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Vertex, Inc. reports developments in enterprise tax and compliance technology for global commerce, with recurring updates on indirect tax solutions, financial results, cloud revenue, and product innovation. The company provides tax determination, e-invoicing, compliance and reporting, tax data management, and related software for sales and consumer use tax, value-added tax, payroll, and other indirect tax workflows.
Company news also covers AI-driven capabilities within Vertex Cloud, availability of Vertex O Series Tax Engine and Indirect Tax Accelerator through Oracle Marketplace, acquisition activity such as Brinta in Latin America, and Vertex research on sales tax rates and rules changes across U.S. jurisdictions.
Vertex (NASDAQ: VERX) announced three senior leadership appointments to support its next phase of global growth. Effective August 4, 2026, Chatelle Lynch becomes Chief People Officer, Carlos Mercuriali Senior Vice President and Regional Manager of Europe, and Bala Chandran Chief Product and Technology Officer.
According to Vertex, Lynch will lead global people and culture strategy, Mercuriali will oversee European regional strategy and go-to-market execution, and Chandran will direct product management, engineering, information security, and emerging technology as the company advances its SaaS and AI-first transformation.
Vertex (NASDAQ: VERX) reported second quarter 2026 revenues of $204.0 million, up 10.5% year-over-year, with software subscription revenue of $174.8 million and cloud revenue of $101.7 million, up 10.7% and 17.9%, respectively. ARR reached $703.4 million, also up 10.5%.
Net revenue retention was 105% and gross revenue retention 95%. Vertex recorded a GAAP operating loss of $4.4 million, but non-GAAP operating income rose to $44.3 million. Net income was $9.0 million, or $0.06 per share, versus a prior-year loss. Adjusted EBITDA increased to $51.0 million, a 25.0% margin.
For Q3 2026, Vertex expects revenue of $208.0–$211.0 million and adjusted EBITDA of $55.0–$57.0 million. For full-year 2026, it guides to revenue of $825.0–$830.0 million, approximately 18% cloud revenue growth, and adjusted EBITDA of $206.0–$210.0 million.
Vertex (NASDAQ: VERX) released new 2026 research defining a structural shift in global indirect tax and compliance, framed as a Decision-to-Defense lifecycle. Drawing on more than 2,100 senior enterprise leaders, the study highlights two compounding forces: Defensibility Drift and CompOps Drag, which contribute to a widening Compliance Confidence Gap.
According to Vertex, 58% of enterprises face highly complex indirect tax audits, 45% cite keeping up with changing regulations as a top challenge, and 80% achieve audit readiness only with significant manual effort. The research finds that 1 in 3 US enterprises conservatively leave over $1M in annual revenue on the table due to limited confidence in defending every transaction outcome.
Vertex (NASDAQ: VERX) will release its second quarter 2026 financial results after the market close on Monday, August 3, 2026. A conference call to discuss the results is scheduled for 5:00 p.m. Eastern Time, with advance registration, a live webcast, and an audio replay available via the company’s investor relations website.
Vertex (NASDAQ:VERX) announced that President and CEO Chris Young and CFO John Schwab will present at the 46th Annual William Blair Growth Stock Conference on June 3, 2026, at 2:40 PM CT.
A live webcast and replay will be available on the company’s investor relations website.
Vertex (NASDAQ: VERX) released 2026 global research showing rising revenue and compliance risk from misalignment between IT, Tax, and Finance teams. Only 12% of organizations report fully integrated tax technology, despite 94% expecting stronger collaboration.
Findings highlight low data confidence, underrepresented tax teams, and AI adoption outpacing governance across the U.S., UK, and DACH regions.
Vertex (NASDAQ: VERX) reported Q1 2026 results for the quarter ended March 31, 2026. Revenue $196.6M (up 11.1% YoY); ARR $687.6M (up 11.2% YoY); Adjusted EBITDA $44.1M and margin 22.4%. GAAP operating loss was $(10.6)M; non-GAAP operating income $37.6M. Vertex acquired Brinta and announced a Value Creation Plan targeting increased profitability and $60–$70M annualized cash savings beginning 2027.
Guidance: Q2 revenue $200.0M–$204.0M; FY2026 revenue $823.5M–$831.5M; FY adjusted EBITDA $202.0M–$208.0M; cloud growth ~25%.
Vertex (NASDAQ:VERX) will release first quarter 2026 financial results before the market opens on Thursday, May 7, 2026. A conference call is scheduled for 8:30 a.m. Eastern Time the same day.
According to Vertex, investors must register in advance for the live event; a webcast and an audio-only replay (available for one year) will be provided on the company investor relations website.
Vertex (NASDAQ:VERX) on April 7, 2026 announced new AI capabilities embedded in Vertex Cloud to improve how enterprise tax and compliance work is executed. The update emphasizes earlier risk detection, consistency across compliance lifecycles, audit‑ready outcomes, preserved human oversight, and plain‑language intent for faster execution.
Vertex (NASDAQ:VERX) announced on March 17, 2026 that Vertex O Series Tax Engine and the Indirect Tax Accelerator for Oracle ERP are available on Oracle Marketplace and can be deployed on Oracle Cloud Infrastructure (OCI). The listing enables faster deployment, centralized global tax determination, and automated tax integration across Oracle ERP environments.
The solutions aim to reduce manual processes, shorten implementation time, and help customers adapt to evolving tax rules with an intuitive interface and flexible mapping.