VERX

Vertex

VERX.US vertexinc.com
12.26
-0.01 (-0.08%)
USD · NASDAQ
52-week range
10.21
26.54
Trading at 13% of the 52-week range
Market Cap
1.99B
P/E Ratio
613.50
Forward P/E
10.57
Book Value
1.53
Div. Yield
N/A
% Institutions
95.63%
% Insiders
9.01%

1 Year

-49.6%

3 Year

-42.9%

10 Year

-48.8%
Description

Vertex, Inc., together with its subsidiaries, provides enterprise tax technology solutions for retail trade, wholesale trade, and manufacturing industries in the United States and internationally. The company offers transaction determination; compliance and reporting, including workflow management tools; tax data management and document management solutions; analytics and insights; pre-built integration that includes mapping data fields, and business logic and configurations; industry-specific solutions support certain industries for indirect tax needs, such as retail, communications, and leasing; and technology specific solutions, such as chain flow accelerator and SAP-specific tools. It provides implementation services, such as configuration, data migration and implementation, and support and training; E-invoicing, an end-to-end e-invoicing process; and managed services, including indirect tax return preparation, filing and tax payment, and notice management. The company sells its software products through software licenses and software as a service subscription. Vertex, Inc. has a strategic collaboration with xSuite Group GmbH to support SAP customers. The company was founded in 1978 and is headquartered in King of Prussia, Pennsylvania.

Company Information

Company Name
Vertex
Sector
Technology
Industry
Software - Application
Exchange
NASDAQ
ISIN: US92538J1060
CIK: 0001806837
CUSIP: 92538J106
Currency: USD
Full Time Employees: 2,000
Phone: 800 355 3500
Fiscal Year End: December
IPO Date: Jul 29, 2020
Description:

Vertex, Inc., together with its subsidiaries, provides enterprise tax technology solutions for retail trade, wholesale trade, and manufacturing industries in the United States and internationally. The company offers transaction determination; compliance and reporting, including workflow management tools; tax data management and document management solutions; analytics and insights; pre-built integration that includes mapping data fields, and business logic and configurations; industry-specific solutions support certain industries for indirect tax needs, such as retail, communications, and leasing; and technology specific solutions, such as chain flow accelerator and SAP-specific tools. It provides implementation services, such as configuration, data migration and implementation, and support and training; E-invoicing, an end-to-end e-invoicing process; and managed services, including indirect tax return preparation, filing and tax payment, and notice management. The company sells its software products through software licenses and software as a service subscription. Vertex, Inc. has a strategic collaboration with xSuite Group GmbH to support SAP customers. The company was founded in 1978 and is headquartered in King of Prussia, Pennsylvania.

Address:

2301 Renaissance Boulevard, King of Prussia, PA, United States, 19406

People

Directors & Officers

Name Title Year Born
Mr. Christopher David Young CEO, President & Director 1972
Ms. Amanda Westphal Radcliffe Co-Owner & Independent Director 1969
Ms. Stefanie Westphal-Lucas Thompson Co-Owner & Independent Director 1963
Mr. John R. Schwab Chief Financial Officer 1968
Mr. Bryan T. R. Rowland Senior VP, General Counsel & Secretary 1980
Mr. Ray Westphal Founder NA
Mr. Aneel Jaeel Chief Operations Officer NA
Mr. Ryan J. Leib CPA Chief Accounting Officer 1978
Mr. Bala Chandran Chief Product & Technology Officer NA
Mr. Joseph J. Crivelli Vice President of Investor Relations NA

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Mar 23, 2026 Ro Khanna N/A Purchase N/A $13.06 N/A
Feb 20, 2026 Eric C Andersen N/A Purchase 40.00K $12.91 $516.40K
Feb 17, 2026 Jeffrey Westphal N/A Purchase 150.00K $12.53 $1.88M
Feb 13, 2026 Jeffrey Westphal N/A Purchase 247.74K $13.08 $3.24M
Feb 05, 2026 Ro Khanna N/A Sale N/A $14.95 N/A
Jan 23, 2026 Ro Khanna N/A Purchase N/A $19.70 N/A
Oct 07, 2025 Ro Khanna N/A Purchase N/A $24.80 N/A
Sep 29, 2025 Ro Khanna N/A Purchase N/A $25.40 N/A
Sep 05, 2025 Ro Khanna N/A Sale N/A $24.04 N/A
Aug 26, 2025 Ro Khanna N/A Sale N/A $24.87 N/A
Aug 04, 2025 Ro Khanna N/A Purchase N/A $33.10 N/A
Jun 24, 2025 Item Second Irr. Trust Fbo Ann N/A Sale 14.43K $35.24 $508.34K
Jun 23, 2025 Item Second Irr. Trust Fbo Ann N/A Sale 510.00 $35.00 $17.85K
Jun 23, 2025 Ro Khanna N/A Purchase N/A $34.99 N/A
Jun 20, 2025 Item Second Irr. Trust Fbo Ann N/A Sale 8.83K $35.12 $310.18K
Jun 18, 2025 Item Second Irr. Trust Fbo Ann N/A Sale 157.87K $35.93 $5.67M
Jun 17, 2025 Item Second Irr. Trust Fbo Ann N/A Sale 145.11K $37.16 $5.39M
Jun 16, 2025 Item Second Irr. Trust Fbo Ann N/A Sale 78.25K $36.87 $2.89M
Jun 09, 2025 Jeffrey Westphal N/A Sale 3.00M $38.45 $115.35M
May 28, 2025 Ro Khanna N/A Sale N/A $39.54 N/A

Shareholders

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
BlackRock Inc 5.66M Mar 31, 2026 3.49% $0.00 0.32%
UBS Group AG 5.46M Mar 31, 2026 3.37% $0.01 -4.62%
Vanguard Portfolio Management, LLC 4.78M Mar 31, 2026 2.95% $0.00 0.00%
Morgan Stanley - Brokerage Accounts 4.29M Mar 31, 2026 2.65% $0.00 364.19%
Tensile Capital Management LP 3.40M Mar 31, 2026 2.10% $5.79 -0.63%
JPMorgan Chase & Co 3.37M Mar 31, 2026 2.08% $0.00 96.05%
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 3.18M Mar 31, 2026 1.96% $0.06 0.00%
Vanguard Capital Management, LLC 3.12M Mar 31, 2026 1.92% $0.00 0.00%
The Goldman Sachs Group Inc 2.36M Mar 31, 2026 1.46% $0.00 118.54%
D. E. Shaw & Co LP 2.19M Jun 30, 2026 1.35% $0.01 33.61%
William Blair Investment Management, LLC 2.13M Jun 30, 2026 1.31% $0.07 66.39%
State Street Corp 1.91M Mar 31, 2026 1.18% $0.00 3.33%
Brown Advisory Holdings Inc 1.81M Mar 31, 2026 1.12% $0.04 -34.90%
Geode Capital Management, LLC 1.77M Mar 31, 2026 1.09% $0.00 -1.18%
Nomura Holdings Inc 1.66M Jun 30, 2026 1.03% $0.02 -36.52%
Divisar Capital Management, LLC 1.64M Jun 30, 2026 1.01% $4.34 37.23%
Legacy Advisors, LLC 1.34M Jun 30, 2026 0.83% $1.44 0.00%
Barclays PLC 1.31M Mar 31, 2026 0.81% $0.00 -10.65%
NORGES BANK 1.31M Jun 30, 2026 0.81% $0.00 0.00%
Geneva Capital Management 1.19M Jun 30, 2026 0.73% $0.31 -44.40%

Fund Holdings

Rank Holder Name Shares Held % of Shares Change Date Reported
1 Vanguard MStar Total Stk Mkt Idx Invest 2.26M 1.39% ▲ 0.00% Jul 31, 2026
2 iShares Russell 2000 ETF 1.89M 1.16% ▼ 0.57% Aug 31, 2026
3 Vanguard Information Technology ETF 1.85M 1.14% ▲ 0.41% Jul 31, 2026
4 Vanguard Small Cap Index 1.66M 1.02% ▲ 0.16% Jul 31, 2026
5 Vanguard MStar Small Cap Growth Indx Inv 961.86K 0.59% ▼ 0.17% Jul 31, 2026
6 Fidelity Enhanced Small Cap Core ETF 949.13K 0.59% ▲ 0.29% Aug 31, 2026
7 Vanguard Institutional Extnd Mkt Idx Tr 856.46K 0.53% ▲ 1.13% Jul 31, 2026
8 Fidelity Small Cap Index 790.36K 0.49% ▲ 12.47% Jun 30, 2026
9 William Blair Small Cap Growth I 741.46K 0.46% ▲ 2.26% Jul 31, 2026
10 iShares Russell 2000 Growth ETF 689.17K 0.42% ▲ 0.00% Aug 31, 2026

Financial Highlights

Market Cap: $1.99B
EBITDA: $19.39M
P/E Ratio: $613.50
Book Value: $1.53
Earnings/Share: $0.02
Profit Margin: 0.45%
Operating Margin: 3.37%
ROA (TTM): 0.65%
ROE (TTM): 1.46%
Revenue (TTM): $787.44M
Revenue/Share (TTM): $4.92
Earnings Growth (YOY): -44.00%
Revenue Growth (YOY): 10.50%

Valuation Metrics

Enterprise Value: $2.13B
Trailing P/E: 613.50
Forward P/E: 10.57

Shares Statistics

Shares Outstanding: 80.06M
Shares Float: 70.89M
% Insiders: 9.01%
% Institutions: 95.63%
Short % Float: 6.71%

Stock Price History

1 Year Price History

3 Years Price History

10 Years Price History

Financial Charts

Revenue, Net Income & Operating Cash Flow (Yearly)

Revenue, Net Income & Operating Cash Flow (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Income Statement Waterfall

Open full waterfall
Line Item
Step Type
Value
Revenue
adjust
$748.44M
Cost of Goods Sold
adjust
$-293.93M
Gross Profit
subtotal
$454.51M
SG&A
adjust
$-171.86M
R&D
adjust
$-83.72M
Other Operating Expense
adjust
$-206.78M
Operating Income
subtotal
$-7.85M
Other / Non-Operating Items
adjust
$15.06M
Net Income
subtotal
$7.21M

Earnings Per Share (EPS) History

Financial Ratios

📦 Raw API Data (JSON Explorer)

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