Vertex, Inc. (VERX) Stock
Vertex stock price chart
VERX stock quote & key statistics
Vertex annual financials
Income statement →| Fiscal year | Revenue | Net income | EPS |
|---|---|---|---|
| FY2025 | $748.4M | $7.2M | $0.64 |
| FY2024 | $666.8M | -$52.7M | $0.61 |
| FY2023 | $572.4M | -$13.1M | $0.39 |
| FY2022 | $491.6M | -$12.3M | $0.30 |
| FY2021 | $425.5M | -$1.5M | $0.31 |
Fiscal year ending December 31. Source: company filings via EODHD.
About Vertex, Inc.
Vertex, Inc. specializes in delivering comprehensive tax technology solutions tailored for corporations operating in retail, communication, leasing, manufacturing, and other industries globally. Headquartered in King of Prussia, Pennsylvania, the company has established itself as a leader in tax automation, offering a suite of services including tax determination, compliance and reporting, tax data management, document management, and industry-specific solutions.
The core of Vertex's offerings revolves around enabling businesses to navigate complex tax landscapes efficiently. This includes providing software products through both traditional software licensing and modern Software-as-a-Service (SaaS) subscriptions. Beyond software, Vertex offers implementation and training services to ensure seamless integration and optimal use of its solutions. Additionally, the company supports clients with transaction tax returns outsourcing and other specialized tax-related services.
Founded in 1978, Vertex has accumulated decades of experience in tax technology innovation. Its solutions are designed to streamline tax processes, mitigate risks, and enhance compliance across various regulatory environments. By leveraging advanced technologies and industry expertise, Vertex empowers organizations to focus on strategic initiatives while maintaining robust tax governance.
Vertex continues to expand its global footprint, serving a diverse clientele that spans across different sectors and geographic regions. With a commitment to excellence and customer satisfaction, Vertex remains at the forefront of shaping the future of tax technology, helping businesses achieve greater operational efficiency and compliance certainty in an increasingly complex tax landscape.
Vertex stock FAQ
What is the Vertex stock ticker symbol?
Vertex, Inc. trades on the NASDAQ under the ticker symbol VERX.
What sector and industry is Vertex in?
Vertex, Inc. is classified in the Technology sector, Software - Application industry.
How many employees does Vertex have?
Vertex, Inc. has about 2,000 full-time employees.
What were Vertex's revenue and earnings last fiscal year?
Vertex reported revenue of $748.4M and net income of $7.2M in fiscal 2025, with earnings per share of $0.64. Revenue grew 12.2% from the prior year.
Is Vertex in the Russell 2000?
Yes. Vertex, Inc. (VERX) is a component of the Russell 2000, the benchmark index of U.S. small-cap stocks.
When did Vertex go public?
Vertex stock began trading on July 29, 2020.
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