | $146.1M | — | — | — | — | — |
| Share buybacks | $1.28M | $841.0K | — | — | — | — | — | $10.1M |
RevenueNet incomeNet margin (right axis, %)
| Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $170.4M | $178.5M | $177.1M | $184.6M | $192.1M | $194.7M | $196.6M | $204.0M |
| Growth (year over year) | +17.5% | +15.2% | +12.9% | +14.6% | +12.7% | +9.1% | +11.1% | +10.5% |
| Gross profit | $110.5M | $117.1M | $113.0M | $121.2M | $121.3M | $126.1M | $124.9M | $131.3M |
| Gross margin | 64.8% | 65.6% | 63.8% | 65.7% | 63.1% | 64.8% | 63.5% | 64.4% |
| Operating income | $4.90M | −$13.1M | $4.49M | −$3.86M | $4.32M | −$2.61M | −$10.6M | −$4.44M |
| Operating margin | 2.9% | −7.3% | 2.5% | −2.1% | 2.2% | −1.3% | −5.4% | −2.2% |
| Net income | $7.22M | −$67.8M | $11.1M | −$961.0K | $4.04M | −$7.00M | −$2.51M | $9.04M |
| Net margin | 4.2% | −38.0% | 6.3% | −0.5% | 2.1% | −3.6% | −1.3% | 4.4% |
| Balance sheet | ||||||||
| Cash and equivalents | $279.0M | $296.1M | $270.4M | $284.4M | $313.5M | $314.0M | $252.5M | $230.5M |
| Total assets | $1.19B | $1.17B | $1.15B | $1.20B | $1.22B | $1.27B | $1.21B | $1.21B |
| Total liabilities | $931.8M | $987.4M | $953.7M | $950.1M | $957.4M | $1.01B | $967.9M | $969.0M |
| Long-term debt | $334.7M | $335.2M | $335.8M | $336.3M | $336.9M | $337.5M | $338.0M | $338.6M |
| Shareholders' equity | $259.0M | $179.4M | $200.5M | $248.0M | $264.5M | $258.9M | $246.5M | $241.1M |
| Cash flow | ||||||||
| Operating cash flow | $41.4M | $41.1M | $14.8M | $46.0M | $62.5M | $42.3M | $38.0M | $30.9M |
| Capital expenditure | $65.7M | $0 | — | — | — | — | $22.0M | $0 |
| Free cash flow | −$24.3M | $41.1M | — | — | — | — | $16.0M | $30.9M |
| Share buybacks | — | — | — | — | — | — | $20.0M | $26.6M |
From Vertex Inc Class a's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
About Vertex Inc Class a
- Headquarters
- King Of Prussia, Pennsylvania From SEC filings, Oct 2026
Recent News (1)
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