Vertex, Inc.
About Vertex, Inc.
Vertex Inc is a provider of tax technology and services. Its software, content, and services help customers stay in compliance with indirect taxes that occur in taxing jurisdictions all over the world. It provides cloud-based and on-premise solutions to specific industries for every line of tax, including income, sales, consumer use, value-added, and payroll. The company offers solutions such as tax determination, Tax Data Management, document management, and compliance and reporting, among others. The company derives revenue from software subscriptions.
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Financial summary
- Revenue FY2025
- $748.4M
- Net income
- $7.2M
- Total assets
- $1.3B
- Market cap
- $2.1B
- Gross margin
- 64.3%
- Operating margin
- 0.3%
- Net margin
- 1.0%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $748.4M
- Cost of revenue
- $266.8M
- Gross profit
- $481.6M
- Operating expenses
- $479.3M
- Operating income
- $2.3M
- Income tax
- $368.0K
- Net income
- $7.2M
Balance sheet
- Total assets
- $1.3B
- Current assets
- $560.7M
- Total liabilities
- $1.0B
- Current liabilities
- $574.7M
- Shareholders’ equity
- $258.9M
Cash flow
- Operating cash flow
- $165.5M
- Investing cash flow
- -$123.7M
- Financing cash flow
- -$32.8M
- Net cash flow
- $12.2M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year
52-week range
- Market cap
- $2.1B
- Shares outstanding
- 165.0M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Jul 29, 2020
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Profitable — net income of $7.2M in FY2025.
- Revenue grew 100% from FY2020 to FY2025.
- Gross margin of 64.3%, net margin 1.0%.
- Trading 69% below its 52-week high.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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