Vertex, Inc. Stock Price, News & Analysis

Vertex (NASDAQ:VERX), a global tax technology solutions provider, announced its upcoming participation in the Goldman Sachs Communacopia + Technology Conference. CEO David DeStefano and CFO John Schwab will engage in a fireside chat on September 11, 2025, at 9:30 AM PT.

Investors can access both the live webcast and replay of the presentation through Vertex's investor relations website at ir.vertex.com.

Vertex Inc. (NASDAQ:VERX), a global indirect tax solutions provider, has released its summer consumer tax survey revealing significant shifts in shopping patterns. The study shows that 85% of consumers now begin summer shopping in late winter, creating new peak seasons for retailers.

The survey highlights that 53% of consumers are shopping earlier to avoid price increases, with 55% preferring a blend of in-store and online shopping. Notable summer shopping trends include 76% purchasing summer clothing, 71% shopping for summer hobbies, and 69% participating in holiday weekend sales.

Vertex emphasizes the growing importance of automated tax technology for retailers to manage increased product complexity and maintain compliance across multiple shopping channels and seasonal promotions.

Vertex (NASDAQ:VERX) reported its Q2 2025 financial results with mixed performance. Total revenues reached $184.6 million, up 14.6% year-over-year, driven by strong cloud revenue growth of 29.9% reaching $86.2 million. Software subscription revenues increased 15.7% to $157.8 million.

The company reported a net loss of $1.0 million, compared to net income of $5.2 million in the prior year. Annual Recurring Revenue (ARR) grew 16.1% to $636.6 million, including $10.8 million from the ecosio acquisition. Due to extended sales cycles and delayed customer decisions, Vertex reduced its full-year 2025 guidance, now expecting revenues between $750.0-754.0 million with cloud revenue growth of 28%.

The company maintains optimism about future growth drivers, including increasing indirect tax complexity, ERP cloud conversions, and global e-invoicing mandates.

Vertex (NASDAQ:VERX) has released its 2025 Mid-Year U.S. Rates and Rules Report, revealing 408 sales tax rate changes and new rates through June 30, 2025, marking a 24% increase from H1 2024. The report highlights significant shifts in the U.S. tax landscape, with Louisiana being the only state to increase its sales tax rate from 4.55% to 5%.

Key findings include a 42% increase in county rate changes, doubled new taxing cities from 30 to 60, and an 82% spike in new district taxes. City rate increases outpaced decreases by a ratio of 6:1. The report also identifies emerging trends in digital taxation and e-invoicing compliance, reflecting growing complexity in tax management for businesses.

Vertex (NASDAQ:VERX), a global provider of indirect tax solutions, has scheduled its second quarter 2025 financial results announcement for Wednesday, August 6, 2025, before market opening.

The company will host a conference call at 8:30 a.m. Eastern Time to discuss the results. Participants can dial 1-412-317-6026 to join. A webcast will be available on Vertex's Investor Relations website. A replay will be accessible until August 20, 2025, via phone (1-412-317-6671, passcode 10200958) or the company website.

Vertex (NASDAQ:VERX), a leading global provider of indirect tax solutions, has announced 65 new enhancements to its tax technology portfolio. The update includes significant integrations with major platforms like SAP, Oracle, Coupa, and Shopify, alongside the introduction of Vertex Copilot, an AI-powered assistant, and Vertex Express Returns for U.S. and Canadian tax compliance.

Key improvements include Brazil tax reform readiness, tax content expansion with 300+ new categories, enhanced VAT ID validation across 67+ countries, and new e-invoicing capabilities. The company has also strengthened its cloud presence with Vertex Tax Calculation on Azure, now available via Microsoft Marketplace.

These updates aim to simplify global tax compliance, reduce implementation time, and support clean-core ERP strategies while maintaining business continuity.

Vertex Inc. (NASDAQ:VERX), a global indirect tax solutions provider, has been selected to join Oracle's enhanced PartnerNetwork program at the highest ISV level. The partnership, building on a long-standing relationship, strengthens Vertex's ability to deliver tax automation solutions integrated with Oracle Fusion Cloud Applications Suite. As an Oracle-certified, embedded, and aligned partner, Vertex offers certified integrations and specialized tax expertise that enables tax automation within existing ERP workflows. The enhanced collaboration aims to help organizations address risk, improve accuracy, and maintain global compliance. Through the program, Vertex can achieve Oracle Expertise by meeting specific qualifiers related to products, services, industries, and geographies.

Vertex Inc. (NASDAQ:VERX) has been named a finalist for the 2025 SAP® Pinnacle Award in the SAP Store category. The award recognizes SAP partners who excel in partnership development and customer success. The selection was based on SAP recommendations, customer feedback, and performance indicators across 24 categories.

The SAP Store category specifically evaluates partners based on solution visibility, opportunity creation, and pipeline impact. Brian Wilchusky, Senior Director of SAP Global Partnerships at Vertex, highlighted the company's 25-year collaboration with SAP in delivering integrated tax solutions. Vertex will also participate in and sponsor the upcoming SAP Sapphire conference.

Vertex Inc. (NASDAQ:VERX), a global tax technology solutions provider, has announced its participation in the 20th Annual Needham Technology, Media, & Consumer Conference. The company's leadership, including CEO David DeStefano and CFO John Schwab, will engage in a fireside chat scheduled for Monday, May 12, 2025, at 9:30 AM Eastern Time. Investors and interested parties can access both live webcasts and replay recordings of the presentations through Vertex's investor relations website at ir.vertex.com.