Vertex, Inc. (VERX)

From the record

Vertex, Inc.'s filings since 2020 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Vertex, Inc.'s 8 filed years say what it did: revenue went from $272 million in fiscal 2018 to $748 million in fiscal 2025, up 15.5% a year; it rose in 7 of 7 years; it never fell from a peak; net income was positive in 2 of 8 of those years (its annual reports).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Vertex, Inc. earned about 3 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 38 cents per dollar of everything the company owns. Leverage: it owed about 80 cents per dollar of assets (the filed statements).

From the record

Vertex, Inc.'s standing among 218 graded names in its industry family: revenue of $748 million in fiscal 2025 ranks in the top 39% by size; a net margin of 1% ranks in the top 44%; revenue growth of 15% a year over the last 3 filed years ranks in the top 39% (its annual reports).

From the record

Vertex, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Young, Christopher David (President and CEO, as filed), filing under that title since 2025-11-10, 1 years (bottom 16% of its family); the 14 officers and directors filing in the last fifteen months have been on the record a median of 6.3 years (top 34%); 3 officer or director changes were reported on Form 8-K since 2023-11-13, against the 14 people in charge now (top 15%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Vertex, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $338 million against debt of $337 million leaves 0.1% of its assets as net cash, bottom 22% of its family; cash from operations less capital spending is 22.1% of revenue (top 31%); a gross margin of 64.3% (bottom 40%); research spending of 11.2% of revenue (bottom 20%) (its annual report).

From the record

Vertex, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 15% a year over the last three filed years against 15.5% over all 8, slowing (top 36% of its family); the newest year grew 12.3% (bottom 48%); research spending grew 26% a year (top 13%) (its annual reports). Vertex, Inc. reported 3 product lines in fiscal 2025: Cloud Subscriptions at $353 million (47%), Software Licenses at $287 million (38%), Service Other at $109 million (14%); 2 of 3 grew against the year before (its annual report).

From the record

Vertex, Inc.'s newest year against its own record: revenue of $748 million in fiscal 2025 came in 3.6% below the $776 million its prior three years' pace pointed to (bottom 36% of its family); net income of $7 million against a prior three-year average of $26 million (top 17%); a net margin of 1% against -4.2% before (bottom 45%) (its annual reports).