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Vertex, Inc. VERX

Nasdaq · stock · Services-Prepackaged Software · website · IPO 2020-07-29 · LEI

Vertex, Inc. financials (annual)

Revenue
$321.5M $374.7M $425.5M $491.6M $572.4M $666.8M $748.4M 2019202020212022202320242025
Net income
$31.1M -$75.1M -$1.5M -$12.3M -$13.1M -$52.7M $7.2M 2019202020212022202320242025
Free cash flow
$72.2M $38.6M $58.6M $18.3M $25.1M 2019202020212022202320242025

Bars are annual figures from 2019 to 2025; red bars are negative (a loss or cash outflow).

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue$748.4M$666.8M$572.4M$491.6M$425.5M$374.7M$321.5M
Gross profit$481.6M$426.1M$348.6M$298.5M$263.7M$209.3M$211.1M
R&D expense$83.7M$66.7M$58.2M$41.9M$44.0M$54.3M$30.6M
Operating income$2.3M-$2.2M-$17.5M-$8.1M-$2.9M-$104.8M$31.9M
Income tax$368,000$54.6M-$8.6M$2.2M-$2.4M-$32.8M-$155,000
Net income$7.2M-$52.7M-$13.1M-$12.3M-$1.5M-$75.1M$31.1M
Operating cash flow$165.5M$164.8M$74.3M$63.8M$90.3M$59.5M$92.5M
Free cash flow$25.1M$18.3M$58.6M$38.6M$72.2M
Cash & equivalents$314.0M$296.1M$68.2M$91.8M$73.3M$303.1M$75.9M
Total assets$1.3B$1.2B$759.9M$719.2M$670.2M$558.8M$264.6M
Total liabilities$1.0B$987.4M$506.9M$489.5M$440.1M$329.4M$377.1M
Shareholders' equity$258.9M$179.4M$253.0M$229.7M$230.1M$229.3M-$129.8M

Growth · year-over-year · Revenue CAGR 15.1%

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue growth+12.2%+16.5%+16.4%+15.5%+13.6%+16.5%
Net income growth-341.8%
Free cash flow growth+36.9%-68.7%+51.8%-46.5%

Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.