# Vertex Inc. (VERX)

**Exchange:** NASDAQ  
**Sector:** Technology  
**Price:** $12.11 (-5.32%)

> Vertex Inc. is a leading provider of comprehensive, integrated tax technology software and solutions for enterprise global tax compliance. The company specializes in automating tax determination, compliance, reporting, data management, document management, analytics, and insights, supporting indirect tax processes across more than 20,000 jurisdictions in over 190 countries. Its platform features tax-sensitized data with extensive rules, real-time integrations with leading ERP, eCommerce, procurement, and financial systems, and tools for e-invoicing, VAT/GST compliance, and audit readiness. Vertex Inc. empowers businesses to handle complex tax scenarios, streamline invoicing, returns filing, and cross-border transactions while adapting to evolving regulations. Serving a diverse range of industries from manufacturing to retail, it embeds tax automation into core operational workflows for accuracy and efficiency. Founded in 1978 and headquartered in King of Prussia, Pennsylvania, Vertex Inc. plays a critical role in enabling continuous compliance and risk reduction in the global financial landscape.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $748M | $482M | $2M | $7M | — |
| 2024 | $667M | $426M | -$2M | -$53M | — |
| 2023 | $572M | $349M | -$18M | -$13M | — |
| 2022 | $492M | $298M | -$8M | -$12M | — |
| 2021 | $426M | $264M | -$3M | -$1M | — |
| 2020 | $375M | $209M | -$105M | -$75M | — |
| 2019 | $322M | $211M | $32M | $31M | — |
| 2018 | $272M | $177M | -$3M | -$6M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $1.27B | $1.01B | $259M | $314M | $337M |
| 2024 | $1.17B | $987M | $179M | $296M | $335M |
| 2023 | $760M | $507M | $253M | $68M | $47M |
| 2022 | $719M | $489M | $230M | $92M | $49M |
| 2021 | $670M | $440M | $230M | $73M | — |
| 2020 | $559M | $329M | $229M | $303M | $225,000 |
| 2019 | $265M | $377M | -$130M | $76M | $682,000 |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $166M | — | — |
| 2024 | $165M | — | — |
| 2023 | $74M | $49M | $25M |
| 2022 | $64M | $46M | $18M |
| 2021 | $90M | $32M | $59M |
| 2020 | $60M | $21M | $39M |
| 2019 | $92M | $20M | $72M |
| 2018 | $80M | $21M | $59M |

Source: [CompaniesByCap](https://companiesbycap.com/company/VERX)