Every 10-Q that Vertex, Inc. (VERX) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow VERX and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full VERX filings page.
Vertex, Inc., a provider of tax calculation and compliance software, reported Q2 2026 revenues of $203,970 (amounts in thousands), up from $184,559 a year earlier, driven by software subscriptions of $174,753 and services of $29,217. Gross profit was $131,300, but operating expenses of $135,743 resulted in a loss from operations of $4,443. A large income tax benefit of $13,142 contributed to net income of $9,043, or $0.06 per diluted share. For the first half of 2026, revenue reached $400,616 and net income was $6,533.
As of June 30, 2026, total assets were $1,210,147 with cash and cash equivalents of $230,489 and deferred revenue of $386,901, while stockholders’ equity was $241,107. The company generated $68,871 of operating cash in the first half, spent $80,447 on investing activities, including internal software development and the $22,070 Brinta acquisition, and used $69,091 in financing, mainly $46,500 of share repurchases and ecosio earn-out payments. Vertex also carries $345,000 of 0.750% Convertible Senior Notes due 2029 and recognized $32,270 of stock-based compensation in the first half.
Vertex, Inc. reported Q1 2026 revenue of $196.6 million, up from $177.1 million a year earlier, driven mainly by growth in cloud subscriptions. Despite higher gross profit, the company posted a net loss of $2.5 million versus prior-year net income of $11.1 million as operating expenses increased, including stock-based compensation of $18.5 million and legal and transaction costs.
Operating cash flow strengthened to $38.0 million from $14.8 million, while investing cash outflows rose to $52.3 million, reflecting the $22.0 million Brinta acquisition and continued internal software investment. Financing activities used $53.3 million, mainly for $20.0 million of share repurchases and a $19.6 million ecosio earn-out payment. Vertex ended the quarter with $252.5 million in cash and a $345.0 million principal balance of 0.750% convertible senior notes due 2029. Adjusted EBITDA reached $44.1 million, up from $37.2 million. The company also recorded a $6.2 million severance charge tied to a new Value Creation Plan reducing about 170 positions.
Vertex, Inc. (VERX) filed its Q3 2025 10‑Q, showing continued growth in software-driven revenue and stable profitability. Revenue was $192.1 million, up from $170.4 million a year ago, led by software subscriptions of $164.8 million and services of $27.3 million. Gross profit reached $121.3 million. Operating income was $4.3 million and net income was $4.0 million, with diluted EPS of $0.02. For the first nine months, revenue totaled $553.7 million and net income was $14.2 million.
The balance sheet remained solid with cash and cash equivalents of $313.5 million and debt of $336.9 million. Current deferred revenue was $333.6 million, reflecting strong contracted demand. Stockholders’ equity rose to $264.5 million, helped by a sharp improvement in accumulated other comprehensive loss.
Operating cash flow was $123.3 million for the nine months, funding investments including $69.3 million of property and equipment and $16.4 million of capitalized software. Vertex recorded fair value updates to ecosio contingent consideration and disclosed a $15.0 million preferred equity investment in Kintsugi AI, aligned with its tax automation strategy.